BNP Paribas SA has disclosed its position in Barratt Developments plc, as of 22nd May 2024, in accordance with Rule 8.3 of the Takeover Code. BNP Paribas SA holds 1.53% of the relevant securities of Barratt Developments plc, with 2.24% in cash-settled derivatives. The disclosure also includes details of purchases and sales of the relevant securities, as well as cash-settled derivative transactions. The transactions were conducted at a price of 4.9960 GBP per unit.
The disclosure provides a comprehensive overview of BNP Paribas SA's interests and short positions in Barratt Developments plc, including the number and percentage of relevant securities owned and controlled, as well as cash-settled derivatives. The detailed breakdown of purchases and sales, along with cash-settled derivative transactions, offers insight into the recent dealings related to Barratt Developments plc's securities.
The information presented in the disclosure is in compliance with the regulatory requirements outlined in Rule 8.3 of the Takeover Code, providing transparency regarding BNP Paribas SA's position in Barratt Developments plc. The disclosed data enables stakeholders to understand the extent of BNP Paribas SA's involvement with Barratt Developments plc and the recent transactions related to the company's securities.
Overall, the disclosure by BNP Paribas SA offers a clear and detailed account of its interests, short positions, and recent dealings in relation to Barratt Developments plc, providing valuable information for investors and market participants.