BARRATT REDROW PLC
(the 'Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Grant of options under the Company's Savings-Related Share Option Scheme (the 'SAYE')
The Company announces that, following the issue of an invitation to all employees with a minimum of one month's service to participate in the Company's HMRC approved SAYE, Mike Scott, Chief Financial Officer of the Company has been granted options over ordinary shares of 10 pence each in the Company under the SAYE on 16 April 2025 as follows:
| Number of options |
Option price |
Exercise period |
|
| Mike Scott |
5,380 |
£3.42 |
1 July 2028 to 31 December 2028 |
Following the above transaction, the Company confirms that at the date of this announcement, each of the Executive Directors of the Company, and their persons closely associated, holds the following total number of options and awards over Ordinary Shares of 10 pence each in the Company:
| Executive Director |
Role |
Total number of shares under option and/or award |
| David Thomas |
Chief Executive |
1,211,702 |
| Steven Boyes |
Chief Operating Officer and Deputy Chief Executive |
981,524 |
| Mike Scott |
Chief Financial Officer |
697,603 |
| Matthew Pratt |
Redrow Chief Executive & Executive Director |
287,805 |
Notification of Dealing Form for Mr Mike Scott:
| 1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
| a) |
Name |
Mike Scott |
| 2 |
Reason for the notification |
|
| a) |
Position/status |
Chief Financial Officer |
| 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 |
Grant of Options under the Company's Savings-Related Share Option Scheme |
| c) |
Price(s) and volume(s) |
Options awarded over 5,380 shares at an option price of £3.42 per share |
| d) |
Aggregated information - Aggregated volume - Price |
N/A - Single Transaction |
| e) |
Date of the transaction |
16 April 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:
Tina Bains, Company Secretary 07469 054476
Date of Notification: 16 April 2025