The Vanguard Group, Inc. has disclosed a 4.89% interest in Barratt Developments plc, representing 47,670,954 ordinary shares. The disclosure, made on 21 May 2024, includes purchases and sales of the 10p ordinary shares. The Vanguard Group, Inc. purchased 532 shares at 5.10 GBP per unit and sold 15,241 shares at 5.12 GBP per unit. The disclosure also indicates that the company 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 cash-settled derivative transactions and stock-settled derivative transactions, as well as other dealings, such as subscribing for new securities. The disclosure further states that there are no indemnity and other dealing arrangements or 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. The contact person for the disclosure is Shawn Acker, with a provided telephone number for further consultation. The full disclosure can be viewed on the Panel’s website at www.thetakeoverpanel.org.