HSBC Global Asset Management (UK) PLC has disclosed a 1.28% stake in Barratt Developments plc, representing 12,458,754 ordinary shares. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. The disclosure also includes details of recent dealings, with the purchase of 3493 ordinary shares at a price of 454.64 per unit.
The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form 8 (open positions) is attached to the disclosure.
This disclosure provides insight into HSBC Global Asset Management's recent stake in Barratt Developments plc and its recent dealings with the company's securities. It offers transparency in line with regulatory requirements and contributes to the overall understanding of the company's ownership and trading activities.