Barratt Developments PLC — Director's Dealing 2015

Nov 2, 2015

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RNS Number : 2401E

Barratt Developments PLC

02 November 2015

BARRATT DEVELOPMENTS PLC

NOTIFICATION OF TRANSACTIONS BY EXECUTIVE DIRECTORS AND PDMRS

Barratt Developments PLC Deferred Bonus Plan ('DBP), Long-Term Performance Plan ('LTPP') - Vesting of Awards

In October 2012, the Executive Directors/PDMRs listed below were granted awards under the 2012 DBP and the 2012 LTPP. These awards vested on 12 October 2015 and 24 October 2015 respectively, however no shares could be released until such time as each of the participants had entered into satisfactory arrangements to settle any tax and NI due on release. In accordance with D.T.R. 3.1.2R, the Company was notified on 30 October 2015 of the acquisition by Executive Directors/PDMRs of a total of 854,653 Ordinary Shares of 10 pence each in the Company (following settlement of tax and national insurance due on the release of the shares) in London, on 30 October 2015, as follows:

Vesting of awards - DBP and LTPP:

Executive Director/PDMR	Number of shares vested - 2012 DBP	Number of shares vested - 2012 LTPP	Total number of shares vested	Percentage of issued share capital	Number of shares acquired (following settlement of tax and NI*)	Percentage of issued share capital
David Thomas	116,903	534,493	651,396	0.0650	344,751	0.0344
Steven Boyes	111,746	534,493	646,239	0.0645	342,023	0.0341
Tom Keevil	70,162	247,047	317,209	0.0317	167,879	0.0168

* Tax and NI due on release and the number of shares sold to cover were calculated on a price of £6.1357 per share

The Company confirms that, following the above transaction and at the date of this announcement, 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	Total number of shares beneficially owned	Percentage of Issued Share Capital
John Allan	Chairman	3,102	0.0003
David Thomas	Chief Executive	1,276,328	0.1274
Steven Boyes	Chief Operating Officer	827,498	0.0826
Mark Rolfe	Senior Independent Director	71,821	0.0072
Richard Akers	Non-Executive Director	40,000	0.0040
Tessa Bamford	Non-Executive Director	32,542	0.0032
Nina Bibby	Non-Executive Director	8,500	0.0008
Tom Keevil	Group General Counsel and Company Secretary	175,079	0.0175

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

For further information please contact:

Tom Keevil Group General Counsel and Company Secretary	+44 (0)1530 278 278
Patrick Law, Group Corporate Affairs Director	+44 (0) 20 7299 4892

This information is provided by RNS

The company news service from the London Stock Exchange

END

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