The Vanguard Group, Inc. Discloses Ownership in Barratt Developments PLC

The Vanguard Group, Inc. has disclosed substantial ownership in Barratt Developments PLC as per the latest Form 8.3 filing. As of April 24, 2024, The Vanguard Group holds a total of 47,522,775 shares in Barratt Developments, corresponding to 4.88% of the company's issued share capital. This disclosure is part of the requirements under the Rule 8.3 of the Takeover Code, primarily when an entity holds more than 1% of a company's securities.

Recent transactions detailed in the disclosure include purchases of Barratt’s 10p ordinary shares, with specific transactions of 1,270 shares at 4.49 GBP, 1,820 shares at 4.50 GBP, and 41,171 shares at 4.55 GBP. Such acquisitions underscore continued investment interest from The Vanguard Group in the U.K based developer. The disclosure also noted an additional interest in Redrow plc, marking significant involvement in the sector.

No derivative positions were disclosed, and there are no indemnity or dealing arrangements in connection with the holdings. This regulatory filing ensures compliance with financial transparency rules in securities markets, vital for maintaining orderly market conditions.