The Vanguard Group, Inc. Announces Holding in Barratt Developments PLC

The Vanguard Group, Inc. disclosed its substantial holding in Barratt Developments PLC on March 6, 2024, signaling a notable interest in the UK-based housebuilding company. According to Form 8.3, filed in compliance with the Takeover Code requirements, The Vanguard Group now possesses an interest exceeding 1% in Barratt Developments, specifically amounting to a 4.88% share, represented by 47,537,147 10p ordinary shares. The announcement also mentioned dealings related to Redrow PLC but concentrated on the transaction occurring on March 5, 2024. This move involved the purchase of 271 securities at a price of 4.71 GBP each.

This disclosure is part of mandatory public opening position announcements for entities with significant interests in securities impacted by corporate actions, especially in the context of takeovers. No additional agreements or understandings related to the disclosed positions have been reported by The Vanguard Group, emphasizing the straightforward nature of their investment. Shawn Acker is the contact person for this declaration, marking an essential update for shareholders and potential investors in Barratt Developments PLC.