Schroders PLC has disclosed a position in Barratt Developments PLC, representing 0.962% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership and control of 9,375,106 shares and cash-settled derivatives of 23,698 shares. Additionally, the disclosure details the purchase of 30,579 and 49,258 ordinary shares at prices of 4.972 GBP and 4.95099180 GBP, respectively.
The disclosure also states that Schroders PLC does not have discretion regarding dealing and/or offer acceptance/voting decisions in respect of 49,258 shares that are included in the total above. Furthermore, the disclosure indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into Schroders PLC's position in Barratt Developments PLC and its recent dealings with the company's securities, offering transparency in line with regulatory requirements.