Marathon Asset Management Limited has disclosed its position in Barratt Developments plc, representing 1.14% of the company's ordinary shares. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that Marathon Asset Management Limited owns and/or controls 11,140,331 relevant securities of Barratt Developments plc. The disclosure also includes details of recent dealings, such as the sale of 1,532 ordinary shares at a price of 4.7780 per unit.
The disclosure further outlines that Marathon Asset Management Limited does not have discretion regarding voting decisions in respect of 1,432,459 shares that are included in the total disclosed. Additionally, the document states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives to be disclosed.
The disclosure was made on 2nd July 2024, and the contact person for the disclosure is Christopher Bogg, who can be reached at 0207 497 2211. No supplemental form or attachments were included in the disclosure. This public disclosure is in compliance with Rule 8 of the Code and has been made to a Regulatory Information Service.