Barratt Developments PLC has announced the grant of options under the Barratt Developments Savings-Related Share Option Scheme (SAYE) to its Chief Executive, David Thomas, and a person closely associated with the Chief Operating Officer and Deputy Chief Executive, Steven Boyes. Each was granted options over 2,434 ordinary shares at an exercise price of £3.81 per share. The exercise period for these options is from 1 July 2027 to 31 December 2027.
As of the date of the announcement, the Executive Directors of the Company and their persons closely associated hold a total number of options and awards over Ordinary Shares of 10 pence each in the Company. David Thomas, the Chief Executive, holds 1,071,607 shares under option and/or award, while Steven Boyes, the Chief Operating Officer and Deputy Chief Executive, holds 867,002 shares. The Chief Financial Officer, Mike Scott, holds 551,789 shares.
The notification of dealing form for David Thomas and the person closely associated with Steven Boyes, Charles Boyes, provides details of the transactions, including the nature of the transaction, the price and volume of the options awarded, the date of the transaction, and the place of the transaction, which was outside a trading venue.
This notification is made in accordance with the requirements of the UK Market Abuse Regulation. For further information, the Company Secretary, Tina Bains, can be contacted at 01530 278278.