AllianceBernstein L.P. has disclosed its position in Barratt Developments PLC, as per Rule 8.3 of the Takeover Code. The disclosure, dated 9th April 2024, reveals that AllianceBernstein L.P. holds 1.37% of the common stock of Barratt Developments PLC, representing 13,316,418 securities. Additionally, the disclosure includes cash-settled derivatives and stock-settled derivatives, with detailed information on the number and percentages held.
The disclosure also includes details of recent dealings, such as the sale of 156 securities of Barratt Developments PLC's common stock at a price of 4.7075 GBP per unit. Furthermore, it outlines cash-settled derivative transactions, including an increase in short position through an equity swap. The disclosure provides comprehensive information on these transactions, including the number of reference securities and the price per unit.
The disclosure concludes with other relevant information, such as indemnity and other dealing arrangements, which are stated as "none." It also confirms the attachment of a Supplemental Form 8 (Open Positions) and provides contact details for further inquiries.
This disclosure by AllianceBernstein L.P. provides detailed insights into its position and dealings with Barratt Developments PLC, offering transparency in accordance with the regulatory requirements of the Takeover Code.