BlackRock, Inc. has disclosed its position in Barratt Developments plc, representing 9.40% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that BlackRock, Inc. owns 91,651,786 relevant securities and has cash-settled derivatives amounting to 8,596,224 relevant securities. Additionally, the disclosure includes details of recent dealings, such as purchases and sales of 10p ordinary shares, as well as cash-settled derivative transactions.
The disclosure also outlines that BlackRock, Inc. has not entered into any indemnity or option arrangements, agreements, or understandings relating to options or derivatives. Furthermore, no supplemental form is attached to the disclosure.
This disclosure provides insight into BlackRock, Inc.'s significant position in Barratt Developments plc and its recent dealings with the company's securities. It offers transparency regarding the ownership and control of relevant securities, as well as the nature of the disclosed transactions.