18th Jun 2007 10:08
Barratt Developments PLC18 June 2007 BARRATT DEVELOPMENTS PLC: DISPOSAL OF SHARES FROM EMPLOYEE BENEFIT TRUST Barratt Developments PLC announce the disposal of shares held in the BarrattDevelopments Employee Benefit Trust of which the following directors arepotential beneficiaries: Mr M S Clare Mr S J Boyes Mr C Fenton Mr M A Pain Barratt Developments PLC were informed on the 15th June 2007 that on the 15thJune 2007 Halifax EES Trustees International Limited, as trustee of BarrattDevelopments Employee Benefit Trust ("the trust"), disposed of 3,150 OrdinaryShares in the Company at a price of 1076p per share in satisfaction of optionsmade under Barratt Developments Employee Share Option Plan. The Trust is a discretionary trust of which all employees, including executivedirectors, of the Company and its subsidiaries are potential beneficiaries.Each of the executive directors of the Company is, therefore, interested in theshares held in the Trust from time to time in the same way as other employees ofthe Group and ceases to be so interested when the Trust disposes of shares. This notification is being given pursuant to Section 329 of the Companies Act1985 (as amended). Any queries should be directed to: Contact Name: Mr Laurence Dent (Company Secretary) Contact Telephone: 0191 227 2000 Notification Date: 18th June 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Barratt Developments