The news released on 21st June 2024 by Dimensional Fund Advisors Ltd. pertains to their disclosure of dealing in BARRATT DEVELOPMENTS PLC's ordinary shares, in accordance with Rule 8.3 of the Takeover Code. Dimensional Fund Advisors Ltd. and its affiliates, as investment advisors, disclosed that they do not have beneficial ownership of the shares described in the form 8.3. They disclosed an ownership and/or control of 14,115,113 shares, representing 1.45% of the relevant securities of BARRATT DEVELOPMENTS PLC.
Additionally, they stated that they do not have discretion regarding voting decisions in respect of 173,639 shares that are included in the total above. The disclosure also included details of purchases of BARRATT DEVELOPMENTS PLC's ordinary shares, with 103,692 shares purchased at a price of 4.7596 GBP per unit and 11,778 shares purchased at a price of 4.7577 GBP per unit. Furthermore, there was a transfer in of 2,228 shares of 10p ordinary.
The disclosure did not include any cash-settled derivative transactions or stock-settled derivative transactions. It also stated that there were no other dealings, such as subscribing for new securities. The disclosure confirmed that there were no indemnity or other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives.
In summary, Dimensional Fund Advisors Ltd. made a comprehensive disclosure of their dealings and positions in BARRATT DEVELOPMENTS PLC's ordinary shares, in accordance with the regulatory requirements. This disclosure provides transparency regarding their interests in the company's securities and their recent transactions involving the purchase and transfer of shares.