Schroders PLC has disclosed a position in Barratt Developments PLC, representing 0.959% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes 9,346,939 relevant securities owned and/or controlled by Schroders PLC. Additionally, there are 23,058 cash-settled derivatives, amounting to 0.002% of the relevant securities.
The disclosure also includes details of recent dealings by Schroders PLC, including the sale of 6,005 10p Ordinary securities at a price of 5.34 GBP per unit. The disclosure further states 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 disclosed.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
The disclosure was made on 2nd August 2024, and the contact person for the disclosure is Ajibola Olagunju, with a telephone number of +442076582483. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.