HSBC Global Asset Management (UK) PLC has disclosed a 1.28% interest in Barratt Developments plc as of May 31, 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure includes the number of relevant securities owned and/or controlled, as well as details of purchases and sales of 10p ordinary shares. The disclosure also indicates that HSBC Global Asset Management is making disclosures in respect of another party to the offer.

The disclosure further reveals that HSBC Global Asset Management has engaged in sales and purchases of 10p ordinary shares, with specific quantities and prices per unit listed. The form also includes information on cash-settled derivative transactions and stock-settled derivative transactions, including options. Additionally, it states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives to be disclosed.

This disclosure provides insight into HSBC Global Asset Management's position in Barratt Developments plc, offering transparency regarding their interests and dealings with relevant securities. It serves as a regulatory requirement under the Takeover Code, ensuring that relevant stakeholders are informed about significant holdings and transactions involving the company's securities.