Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.45% 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 interests and short positions in the relevant securities of Barratt Developments plc. Legal & General Investment Management (Holdings) Ltd. also stated that it is making disclosures in respect of another party to the offer, Redrow plc.
The disclosure reveals that Legal & General Investment Management (Holdings) Ltd. owns and/or controls 23,948,706 relevant securities of Barratt Developments plc, representing 2.45% of the total. Additionally, the disclosure includes details of purchases made, with 6,721 securities purchased at a price of GBP 4.463 per unit.
The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no Supplemental Form 8 (Open Positions) is attached to the disclosure.
The disclosure was made on 19 April 2024, and the contact person for the disclosure is Laszlo Benedek, with a provided telephone number for further consultation.