Schroders PLC, a major investment management company, has disclosed its position in Barratt Developments PLC, a leading home construction company. As of 10th April 2024, Schroders PLC holds 6,352,283 relevant securities of Barratt Developments PLC, representing 0.652% of the total. Additionally, they have 21,351 cash-settled derivatives, amounting to 0.002% of the total. Schroders PLC has also made purchases of 153,531 securities at a price of 4.562 GBP per unit.
The disclosure also mentions that Schroders PLC is making disclosures in respect of another party to the offer, Redrow Plc. The form further includes details of any indemnity or option arrangement, agreements, arrangements, or understandings relating to options or derivatives, all of which are stated as "none."
This disclosure provides valuable insight into the significant position held by Schroders PLC in Barratt Developments PLC, shedding light on their investment activities and positions in the relevant securities of the company.