Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.48% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Legal & General Investment Management (Holdings) Ltd. owns and/or controls 24,221,242 relevant securities of Barratt Developments plc. The disclosure was made on 15th February 2024.

Additionally, the disclosure also mentions that Legal & General Investment Management (Holdings) Ltd. has made disclosures in respect of another party to the offer, Redrow plc. The disclosure includes details of purchases and sales of relevant securities, with 2,189 securities purchased at a price of GBP 4.744 per unit.

The disclosure also states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure.

This disclosure provides valuable insight into the significant stake held by Legal & General Investment Management (Holdings) Ltd. in Barratt Developments plc, shedding light on the investment activities and positions of the company in the relevant securities market.