Qube Research & Technologies Limited has disclosed its position in Barratt Developments PLC, representing 0.63% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of interests and short positions in the relevant securities. The disclosure also mentions dealings with cash-settled derivative transactions, including the nature of dealing and the number of securities involved.
The disclosure indicates that Qube Research & Technologies Limited has cash-settled derivatives amounting to 6,112,071 securities, representing 0.63% of the relevant securities. The transactions include increasing a long position in 10p ordinary shares through equity swaps at various prices per unit, ranging from 492.40 GBp to 672 GBp.
The disclosure also mentions that Qube Research & Technologies Limited is making disclosures in respect of another party to the offer, Redrow PLC. The form provides a comprehensive overview of the positions and dealings by Qube Research & Technologies Limited in relation to Barratt Developments PLC, offering transparency in its interests and short positions in the company's securities.
This disclosure provides valuable insights into the ownership and control of relevant securities, as well as the nature of dealings by Qube Research & Technologies Limited in Barratt Developments PLC. It offers a clear view of the company's position and transactions, contributing to a better understanding of the market dynamics and the interests of significant stakeholders in Barratt Developments PLC.