State Street Global Advisors has disclosed a 3.20355% interest in Barratt Developments plc, representing 31,221,562 ordinary shares. The disclosure, made on 21st May 2024, also includes details of purchases and sales of Barratt Developments plc's 10p ordinary shares. The purchases and sales were made at prices ranging from GBP 5.104 to GBP 5.154001 per unit. The disclosure also indicates ownership of 2,430 cash-settled derivatives, representing 0.00025% of the total interest.
The disclosure is in compliance with Rule 8.3 of the Takeover Code, which requires public disclosure of positions and dealings by a person with interests in relevant securities representing 1% or more. State Street Global Advisors has also confirmed that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides transparency regarding State Street Global Advisors' position in Barratt Developments plc and its recent dealings with the company's securities. This information is crucial for investors and market participants to understand the ownership and trading activities of significant stakeholders in Barratt Developments plc.