Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.35% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Legal And General Investment Management (Holdings) Ltd. owns and/or controls 22,975,264 relevant securities of Barratt Developments plc. The disclosure was made on 12th August 2024, with the position being held since 9th August 2024.
Additionally, the disclosure mentions that Legal And General Investment Management (Holdings) Ltd. is also making disclosures in respect of another party to the offer, Redrow plc. The disclosure also includes details of purchases made, with 483 securities of Barratt Developments plc being purchased at a price of GBP 5.238 per unit.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure.
The contact person for this disclosure is James Brown, with a provided telephone number for further inquiries. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.