Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.16% of the company's 10p ordinary shares. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that Franklin Resources, Inc. owns and/or controls 40,588,144 relevant securities of Barratt Developments plc as of 28/02/2024. The disclosure also mentions that Franklin Resources, Inc. is making disclosures in respect of another party to the offer, Redrow plc.

The disclosure does not include any cash-settled derivatives but indicates that there have been stock-settled derivative transactions, specifically a transfer in of discretionary holdings of 66 securities. The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.

The disclosure was made by Cathy Johnson, who can be contacted at 954-527-7580 or [email protected]. It also includes information on how to make public disclosures under Rule 8 of the Code and how to consult the Panel's Market Surveillance Unit for the Code's disclosure requirements.

This disclosure provides valuable information about the significant position held by Franklin Resources, Inc. in Barratt Developments plc, offering insights into the ownership and control of relevant securities in the company as of the specified date.