UBS Asset Management has disclosed its position in Barratt Developments PLC, as of 31st May 2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that UBS Asset Management owns and/or controls 1.26% of the relevant securities of Barratt Developments PLC, amounting to 12,306,761 shares. Additionally, the disclosure includes details of recent dealings, with UBS Asset Management purchasing 106,350 ordinary shares and selling 467,691 ordinary shares.
The disclosure also outlines that UBS Asset Management holds no cash-settled derivatives or stock-settled derivatives related to Barratt Developments PLC. Furthermore, the report states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides insight into UBS Asset Management's position and recent dealings with Barratt Developments PLC, offering transparency and information to the market and investors. It is a regulatory requirement under the Takeover Code and contributes to the overall transparency and integrity of the financial markets.