Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.53% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 5,146,503 cash-settled derivatives in Barratt Developments PLC. The disclosure also mentions dealings with Redrow PLC. The disclosed dealings include various equity swap transactions, both increasing and decreasing long positions, with different quantities and prices per unit.
The disclosure provides detailed information about the interests and short positions held by Qube Research & Technologies Limited in Barratt Developments PLC. It includes the number and percentage of relevant securities owned or controlled, as well as cash-settled derivatives. Additionally, it outlines the nature of the dealings, such as increasing or decreasing long positions through equity swap transactions, along with the corresponding quantities and prices per unit.
The disclosure by Qube Research & Technologies Limited offers transparency regarding its position in Barratt Developments PLC, providing insights into the ownership and control of relevant securities, as well as the nature of the dealings undertaken. This information is essential for regulatory compliance and market transparency, allowing stakeholders to understand the dynamics of ownership and trading activities related to Barratt Developments PLC.