Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.34% 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 interests and short positions in the relevant securities of Barratt Developments plc. Legal & General Investment Management (Holdings) Ltd. revealed that they own and/or control 22,876,780 relevant securities, representing 2.34% of the total. The disclosure also mentions that there have been purchases of 8,533 securities at a price of GBP 5.266 per unit.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure. The disclosure was made on 1st August 2024, and the contact person for any further information is James Brown, with a telephone number provided.
This disclosure provides insight into the significant stake held by Legal & General Investment Management (Holdings) Ltd. in Barratt Developments plc, offering transparency to the market and investors regarding the ownership and dealing of relevant securities.