Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.58% of the 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Franklin Resources, Inc. owns and/or controls 44,682,965 relevant securities. The disclosure also mentions that the entity is making disclosures in respect of another party to the offer, Redrow plc.

The form provides details of any open stock-settled derivative positions, which should be given on a Supplemental Form 8 (Open Positions). It also includes information about any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities, which may be an inducement to deal or refrain from dealing. In this case, there are no such agreements, arrangements, or understandings.

The disclosure is dated 21/05/2024 and includes contact information for Cathy Johnson, with a telephone number and email address provided for further inquiries. The form also includes information about the regulatory requirements for public disclosures under Rule 8 of the Code, including the need to make them to a Regulatory Information Service and the availability of the Panel's Market Surveillance Unit for consultation.