BlackRock, Inc. has disclosed a position in Barratt Developments plc, representing 9.52% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of interests and short positions in the relevant securities. BlackRock, Inc. holds 92,826,377 relevant securities and 20,653,023 cash-settled derivatives, totaling 113,479,400 relevant securities. Additionally, the disclosure includes details of recent dealings, including purchases and sales of 10p ordinary shares, as well as cash-settled derivative transactions.
The disclosure also outlines that BlackRock, Inc. has not entered into any indemnity or option arrangements, agreements, or understandings relating to options or derivatives. Furthermore, no supplemental form for open positions is attached to the disclosure. The disclosure was made on 20 June 2024, and the contact person for the disclosure is Jana Blumenstein, with a provided telephone number for further inquiries.
This disclosure provides insight into BlackRock, Inc.'s significant position in Barratt Developments plc and their recent dealings with the company's securities, offering transparency to the market and stakeholders.