Robeco Institutional Asset Management B.V. has disclosed its position and dealings with Barratt Developments PLC, as per the requirements of Rule 8.3 of the Takeover Code. The disclosure, dated 25th April 2024, reveals that Robeco Institutional Asset Management B.V. owns and/or controls 1.20% of the relevant securities of Barratt Developments PLC, amounting to 11,661,677 securities. Additionally, the disclosure includes details of purchases of GBP 1 ordinary shares, totaling 297,806 and 27,487 securities at a price of 4.53 per unit.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form for open positions is attached to the disclosure.
This disclosure provides valuable insights into the position and dealings of Robeco Institutional Asset Management B.V. with Barratt Developments PLC, offering transparency and compliance with regulatory requirements. It sheds light on the ownership and control of relevant securities, as well as specific transactions involving the purchase of GBP 1 ordinary shares.