Schroders plc has disclosed its position in Barratt Developments PLC, representing 0.968% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Schroders plc owns and/or controls 9,435,141 relevant securities of Barratt Developments PLC. Additionally, the disclosure includes 24,571 cash-settled derivatives, representing 0.003% of the relevant securities. The total position in section 2(a)(2) has reduced due to expired cash-settled options and trades highlighted in section 3(b).
The disclosure also mentions that Schroders plc is making disclosures in respect of another party to the offer, Redrow Plc. The form provides details of any open stock-settled derivative positions and agreements to purchase or sell relevant securities. It also includes information about cash-settled derivative transactions and other dealings, such as purchases and sales.
Furthermore, the form states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also confirms that no supplemental form is attached to the disclosure.
The disclosure was made on 12th June 2024, and the contact person for the disclosure is Ajibola Olagunju, with a telephone number provided for further inquiries. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.