Barclays Capital Securities Ltd has disclosed its position in Barratt Developments PLC as of 10th July 2024. The disclosure, made under Rule 8.5 of the Takeover Code, reveals that Barclays Capital Securities Ltd holds 1.13% of the relevant securities of Barratt Developments PLC. Additionally, the disclosure includes details of cash-settled derivative transactions and purchase/sale of securities by Barclays Capital Securities Ltd.
The disclosure indicates that Barclays Capital Securities Ltd owns and/or controls 11,023,368 relevant securities of Barratt Developments PLC, which accounts for 1.13% of the total. The company also holds cash-settled derivatives and has engaged in various purchase and sale transactions of the 10p ordinary shares of Barratt Developments PLC.
The details of the purchase and sale transactions show that Barclays Capital Securities Ltd purchased 1,398,572 10p ordinary shares at a price ranging from 4.7640 GBP to 5.0259 GBP and sold 1,564,820 10p ordinary shares at a price ranging from 4.7640 GBP to 4.9120 GBP.
The disclosure also includes a comprehensive list of cash-settled derivative transactions, including opening long, decreasing short, increasing long, and increasing short positions, along with the corresponding number of reference securities and price per unit.
This disclosure provides valuable insight into the position and dealings of Barclays Capital Securities Ltd in relation to Barratt Developments PLC, offering transparency and clarity regarding the company's interests and short positions in the relevant securities.