UBS Securities LLC, an exempt principal trader, has disclosed its position in Barratt Developments Plc in accordance with Rule 8.5 of the Takeover Code. The disclosure, released on 17th April 2024, outlines the key information, positions, and dealings by the exempt principal trader.
The disclosure indicates that UBS Securities LLC holds no interests in the relevant securities of Barratt Developments Plc following the dealing. However, it holds short positions amounting to 655,758 securities, which represent 0.07% of the total. The disclosure also details the purchases and sales of common stock by UBS Securities LLC, with 889 securities bought and 500 securities sold.
Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between UBS Securities LLC and any other party. Additionally, no supplemental form is attached to the disclosure.
The release concludes with the contact information for Richard Howard and the regulatory requirements for public disclosures under Rule 8 of the Code.
In summary, the disclosure by UBS Securities LLC provides a comprehensive overview of its position and dealings in Barratt Developments Plc, in compliance with the Takeover Code.