Marathon Asset Management Limited has disclosed its position in Barratt Developments plc, as of 01 March 2024. The disclosure indicates that Marathon Asset Management Limited owns and/or controls 1.24% of the ordinary shares of Barratt Developments plc, amounting to 12,084,078 shares. The disclosure also states that Marathon Asset Management Limited does not have discretion regarding voting decisions in respect of 1,125,380 shares included in the total above.

Additionally, the disclosure reveals that Marathon Asset Management Limited has sold 7,489 ordinary shares of Barratt Developments plc at a price of 4.7595 per unit. The disclosure does not include any cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, and there are no indemnity or other dealing arrangements or agreements, arrangements, or understandings relating to options or derivatives disclosed.

The disclosure provides detailed information in accordance with Rule 8.3 of the Takeover Code, including the full name of the discloser, the offeror/offeree in relation to whose relevant securities the form relates, the date position held/dealing undertaken, and the positions of the person making the disclosure. It also includes contact information for further inquiries.

This disclosure by Marathon Asset Management Limited offers transparency regarding its interests and short positions in Barratt Developments plc, providing valuable information for stakeholders and investors in the company.