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Barratt Developments PLC
Director's Dealing • Jul 15, 2024
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 4034W
Barratt Developments PLC
15 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
Vesting of Awards under the Barratt Developments PLC Employee Long Term Incentive Plan (the 'ELTIP')
In July 2022 a person closely associated ('PCA') with Steven Boyes, Chief Operating Officer & Deputy Chief Executive, was granted an award under the ELTIP. This award vested on 1 July 2024 and was released to the PCA on 11 July 2024. Details of the award granted, the number of shares sold to cover the tax and national insurance due on release and those retained by the PCA are set out in the table below:
| Number of awards | Number of shares sold | Number of shares retained | |
| PCA of Steven Boyes | 271 | 118 | 153 |
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 | 866,731 |
| Mike Scott | Chief Financial Officer | 551,789 |
In addition, 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 |
| Caroline Silver | Chair | 10,000 |
| David Thomas | Chief Executive | 1,326,830 |
| Steven Boyes | Chief Operating Officer & Deputy Chief Executive | 728,235 |
| Mike Scott | Chief Financial Officer | 69,832 |
| Katie Bickerstaffe | Non-Executive Director | 8,489 |
| Jock Lennox | Non-Executive Director | 10,000 |
| Jasi Halai | Non-Executive Director | 12,581 |
| Nigel Webb | Non-Executive Director | 12,660 |
The Notification of Dealing Forms 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 | Vesting of Shares under the Barratt Developments Employee Long Term Incentive Plan |
| c) | Price(s) and volume(s) | 271 shares under the Barratt Developments Employee Long Term Incentive Plan for no cost |
| d) | Aggregated information - Aggregated volume - Price |
N/A - Single Transaction |
| e) | Date of the transaction | 11 July 2024 |
| f) | Place of the transaction | Outside a trading venue |
| 4.2 | 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 shares to cover tax and NI liability on the vesting of the Employee Long Term Incentive Plan |
| c) | Price(s) and volume(s) | 118 shares sold at £4.825204 per share |
| d) | Aggregated information - Aggregated volume - Price |
N/A - Single Transaction |
| e) | Date of the transaction | 11 July 2024 |
| f) | Place of the transaction | XLON |
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