Franklin Resources, Inc. has released a Form 8.3 disclosure regarding its interests in Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, provides key information about the positions and dealings of Franklin Resources, Inc. related to Barratt Developments plc's relevant securities.
The disclosure reveals that Franklin Resources, Inc. owns and/or controls 4.58% of the 10p ordinary shares of Barratt Developments plc, amounting to 44,656,749 securities. The disclosure also includes details of transactions, such as the transfer in and out of discretionary holdings of ADR (American Depositary Receipt) securities.
Furthermore, the disclosure states that Franklin Resources, Inc. is making disclosures in respect of another party to the offer, Redrow plc. The disclosure also includes information about the nature of the rights to subscribe for new securities and specifies the date of the position held and dealing undertaken as of 09/05/2024.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
For any further information or consultation regarding the disclosure requirements, the contact name provided is Cathy Johnson, with a telephone number of 954-527-7580 and an email address of [email protected]. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.