Societe Generale SA has disclosed its position in Barratt Developments plc, as of May 1, 2024, in accordance with Rule 8.3 of the Takeover Code. The disclosure reveals that Societe Generale SA owns and/or controls 9,620,084 relevant securities, representing 0.99% of the total, and holds cash-settled derivatives and stock-settled derivatives. Additionally, the disclosure includes details of recent purchases and sales of Barratt Developments plc's 10p ordinary shares, along with cash-settled derivative transactions.
The disclosure also indicates that Societe Generale SA has reduced a short position through a cash-settled derivative transaction involving 20,270 reference securities at a price of 4.534 GBP per unit. Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, and no agreements, arrangements, or understandings relating to options or derivatives.
This disclosure provides valuable insight into Societe Generale SA's interests and short positions in Barratt Developments plc, offering transparency and clarity regarding its dealings with the company's securities.