FMR LLC and FIL Limited, along with their subsidiaries, have disclosed their ownership of 8.82% of the relevant securities of Barratt Developments PLC. The disclosure, made under Rule 8.3 of the Takeover Code, includes the purchase of a significant number of 10p ordinary shares of Barratt Developments PLC. The disclosed purchases include 300,162 shares at 4.81 GBP/Share, 652,731 shares at 4.83 GBP/Share, and 105,000 shares at 4.82 GBP/Share, as well as a small purchase of 6 shares at 12.14 USD/Share.
The disclosure also indicates that there are no indemnity or option arrangements, agreements, or understandings relating to relevant securities, and no supplemental form is attached to the disclosure. The disclosure was made on 3rd July 2024, and the contact person for the disclosure is Ada Coffey, with a provided telephone number for further inquiries.
This disclosure provides insight into the significant ownership and recent purchases of Barratt Developments PLC's securities by FMR LLC and FIL Limited, shedding light on their increased stake in the company.