Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.53% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Franklin Resources, Inc. owns and/or controls 44,148,448 relevant securities. The disclosure also includes details of purchases and sales of the 10p ordinary shares, with 74,229 shares purchased at 4.61 GBP per unit and 313,600 shares purchased at 4.60 GBP per unit. Additionally, there was a sale of 234 ADR (1:2) shares at 11.31 USD per unit.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure. The contact person for the disclosure is Cathy Johnson, and the public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.
This disclosure provides insight into Franklin Resources, Inc.'s significant position in Barratt Developments plc and its recent dealings with the company's securities, offering transparency to the market and stakeholders.