BlackRock, Inc. has disclosed a position in Barratt Developments plc, representing 11.61% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes 92,700,772 relevant securities owned and/or controlled, as well as cash-settled derivatives totaling 20,478,077. Additionally, the disclosure details purchases and sales of 10p ordinary shares, with 11,494 shares purchased and 128,287 shares sold. The transactions were made at a price of GBP 4.7680 per unit. Furthermore, the disclosure includes details of cash-settled derivative transactions, stock-settled derivative transactions, and other dealings, such as the transfer in and out of shares.
The disclosure also confirms 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 on 21 June 2024 by Jana Blumenstein, with no supplemental form attached.
This disclosure provides insight into BlackRock, Inc.'s significant position in Barratt Developments plc and its recent dealings with the company's securities, offering valuable information for investors and market analysts.