The Vanguard Group, Inc. Discloses Position in Barratt Developments PLC

The Vanguard Group, Inc. has disclosed its holding in Barratt Developments PLC through a recent Form 8.3 filing. As of March 21, 2024, The Vanguard Group holds a 4.86% interest in Barratt Developments, equating to 47,320,774 shares in the company. This disclosure comes amid the ongoing attention to the company's securities, which also involve dealings with Redrow plc.

In addition to the shares held, the disclosure detailed several transactions involving Barratt Developments’ shares. Specifically, The Vanguard Group sold a total of 166,659 shares through three separate transactions, with prices per share ranging between 4.76 GBP and 4.79 GBP. These sales took place in the context of ongoing market activities and are part of the Fund's disclosed dealings related to its substantial interest in Barratt Developments PLC.

This disclosure is in compliance with Rule 8.3 of the Takeover Code, which mandates the announcement of holdings and dealings in securities by entities holding more than 1% of a company's relevant securities. The Vanguard Group’s engagement reflects ongoing market dynamics and investor activities in the context of Barratt Developments' performance and broader market trends.