Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.38% stake in Barratt Developments plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes the number of relevant securities owned and/or controlled, which amounts to 23,214,789 shares. Additionally, the disclosure mentions dealings in the relevant securities, including the purchase and sale of shares. The purchases and sales were made at prices of GBP 4.852024 and GBP 4.821964 per unit, respectively.
The disclosure also indicates that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Redrow plc. The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form for open positions is attached to the disclosure.
The disclosure was made on 4th July 2024, and the contact person for the disclosure is James Brown, with a provided telephone number for further inquiries. This public disclosure under Rule 8 of the Code was made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation regarding the Code's disclosure requirements.