Dimensional Fund Advisors Ltd. has disclosed its position in BARRATT DEVELOPMENTS PLC's ordinary shares. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, reveals that Dimensional Fund Advisors Ltd. and its affiliates, as investment advisors, hold 1.55% of the relevant securities, representing 15,088,183 shares. It's important to note that Dimensional Fund Advisors Ltd. expressly disclaims beneficial ownership of the shares described in the disclosure.
The disclosure also states that Dimensional Fund Advisors Ltd. and/or its affiliates do not have discretion regarding voting decisions in respect of 293,816 shares that are included in the total above. Additionally, it is mentioned that there have been sales of 125,408 securities at a price of 5.3178 GBP per unit.
The disclosure provides detailed information about the interests and short positions in the relevant securities of BARRATT DEVELOPMENTS PLC, as well as any dealings by Dimensional Fund Advisors Ltd. in these securities. It also includes information about any indemnity or other dealing arrangements, of which in this case, there are none.
This disclosure is significant as it provides transparency about the holdings and dealings of Dimensional Fund Advisors Ltd. and its affiliates in BARRATT DEVELOPMENTS PLC's ordinary shares, offering insights into the investment activities related to the company's securities.