HSBC Global Asset Management (UK) PLC has disclosed a 1.24% stake in Barratt Developments plc, as of 12th August 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. HSBC Global Asset Management (UK) PLC revealed that it owns and/or controls 12,126,683 relevant securities of Barratt Developments plc.
Additionally, HSBC Global Asset Management (UK) PLC also disclosed dealings in Barratt Developments plc's securities, including the sale of 1063 10p ordinary shares at a price of 524.4825024 per unit. The disclosure also stated that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure did not include any supplemental form for open positions and was made to a Regulatory Information Service. The contact person for the disclosure is Steven Styles, with a provided telephone number for further inquiries.
This disclosure provides insight into HSBC Global Asset Management (UK) PLC's stake in Barratt Developments plc and its recent dealings with the company's securities, offering transparency to the market and investors.