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

On August 13, 2024, The Vanguard Group, Inc. disclosed its position in Barratt Developments plc under Rule 8.3 of the Takeover Code. The disclosure was made public at 14:05 GMT/BST.

The disclosure reveals that Vanguard holds a 4.93% interest in ordinary shares of 10 pence each in Barratt Developments plc. This equates to 48,079,077 shares. This position reflects all interests and short positions held by Vanguard in the company.

No cash-settled or stock-settled derivatives were reported, nor were there any rights to subscribe for new securities other than those held by directors or employees.

As part of the transaction, Vanguard purchased 16,684 ordinary shares at a price of 5.24 GBP per unit on August 12, 2024. No other types of dealings or derivative transactions were disclosed.

The disclosure also reported that there are no existing indemnity or other dealing arrangements, nor any agreements related to options or derivatives involving relevant securities.