Qube Research & Technologies Limited has disclosed its position in Barratt Developments PLC, representing 0.6% of the company's relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of cash-settled derivatives amounting to 5,881,731 securities. The disclosed dealings involve an increase in long positions through equity swaps, with various quantities and prices per unit for 10p ordinary shares.
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 breakdown of the interests and short positions in the relevant securities, as well as details of any open stock-settled derivative positions or agreements to purchase or sell relevant securities.
The disclosed dealings by Qube Research & Technologies Limited involve a series of purchases through equity swaps, each indicating an increase in a long position for 10p ordinary shares of Barratt Developments PLC. The quantities and prices per unit for these transactions vary, with a range of 58 to 890 securities and prices ranging from 476.10 GBp to 485.90 GBp per unit.
This disclosure provides insight into Qube Research & Technologies Limited's recent dealings and positions in Barratt Developments PLC, offering transparency in line with regulatory requirements.