UBS Securities LLC, an exempt principal trader, has disclosed its position and dealings with Barratt Developments plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, includes key information such as the date of the position held and dealing undertaken, as well as details of interests and short positions in the relevant securities of Barratt Developments plc.
The disclosure indicates that UBS Securities LLC currently holds no interests in the relevant securities of Barratt Developments plc, with no relevant securities owned and/or controlled. However, the disclosure shows a short position of 913,388 relevant securities, amounting to 0.09%. Additionally, the form outlines the purchases and sales of common stock by UBS Securities LLC, with details of the total number of securities, highest and lowest price per unit paid/received, and the nature of the dealings.
Furthermore, the form includes information on cash-settled derivative transactions, stock-settled derivative transactions, and other dealings, providing a comprehensive overview of UBS Securities LLC's activities in relation to Barratt Developments plc. The disclosure also confirms that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The form concludes with details of the disclosure date, contact information, and the requirement for public disclosures under Rule 8 of the Code. It emphasizes that disclosures must be made to a Regulatory Information Service and emailed to the Takeover Panel, with additional contact information provided for consultation regarding the Code's dealing disclosure requirements.
In summary, the disclosure by UBS Securities LLC provides a transparent overview of its position and dealings with Barratt Developments plc, in compliance with the regulatory requirements of the Takeover Code.