Barclays Capital Securities LTD has disclosed its position in Barratt Developments PLC, as of 10th June 2024, in accordance with Rule 8.5 of the Takeover Code. The exempt principal trader revealed that it holds 13,101,709 (1.34%) relevant securities of Barratt Developments PLC, with 4,657,808 (0.48%) in short positions. Additionally, the trader has cash-settled derivatives and has engaged in various purchase and sale transactions of the 10p ordinary shares.
The disclosed dealings include the purchase of 694,051 10p ordinary shares at prices ranging from 4.9611 GBP to 5.0240 GBP per unit and the sale of 1,086,859 10p ordinary shares at prices ranging from 4.9620 GBP to 5.0240 GBP per unit. Furthermore, the trader has engaged in numerous cash-settled derivative transactions, including closing short positions and decreasing/increasing long and short positions through CFDs and SWAPs.
This disclosure provides insight into the trading activities and positions held by Barclays Capital Securities LTD in relation to Barratt Developments PLC. It offers a comprehensive overview of the exempt principal trader's interests, short positions, and dealings, contributing to the transparency of the market and compliance with regulatory requirements.