Schroders plc has disclosed its position in Barratt Developments PLC, representing 0.968% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership and control of interests and short positions. Schroders plc also disclosed dealings with 10p Ordinary shares of Barratt Developments PLC, including the sale of 1,283 securities at a price of 5.0760 GBP per unit on 5th June 2024.
The disclosure also mentions that Schroders plc is making disclosures in respect of another party to the offer, Redrow Plc. The form provides detailed information about the interests, short positions, and dealings by Schroders plc, as required by the regulatory standards.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure. The contact person for the disclosure is Lucas Robley Dixon, with a provided telephone number for further inquiries.
This disclosure by Schroders plc provides transparency and regulatory compliance regarding its position and dealings with Barratt Developments PLC, offering insights into the ownership and control of relevant securities and short positions.