Royal Bank of Canada's asset management arm, RBC Global Asset Management Inc., has disclosed a 2.8702% interest in Barratt Developments PLC. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that RBC Global Asset Management Inc. owns and/or controls 27,972,743 relevant securities of Barratt Developments PLC. The disclosure was made on 9th August 2024, with the latest practicable date prior to the disclosure being 8th August 2024.
The disclosure also includes details of a sale of 400 securities of Barratt Developments PLC at a price of 5.1820 GBP per unit. Additionally, it states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides a comprehensive overview of Royal Bank of Canada's position in Barratt Developments PLC, in compliance with the regulatory requirements of the Takeover Code. For further information, the contact person listed for the disclosure is Michael Taylor, reachable at 1 (416) 648-4720.