Marathon Asset Management Limited has disclosed its position in Barratt Developments plc, revealing ownership and control of 1.14% of the company's ordinary shares, totaling 11,141,863 shares. The disclosure, made on 28 June 2024, also states that Marathon Asset Management Limited does not have discretion regarding voting decisions in respect of 1,432,459 shares included in the total. Additionally, the disclosure includes details of a sale of 173,045 ordinary shares at a price of 4.7220 per unit.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure. The contact person for this disclosure is Christopher Bogg, with a provided telephone number for further inquiries.
This disclosure provides insight into Marathon Asset Management Limited's position in Barratt Developments plc, offering transparency regarding their ownership and control of a portion of the company's ordinary shares.