Schroders PLC has disclosed a public opening position in Barratt Developments PLC, representing 1% or more of relevant securities. As of the latest practicable date prior to the disclosure, Schroders PLC owns and/or controls 9,352,944 shares, which accounts for 0.960% of the relevant securities. Additionally, they hold 23,698 cash-settled derivatives, amounting to 0.002% of the relevant securities. Schroders PLC has also made a sale of 22,162 10p Ordinary shares at a price of 5.02163221GBP per unit.
The disclosure also 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 above. Furthermore, the disclosure indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into Schroders PLC's significant position in Barratt Developments PLC and their recent dealings with the relevant securities. It offers transparency regarding their ownership and control of shares and cash-settled derivatives, as well as their recent sale of 10p Ordinary shares.