HSBC Global Asset Management (UK) PLC has disclosed a position in Barratt Developments plc, representing 1.28% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership and control of 12,428,966 10p Ordinary shares of Barratt Developments plc as of 25th April 2024. The disclosure also includes details of purchases and sales of the 10p Ordinary shares, with 745 shares sold at a price of 455.1 per unit and 27,454 shares sold at a price of 455.994106505427 per unit.
The disclosure does not include any indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.
The disclosure provides transparency regarding HSBC Global Asset Management's position in Barratt Developments plc, in accordance with the regulatory requirements of the Takeover Code. This information is crucial for investors and market participants to understand the ownership and control of relevant securities by significant entities, contributing to market transparency and informed decision-making.