BARRATT REDROW PLC
(the 'Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Lapse of options under the Barratt Redrow Savings-Related Share Option Scheme (the 'SAYE')
The following SAYE options over ordinary shares of 10 pence each in the Company awarded to David Thomas, Chief Executive Officer of the Company, and Steven Boyes, Chief Operating Officer and Deputy Chief Executive of the Company, lapsed on 1 January 2025:
| Name | Grant date | Number of options | Option price | Exercise period |
| David Thomas | 9 April 2019 | 2,890 | £5.19 | 1 July 2024 to 1 January 2025 |
| Steven Boyes | 7 April 2021 | 1,490 | £6.04 | 1 July 2024 to 1 January 2025 |
Following the lapse of these options, the Company confirms that at the date of this announcement, each of the Executive Directors of the Company, and the persons closely associated with them, holds the following total number of options and awards over Ordinary Shares of 10 pence each in the Company:
|
| Role | Total number of shares under option and/or award |
| David Thomas | Chief Executive | 1,211,702 |
| Steven Boyes | Chief Operating Officer & Deputy Chief Executive | 981,524 |
| Mike Scott | Chief Financial Officer | 692,223 |
| Matthew Pratt | Redrow Chief Executive & Executive Director | 287,805 |
Notification of Dealing Form for Mr 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 Redrow 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 10p
ISIN: GB0000811801
|
| b)
| Nature of the transaction
| Lapse of options under the Barratt Redrow Savings-Related Share Option Scheme |
| c)
| Price(s) and volume(s)
| Lapse of options over 2,890 shares at an exercise price of £5.19 per share
|
| d) | Aggregated information
- Aggregated volume
- Price
|
N/A - Single Transaction
|
| e) | Date of the transaction | 1 January 2025 |
| f) | Place of transaction | Outside a Trading Venue |
Notification of Dealing Form for Mr Steven Boyes:
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |
| a) | Name
| Steven Boyes |
| 2
| Reason for the notification
| |
| a) | Position/status
| Chief Operating Officer and Deputy 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 Redrow 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 10p
ISIN: GB0000811801
|
| b)
| Nature of the transaction
| Lapse of options under the Barratt Redrow Savings-Related Share Option Scheme |
| c)
| Price(s) and volume(s)
| Lapse of options over 1,490 shares at an exercise price of £6.04 per share
|
| d) | Aggregated information
- Aggregated volume
- Price
|
N/A - Single Transaction
|
| e) | Date of the transaction | 1 January 2025 |
| f) | Place of transaction | Outside a Trading Venue |
This notification is made in accordance with the requirements of the UK Market Abuse Regulation.
For further information, please contact:
Katie Lewis, Deputy Company Secretary 07960858932
Date of Notification: 02 January 2025
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