Phoenix Asset Management Partners Limited has disclosed a 4.20% interest in Barratt Developments PLC. The disclosure, made under Rule 8.3 of the Takeover Code, includes key information such as the date of the position held and dealing undertaken, as well as the number and percentage of relevant securities owned and/or controlled. The disclosure also details purchases and sales of 10p ordinary shares, including the number of securities and price per unit.
The disclosure indicates that Phoenix Asset Management Partners Limited currently owns and/or controls 40,952,696 relevant securities, representing 4.20% of the total. The disclosure also includes details of purchases, with 31,658 securities purchased at a price of GBp 493.7800 per unit. Additionally, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides comprehensive information about Phoenix Asset Management Partners Limited's interests and dealings in Barratt Developments PLC, offering transparency in accordance with regulatory requirements. This disclosure is a significant indication of the investment activity surrounding Barratt Developments PLC and may be of interest to investors and market analysts.