Barratt Developments PLC

Director's Dealing • Apr 1, 2015

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RNS Number : 0839J

Barratt Developments PLC

01 April 2015

Barratt Developments PLC

DIRECTORS' SHARE DEALINGS

In accordance with the requirements of D.T.R.3.1.2 Barratt Developments PLC (the "Company") was notified yesterday that each of the Directors and Officers of the Company named below have carried out on the 30th and 31st of March 2015 the following transactions on the London Stock Exchange in accordance with the applicable shareholding guidelines:

	Mark Clare Chief Executive Officer	Steven Boyes Chief Operating Officer	Tom Keevil Group General Counsel and Company Secretary
	Shares	Shares	Shares
Shares held beneficially as at 30 March 2015	2,203,903	978,275	256,123
Exercise of option: Number of share options exercised under the Executive Share Option Scheme ("ESOS") which vested October 2012 at a price of £1.2139 per share	340,456	189,142	-
Shares sold to meet option cost, tax and national insurance liability and dealing costs	(202,495)	(112,497)	-
Sale of shares: Remaining shares under the October 2012 ESOS Beneficially owned shares	(137,961) (1,900,000)	(76,645) (500,000)	- (256,123)
Shares beneficially held as at 31 March 2015	303,903	478,275	-

The sale of shares under the ESOS was carried out at an average price of 527 pence per share. The sale of the other shares was carried out at 530 pence, 526 pence and 534 pence per share for Mark Clare, Steven Boyes and Tom Keevil respectively.

The Company confirms that as a result of the above transaction the shareholdings of each of the Directors/PDMRs of the Company, and their connected persons, hold the following total number of shares of 10 pence each in the Company:

Director/PDMR	Role	Number of Shares Held	Percentage of Issued Share Capital
John Allan	Chairman	3,102	0.0003%
Mark Clare	Group Chief Executive	303,903	0.0306%
David Thomas	Group Finance Director	931,577	0.0939%
Steven Boyes	Chief Operating Officer	478,275	0.0482%
Mark Rolfe	Senior Independent Director	71,251	0.0072%
Richard Akers	Non-Executive Director	40,000	0.0040%
Tessa Bamford	Non-Executive Director	32,284	0.0033%
Nina Bibby	Non-Executive Director	8,500	0.0009%
Tom Keevil	Group General Counsel and Company Secretary	-	0.0000%

Following the above exercise, the Company confirms that at the date of this announcement, each of the Executive Directors/PDMRs hold the following total number of options and awards over Ordinary Shares of 10 pence each in the Company:

Executive Director/PDMR	Number of options and awards held
Mark Clare	2,002,121
David Thomas	1,514,673
Steven Boyes	1,294,193
Tom Keevil	521,315

This notification is made in accordance with the requirements of D.T.R. 3.1.4.

Note

It was announced on 27 March 2015, that Mark Clare will step down as Chief Executive on 1 July 2015 and from the Board at the end of July.  He will remain with the Group until the end of October 2015 to ensure an orderly handover to David Thomas who will become the Group Chief Executive effective 1 July 2015.

For further information please contact:

Tom Keevil Group General Counsel and Company Secretary	+44 (0) 1530 278 278

This information is provided by RNS

The company news service from the London Stock Exchange

END

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