Norges Bank has disclosed a 2.34% stake in Barratt Developments plc, as of April 29, 2024. The disclosure was made under Rule 8.3 of the Takeover Code. Norges Bank revealed that it owns and/or controls 22,774,670 relevant securities of Barratt Developments plc. Additionally, the disclosure includes dealings with Redrow plc. The disclosure also details purchases and sales of 10p ordinary shares, with 267,307 securities sold at a price of GBP 4.6090 per unit.
The disclosure also mentions the absence of indemnity or other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. It is noted that no Supplemental Form 8 (Open Positions) is attached to the disclosure. The disclosure was made by Philippe Chiaroni and can be reached at +47 24073000 for further information.
This disclosure provides insight into Norges Bank's significant stake in Barratt Developments plc and its related dealings, offering transparency to the market and stakeholders.