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

The Vanguard Group, Inc. has recently announced its ownership in Barratt Developments plc, revealing a significant position in the company. As of April 22, 2024, The Vanguard Group holds a total of 47,467,388 shares, representing 4.87% of the company. This disclosure falls under Rule 8.3 of the Takeover Code, indicating that The Vanguard Group has an interest in securities representing more than 1% of Barratt Developments.

Transactions detailed in the disclosure include both purchases and sales of Barratt’s ordinary 10p shares. Specifically, on a recent trading day, The Vanguard Group purchased 7,280 shares at a price of 4.54 GBP and sold 24,784 shares at 4.52 GBP and an additional 3,100 shares at 4.54 GBP. Despite these transactions, there was no change in the overall percentage of their holdings due to the disclosure requirements and number of shares transacted.

This public opening position disclosure serves as a keystone document for interested parties tracking major stakeholders' movements within Barratt Developments plc.