Marathon Asset Management Limited has disclosed its position in Barratt Developments plc, representing 1.17% of the company's ordinary shares. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes details of the relevant securities owned and controlled by Marathon Asset Management Limited. The disclosure also outlines the absence of any indemnity or other dealing arrangements and agreements, arrangements, or understandings relating to options or derivatives.
The disclosure specifies that Marathon Asset Management Limited does not have discretion regarding voting decisions in respect of 1,454,358 shares that are included in the total disclosed. Additionally, it details the purchases and sales of ordinary shares, including the number of securities and price per unit. The disclosure also covers cash-settled derivative transactions and stock-settled derivative transactions, including options.
The information provided in the disclosure is in compliance with the regulatory requirements, and no supplemental form is attached. The disclosure was made on 30 May 2024, and the contact person for any further inquiries is Christopher Bogg, reachable at 0207 497 2211.