Marathon Asset Management Limited has disclosed its position in Barratt Developments plc, representing 1.14% of the company's ordinary shares. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, includes details of the number of securities owned and controlled, as well as recent dealings in the relevant securities. Marathon Asset Management Limited has sold 3,649 ordinary shares and bought 7,218 ordinary shares. The disclosure also indicates that the company does not have discretion regarding voting decisions in respect of 1,425,898 shares included in the total disclosed.
The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure. The disclosure was made on 15 August 2024, and the contact person for any further information is Mary Davidge, reachable at 0207 497 2211.
This disclosure provides valuable information about Marathon Asset Management Limited's position in Barratt Developments plc, shedding light on their recent dealings and interests in the company's securities. It offers insights into the ownership and control of relevant securities, as well as the absence of certain agreements or arrangements related to options or derivatives.