The Vanguard Group, Inc. has disclosed its position in Barratt Developments plc, representing 4.90% of the relevant securities, totaling 47,729,450 shares. The disclosure includes the purchase of 31,371 10p ordinary shares at a price of 4.82 GBP per unit. The disclosure also indicates that The Vanguard Group, Inc. has not entered into any indemnity or option arrangements, agreements, or understandings relating to relevant securities. Additionally, no supplemental form is attached to the disclosure.
The Vanguard Group, Inc. has made this disclosure in accordance with Rule 8.3 of the Takeover Code, which requires the disclosure of any interests in relevant securities representing 1% or more. The disclosure provides transparency about the ownership and control of interests and short positions in Barratt Developments plc. The Vanguard Group, Inc. has also indicated that it is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure provides essential information about the ownership and control of relevant securities, including the number and percentage of securities owned and/or controlled, as well as any dealings undertaken. It also ensures compliance with the regulatory requirements for public disclosures under Rule 8 of the Code.
The Vanguard Group, Inc. has provided contact information for further consultation, as required by the regulatory disclosure requirements. This comprehensive disclosure serves to inform the market and relevant stakeholders about the ownership and control of relevant securities in Barratt Developments plc by The Vanguard Group, Inc.