The news released on 11th April 2024 by Dimensional Fund Advisors Ltd. pertains to their disclosure of a 1.26% interest in Barratt Developments PLC's ordinary shares. The disclosure is made in accordance with Rule 8.3 of the Takeover Code. Dimensional Fund Advisors Ltd. explicitly disclaims beneficial ownership of the shares described in the form 8.3. The disclosure includes details of the relevant securities owned and/or controlled, which amount to 12,266,102 shares, representing 1.26% of the total. It is noted that Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 130,080 shares that are included in the total above.
The disclosure also includes information about dealings, specifically the purchase of 8,564 securities at a price of 4.5590 GBP per unit. Additionally, there was a transfer in of 6,381 shares of 10p ordinary. The form also mentions that there were no cash-settled derivative transactions or stock-settled derivative transactions, including options. Furthermore, there were no other dealings, such as subscribing for new securities.
The disclosure concludes with a statement that there are no indemnity or other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives. It's important to note that the disclosure is made in compliance with the regulatory requirements and provides transparency about Dimensional Fund Advisors Ltd.'s interests and dealings in Barratt Developments PLC's ordinary shares.