BRIEF

on Barratt Developments (isin : GB0000811801)

The Vanguard Group Discloses Position in Barratt Developments

Stock price chart of Barratt Developments  (EBR:BDEV) showing fluctuations.

On June 5, 2024, The Vanguard Group, Inc. disclosed its significant interest in the securities of Barratt Developments plc, as mandated by Rule 8.3 of the Takeover Code. This announcement came after Vanguard confirmed its position as of June 4, 2024.

Vanguard holds 47,685,894 ordinary shares of Barratt Developments, representing a 4.89% stake. Additionally, Vanguard has engaged in some minor trades, purchasing 230 shares at 5.07 GBP per unit and selling 3,135 shares at 5.09 GBP per unit. No cash-settled or stock-settled derivatives were reported in this disclosure.

Aside from Barratt Developments, Vanguard also disclosed an interest in Redrow plc as part of this regulatory filing. The disclosure did not reveal any agreements, arrangements, or understandings related to options or derivatives, confirming none exist.

This disclosure is part of the ongoing transparency required by regulations for entities holding significant positions in publicly traded companies.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Barratt Developments news