BlackRock, Inc. has disclosed its position in Barratt Developments plc, as of 14th March 2024. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that BlackRock, Inc. owns and/or controls 100,909,664 relevant securities, representing 10.35% of the total. Additionally, they hold cash-settled derivatives amounting to 13,130,745 securities, which is 1.34% of the total. 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 reduced short positions and increased long positions through cash-settled derivative transactions. They have also engaged in stock-settled derivative transactions, including transferring in and out of shares. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.

This disclosure provides valuable insights into BlackRock, Inc.'s significant ownership and control of relevant securities in Barratt Developments plc, as well as their recent dealings in the company's shares and derivatives. It offers transparency and clarity regarding BlackRock, Inc.'s position and activities related to Barratt Developments plc, in compliance with regulatory requirements.