AllianceBernstein L.P. has disclosed its position in Barratt Developments PLC, as of April 3, 2024. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that AllianceBernstein L.P. holds 1.37% of the common stock of Barratt Developments PLC, amounting to 13,316,574 shares. Additionally, the disclosure includes cash-settled derivatives and stock-settled derivatives, with 201,992 and 2,711,945 shares respectively.
The disclosure also details recent dealings by AllianceBernstein L.P., including the sale of 16,307 shares of Barratt Developments PLC at a price of 4.6263 GBP per unit. Furthermore, it outlines cash-settled derivative transactions, such as an increased short position of 114,595 shares and an increased long position of 56,258 shares, both at varying prices.
The disclosure concludes with information on indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. It also confirms that there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure does not include a Supplemental Form 8 (Open Positions).
This disclosure provides valuable insight into the position and recent dealings of AllianceBernstein L.P. with regards to Barratt Developments PLC, offering transparency to the market and stakeholders.