on Barratt Developments (isin : GB0000811801)
The Vanguard Group Discloses Position in Barratt Developments plc
The Vanguard Group, Inc. has released a Form 8.3, detailing its position in Barratt Developments plc. The disclosure, dated July 2, 2024, highlights that Vanguard currently owns and/or controls a total of 47,713,378 shares, representing 4.90% of Barratt Developments' ordinary 10p shares.
The disclosure is required under Rule 8.3 of the Takeover Code, which mandates transparency for entities holding 1% or more relevant securities in a company subject to a takeover offer. The position was recorded as of July 1, 2024.
Vanguard also noted that it has made similar disclosure for Redrow plc. The reported transactions include a purchase of 8,544 shares at a price of 4.78 GBP per unit.
The filing clarifies that there are no existing agreements, arrangements, or understandings related to options or derivatives, nor any indemnity or other dealing arrangements that could induce dealing in relevant securities.
The contact for the disclosure is Shawn Acker, reachable at 001-610-669-6713.
R. H.
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