Qube Research & Technologies Limited has disclosed its position in Barratt Developments PLC, as of 24th June 2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 0.68% of the total relevant securities in Barratt Developments PLC through cash-settled derivatives. The disclosure also mentions that Qube Research & Technologies Limited is making disclosures in respect of another party to the offer, Redrow PLC.
The disclosure further details the dealings made by Qube Research & Technologies Limited in Barratt Developments PLC's 10p ordinary shares. It includes a series of cash-settled derivative transactions, such as equity swaps, where Qube Research & Technologies Limited increased its long position in the company by acquiring various numbers of securities at different prices per unit, ranging from 473.10 GBp to 477.70 GBp.
The disclosure provides a comprehensive overview of Qube Research & Technologies Limited's interests, short positions, and dealings related to Barratt Developments PLC, offering insights into the company's recent activities and positions in the relevant securities.