Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.47% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Legal & General Investment Management (Holdings) Ltd. owns and/or controls 24,116,168 relevant securities of Barratt Developments plc. The disclosure also includes details of recent dealings, such as the purchase of 1,000 securities at GBP 4.552369 per unit and the sale of 7,914 securities at GBP 4.553514 per unit.
The disclosure further states that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Redrow plc. Additionally, the disclosure mentions that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides comprehensive information about Legal & General Investment Management (Holdings) Ltd.'s interests and short positions in Barratt Developments plc, as well as recent dealings. It offers transparency regarding the ownership and control of relevant securities, in compliance with the regulatory requirements of the Takeover Code.