Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.46% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership and control of 43,455,418 relevant securities. The disclosure also indicates purchases of 10p ordinary shares at prices of 4.73 GBP and 4.75 GBP per unit, as well as ADR purchases at 12.07 USD. Additionally, there were transfers out of discretionary holdings for ADR shares.
The disclosure does not include any indemnity or option arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure. The contact person for the disclosure is Cathy Johnson, and the disclosure was made on 5th April 2024.
This disclosure provides insight into Franklin Resources, Inc.'s significant position in Barratt Developments plc and its recent dealings with the company's securities. It offers transparency regarding the ownership and control of relevant securities, as well as the nature of the transactions undertaken.