BlackRock, Inc. has disclosed a 11.68% stake in Barratt Developments plc, as of 17th April 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. BlackRock, Inc. owns 100,637,632 relevant securities and has cash-settled derivatives of 13,207,647 relevant securities. Additionally, they have made purchases and sales of 10p ordinary shares, with 869 shares purchased and 740 shares sold at a price of GBP 4.4600 per unit.
The disclosure also includes details of cash-settled derivative transactions, stock-settled derivative transactions, and other dealings, such as the transfer in of ADR's and transfer out of shares. BlackRock, Inc. has stated that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into BlackRock, Inc.'s significant stake in Barratt Developments plc and their recent dealings with the company's securities. It offers transparency into the ownership and trading activities of a major shareholder, which can be of interest to investors and market analysts.