Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.85% of the company's 10p ordinary shares. The disclosure includes 8,323,347 cash-settled derivatives. The transactions involve increasing and decreasing long positions through equity swaps, with varying quantities and prices per unit. The disclosed dealings were undertaken on 1st May 2024.
The disclosure is in accordance with Rule 8.3 of the Takeover Code, which requires public opening position disclosure/dealing disclosure by a person with interests in relevant securities representing 1% or more. Qube Research & Technologies Limited has made this disclosure in relation to Barratt Developments PLC.
The detailed breakdown of the disclosed positions and transactions provides insight into the recent activities and interests of Qube Research & Technologies Limited in Barratt Developments PLC. This information is crucial for investors and market analysts to understand the current market dynamics and the positions of significant stakeholders in the company.