Vanguard Group Discloses Position in Barratt Developments

On May 24, 2024, The Vanguard Group, Inc. made a public disclosure regarding its position in the securities of Barratt Developments plc. According to Form 8.3, the disclosure is made under Rule 8.3 of the Takeover Code.

Vanguard reported owning 47,657,145 ordinary shares of 10p each, representing a 4.89% interest in Barratt Developments. Additionally, transactions reported include a purchase of 798 shares at 5.07 GBP and a sale of 11,641 shares at the same price.

The disclosure also covers interests in another firm, Redrow plc. No indemnity or dealing agreements were reported, and no Supplemental Form 8 was attached to this disclosure.

Vanguard Group’s disclosure is significant for stakeholders of Barratt Developments and Redrow, providing transparency about their securities positions and dealings within the scope of the Takeover Code.