BlackRock, Inc. has disclosed its position in Barratt Developments plc, as of May 8, 2024. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that BlackRock, Inc. owns and/or controls 99,393,181 relevant securities, representing 10.19% of the total. Additionally, they hold cash-settled derivatives amounting to 13,974,342 securities, or 1.43%. The disclosure also includes details of recent dealings, including purchases and sales of 10p ordinary shares, as well as cash-settled derivative transactions.
The disclosure further indicates that BlackRock, Inc. has no indemnity or other dealing arrangements related to relevant securities, and there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made by Jana Blumenst on behalf of BlackRock Group on May 9, 2024.
This disclosure provides valuable insight into the significant position held by BlackRock, Inc. in Barratt Developments plc, shedding light on their ownership and control of relevant securities, as well as recent dealings in the company's shares and derivatives. It offers transparency and clarity regarding BlackRock, Inc.'s interests in Barratt Developments plc, contributing to a better understanding of the company's shareholder landscape and market activities.