Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.57% 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 44,495,209 relevant securities of Barratt Developments plc. The disclosure also includes details of the date of the position held and dealings undertaken, which was on 10/07/2024.
In addition to Barratt Developments plc, the disclosure also mentions that the discloser is making disclosures in respect of another party to the offer, Redrow plc. The disclosure further provides information on the nature of the dealings, including the transfer in of discretionary holdings of 10p ordinary shares.
The disclosure also includes details of the person making the disclosure, such as the full name of the discloser, Franklin Resources, Inc., and the contact information for further inquiries.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental form 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.
Overall, the disclosure by Franklin Resources, Inc. provides a comprehensive overview of its position and dealings in Barratt Developments plc, as well as the relevant regulatory information and contact details for further inquiries.