Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.77% 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 by Qube Research & Technologies Limited, including cash-settled derivative transactions involving an increase in long positions.
The disclosure indicates that as of 28-05-2024, Qube Research & Technologies Limited holds 7,489,018 cash-settled derivatives representing 0.77% of the relevant securities of Barratt Developments PLC. The transactions detailed in the disclosure involve equity swaps for increasing long positions in 10p ordinary shares at various prices per unit.
The disclosure provides a comprehensive overview of Qube Research & Technologies Limited's interests, short positions, and dealings related to Barratt Developments PLC. It offers insights into the ownership and control of relevant securities, as well as the nature of the transactions undertaken. The information is in compliance with the requirements of Rule 8.3 of the Takeover Code, ensuring transparency in the disclosure of positions and dealings by relevant parties in the securities of Barratt Developments PLC.