Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.40% stake in Barratt Developments plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes the full name of the discloser, the date of the position held, and the number and percentage of relevant securities owned and/or controlled. Legal & General Investment Management (Holdings) Ltd. also stated that it is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure indicates that Legal & General Investment Management (Holdings) Ltd. holds 23,420,173 relevant securities of Barratt Developments plc, representing 2.40% of the total. The disclosure also includes details of purchases and sales of relevant securities, including the number of securities and the price per unit.
Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental form is attached to the disclosure.
The contact person for the disclosure is James Brown, with a provided telephone number for further inquiries. The disclosure was made on 23 May 2024, and it is noted that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, with the Panel's Market Surveillance Unit available for consultation in relation to the Code's disclosure requirements.