Marathon Asset Management Limited has disclosed a 1.24% stake in Barratt Developments plc, as of 21st March 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. Marathon Asset Management Limited owns and/or controls 12,043,058 ordinary shares of Barratt Developments plc. The disclosure also mentions that Marathon Asset Management Limited does not have discretion regarding voting decisions in respect of 1,477,835 shares that are included in the total above.

The disclosure further details that there have been sales of 1,185 ordinary shares at a price of 4.7466 per unit. Additionally, it states that there have been no cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, including subscribing for new securities. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.

The disclosure does not include a Supplemental Form 8 (Open Positions) and was made on 22nd March 2024. For any public disclosures under Rule 8 of the Code, it must be made to a Regulatory Information Service, and the Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements.