BlackRock, Inc. has disclosed a 11.71% stake in Barratt Developments plc, as of April 3, 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. BlackRock, Inc. owns 100,605,883 relevant securities and has cash-settled derivatives amounting to 13,612,309 relevant securities. Additionally, the company has made purchases and sales of 10p ordinary shares, with 6,061 shares purchased and 826 shares sold. Furthermore, BlackRock, Inc. has reduced both long and short positions in cash-settled derivative transactions. The company has also conducted other dealings, including the transfer in and out of shares.
The disclosure also includes information on the nature of the dealings, such as subscription, conversion, and transfer of shares, along with the price per unit. BlackRock, Inc. has stated that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made by Jana Blumenstein, with the contact number +44 20 7743 3650. No supplemental form was attached to the disclosure.