Schroders PLC has disclosed its position in Barratt Developments PLC, as of 16th April 2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Schroders PLC owns and/or controls 6,352,661 relevant securities of Barratt Developments PLC, representing 0.652%. Additionally, they hold 21,532 cash-settled derivatives, amounting to 0.002%. The disclosure also includes details of recent dealings, such as the purchase of 1041 securities at a price of 4.52900000 GBP per unit and opening a short position with 10,675 reference securities at 0.02460047 GBP per unit.
The disclosure further states that Schroders PLC is making disclosures in respect of another party to the offer, Redrow Plc. It also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
This disclosure provides valuable insight into the position and dealings of Schroders PLC in relation to Barratt Developments PLC, offering transparency to the market and stakeholders.