HSBC Global Asset Management (UK) PLC has disclosed a 1.28% stake in Barratt Developments plc, as of 3rd June 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. HSBC Global Asset Management (UK) PLC revealed that it owns and/or controls 12,483,440 relevant securities of Barratt Developments plc. Additionally, the disclosure includes details of purchases of 10p ordinary shares of Barratt Developments plc, with 16,778 securities purchased at a price of 504.8 per unit and 18,241 securities purchased at the same price.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental Form 8 (Open Positions) is attached to the disclosure. The contact person for this disclosure is Steven Styles, with a provided telephone number.
This disclosure provides insight into HSBC Global Asset Management's stake in Barratt Developments plc, offering transparency in line with regulatory requirements. It also sheds light on the recent purchases of 10p ordinary shares of Barratt Developments plc by HSBC Global Asset Management.