Royal Bank of Canada's asset management arm, RBC Global Asset Management Inc., has disclosed a 2.8536% interest in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that RBC holds 27,810,534 relevant securities of Barratt Developments plc as of 20/06/2024. The disclosure also includes details of recent dealings, such as purchases of UNSPADR REP 10 ORD and ORD 10P securities at specific prices per unit.
The disclosure further indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The contact person for the disclosure is Michael Taylor, with a provided telephone number for further inquiries.
This disclosure provides transparency about RBC's significant interest in Barratt Developments plc and its recent dealings in the company's securities, in compliance with the regulatory requirements of the Takeover Code. It offers valuable information for investors and market participants regarding RBC's position in Barratt Developments plc.