Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.36% stake in Barratt Developments plc. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes details of the relevant securities owned and/or controlled, which amount to 23,049,939 shares. The disclosure also mentions dealings in the relevant securities, including the sale of 42,131 securities at a price of GBP 4.984293 per unit on 16 July 2024.
The disclosure also indicates that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Redrow plc. The form does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
The contact person for this disclosure is James Brown, with a provided telephone number for further inquiries. The disclosure was made on 17 July 2024, and it is noted that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.