Barclays Capital Securities LTD, an exempt principal trader, disclosed its position in Barratt Developments PLC on May 8, 2024. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, revealed that the exempt principal trader holds 1.43% of the relevant securities of Barratt Developments PLC, amounting to 13,943,562 shares. Additionally, the trader holds cash-settled derivatives and has short positions in the company.
The disclosed dealings by the exempt principal trader include both purchases and sales of 10p ordinary shares of Barratt Developments PLC. The highest price per unit paid for a purchase was 4.9089 GBP, while the lowest price per unit paid was 4.8630 GBP. On the other hand, the highest price per unit received for a sale was 4.9100 GBP, and the lowest price per unit received was 4.8620 GBP.
Furthermore, the disclosure includes a detailed list of cash-settled derivative transactions, including the nature of dealing, number of reference securities, and price per unit. The transactions involve both increasing and decreasing long and short positions in the 10p ordinary shares of Barratt Developments PLC.
The disclosure provides a comprehensive overview of Barclays Capital Securities LTD's interests, short positions, and dealings related to Barratt Developments PLC. It offers valuable insights into the trading activities and positions held by the exempt principal trader in relation to the company.