11th Dec 2009 17:45
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
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1. |
Name of the issuer Barratt Developments PLC |
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2. |
State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). This notification relates to a transaction notified in accordance with DTR 3.1.2R
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3. |
Name of person discharging managerial responsibilities/director Mark Clare David Thomas Steven Boyes Clive Fenton Laurence Dent |
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4. |
State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A |
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5. |
Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest This notification is made in respect of a holding of persons referred to in 3 above |
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6. |
Description of shares (including class), debentures or derivatives or financial instruments relating to shares Ordinary 10p Shares |
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7. |
Name of registered shareholders(s) and, if more than one, the number of shares held by each of them N/A |
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8. |
State the nature of the transaction Grant of options to each of the individuals listed in 3 above |
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9. |
Number of shares, debentures or financial instruments relating to shares acquired N/A |
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10. |
Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) N/A |
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11. |
Number of shares, debentures or financial instruments relating to shares disposed N/A |
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12. |
Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A |
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13. |
Price per share or value of transaction N/A |
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14. |
Date and place of transaction 10 December 2009 London |
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15. |
Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
N/A |
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16. |
Date issuer informed of transaction 10 December 2009 |
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If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes |
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17. |
Date of grant 10 December 2009 |
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18. |
Period during which or date on which exercisable 10 December 2012 - 9 December 2019 - subject to the attainment of a performance target based on relative TSR (50%) and EPS growth (50%) |
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19. |
Total amount paid (if any) for grant of the option None |
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20. |
Description of shares or debentures involved (class and number) Ordinary shares of 10 pence each |
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21. |
Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise Mark Clare - 1,013,263 @ £1.2139 per share David Thomas - 25,458 @ £1.17484 per share - 634,319 @ £1.2139 per share Steven Boyes - 551,940 @ £1.2139 per share Clive Fenton - 551,940 @ £1.2139 per share Laurence Dent - 403,657 @ £1.2139 per share |
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22. |
Total number of shares or debentures over which options held following notification Mark Clare - 2,630,920 David Thomas - 1,326,443 Steven Boyes - 1,611,833 Clive Fenton - 1,457,936 Laurence Dent - 1,080,905 |
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23. |
Any additional information |
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24. |
Name of contact and telephone number for queries LAURENCE DENT 01530 278 278 |
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Name of authorised official of issuer responsible for making notification LAURENCE DENT Date of notification: 11 December 2009 |
Related Shares:
Barratt Developments