Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.47% stake in Barratt Developments plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes details of the relevant securities owned and/or controlled, as well as any dealings undertaken. Legal & General Investment Management (Holdings) Ltd. also disclosed dealings in Barratt Developments plc's securities, including the purchase of 1,816 securities at a price of GBP 4.928 per unit.
The disclosure also indicates that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Redrow plc. The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.
The disclosure provides key information about Legal & General Investment Management (Holdings) Ltd.'s interests and short positions in Barratt Developments plc, as well as the dealings undertaken. It offers transparency regarding the ownership and control of relevant securities, in compliance with regulatory requirements.