on Barratt Developments (isin : GB0000811801)
The Vanguard Group Discloses Position in Barratt Developments plc
The Vanguard Group, Inc. has disclosed its position in Barratt Developments plc as required by Rule 8.3 of the Takeover Code. The disclosure, dated August 21, 2024, reveals Vanguard's significant shareholding in the UK-based housebuilder.
According to the disclosure, Vanguard holds 48,225,707 ordinary shares, representing 4.95% of Barratt Developments. This substantial position indicates Vanguard’s influential stake in the company.
The disclosure also includes minimal trading activity. Vanguard purchased 798 additional ordinary shares at a price of 5.49 GBP each on August 20, 2024. There are no cash-settled or stock-settled derivatives involved in this disclosure.
No other agreements, arrangements, or understandings related to options or derivatives were reported by Vanguard in this disclosure. The report was signed off by Shawn Acker, with Vanguard filing it under the guidelines of the Takeover Code.
R. E.
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