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

The Vanguard Group, Inc. has revealed its holding in Barratt Developments plc, according to a public opening position disclosure complying with Rule 8.3 of the Takeover Code. As of 05 April 2024, The Vanguard Group holds a total of 47,454,102 ordinary shares in Barratt Developments, representing a 4.87% stake in the company.

Additionally, The Vanguard Group disclosed dealings in Barratt Developments' securities, purchasing 5,616 ordinary shares at a price of 4.66 GBP per unit. This transaction further adjusts its position in the company amidst ongoing market activities. The disclosure also notes The Vanguard Group's interest in Redrow plc, indicating a broader investment strategy in the real estate sector by the investment management firm.

No agreements, arrangements, or understandings related to the voting rights of any relevant securities under any option, or the future acquisition or disposal of any relevant securities referenced by derivatives, have been disclosed. This statement emphasizes the straightforward nature of The Vanguard Group's disclosed dealings.

Shawn Acker, representing The Vanguard Group, Inc., provided the disclosure information, with a contact telephone number for further inquiries.