Geode Capital Management, LLC has disclosed its position in Barratt Developments plc, representing 1.04% of the company's 10p ordinary shares. The disclosure, made on May 23, 2024, includes the purchase of 12,174 securities at a price of £4.99 per unit. The disclosure also mentions 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 other dealings by Geode Capital Management, LLC. The disclosure further states that there are no indemnity and other dealing arrangements or agreements, arrangements, or understandings relating to options or derivatives.
This disclosure by Geode Capital Management, LLC provides transparency about its position in Barratt Developments plc and its dealings with the company's securities. It offers valuable insights into the ownership and control of relevant securities, as well as the nature of the transactions undertaken by the disclosing entity.