Royal Bank of Canada, through RBC Global Asset Management Inc., has disclosed a 2.8742% interest in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that as of 13th August 2024, Royal Bank of Canada holds 28,011,801 relevant securities of Barratt Developments plc. Additionally, the disclosure includes the purchase of 40,202 securities at a price of 5.2776 GBP per unit.
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, the Panel's Market Surveillance Unit is available for consultation. The contact person for this disclosure is Michael Taylor, with a provided telephone number for inquiries.
This disclosure provides insight into the significant position held by Royal Bank of Canada in Barratt Developments plc, offering transparency in line with regulatory requirements.