Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.46% stake in Barratt Developments plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes the number of relevant securities owned and/or controlled, which amounts to 23,998,651 shares. Additionally, the disclosure mentions that the position was held on 11 April 2024.
The disclosure also indicates that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Redrow plc. The form also includes details of a sale of 1,632 securities at a price of GBP 4.53 per unit.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, and no 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 Laszlo Benedek, with a provided telephone number for further inquiries. The disclosure emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and that the Panel's Market Surveillance Unit is available for consultation regarding the Code's disclosure requirements.