BlackRock Group has disclosed a position in Barratt Developments plc, representing 9.20% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that BlackRock, Inc. owns 89,744,239 relevant securities and has cash-settled derivatives amounting to 9,619,341 relevant securities. Additionally, the disclosure includes details of purchases and sales of 10p ordinary shares, as well as cash-settled derivative transactions.
The disclosure also reveals that BlackRock, Inc. has reduced long positions and increased short positions through cash-settled derivative transactions. Furthermore, it includes the transfer of shares and ADRs. The disclosure does not contain any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into BlackRock Group's significant position in Barratt Developments plc and its recent dealings with the company's securities, offering valuable information to investors and market analysts.