The Vanguard Group Discloses 4.89% Stake in Barratt Developments

The Vanguard Group, Inc. has disclosed a significant holding in Barratt Developments plc. According to Form 8.3, Vanguard owns and/or controls 47,689,374 shares, which equates to a 4.89% stake in the company. This information is in line with Rule 8.3 of the Takeover Code.

The disclosure was made on June 10, 2024, and reflects the position held as of June 7, 2024. Vanguard's purchase of 1,064 ordinary shares at a price of 5.01 GBP per unit was also noted. No cash-settled or stock-settled derivative positions, or any agreements to purchase or sell were disclosed, besides the aforementioned shares.

Vanguard indicated no indemnity or option arrangements, or other agreements regarding the relevant securities. Additional disclosures were made in relation to Redrow plc as part of this filing.