The Vanguard Group, Inc. has disclosed a 4.92% 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 47,929,301 relevant securities of Barratt Developments plc. The disclosure also includes details of recent dealings, with the purchase of 443 securities at 5.20 GBP per unit and the sale of 9,095 securities at 5.21 GBP per unit.
The disclosure further indicates that The Vanguard Group, Inc. is making disclosures in respect of another party to the offer, Redrow plc. The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of The Vanguard Group, Inc.'s position and dealings with Barratt Developments plc, in compliance with the regulatory requirements of the Takeover Code.