The Vanguard Group, Inc. has disclosed a 4.90% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that The Vanguard Group, Inc. owns and/or controls 47,765,504 10p ordinary shares of Barratt Developments plc. The disclosure also includes details of a recent purchase of 1,329 10p ordinary shares at a price of 4.87 GBP per unit.
The disclosure does not include any cash-settled derivative transactions or stock-settled derivative transactions. Additionally, there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives disclosed in relation to this holding.
The disclosure provides transparency regarding The Vanguard Group, Inc.'s significant stake in Barratt Developments plc, offering valuable insights into the ownership and control of relevant securities. This information is crucial for investors, analysts, and other stakeholders in understanding the ownership landscape and potential influences within the company.