Marathon Asset Management Limited has disclosed a 1.24% stake in Barratt Developments Plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Marathon Asset Management Limited owns and/or controls 12,091,567 ordinary shares of Barratt Developments. The disclosure also mentions that Marathon Asset Management Limited does not have discretion regarding voting decisions in respect of 1,125,380 shares included in the total. Additionally, the disclosure includes details of a sale of 26,369 ordinary shares at a price of 4.6650 per unit.

The disclosure does not include any 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 1st March 2024, and the contact person for the disclosure is Christopher Bogg, with a telephone number of 0207 497 2211.

This disclosure provides valuable insight into Marathon Asset Management Limited's stake in Barratt Developments Plc, offering transparency and clarity regarding their interests and short positions in the company's securities.