Barratt Developments PLC has announced the grant of awards under its Long-Term Performance Plan (LTPP) to its Executive Directors. The awards were granted to David Thomas, Chief Executive, Steven Boyes, Chief Operating Officer & Deputy Chief Executive, and Mike Scott, Chief Financial Officer. The number of shares granted to each director was based on a price of £4.2748 per share, calculated as the average of the closing prices over a three-month period. The awards are subject to performance targets based on TSR, Adjusted EPS, Underlying ROCE, and reduction of Greenhouse Gas Emissions, measured over a three-year performance period starting from July 1, 2023. The financial targets will be determined and communicated by the Remuneration Committee by the end of March 2024. The awards are also subject to a two-year holding period starting from October 19, 2026, and no shares will be released until any tax and national insurance contributions have been settled. The shares will accrue a dividend equivalent between the grant date and the vesting date. Following these transactions, each of the Executive Directors now holds a total number of options and awards over Ordinary Shares in the company.