11:29 Tue 01 Dec 2020
Barratt Developments - Director/PDMR Shareholding
BARRATT DEVELOPMENTS PLC
(the 'Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and persons closely associated ('PCAs') with them
The Company announces that the following share transactions have been undertaken by each of the Executive Directors:
Grant of Awards under the Barratt Developments PLC Long-Term Performance Plan (the 'LTPP')
The Company announces that the following awards were made on
The number of shares over which the awards were granted were calculated based on a per share price of
The awards are subject to the attainment of performance targets based on relative TSR (40%), absolute EPS (20%) and Underlying ROCE (40%) measured over a three-year performance period commencing
Following the above transactions, 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
| Executive Director | Role | Total number of shares under option and/or award |
| | Chief Executive | 901,578 |
| | Chief Operating Officer & Deputy Chief Executive | 725,082 |
| | Chief Financial Officer | 514,659 |
The Notification of Dealing Forms for the above transactions by
Notification of Dealing Form -
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |
| a)
| Name
|
|
| 2 | Reason for the notification
| |
| a)
| Position/status
| 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
ISIN: GB0000811801
|
| b)
| Nature of the transaction
| Grant of a Conditional Award under the Barratt Developments Long-Term Performance Plan
|
| c)
| Price(s) and volume(s)
| 282,004 shares awarded at no cost
|
| d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - Single Transaction
|
| e)
| Date of the transaction
| |
| f)
| Place of the transaction
| Outside a trading venue |
Notification of Dealing Form -
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |
| a)
| Name
|
|
| 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 |
| 4.1
| 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
ISIN: GB0000811801
|
| b)
| Nature of the transaction
| Grant of a Conditional Award under the Barratt Developments Long-Term Performance Plan
|
| c)
| Price(s) and volume(s)
| 223,183 shares awarded at no cost
|
| d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - Single Transaction
|
| e)
| Date of the transaction
| |
| f) | Place of the transaction | Outside a trading venue
|
Notification of Dealing Form -
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |
| a)
| Name
|
|
| 2
| Reason for the notification
| |
| a)
| Position/status
| Chief Financial Officer |
| 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
ISIN: GB0000811801
|
| b)
| Nature of the transaction
| Grant of a Conditional Award under the Barratt Developments Long-Term Performance Plan
|
| c)
| Price(s) and volume(s)
| 157,287 shares awarded at no cost
|
| d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - Single Transaction
|
| e)
| Date of the transaction
| |
| f)
| Place of the transaction
| Outside a trading venue |
This notification is made in accordance with the requirements of the EU Market Abuse Regulation.
For further information, please contact:
Date of Notification:
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