HSBC Global Asset Management (UK) PLC has disclosed a 1.28% interest in Barratt Developments plc, representing 12,445,193 ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of the relevant securities owned and controlled by HSBC Global Asset Management. The disclosure also includes information about recent dealings, such as the sale of 6,626 10p ordinary shares at a price of 459.989827950498 per unit on 2nd May 2024.
The disclosure does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
For further information, the contact person listed is Sam Andrews, with a provided telephone number. Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.
This disclosure provides insight into HSBC Global Asset Management's position in Barratt Developments plc and their recent dealings with the company's securities, offering transparency in line with regulatory requirements.