Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.41% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Franklin Resources, Inc. owns and/or controls 42,988,160 relevant securities of Barratt Developments plc. The disclosure also mentions that Franklin Resources, Inc. is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure does not include any cash-settled derivatives or stock-settled derivatives, and there are no open stock-settled derivative positions. Additionally, there have been no recent purchases, sales, or other dealings in relevant securities of Barratt Developments plc by Franklin Resources, Inc.
The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no Supplemental Form 8 (Open Positions) is attached to the disclosure.
For any further information or consultation regarding the disclosure requirements, the contact name and telephone number provided are Cathy Johnson and 954-527-7580, respectively. The disclosure was made on 3rd April 2024, and it is noted that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, with the Panel's Market Surveillance Unit available for consultation.