Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.47% stake in Barratt Developments plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes details of the relevant securities owned and/or controlled, as well as any dealings by the person making the disclosure. The disclosure also mentions that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party, Redrow plc.
The disclosure indicates that Legal & General Investment Management (Holdings) Ltd. owns and/or controls 24,108,254 relevant securities of Barratt Developments plc, representing 2.47% of the total. Additionally, it details a sale of 7,914 securities at a price of GBP 4.575876 per unit.
The disclosure also includes information about the nature of the dealings, such as purchases and sales, as well as details of any indemnity or option arrangements. It further states that there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure was made on 30th April 2024, and the contact person for the disclosure is Laszlo Benedek, with a provided telephone number for further inquiries. The disclosure was made to a Regulatory Information Service, in compliance with Rule 8 of the Code.
This disclosure provides insight into the significant stake held by Legal & General Investment Management (Holdings) Ltd. in Barratt Developments plc, as well as the details of their recent dealings and positions in the company's securities.