The Form 8.3 disclosure by Qube Research & Technologies Limited reveals their interests and short positions in Barratt Developments PLC. As of 11-04-2024, they have no relevant securities owned or controlled, but hold 6,298,851 cash-settled derivatives, representing 0.65%. The disclosure also includes details of their dealings, such as increasing a long position through equity swaps for various quantities of 10p ordinary shares at different prices per unit.
This disclosure is in compliance with Rule 8.3 of the Takeover Code, which requires the disclosure of positions and dealings in relevant securities representing 1% or more. It provides transparency about the ownership and control of securities, as well as any derivative transactions related to the offeror or offeree, in this case, Barratt Developments PLC.
The information presented in the disclosure is crucial for investors and market participants to understand the positions and dealings of significant stakeholders in Barratt Developments PLC. It offers insights into the market activity and the interests of various entities in the company's securities, contributing to a more transparent and informed market environment.