HSBC Global Asset Management (UK) PLC has disclosed a 1.27% stake in Barratt Developments plc, as of 12th April 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. HSBC Global Asset Management revealed that it owns and/or controls 12,414,854 relevant securities of Barratt Developments plc. Additionally, the disclosure includes details of purchases and sales of 10p ordinary shares, with 7,721 securities purchased at a price of 457.766014764927 per unit.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental form 8 (open positions) is attached to the disclosure. The contact person for this disclosure is Sam Andrews, with a provided telephone number for further consultation.
This disclosure provides insight into HSBC Global Asset Management's stake in Barratt Developments plc and its recent dealings with the company's securities, offering transparency in line with regulatory requirements.