Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.54% 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 44,221,553 relevant securities. The disclosure also includes details of recent dealings, such as the sale of 64 securities at a price of 11.09 USD per unit and the transfer in of discretionary holdings totaling 36,374 securities.
The disclosure further states that Franklin Resources, Inc. is making disclosures in respect of another party to the offer, Redrow plc. The form also includes information about cash-settled derivative transactions and stock-settled derivative transactions, as well as details of any indemnity or option arrangement, which in this case is stated as "none."
The disclosure was made on 19th April 2024, and the contact person for the disclosure is Cathy Johnson, who can be reached at 954-527-7580 or via email at [email protected]. The form concludes with the regulatory requirements for public disclosures under Rule 8 of the Code, including the contact information for the Panel's Market Surveillance Unit for consultation.