Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.64% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 6,246,583 cash-settled derivatives in Barratt Developments PLC. The disclosure also mentions dealings with Redrow PLC.
The disclosed dealings by Qube Research & Technologies Limited in Barratt Developments PLC include a series of cash-settled derivative transactions involving the purchase of a significant number of 10p ordinary shares at various prices per unit, ranging from 481.70 GBp to 494.70 GBp. These transactions involve increasing a long position in the 10p ordinary shares of Barratt Developments PLC.
The disclosure provides a comprehensive overview of Qube Research & Technologies Limited's interests and short positions in Barratt Developments PLC, as well as the details of the recent dealings in the company's securities. This information is crucial for investors and market participants to understand the current market activities and positions of significant stakeholders in Barratt Developments PLC.