Franklin Resources, Inc. has disclosed its position in Barratt Developments plc, representing 4.60% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of the interests and short positions held by Franklin Resources, Inc. as of 7th August 2024. The disclosure also mentions dealings in the relevant securities, including purchases and sales of the 10p ordinary shares.
The disclosure indicates that Franklin Resources, Inc. owns and/or controls 44,815,555 relevant securities of Barratt Developments plc, representing 4.60% of the total. Additionally, it details the purchases and sales of the 10p ordinary shares, with 2,040 shares purchased and 174 shares sold at a price of 5.21 USD per unit.
The disclosure also includes information about other dealings, such as the transfer in of discretionary holdings, and specifies that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure is in compliance with the regulatory requirements, and it provides a comprehensive overview of Franklin Resources, Inc.'s position and dealings in Barratt Developments plc as of the specified date. It is an important update for investors and stakeholders interested in the activities and positions of significant shareholders in Barratt Developments plc.