Legal & General Investment Management (Holdings) Ltd. has disclosed a 2.40% stake in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Legal & General Investment Management (Holdings) Ltd. owns and/or controls 23,393,347 relevant securities of Barratt Developments plc. The disclosure also includes details of recent dealings, such as the purchase and sale of securities, with specific quantities and prices per unit provided.
The disclosure further reveals that Legal & General Investment Management (Holdings) Ltd. is making disclosures in respect of another party to the offer, Redrow plc. Additionally, the form outlines that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives, and no supplemental form is attached.
The disclosure, dated 31 May 2024, was made by James Brown, with a provided contact telephone number for further inquiries. This public disclosure under Rule 8 of the Code was made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation regarding the Code's disclosure requirements.