Director's Dealing • Feb 13, 2020
Director's Dealing
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RNS Number : 9084C
Barratt Developments PLC
13 February 2020
BARRATT DEVELOPMENTS PLC
(the 'Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and persons closely associated ('PCAs') with them
The Company announces that Steven Boyes, Chief Operating Officer/Deputy Chief Executive and his PCAs sold a total of 435,000 ordinary shares of 10 pence each on 12 February 2020, at a price of £8.4235 per share.
Following this transaction, the Company confirms that, at the date of this announcement, each of the Directors of the Company, and their PCAs, hold the following total number of ordinary shares of 10 pence each in the Company:
| Director/PDMR | Role | Number of shares |
| John Allan | Chairman | 76,705 |
| David Thomas | Chief Executive | 1,000,766 |
| Steven Boyes | Chief Operating Officer/Deputy Chief Executive | 457,890 |
| Jessica White | Chief Financial Officer | 67,825 |
| Richard Akers | Non-Executive Director | 60,000 |
| Nina Bibby | Non-Executive Director | 8,500 |
| Jock Lennox | Non-Executive Director | 10,000 |
The Notification of Dealing Forms for the above transactions by the Executive Director/PDMR and his PCAs can be found below.
Notification of Dealing - Steven Boyes
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Steven Boyes
2
Reason for the notification
a)
Position/status
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 10 pence
ISIN: GB0000811801
b)
Nature of the transaction
Sale of Barratt Developments PLC Ordinary Shares of 10 pence each.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £8.4235 per share | 116,090 |
d)
Aggregated information
- Aggregated volume
- Price
N/A - Single Transaction
e)
Date of the transaction
12 February 2020
f)
Place of the transaction
London Stock Exchange - XLON
Notification of Dealing - PCA of Steven Boyes
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrea Boyes
2
Reason for the notification
a)
Position/status
PCA of PDMR 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 10 pence
ISIN: GB0000811801
b)
Nature of the transaction
Sale of Barratt Developments PLC Ordinary Shares of 10 pence each.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £8.4235 per share | 288,910 |
d)
Aggregated information
- Aggregated volume
- Price
N/A - Single Transaction
e)
Date of the transaction
12 February 2020
f)
Place of the transaction
London Stock Exchange - XLON
Notification of Dealing - PCA of Steven Boyes
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mr Steven Boyes, Mrs Andrea Boyes, Mr Nigel Paul Shaw, Trustees of the SJ Boyes Discretionary Settlement 2016
2
Reason for the notification
a)
Position/status
PCA of PDMR 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 10 pence
ISIN: GB0000811801
b)
Nature of the transaction
Sale of Barratt Developments PLC Ordinary Shares of 10 pence each.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £8.4235 per share | 15,000 |
d)
Aggregated information
- Aggregated volume
- Price
N/A - Single Transaction
e)
Date of the transaction
12 February 2020
f)
Place of the transaction
London Stock Exchange - XLON
Notification of Dealing - PCA of Steven Boyes
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Mrs Andrea Boyes, Mr Steven Boyes, Mr Nigel Paul Shaw, Trustees of the A Boyes Discretionary Settlement 2016
2
Reason for the notification
a)
Position/status
PCA of PDMR 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 10 pence
ISIN: GB0000811801
b)
Nature of the transaction
Sale of Barratt Developments PLC Ordinary Shares of 10 pence each.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £8.4235 per share | 15,000 |
d)
Aggregated information
- Aggregated volume
- Price
N/A - Single Transaction
e)
Date of the transaction
12 February 2020
f)
Place of the transaction
London Stock Exchange - XLON
This notification is made in accordance with the requirements of the EU Market Abuse Regulation.
For further information, please contact:
Tina Bains, Company Secretary 01530 278278
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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