Geode Capital Management, LLC has disclosed its position in Barratt Developments plc, representing 1.07% of the company's 10p ordinary shares. The disclosure, made on July 8, 2024, includes the purchase of 5,974 securities at a price of £5.04 per unit. The disclosure also indicates that Geode Capital Management, LLC is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure provides detailed information about the interests and short positions in the relevant securities of Barratt Developments plc. It also includes information about purchases and sales, as well as cash-settled derivative transactions. The disclosure further states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with Rule 8.3 of the Takeover Code and has been made to a Regulatory Information Service. It provides a comprehensive overview of Geode Capital Management, LLC's position and dealings in relation to Barratt Developments plc.