The Vanguard Group, Inc. has disclosed a 4.89% 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 47,694,806 relevant securities of Barratt Developments plc. The disclosure was made on 17th June 2024, with the latest practicable date prior to the disclosure being 14th June 2024.
The disclosure also includes details of dealings by The Vanguard Group, Inc., including the purchase of 908 10p ordinary shares at a price of 4.89 GBP per unit. The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Barratt Developments plc, indicating a notable interest in the company's securities. It also offers transparency regarding the group's recent dealings in Barratt Developments plc's securities, contributing to a better understanding of the company's ownership and trading activities.