Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.46% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 4,483,050 cash-settled derivatives in Barratt Developments PLC. The disclosure also mentions dealings with Redrow PLC.
The disclosed dealings by Qube Research & Technologies Limited include a series of cash-settled derivative transactions involving increasing a long position in 10p ordinary shares of Barratt Developments PLC at various prices per unit, ranging from 543.20 GBp to 549.60 GBp. The transactions involve a significant number of securities, with the highest being 8897.
The disclosure provides a comprehensive overview of Qube Research & Technologies Limited's interests and short positions in Barratt Developments PLC, as well as the details of the recent dealings. It offers valuable insights into the current market activities and positions of significant stakeholders in Barratt Developments PLC.