Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.58% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Franklin Resources, Inc. owns and/or controls 44,594,216 relevant securities of Barratt Developments plc. The disclosure also includes details of a sale of 3,306 securities at a price of 11.19 USD per unit.
The disclosure further states that Franklin Resources, Inc. has no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
For any public disclosures under Rule 8 of the Code, it is noted that they must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.