BARRATT DEVELOPMENTS PLC has announced that on 31 December 2023, Steven Boyes and persons closely associated with him exercised their 2020 3 Year Sharesave options under the Company's Savings-Related Share Option Scheme, acquiring 3,946 ordinary shares of 10 pence each at an exercise price of £4.56 per share. On 15 January 2024, they acquired the same number of ordinary shares pursuant to the option exercises. As of the date of the announcement, each of the Directors and their persons closely associated holds a total number of options and awards over ordinary shares in the Company.

David Thomas, the Chief Executive, holds 1,069,173 shares under option and/or award, while Steven Boyes, the Chief Operating Officer & Deputy Chief Executive, holds 864,568 shares, and Mike Scott, the Chief Financial Officer, holds 551,789 shares. Additionally, each of the Directors and their persons closely associated holds a certain number of ordinary shares in the Company.

Caroline Silver, the Chair, holds 10,000 shares, David Thomas holds 1,326,830 shares, Steven Boyes holds 728,082 shares, Mike Scott holds 69,620 shares, Katie Bickerstaffe, a Non-Executive Director, holds 8,489 shares, Jock Lennox, a Non-Executive Director, holds 10,000 shares, Jasi Halai, a Non-Executive Director, holds 12,581 shares, and Nigel Webb, a Non-Executive Director, holds 12,660 shares.

The notification also includes details of the transactions, including the nature of the transaction, price, volume, date, and place of the transaction. The transactions were conducted outside a trading venue and on the XLON platform. The notification also includes details of the transactions for persons closely associated with Steven Boyes.

This announcement provides insight into the exercise of options and acquisition of shares by the Company's Directors and persons closely associated with them, shedding light on their shareholding within the organization.