Geode Capital Management LLC has disclosed its position in Barratt Developments plc, representing 1.18% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Geode Capital Management LLC owns and/or controls 11,476,606 relevant securities of Barratt Developments plc. The disclosure also includes details of purchases made, with 16,638 securities purchased at a price of £4.60 per unit on May 2, 2024.
The disclosure also mentions that Geode Capital Management LLC is making disclosures in respect of another party to the offer, Redrow plc. The form does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
The disclosure provides a comprehensive overview of Geode Capital Management LLC's position in Barratt Developments plc, offering insights into the ownership and control of relevant securities, as well as recent dealings. This information is crucial for investors and market participants to understand the current landscape of ownership and interests in Barratt Developments plc.