Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.67% of the 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates ownership and control of 6,541,853 cash-settled derivatives. The transactions involved increasing a long position through equity swaps, with various quantities and prices per unit.
The disclosure provides detailed information about the interests and short positions in Barratt Developments PLC's relevant securities. It also includes the date of the position held and the dealing undertaken, which was on 15-04-2024. The form specifies that all interests and short positions should be disclosed, and any open stock-settled derivative positions or agreements to purchase or sell relevant securities should be given on a Supplemental Form 8 (Open Positions).
The disclosure by Qube Research & Technologies Limited offers insights into the company's holdings and dealings with Barratt Developments PLC's securities. It provides transparency regarding the ownership and control of relevant securities, contributing to a better understanding of the market dynamics and the company's position within it. This information is valuable for investors and market analysts seeking to assess the market activity and the interests of significant stakeholders in Barratt Developments PLC.