The Vanguard Group, Inc. has disclosed a 4.91% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that The Vanguard Group, Inc. owns and/or controls 47,866,402 10p ordinary shares of Barratt Developments plc. The disclosure was made on 11th July 2024, with the latest practicable date prior to the disclosure being 10th July 2024.
The disclosure also includes details of recent dealings by The Vanguard Group, Inc. in Barratt Developments plc's securities. This includes the purchase of 502 10p ordinary shares at a price of 4.85 GBP per unit and the purchase of 2,912 10p ordinary shares at a price of 4.88 GBP per unit.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
The Vanguard Group, Inc.'s disclosure provides valuable insight into its significant stake in Barratt Developments plc, offering transparency to the market and stakeholders.