Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.42% stake in Barratt Developments plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes details of the relevant securities owned and/or controlled, as well as dealings in the relevant securities. The disclosure also mentions that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure indicates that Legal & General Investment Management (Holdings) Ltd. holds 23,663,597 relevant securities of Barratt Developments plc, representing 2.42% of the total. Additionally, it details the purchases and sales of the relevant securities, including the number of securities and the price per unit.
The disclosure also includes information about the nature of dealing, such as opening/closing a long/short position, and the price per unit for cash-settled derivative transactions. Furthermore, it states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure was made on 20 May 2024 and includes contact information for James Brown, with a telephone number provided for further consultation regarding the disclosure requirements of the Code.