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Vanguard Group Reports Stake in Barratt Developments plc

The Vanguard Group, Inc. disclosed its significant holding in Barratt Developments plc, detailing its position as of 23 April 2024. According to the disclosure mandated under Rule 8.3 of the Takeover Code, Vanguard controls 47,478,514 shares of Barratt Developments, representing a total of 4.87% of the company's issued share capital.

The disclosure revealed both purchases and sales of shares, with a purchase of 15,968 shares at a price of 4.57 GBP and a sale of 4,842 shares at 4.58 GBP. Furthermore, Vanguard disclosed its involvement with another entity, Redrow plc, indicating a broader interest in the real estate sector.

Such disclosures are required for any party with interests in relevant securities that represent 1% or more of a company. No other forms of derivative transactions or agreements were reported by Vanguard in relation to Barratt Developments at this time.

R. H.

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