Societe Generale SA has disclosed its position in Barratt Developments plc, as of 12th April 2024, in compliance with Rule 8.3 of the Takeover Code. The disclosure reveals that Societe Generale SA owns and/or controls 4,906,359 relevant securities, representing 0.50%, and holds cash-settled derivatives and short positions. Additionally, the disclosure includes details of purchases and sales of 10p ordinary shares, with varying quantities and prices per unit in GBP.
The disclosure also mentions that Societe Generale SA is making disclosures in respect of another party to the offer, Redrow plc. The detailed breakdown of the purchases and sales of 10p ordinary shares provides insight into the recent dealings by Societe Generale SA in relation to Barratt Developments plc.
This disclosure provides transparency regarding Societe Generale SA's interests, short positions, and recent dealings in Barratt Developments plc. It offers valuable information for investors and market analysts to understand the current position and activities of a significant shareholder in the company.