The news released by Dimensional Fund Advisors Ltd. on 24th July 2024, discloses their position in BARRATT DEVELOPMENTS PLC's ordinary shares, in accordance with Rule 8.3 of the Takeover Code. Dimensional Fund Advisors Ltd., acting as an investment advisor and on behalf of its affiliates, disclosed that they do not have beneficial ownership of the shares described in the form 8.3. They revealed an ownership and/or control of 15,107,570 shares, representing 1.55% of the relevant securities of BARRATT DEVELOPMENTS PLC.
Additionally, the disclosure mentioned that Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 172,680 shares that are included in the total above. The form also detailed the purchases of BARRATT DEVELOPMENTS PLC's ordinary shares, including the number of securities and the price per unit for each purchase.
The disclosure did not include any cash-settled derivative transactions, stock-settled derivative transactions, or other dealings such as subscribing for new securities. Furthermore, the form stated that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
In summary, the disclosure by Dimensional Fund Advisors Ltd. provides a comprehensive overview of their position in BARRATT DEVELOPMENTS PLC's ordinary shares, including the number of shares owned or controlled, as well as details of recent purchases. It also confirms the absence of certain types of transactions and agreements related to the securities.