Barratt Developments PLC

Remuneration Information • Jul 24, 2024

National Storage Mechanism | Additional information

RNS Number : 6417X

Barratt Developments PLC

24 July 2024

BARRATT DEVELOPMENTS PLC

(the 'Company')

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and persons closely associated ('PCAs') with them.

Grant of Awards under the Barratt Developments PLC Employee Long-Term Incentive Plan (the 'ELTIP')

The Company announces that, on 22 July 2024, a person closely associated (PCA) with Steven Boyes, Chief Operating Officer & Deputy Chief Executive of the Company, was granted an award under the ELTIP. Details of the award are set out below. 

	Role	Number of shares under award
PCA with Steven Boyes	Chief Operating Officer & Deputy Chief Executive	150

The award is subject to a continued employment condition meaning that, to receive the award, the PCA with Steven Boyes must remain employed by the Company for a minimum of two years commencing on 1 July 2024.

The number of shares over which the award was granted was calculated based on a price of £ 4.968 per share, being the average of the closing prices, as derived from the London Stock Exchange daily official list, for each of the dealing days in the period of five days ending with the day before the Grant Date.

Following the above transaction, the Company confirms that at the date of this announcement, each of the Executive Directors of the Company and their PCAs hold 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 & Deputy Chief Executive	866,881
Mike Scott	Chief Financial Officer	551,789

The Notification of Dealing Form for the above transaction is set out below:

Notification of Dealing Form

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charles Boyes
2	Reason for the notification
a)	Position/status	Person Closely Associated with the 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
4.1	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 10 pence ISIN: GB0000811801
b)	Nature of the transaction	Grant of a Conditional Award under the Barratt Developments Employee Long-Term Incentive Plan
c)	Price(s) and volume(s)	150 shares awarded at no cost
d)	Aggregated information - Aggregated volume - Price	N/A - Single Transaction
e)	Date of the transaction	22 July 2024
f)	Place of the 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              07702 676380

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