Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.46% 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 24,014,965 relevant securities of Barratt Developments plc. The disclosure also includes details of recent dealings, with purchases and sales of Barratt Developments plc's securities. Additionally, the disclosure mentions that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure provides a breakdown of the interests and short positions in the relevant securities of Barratt Developments plc, as well as details of any open stock-settled derivative positions. It also includes information about cash-settled derivative transactions and stock-settled derivative transactions, such as writing, purchasing, selling, and exercising options. Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure, dated 03 April 2024, is made in accordance with the regulatory requirements and provides comprehensive information about Legal & General Investment Management (Holdings) Ltd.'s stake and dealings in Barratt Developments plc. The contact name and telephone number for further inquiries are also provided in the disclosure.