Barratt Developments PLC

Remuneration Information • Apr 28, 2017

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RNS Number : 6898D

Barratt Developments PLC

28 April 2017

28 April 2017

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 options under the Barratt Developments Savings-Related Share Option Scheme (the 'SAYE')

The Company announces that on 27 April 2017, Steven Boyes was granted an option over 1,939 ordinary shares of 10 pence each in the Company under the HMRC approved SAYE. The Option may be exercised during the period 1 July 2020 to 31 December 2020 at an exercise price of £4.64 per share.

Participation in the SAYE was extended to all employees with a minimum of one month's service with the Company on similar terms and was offered for a period of three or five years.

Following the above transaction, the Company confirms that at the date of this announcement, each of the Executive Directors holds 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	1,121,319
Steven Boyes	Chief Operating Officer and Deputy Chief Executive	785,394

The Company also confirms that, at the date of this announcement, each of the PDMRs 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	34,205
David Thomas	Chief Executive	1,459,096
Steven Boyes	Chief Operating Officer and Deputy Chief Executive	1,005,868
Richard Akers	Non-Executive Director	50,000
Tessa Bamford	Non-Executive Director	35,706
Nina Bibby	Non-Executive Director	8,500
Jock Lennox	Non-Executive Director	10,000

The Notification of Dealing Forms for each of the above transactions by the Executive Director/PDMR 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 and 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	Grant of Option under the Barratt Developments Savings-Related Share Option Scheme
c)	Price(s) and volume(s)	Option awarded over 1,939 shares at an exercise price of £4.64 per share
d)	Aggregated information - Aggregated volume - Price	N/A - Single Transaction
e)	Date of the transaction	27 April 2017
f)	Place of the transaction	Outside a trading venue

This notification is made in accordance with the requirements of the Market Abuse Regulation.

For further information please contact:

Tina Bains

Company Secretary

01530 278278

This information is provided by RNS

The company news service from the London Stock Exchange

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