Schroders PLC has disclosed a position in Barratt Developments PLC, representing 0.960% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes 9,352,944 relevant securities owned and/or controlled by Schroders PLC. Additionally, there are 23,058 cash-settled derivatives. The disclosure also mentions that Schroders PLC does not have discretion regarding dealing and/or offer acceptance/voting decisions in respect of 49,258 shares that are included in the total above.
The disclosure further details the dealings by Schroders PLC, including the purchase of call options for 11,529 securities at a price of 0.02969989 GBP per unit. The disclosure also includes information about cash-settled derivative transactions and stock-settled derivative transactions.
The disclosure concludes with information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 24th July 2024 by Indea Lashley-Patel on behalf of Schroders PLC.