Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, as per Rule 8.3 of the Takeover Code. The disclosure, dated 28th May 2024, reveals that Franklin Resources, Inc. owns and/or controls 4.59% of the 10p ordinary shares of Barratt Developments plc, amounting to 44,746,721 securities. The disclosure also includes details of purchases and sales of the relevant securities, with 11,976 securities purchased at a price of 5.09 GBP per unit.
Additionally, the disclosure mentions cash-settled derivative transactions and stock-settled derivative transactions, including options. It also includes details of other dealings, such as the transfer out and transfer in of discretionary holdings. The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with the Code's disclosure requirements and has been made to a Regulatory Information Service. For any further consultation in relation to the Code's disclosure requirements, the Panel's Market Surveillance Unit is available at +44 (0)20 7638 0129. The contact person for the disclosure is Cathy Johnson, who can be reached at 954-527-7580 or [email protected].