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The Vanguard Group Discloses Interest in Barratt Developments plc

The Vanguard Group, Inc. has revealed its significant position in Barratt Developments plc, as disclosed in Form 8.3 filed under Rule 8.3 of the Takeover Code. The disclosure indicates a 4.89% interest in Barratt Developments plc, amounting to 47,687,396 ordinary shares of 10p each. The position was recorded as of May 30, 2024, with the formal disclosure dated May 31, 2024.

In addition, Vanguard disclosed dealings related to these positions. Specifically, the group purchased 5,855 shares at a unit price of 5.03 GBP. No cash-settled or stock-settled derivatives or other dealings were reported in this disclosure.

Notably, Vanguard's interest also extends to Redrow plc, indicating its involvement with multiple parties linked to the offer. No indemnity or option arrangements, or other agreements, were reported.

This disclosure is part of regular regulatory requirements to maintain market transparency in situations involving potential takeovers or significant changes in shareholder positions.

R. H.

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