Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.85% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of cash-settled derivative transactions, with a significant number of equity swaps increasing a long position. The disclosed dealings were undertaken on 26-04-2024. The disclosure provides a comprehensive overview of the interests and short positions held by the entity in Barratt Developments PLC.
The disclosure by Qube Research & Technologies Limited sheds light on their ownership and control of relevant securities, specifically the 10p ordinary shares of Barratt Developments PLC. The detailed breakdown of interests and short positions, along with the specifics of cash-settled derivative transactions, offers transparency regarding the entity's dealings in relation to Barratt Developments PLC.
The disclosed dealings, including the nature of the transactions and the number of securities involved, provide a clear insight into Qube Research & Technologies Limited's recent activities related to Barratt Developments PLC. The disclosure serves as a valuable source of information for investors and market participants interested in understanding the dynamics of relevant securities and the positions held by significant entities like Qube Research & Technologies Limited.
Overall, the disclosure by Qube Research & Technologies Limited regarding their position in Barratt Developments PLC offers a detailed and informative view of their interests and dealings, contributing to the transparency and understanding of the market dynamics related to Barratt Developments PLC's securities.