Marathon Asset Management Limited has disclosed its position in Barratt Developments plc, as of 24th July 2024. The disclosure indicates that Marathon Asset Management Limited owns and/or controls 1.14% of the ordinary shares of Barratt Developments plc, totaling 11,125,547 shares. Additionally, the disclosure includes details of a sale of 5,234 ordinary shares at a price of 5.0660 per unit. The disclosure also states that Marathon Asset Management Limited does not have discretion regarding voting decisions in respect of 1,432,459 shares that are included in the total above.
The disclosure further reveals that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
The disclosure was made in accordance with Rule 8 of the Takeover Code and must be made to a Regulatory Information Service. For any consultation in relation to the Code's disclosure requirements, the Panel's Market Surveillance Unit is available for assistance.