Director/PDMR Shareholding

RNS Number : 8878V

Barratt Developments PLC

31 October 2014

 



BARRATT DEVELOPMENTS PLC

NOTIFICATION OF TRANSACTIONS BY EXECUTIVE DIRECTORS AND PDMRS

Barratt Developments PLC Long-Term Performance Plan - Vesting of Awards

On 20 October 2011, the Executive Directors/PDMRs listed below were granted awards under the Plan (the '2011 LTPP'). 95.81% of the 2011 LTPP vested on 20 October 2014. In accordance with D.T.R. 3.1.2R, the Executive Directors/PDMRs listed below notified the Company on 30 October 2014 of the acquisition, after the settlement of any tax and national insurance due on the release of the shares, in aggregate, of 1,540,667 Ordinary Shares of 10 pence each in the Company, in London, on 30 October 2014, as follows:

Executive Director/PDMR	Number of shares vested (percentage of issued share capital)	Number of shares acquired following settlement of tax and NI (percentage of issued share capital)
Mark Clare	1,106,401 (0.11%)	585,611 (0.06%)
David Thomas	702,477 (0.07%)	371,816 (0.04%)
Steven Boyes	671,482 (0.07%)	355,412 (0.04%)
Tom Keevil	430,439 (0.04%)	227,828 (0.02%)

The Company confirms that at the date of this announcement, each of the Executive 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	Number of Shares Held (percentage of issued share capital)
Mark Clare	2,203,903 (0.224%)
David Thomas	931,577 (0.095%)
Steven Boyes	978,275 (0.099%)
Tom Keevil	256,123 (0.026%)

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	[phone]
Patrick Law, Group Corporate Affairs Director	[phone]

 

END

 

 

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