The Vanguard Group, Inc. has disclosed a 5.35% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, reveals that The Vanguard Group, Inc. owns and/or controls 52,127,820 relevant securities of Barratt Developments plc. The disclosure also includes details of purchases of 10p ordinary shares, with 3,848,978 securities purchased at 5.43 GBP per unit and 53,135 securities purchased at 5.49 GBP per unit.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
The disclosure was made on 22 August 2024, and contact information for Shawn Acker of The Vanguard Group, Inc. is provided for further inquiries. The disclosure was made in accordance with the Code's disclosure requirements and is available for consultation through the Panel’s Market Surveillance Unit.