BNP Paribas SA has disclosed its position in Barratt Developments plc, as per Rule 8.3 of the Takeover Code. As of 9th April 2024, BNP Paribas SA holds 1.12% of the relevant securities of Barratt Developments plc, with 10,934,259 securities owned and/or controlled. Additionally, they have cash-settled derivatives amounting to 0.27% and stock-settled derivatives of 0%. The disclosure also includes details of dealings in the relevant securities, including purchases and sales, as well as cash-settled derivative transactions.
The disclosed dealings in the relevant securities of Barratt Developments plc include both purchases and sales. The prices per unit for these transactions were consistently at 4.6560 GBP. Furthermore, BNP Paribas SA has engaged in cash-settled derivative transactions, involving opening and closing long/short positions, as well as increasing and reducing long/short positions. The prices per unit for these derivative transactions were also at 4.6560 GBP.
This disclosure provides insight into BNP Paribas SA's interests and short positions in Barratt Developments plc, offering transparency regarding their holdings and dealings in the company's securities. It is a regulatory requirement under the Takeover Code and contributes to the overall understanding of the market dynamics related to Barratt Developments plc.