Schroders PLC has disclosed its position in Barratt Developments PLC, as of 9th February 2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Schroders PLC holds 0.433% of the relevant securities of Barratt Developments PLC, representing 4,222,130 ordinary shares. Additionally, they have a stock-settled derivative position of 0.002%, with 19,764 securities. The disclosure also includes details of recent dealings, such as the purchase of 2620 ordinary shares at a price of 4.823 GBP per unit.

The disclosure further states that Schroders PLC is also making disclosures in respect of another party to the offer, Redrow PLC. The supplemental form attached to the disclosure provides details of open stock-settled derivative positions. The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives.

The disclosure is in compliance with the Code's disclosure requirements and has been made to a Regulatory Information Service. It includes contact information for further consultation and refers to the Panel's website for viewing the Code.