Director Shareholding
02 Décembre 2003 - 12:54PM
UK Regulatory
RNS Number:7421S
Barratt Developments PLC
02 December 2003
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS
1. Name of company
Barratt Developments PLC
2. Name of director
Mr. G.K. Hester
3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
In respect of Director named in (2) above
4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
Mr. G.K. Hester
5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)
Not applicable
6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
On 2nd December, 2003 Mr. G.K. Hester exercised options to purchase 30,000 shares at 275p per share and sold on 2nd
December, 2003 17,400 shares at a price of 493.0278p per share
7. Number of shares / amount of stock acquired
30,000 shares
8. Percentage of issued class
0.012%
9. Number of shares/amount of stock disposed
17,400 shares
10. Percentage of issued class
0.007%
11. Class of security
Ordinary Shares
12. Price per share
10p Fully Paid
13. Date of transaction
2nd December, 2003
14. Date company informed
2nd December, 2003
15. Total holding following this notification
44,264 shares
16. Total percentage holding of issued class following this notification
0.018%
If a director has been granted options by the company please complete the
following boxes.
17. Date of grant
140,000 shares at 273p - 27.10.2000
120,000 shares at 330p - 01.11.2001
120,000 shares at 435p - 22.10.2002
18. Period during which or date on which exercisable
140,000 share - 7 years ended 27.10.2010
120,000 shares - 7 years ended 01.11.2011
120,000 shares - 7 years ended 22.10.2012
19. Total amount paid (if any) for grant of the option
Nil in each case
20. Description of shares or debentures involved: class, number
Ordinary Shares of 10p Each Fully Paid
21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
140,000 shares at 273p - 27.10.2000
120,000 shares at 330p - 01.11.2001
120,000 shares at 435p - 22.10.2002
22. Total number of shares or debentures over which options held following this
notification
380,000 shares
23. Any additional information
The options are being exercised by Mr. Hester in order to meet Executive Director shareholder guidelines which have
recently been set by the Board.
24. Name of contact and telephone number for queries
Mr. Laurence Dent - Tel. No. 0191 286 6811
25. Name and signature of authorised company official responsible for making
this notification
Mr. Laurence Dent
Date of Notification
2nd December, 2003
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END
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