Marathon Asset Management Limited has disclosed its position in Barratt Developments plc's relevant securities, representing 1.17% of the total. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Marathon Asset Management Limited owns and/or controls 11,445,024 ordinary shares. The disclosure also notes that the company does not have discretion regarding voting decisions in respect of 1,454,358 shares included in the total. Additionally, the disclosure includes details of recent dealings, such as the sale of 2,014 ordinary shares at a price of 4.9278 per unit.
The disclosure also states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no Supplemental Form 8 (Open Positions) is attached to the disclosure.
The disclosure was made on 14 May 2024, and for further public disclosures under Rule 8 of the Code, it must be made to a Regulatory Information Service. The contact person for the disclosure is Christopher Bogg, and the telephone number provided is 0207 497 2211.