The Vanguard Group, Inc. has disclosed a 4.94% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that The Vanguard Group, Inc. owns and/or controls 48,111,354 relevant securities of Barratt Developments plc. The disclosure was made on 7th August 2024, with the latest practicable date prior to the disclosure being 6th August 2024.
The disclosure also includes details of dealings by The Vanguard Group, Inc., showing a purchase of 39,466 securities at a price of 5.12 GBP per unit. The disclosure further states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The Vanguard Group, Inc. has made this disclosure in accordance with the Code's disclosure requirements. The disclosure provides transparency about the significant stake held by The Vanguard Group, Inc. in Barratt Developments plc, offering valuable information to investors and the market.