UBS Asset Management has disclosed its position in Barratt Developments PLC, stating that it holds 1.23% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that UBS Asset Management owns 11,940,835 relevant securities of Barratt Developments PLC. The disclosure also includes details of recent dealings, with UBS Asset Management selling 38,347 ordinary shares at a price of 4.756 GBP per unit.
The disclosure provides a breakdown of UBS Asset Management's interests and short positions in Barratt Developments PLC, as well as information on cash-settled and stock-settled derivative transactions. It also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure, dated 2nd April 2024, is in compliance with the requirements of Rule 8 of the Code and has been made to a Regulatory Information Service, as well as emailed to the Takeover Panel. The contact person for the disclosure is Mr. Richard Howard, whose telephone number is provided for further inquiries.
This disclosure provides transparency regarding UBS Asset Management's position in Barratt Developments PLC, offering insights into the ownership and dealings of relevant securities, as well as ensuring compliance with regulatory requirements.