Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.58% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership and control of 44,656,027 10p ordinary shares. The disclosure also mentions dealings with Redrow plc, indicating that the discloser is making disclosures in respect of another party to the offer. The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides detailed information about the interests and short positions in the relevant securities of Barratt Developments plc, as well as the date of the position held and dealing undertaken. It also outlines the absence of any supplemental form attached and provides contact information for further inquiries.
This disclosure is in compliance with the regulatory requirements under Rule 8 of the Code and provides transparency regarding the ownership and control of relevant securities in Barratt Developments plc by Franklin Resources, Inc.