Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.83% 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 disclosure also indicates that Qube Research & Technologies Limited has no relevant securities owned or controlled.
The disclosure provides insight into the recent dealings by Qube Research & Technologies Limited in Barratt Developments PLC's securities. It includes a detailed breakdown of cash-settled derivative transactions, specifying the nature of the dealings, the number of securities involved, and the price per unit. The disclosure indicates a series of transactions involving equity swaps, all of which are aimed at increasing a long position in the 10p ordinary shares of Barratt Developments PLC.
This disclosure by Qube Research & Technologies Limited offers transparency into their recent activities related to Barratt Developments PLC's securities. It provides valuable information for investors and market participants interested in understanding the dynamics of the company's stock and the positions taken by significant stakeholders. The detailed breakdown of the derivative transactions offers a comprehensive view of Qube Research & Technologies Limited's recent dealings in Barratt Developments PLC's securities, shedding light on their investment strategies and positions in the company.