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

The Vanguard Group, Inc. has revealed its position in Barratt Developments plc, a prominent UK-based housebuilder. According to a disclosure form filed on June 17, 2024, Vanguard holds 4.89% of Barratt Developments' ordinary shares, amounting to 47,694,806 shares.

The disclosure, mandated by Rule 8.3 of the UK's Takeover Code, shows that Vanguard owns and controls these securities outright. No other arrangements or derivative positions are indicated.

The filing specifies that there have been recent purchase activities, with Vanguard acquiring 908 ordinary shares at a price of 4.89 GBP per share. No additional dealing or transaction types are disclosed in relation to Barratt Developments' securities.

The disclosure does not reveal any indemnity, option arrangements, or agreements that could influence trading decisions. As such, Vanguard operates independently regarding its stake in Barratt Developments.