Barratt Redrow Announces Director Shareholding Changes
Why we think this is neutral
The RNS announcement is a routine notification of director and PDMR shareholding changes, which does not contain any significant business updates or financial information. As such, the news is considered neutral and unlikely to have a material impact on the company's performance or share price.
Key Points
- Vesting of awards under the Barratt Redrow plc Employee Long Term Incentive Plan
- Details of shares sold to cover tax and national insurance liabilities, and shares retained by PDMRs
- Update on total number of shares held by directors and their closely associated persons
Summary
Barratt Redrow plc has announced changes to the shareholdings of its executive directors and other persons discharging managerial responsibilities (PDMRs). The notification details the vesting of awards under the company's Employee Long Term Incentive Plan, including the number of shares sold to cover tax and national insurance liabilities, and the number of shares retained by the PDMRs. The company has also provided an update on the total number of shares held by the directors and their closely associated persons.