The news released on 30th May 2024 by Dimensional Fund Advisors Ltd. pertains to their disclosure of a 1.38% interest in Barratt Developments PLC's ordinary shares. The disclosure is made in accordance with Rule 8.3 of the Takeover Code. Dimensional Fund Advisors Ltd. and its affiliates, as investment advisors, have disclaimed beneficial ownership of the shares described in the form 8.3. The disclosure includes details of the relevant securities owned and/or controlled, which amount to 13,419,335 shares.
Additionally, the disclosure mentions that Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 173,639 shares that are included in the total above. The form also includes details of purchases and sales of Barratt Developments PLC's ordinary shares, with 63,064 shares purchased at 5.0012 GBP per unit and 5,730 shares sold at 4.9550 GBP per unit. Furthermore, there was a transfer in of 264 shares of 10p ordinary.
The disclosure also outlines that there were no cash-settled derivative transactions or stock-settled derivative transactions, including options. It further states that there were no other dealings, including subscribing for new securities. The form concludes with a statement that there are no indemnity or other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives.
In summary, the disclosure by Dimensional Fund Advisors Ltd. provides detailed information about their 1.38% interest in Barratt Developments PLC's ordinary shares, including the number of shares owned and/or controlled, as well as details of purchases, sales, and other relevant transactions. The form also includes disclaimers and statements regarding voting decisions, derivative transactions, and other dealing arrangements.