Schroders PLC, a major investment management company, has disclosed its position in Barratt Developments PLC, a leading residential property development company. As of 12th August 2024, Schroders PLC holds 9,068,446 shares in Barratt Developments PLC, representing 0.930% of the total shares. Additionally, they have cash-settled derivatives amounting to 23,058 shares, which is 0.002% of the total shares.
The disclosure also includes details of recent dealings by Schroders PLC in Barratt Developments PLC's securities. This includes the sale of 57 shares at £13.34 per unit, 126,178 shares at £5.24 per unit, and 15,095 shares at £5.25 per unit. The disclosure provides a comprehensive breakdown of the transactions, including the type of security, nature of dealing, and price per unit.
Furthermore, the disclosure states that Schroders PLC does not have discretion regarding dealing and/or offer acceptance in respect of 49,258 shares that are included in the total above. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides valuable insight into the position and recent dealings of Schroders PLC in Barratt Developments PLC, offering transparency and information to the market and investors.