BlackRock, Inc. has disclosed a 10.14% stake in Barratt Developments plc, representing 98,889,366 relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes interests and short positions in the relevant securities. BlackRock, Inc. owns 89,841,696 relevant securities, amounting to 9.21%, and holds cash-settled derivatives for 9,047,670 relevant securities, which is 0.92%. Additionally, they have disclosed dealings, including purchases and sales of 10p ordinary shares.
The disclosure also includes details of cash-settled derivative transactions, stock-settled derivative transactions, and other dealings. BlackRock, Inc. has stated that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 13 August 2024, and the contact person for the disclosure is Jana Blumenstein, with a telephone number of +44 20 7743 3650.
This disclosure provides insight into BlackRock, Inc.'s significant stake in Barratt Developments plc and their recent dealings with the company's securities. It offers transparency regarding their positions and transactions, as required by the regulatory framework.