Franklin Resources, Inc. has disclosed a public opening position dealing disclosure in accordance with Rule 8.3 of the Takeover Code, regarding Barratt Developments plc. The disclosure, dated 10th July 2024, reveals that Franklin Resources, Inc. owns and/or controls 44,493,148 relevant securities of Barratt Developments plc, representing 4.57% of the total. The disclosure also includes details of purchases and sales of 10p ordinary shares, with 24,600 securities sold at a price of 4.93 GBP per unit.
Additionally, the disclosure mentions the transfer in of discretionary holdings of 1,080 10p ordinary shares and 23 ADR (1:2) shares. The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure.
For any further public disclosures under Rule 8 of the Code, it is noted that they must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.
This disclosure provides a comprehensive overview of Franklin Resources, Inc.'s interests and dealings in relevant securities of Barratt Developments plc, in compliance with the regulatory requirements of the Takeover Code.