State Street Global Advisors has disclosed a 3.18161% interest in Barratt Developments plc, representing 31,007,708 ordinary shares. The disclosure, made on May 2, 2024, also includes details of purchases and sales of Barratt Developments plc's 10p ordinary shares. The purchases and sales were made at various prices per unit, with the largest purchase being 57,013 shares at GBP 4.603 per unit. Additionally, the disclosure includes details of cash-settled derivatives and stock-settled derivative transactions, as well as other relevant information.
The disclosure also indicates that State Street Global Advisors is making disclosures in respect of another party to the offer, Redrow plc. However, no further details regarding this disclosure are provided in the news release.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives disclosed. Furthermore, no supplemental form is attached to the disclosure.
This disclosure provides valuable insight into State Street Global Advisors' significant interest in Barratt Developments plc and its recent dealings with the company's securities. It offers transparency regarding the positions and transactions of a major player in the securities market, which can be of interest to investors and market analysts.