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RNS Number : 9640B
Barratt Developments PLC
07 April 2017
 

BARRATT DEVELOPMENTS PLC

(the 'Company')

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that David Thomas, Chief Executive, has transferred 59,000 Ordinary Shares of 10 pence each to the David Fraser Thomas 2017 Settlement and Janet Thomas, a PCA of David Thomas, has transferred 59,000 Ordinary Shares of 10 pence each to the Janet Thomas 2017 Settlement. The trustees of each of these Settlements are David Thomas and Janet Thomas and the Settlements are PCAs of David Thomas. The shares being transferred will still be included when calculating the total shareholding of David Thomas and his PCAs.
 

Accordingly, the Company confirms that, at the date of this announcement, each of the PDMRs of the Company, including their PCAs, hold the following total number of ordinary shares of 10 pence each in the Company:

 

Director/PDMR

Role

Number of shares

John Allan

Chairman

34,205

David Thomas

Chief Executive

1,459,096

Steven Boyes

Chief Operating Officer and Deputy Chief Executive

1,005,868

Richard Akers

Non-Executive Director

50,000

Tessa Bamford

Non-Executive Director

35,706

Nina Bibby

Non-Executive Director

8,500

Jock Lennox

Non-Executive Director

10,000

 

 

The Notification of Dealing Forms for the above transactions by the Executive Director/PDMR and his PCAs can be found below.

Notification of Dealing Form - David Thomas

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

 

 David Thomas

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

 

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 10 pence

 

 

ISIN: GB0000811801

 

b)

 

Nature of the transaction

 

Transfer for nil consideration of Ordinary Shares to David Fraser Thomas and Janet Thomas as trustees of the David Fraser Thomas 2017 Settlement, a PCA of David Thomas, Chief Executive

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil

 

59,000

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

N/A - Single Transaction

 

 

e

Date of the transaction

7 April 2017

f)

 

Place of the transaction

 

London Stock Exchange - XLON

 

Notification of Dealing Form - PCA of David Thomas

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

 Janet Thomas

2

Reason for the notification

a)

Position/status

PCA of PDMR David Thomas - 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

 

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 10 pence

 

ISIN: GB0000811801

b)

Nature of the transaction

Transfer for nil consideration of Ordinary Shares to Janet Thomas and David Fraser Thomas as trustees of the Janet Thomas 2017 Settlement, a PCA of David Thomas, Chief Executive

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

59,000

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

N/A - Single Transaction

 

e)

Date of the transaction

7 April 2017

f)

Place of the transaction

London Stock Exchange - XLON

 

Notification of Dealing Form - PCA of David Thomas

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Fraser Thomas and Janet Thomas, Trustees of the David Fraser Thomas 2017 Settlement

2

Reason for the notification

a)

Position/status

PCA of PDMR David Thomas - 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

 

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 10 pence

 

ISIN: GB0000811801

b)

Nature of the transaction

Transfer for nil consideration of Ordinary Shares from a PDMR, David Thomas, Chief Executive.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

59,000

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

N/A - Single Transaction

 

e)

Date of the transaction

7 April 2017

f)

Place of the transaction

London Stock Exchange - XLON

 

 

Notification of Dealing Form - PCA of David Thomas

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Janet Thomas and David Fraser Thomas, Trustees of the Janet Thomas 2017 Settlement

2

Reason for the notification

a)

Position/status

PCA of PDMR David Thomas - 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

 

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 10 pence

 

ISIN: GB0000811801

b)

Nature of the transaction

Transfer for nil consideration of Ordinary Shares from Janet Thomas, a PCA of David Thomas, Chief Executive.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

59,000

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

N/A - Single Transaction

 

e)

Date of the transaction

7 April 2017

f)

Place of the transaction

London Stock Exchange - XLON

 

For further information, please contact:

Tina Bains, Company Secretary              01530 278278


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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