Holding(s) in Company

RNS Number : 5428E

Barratt Developments PLC

22 December 2009

 



TR-1: notification of major interests in shares 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	BARRATT DEVELOPMENTS PLC
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		N/A
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		N/A
An event changing the breakdown of voting rights		N/A
Other (please specify):		N/A
3. Full name of person(s) subject to the notification obligation:	LEGAL & GENERAL GROUP PLC (L&G)
4. Full name of shareholder(s) (if different from 3.):	LEGAL & GENERAL ASSURANCE (PENSIONS MANAGEMENT) LIMITED (PMC)
5. Date of the transaction and date on which the threshold is crossed or reached:	18 DECEMBER 2009
6. Date on which issuer notified:	21 DECEMBER 2009
7. Threshold(s) that is/are crossed or reached:	L&G (From 5% to 6%)

8. Notified details:
A: Voting rights attached to shares
Class/type of shares   if possible using the ISIN CODE		Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
		Number of Shares	Number of Voting Rights viii	Number of shares	Number of voting rights ix		% of voting rights
					Direct  x	Indirect xi	Direct	Indirect
ORDINARY GBP 0.10		49,838,130 (As on 03/12/09)		59,096,345	59,096,345		6.12%

B: Financial Instruments
Resulting situation after the triggering transaction xii
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period/ Date xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction xii
Type of financial instrument	Expiration price xiii	Expiration date xvii	Exercise/ Conversion Period xviii	Number of voting rights instrument refers to	% of voting rights xix xx
N/A					Nominal	Delta

Total (A+B+C)
Number of voting rights	% of voting rights
59,096,345	6.12%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xxi:

Legal & General Group Plc (Direct and Indirect) (Group) (73,540,211 - 7.61% = Total Position) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (73,540,211 - 7.61% = Total Position) Legal & General Investment Management Limited (Indirect) (LGIM) (73,540,211 - 7.61% = Total Position) Legal & General Group Plc (Direct) (L&G) (59,096,345 - 6.12% = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited        Legal & General Insurance Holdings Limited (Direct) (Direct) (LGIMHD) (32,743,301 - 3.39% = PMC)            (LGIH) Legal & General Assurance (Pensions Management) Limited        Legal & General Assurance Society Limited (LGAS &  (PMC) (32,743,301 - 3.39% = PMC)                LGPL)                                                                                                           Legal & General Pensions (Direct) (LGPL)

Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	Notification using total voting rights figure of 965,159,775
14. Contact name:	Mr Laurence Dent Group General Counsel & Company Secretary of Barratt Developments PLC
15. Contact telephone number:	01530 278278

Notes to the Forms 

 

END

 

 

HOLUUSRRKSRUUAA