Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.58% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of relevant securities owned and controlled, as well as dealings in the company's securities. The disclosure also mentions the ownership of relevant securities and cash-settled derivatives. Additionally, it outlines the nature of the dealings, including purchases and sales, and provides contact information for further inquiries.
The disclosure by Franklin Resources, Inc. provides a comprehensive overview of its interests and short positions in Barratt Developments plc. It includes specific details such as the number and percentage of relevant securities owned and controlled, as well as the nature of the dealings undertaken. The disclosure also highlights the absence of indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives.
Overall, the disclosure by Franklin Resources, Inc. offers transparency regarding its position in Barratt Developments plc, in accordance with the regulatory requirements of the Takeover Code. It provides valuable information for stakeholders and market participants interested in the company's securities and the activities of significant shareholders.