Geode Capital Management, LLC has disclosed its position in Barratt Developments plc, representing 1.04% of the company's 10p ordinary shares. The disclosure, made on May 31, 2024, includes the purchase of 14,779 securities at a price of £5.03 per unit. The disclosure also indicates that Geode Capital Management, LLC is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure provides detailed information about the interests and short positions in the relevant securities of Barratt Developments plc, as well as any dealings by Geode Capital Management, LLC. It also includes information about indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives, and whether a Supplemental Form 8 (Open Positions) is attached.
The disclosure is in compliance with Rule 8.3 of the Takeover Code and provides transparency about Geode Capital Management, LLC's position and dealings in relation to Barratt Developments plc. This information is important for investors and market participants to understand the ownership and trading activities of significant shareholders in the company.