Sand Grove Capital Management LLP has disclosed its position in Barratt Developments plc, representing 0.55% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Sand Grove Capital Management LLP holds 5,388,299 cash-settled derivatives in Barratt Developments plc. The disclosure was made on 21st March 2024, with the latest practicable date prior to the disclosure being 20th March 2024.

The disclosure also includes information about the interests and short positions in the relevant securities of Barratt Developments plc. It specifies that Sand Grove Capital Management LLP serves as the Investment Manager or Discretionary Sub-Advisor for the fund(s) related to the disclosed position.

The disclosure provides details of the dealings, including purchases and sales, as well as cash-settled derivative transactions. It also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.

The disclosure does not include a Supplemental Form 8 (Open Positions) and was made to a Regulatory Information Service, as required under Rule 8 of the Code. The contact person for the disclosure is Abel Romero, with a provided telephone number for further consultation.

This disclosure provides transparency regarding Sand Grove Capital Management LLP's position in Barratt Developments plc, offering insights into the ownership and control of relevant securities, as well as the nature of the dealings undertaken.