4th Oct 2006 11:10
Barratt Developments PLC04 October 2006 SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1. Name of company Barratt Developments PLC 2. Name of director Mr. G.K. Hester 3. Please state whether notification indicates that it is in respect of holdingof the shareholder named in 2 above or in respect of a non-beneficial interestor in the case of an individual holder if it is a holding of that person'sspouse or children under the age of 18 or in respect of a non-beneficialinterest In respect of Director named in (2) above 4. Name of the registered holder(s) and, if more than one holder, the number ofshares held by each of them (if notified) Mr. G.K. Hester 5. Please state whether notification relates to a person(s) connected with thedirector named in 2 above and identify the connected person(s) Not applicable 6. Please state the nature of the transaction. For PEP transactions pleaseindicate whether general/single co PEP and if discretionary/non discretionary On 29th September, 2006 Mr. G.K. Hester exercised share options to purchase60,000 shares and sold on 29th September, 2006 57,000 shares at a price of1072.0907p per share. 3,000 shares have been retained by Mr. Hester to increasehis total shareholding in the company to 67,264 shares. 7. Number of shares / amount of stock acquired 60,000 shares 8. Percentage of issued class 0.025% 9. Number of shares/amount of stock disposed 57,000 shares 10. Percentage of issued class 0.023% 11. Class of security Ordinary Shares 12. Price per share 10p fully paid 13. Date of transaction 29th September, 2006 14. Date company informed 29th September, 2006 15. Total holding following this notification 67,264 shares 16. Total percentage holding of issued class following this notification 0.028% If a director has been granted options by the company please complete thefollowing boxes. 17. Date of grant 109,633 shares @ 545p - 10.10.2003 115,101 shares @ 543p - 08.10.2004 18. Period during which or date on which exercisable 109,633 shares - 7 years ended 10.10.2013 115,101 shares - 7 years ended 08.10.2014 19. Total amount paid (if any) for grant of the option Nil in each case 20. Description of shares or debentures involved: class, number Ordinary Shares of 10p Each Fully Paid 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at time of exercise 109,633 shares @ 545p - 10.10.2003 115,101 shares @ 543p - 08.10.2004 22. Total number of shares or debentures over which options held following thisnotification 224,734 shares 23. Any additional information Mr. Hester continues to hold fully paid up shares in excess of the Group's shareholding guidelines for executivedirectors. Any queries should be directed to Mr. Terry Garrett or Ms. Chris Lynch of Weber Shandwick Square Mile, Tel. No. 0207067 0700 24. Name of contact and telephone number for queries Mr. Laurence Dent 25. Name and signature of authorised company official responsible for makingthis notification Mr. Laurence Dent Date of Notification 4th October, 2006. The FSA does not give any express or implied warranty as to the accuracy of thisdocument or material and does not accept any liability for error or omission.The FSA is not liable for any damages (including, without limitation, damagesfor loss of business or loss of profits) arising in contract, tort or otherwisefrom the use of or inability to use this document, or any material contained init, or from any action or decision taken as a result of using this document orany such material This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Barratt Developments