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

The Vanguard Group, Inc. has made a public disclosure regarding its stake in Barratt Developments plc, revealing interests that surpass the 1% threshold. This disclosure is in accordance with Rule 8.3 of the Takeover Code. As of April 11, 2024, The Vanguard Group reported holding 47,466,506 shares in Barratt Developments, accounting for 4.87% of the company's issued share capital.

The disclosure included minor transactions made by The Vanguard Group on April 12, 2024. It purchased 266 shares at a price of 4.53 GBP per unit and 736 shares at 4.55 GBP per unit. These purchases further solidify The Vanguard Group's investment in Barratt Developments plc.

The filing detailed that there are no other dealings in derivatives or other agreements related to the shares of Barratt Developments plc by The Vanguard Group. It also stated that there are no indemnity, option arrangements, or agreements that might serve as an inducement to trade these securities. The Vanguard Group's latest disclosure marks a significant investment in Barratt Developments, highlighting its vested interest in the company's stock.