State Street Global Advisors has disclosed a 3.19411% interest in Barratt Developments plc, representing 31,129,537 ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, also includes a cash-settled derivative of 0.00025% and a recent sale of 225 ordinary shares at a price of GBP 5.03 per unit. The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure. The disclosure was made on 31st May 2024.
This disclosure provides insight into the significant interest held by State Street Global Advisors in Barratt Developments plc, a leading property development company. It also indicates recent trading activity involving the sale of a small number of ordinary shares. The absence of any indemnity or option arrangements, agreements, or understandings relating to options or derivatives suggests a straightforward and transparent position in the company. This information is important for investors and market analysts to understand the current ownership and trading activities related to Barratt Developments plc.