Vanguard Group's Increased Stake in Barratt Developments Plc

The Vanguard Group, Inc., has disclosed its latest financial position in Barratt Developments plc, revealing a significant stake in the company. According to the disclosure made under Form 8.3, pursuant to the rules of the Takeover Code, The Vanguard Group now owns a total of 47,484,470 ordinary shares in Barratt Developments, which represents 4.87% of the company’s issued share capital. The position was held as of March 1, 2024.

Furthermore, the disclosure detailed recent transactions by The Vanguard Group involving Barratt Developments plc shares. The investment firm purchased a total of 27,620 shares across different transactions at prices ranging between 4.68 GBP and 4.79 GBP. Additionally, a sale of 1,064 shares at a price of 4.79 GBP was reported. These transactions indicate active engagement by The Vanguard Group with Barratt Developments plc shares around the aforementioned date. The disclosure asserts there are no other significant financial instruments or derivative positions and no agreements, arrangements, or understandings relating to relevant securities of Barratt Developments plc.