BARRATT DEVELOPMENTS PLC - Qube Research & Technologies Limited Discloses Position Details

Qube Research & Technologies Limited has disclosed its position in Barratt Developments PLC, representing 0.43% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of cash-settled derivative transactions, with a significant number of equity swap transactions for increasing and decreasing long positions. The disclosed dealings were carried out on 12-08-2024. Additionally, the disclosure mentions that Qube Research & Technologies Limited is also making disclosures in respect of Redrow PLC.

The disclosure provides a comprehensive breakdown of Qube Research & Technologies Limited's interests and short positions in Barratt Developments PLC. It includes the number and percentage of relevant securities owned and/or controlled, as well as cash-settled derivatives. The detailed information on equity swap transactions, including the nature of dealing and the number of securities involved, offers a clear view of the disclosed positions.

The disclosed dealings by Qube Research & Technologies Limited in Barratt Developments PLC's securities primarily consist of cash-settled derivative transactions, specifically equity swap transactions. These transactions involve both increasing and decreasing long positions, with a significant number of securities and various exercise prices per unit. The disclosed dealings provide a transparent view of Qube Research & Technologies Limited's recent activities related to Barratt Developments PLC's securities.

The disclosure by Qube Research & Technologies Limited offers valuable insights into the company's positions and dealings with Barratt Developments PLC. It provides a detailed overview of the ownership and control of relevant securities, as well as the nature and extent of cash-settled derivative transactions. The comprehensive breakdown of equity swap transactions, including the number of securities and prices per unit, contributes to a clear understanding of Qube Research & Technologies Limited's disclosed dealings with Barratt Developments PLC.