TIDMBDEV

RNS Number : 0776I

Barratt Developments PLC

14 June 2017

 
 For filings with the FCA include the 
  annex 
 For filings with issuer exclude the 
  annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                     Barratt Developments PLC 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
----------------------------------------------------------------  ------------------------------------------------------ 
 2 Reason for the notification (please tick the appropriate box or boxes): 
------------------------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                                   X 
--------------------------------------------------------------------  -------------------------------------------------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
--------------------------------------------------------------------  -------------------------------------------------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
--------------------------------------------------------------------  -------------------------------------------------- 
 An event changing the breakdown of voting rights 
--------------------------------------------------------------------  -------------------------------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------  --------  -------------------------------------------------- 
 3. Full name of person(s) subject                                         The Capital Group Companies, Inc. 
  to the 
  notification obligation: (iii) 
------------------------------------------------------------  ---------------------------------------------------------- 
 4. Full name of shareholder(s)                                                      See Section 9 
  (if different from 3.):(iv) 
------------------------------------------------------------  ---------------------------------------------------------- 
 5. Date of the transaction and date                                                 12 June 2017 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------------------------  ---------------------------------------------------------- 
 6. Date on which issuer notified:                                                   14 June 2017 
------------------------------------------------------------  ---------------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                          Below 5 % - Aggregate of voting rights 
  or                                                                                        from shares 
  reached: (vi, vii) 
------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type             Situation previous                Result situation after the triggering transaction 
  of                     to the triggering 
  shares                 transaction 
 
  if possible 
  using 
  the ISIN CODE 
---------------------  --------------------------------  ----------------------------------------------------------------- 
                        Number           Number           Number         Number of voting        % of voting rights 
                         of               of               of shares      rights                  (x) 
                         Shares           Voting 
                                          Rights 
---------------------  ---------------  ---------------  -------------  ----------------------  -------------------------- 
                                                          Direct         Direct     Indirect     Direct        Indirect 
                                                                         (xi)        (xii) 
---------------------      -----------    -----------    -------------  ---------  -----------  ------------  ------------ 
   Ordinary Shares 
 (ISIN: GB0000811801)     52,910,986       52,910,986                               48,033,420                   4.7700% 
---------------------  ---------------  ---------------  -------------  ---------  -----------  ------------  ------------ 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial          Expiration     Exercise/                       Number of voting          % of voting 
  instrument                 date (xiii)    Conversion Period               rights that may           rights 
                                            (xiv)                           be 
                                                                            acquired if the 
                                                                            instrument is 
                                                                            exercised/ converted. 
-------------------------  -------------  ------------------------------  ------------------------  ---------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Exercise       Expiration     Exercise/        Number of voting          % of voting rights 
  instrument               price         date (xvii)    Conversion        rights instrument         (xix, xx) 
                                                        period            refers to 
                                                        (xviii) 
-----------------------  -------------  -------------  ---------------  ------------------------  ------------------------ 
                                                                                                   Nominal       Delta 
-----------------------  -------------  -------------  ---------------  ------------------------  ------------  ---------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                    Percentage of voting rights 
---------------------------------------------------------  --------------------------------------------------------------- 
                        48,033,420                                                     4.7700% 
---------------------------------------------------------  --------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------------------------------- 
 
                                                          Number of      Percent of 
                                                            Shares       Outstanding 
    The Capital Group Companies, Inc. ("CG") 
     holdings                                             48,033,420      4.7700% 
 
    Holdings by CG Management Companies and Funds: 
   ---------------------------------------------------  -------------  ------------- 
    -- Capital Research and Management Company(1) 
 (1) Subsidiary of The Capital Group Companies, Inc. 
-------------------------------------------------------------------------------------------------------------------- 
 Proxy Voting: 
-------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
---------------------------------------------------------------------------------  --------------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
---------------------------------------------------------------------------------  --------------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
---------------------------------------------------------------------------------  --------------------------------- 
 
 
  13. Additional information: 
---------------------------------------------------------------------------------  --------------------------------- 
 14. Contact name:                                                                  Tina Bains, Company Secretary of 
                                                                                        Barratt Developments PLC 
---------------------------------------------------------------------------------  --------------------------------- 
 15. Contact telephone number:                                                                01530 278278 
---------------------------------------------------------------------------------  --------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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