Geode Capital Management, LLC has disclosed its position in Barratt Developments plc, representing 1.02% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that as of May 7, 2024, Geode Capital Management, LLC holds 9,942,727 relevant securities. Additionally, the disclosure includes details of a purchase of 97,767 securities at a price of £4.92 per unit.
The disclosure also mentions that Geode Capital Management, LLC is making disclosures in respect of another party to the offer, Redrow plc. The form further includes information on indemnity and other dealing arrangements, stating that there are none, and no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of Geode Capital Management, LLC's interests and short positions in Barratt Developments plc, as well as details of recent dealings. It offers transparency in line with regulatory requirements and provides valuable insights into the company's holdings and activities.