Schroders PLC has disclosed its position in Barratt Developments PLC, representing 0.654% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of interests, short positions, and dealings. Schroders PLC has revealed ownership and control of 6,374,643 relevant securities and cash-settled derivatives of 21,532. Additionally, the disclosure mentions dealings involving the sale of 1,732 securities at a price of 4.536 GBP per unit.
The disclosure also indicates that Schroders PLC is making disclosures in respect of another party to the offer, Redrow Plc. Furthermore, the document includes information about indemnity and other dealing arrangements, stating that there are none. It also confirms that there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 26th April 2024 and was not accompanied by a Supplemental Form 8 (Open Positions).
For any further public disclosures under Rule 8 of the Code, the Panel's Market Surveillance Unit is available for consultation.