UBS Securities LLC, an exempt principal trader, has disclosed its position in Barratt Developments plc. The disclosure, made under Rule 8.5 of the Takeover Code, indicates that as of 8th August 2024, the trader had no interests in the relevant securities of Barratt Developments plc. The disclosure also includes details of any dealings by the exempt principal trader, which, in this case, involved a purchase of one common stock at a price of 5.1500 GBP per unit.
The disclosure further states that there were no cash-settled derivative transactions, stock-settled derivative transactions, or other dealings by the exempt principal trader. Additionally, the disclosure mentions that there were no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure concludes with administrative details, including the absence of a Supplemental Form 8 (Open Positions) and the contact information for Richard Howard at UBS Securities LLC. It also emphasizes the requirement for public disclosures under Rule 8 of the Code to be made to a Regulatory Information Service and emailed to the Takeover Panel.
This disclosure provides transparency regarding UBS Securities LLC's position and dealings related to Barratt Developments plc, in compliance with the regulatory requirements of the Takeover Code.