Qube Research & Technologies Limited has disclosed its position in Barratt Developments PLC, as of 28-06-2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 0.54% in cash-settled derivatives of Barratt Developments PLC. The disclosure also mentions that Qube Research & Technologies Limited is making disclosures in respect of another party to the offer, Redrow PLC.
The disclosure further details the dealings made by Qube Research & Technologies Limited, including the purchase of a significant number of securities and the nature of the dealings, such as increasing a long position through equity swaps. The prices per unit for these transactions are also provided.
This disclosure provides insight into the position of Qube Research & Technologies Limited in Barratt Developments PLC, shedding light on their interests and short positions, as well as their recent dealings. It offers valuable information for those monitoring the activities and positions of major stakeholders in Barratt Developments PLC.