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Barratt Developments PLC
Remuneration Information • Apr 8, 2024
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 7205J
Barratt Developments PLC
08 April 2024
BARRATT DEVELOPMENTS PLC
(the 'Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Grant of options under the Barratt Developments Savings-Related Share Option Scheme (the 'SAYE')
The Company announces that, following the issue of an invitation to all employees with a minimum of one month's service to participate in the Company's HMRC approved SAYE, David Thomas, Chief Executive of the Company, and a person closely associated ('PCA') to Steven Boyes, Chief Operating Officer and Deputy Chief Executive of the Company, were granted options over ordinary shares of 10 pence each in the Company under the SAYE on 3 April 2024 as follows:
| Number of options | Option price | Exercise period | |
| David Thomas | 2,434 | £3.81 | 1 July 2027 to 31 December 2027 |
| PCA of Steven Boyes | 2,434 | £3.81 | 1 July 2027 to 31 December 2027 |
Following the above transaction, the Company confirms that at the date of this announcement, each of the Executive Directors of the Company, and their persons closely associated, holds the following total number of options and awards over Ordinary Shares of 10 pence each in the Company:
| Executive Director | Role | Total number of shares under option and/or award |
| David Thomas | Chief Executive | 1,071,607 |
| Steven Boyes | Chief Operating Officer and Deputy Chief Executive | 867,002 |
| Mike Scott | Chief Financial Officer | 551,789 |
Notification of Dealing Form for Mr David Thomas:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | David Thomas |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive |
| b) | Initial notification /Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Barratt Developments PLC |
| b) | LEI | 2138006R85VEOF5YNK29 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
| a) | Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 10p ISIN: GB0000811801 |
| b) | Nature of the transaction | Grant of Option under the Barratt Developments Savings-Related Share Option Scheme |
| c) | Price(s) and volume(s) | Option awarded over 2,434 shares at an exercise price of £3.81 per share |
| d) | Aggregated information - Aggregated volume - Price |
N/A - Single Transaction |
| e) | Date of the transaction | 3 April 2024 |
| f) | Place of transaction | Outside a Trading Venue |
Notification of Dealing Form for PCA of Mr Steven Boyes:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Charles Boyes |
| 2 | Reason for the notification | |
| a) | Position/status | PCA of Steven Boyes, Chief Operating Officer/ Deputy Chief Executive |
| b) | Initial notification /Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Barratt Developments PLC |
| b) | LEI | 2138006R85VEOF5YNK29 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
| a) | Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 10p ISIN: GB0000811801 |
| b) | Nature of the transaction | Grant of Option under the Barratt Developments Savings-Related Share Option Scheme |
| c) | Price(s) and volume(s) | Option awarded over 2,434 shares at an exercise price of £3.81 per share |
| d) | Aggregated information - Aggregated volume - Price |
N/A - Single Transaction |
| e) | Date of the transaction | 3 April 2024 |
| f) | Place of transaction | Outside a Trading Venue |
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
For further information, please contact:
Tina Bains, Company Secretary 01530 278278
Date of Notification: 8 April 2024
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