Franklin Resources, Inc. has released a Form 8.3 disclosure regarding its interests in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, provides key information about the positions of the person making the disclosure, including interests and short positions in the relevant securities of Barratt Developments plc. Franklin Resources, Inc. owns and/or controls 4.58% of the relevant securities, amounting to 44,601,056 10p ordinary shares.
The disclosure also includes details of dealings by Franklin Resources, Inc., such as purchases of 378,629 10p ordinary shares at 4.42 GBP per unit and purchases of ADR (1:2) at 9 shares for 11.17 USD per unit. Additionally, the form outlines other information, including indemnity and other dealing arrangements, which in this case are stated as "none."
The disclosure concludes with contact information for Franklin Resources, Inc. and notes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is also available for consultation in relation to the Code's disclosure requirements.
This Form 8.3 disclosure provides detailed information about Franklin Resources, Inc.'s positions and dealings in relation to Barratt Developments plc, offering transparency and insight into the company's interests in the relevant securities.