The Vanguard Group, Inc. has disclosed a 4.89% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that The Vanguard Group, Inc. owns and/or controls 47,684,850 relevant securities of Barratt Developments plc. The disclosure also includes details of recent dealings, with the purchase of 3,640 securities and the sale of 12,686 securities, both at a price of 4.75 GBP per unit.
The disclosure does not include any indemnity or other dealing arrangements, nor does it mention any agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.
The disclosure was made on 26th June 2024, and the contact person for the disclosure is Shawn Acker, with a provided telephone number for further inquiries.
This disclosure provides insight into The Vanguard Group, Inc.'s significant stake in Barratt Developments plc and its recent dealings with the company's securities. It offers transparency in line with regulatory requirements and contributes to a better understanding of the ownership and trading activities related to Barratt Developments plc's securities.