Franklin Resources, Inc. has disclosed a Form 8.3 regarding Barratt Developments plc, in accordance with Rule 8.3 of the Takeover Code. The disclosure, dated 11th April 2024, reveals that Franklin Resources, Inc. holds 43,459,870 10p ordinary shares of Barratt Developments plc, representing 4.46% of the total shares. The disclosure also mentions that Franklin Resources, Inc. has made dealings in relation to Redrow plc.
The disclosure provides detailed information about the interests and short positions held by Franklin Resources, Inc. in Barratt Developments plc. It includes the number and percentage of relevant securities owned and/or controlled, as well as the absence of cash-settled derivatives and stock-settled derivatives. The disclosure also states that there are no rights to subscribe for new securities.
Furthermore, the disclosure outlines that there have been no purchases, sales, cash-settled derivative transactions, stock-settled derivative transactions, or other dealings by Franklin Resources, Inc. It also confirms that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure concludes with contact information for Franklin Resources, Inc., including the name and telephone number of the contact person. It also emphasizes the requirement for public disclosures under Rule 8 of the Code to be made to a Regulatory Information Service and provides the contact details for the Panel's Market Surveillance Unit for consultation regarding the Code's disclosure requirements.
In summary, the Form 8.3 disclosure by Franklin Resources, Inc. provides a comprehensive overview of its interests, positions, and dealings related to Barratt Developments plc, as well as the necessary contact information for regulatory purposes.