Royal Bank of Canada (RBC) has disclosed a 2.8320% stake in Barratt Developments plc, representing 27,600,441 relevant securities. The disclosure was made on 10th June 2024. RBC Global Asset Management Inc. is the owner or controller of the disclosed interests and short positions. The disclosure was made in accordance with Rule 8.3 of the Takeover Code.
The disclosure also includes details of dealings by RBC, including the purchase of 51 securities of UNSPADR REP 10 ORD at a price of 12.7000 USD per unit. The disclosure further 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 RBC's interests and short positions in Barratt Developments plc, as well as the details of their recent dealings. It is in compliance with the regulatory requirements of the Takeover Code. The disclosure is a significant indication of RBC's stake in Barratt Developments plc and its recent activities related to the company's securities.