Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.66% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes cash-settled derivatives totaling 6,408,683 securities. The disclosed dealings involve an increase in long positions through equity swaps, with various quantities and prices per unit for 10p ordinary shares.
The disclosure also mentions Redrow PLC, indicating that the discloser is making disclosures in respect of this party to the offer. The form provides detailed information about the interests and short positions in the relevant securities, as well as the rights to subscribe for new securities, specifying the class of relevant security and relevant percentages.
The disclosed dealings by Qube Research & Technologies Limited involve a series of cash-settled derivative transactions, specifically equity swaps, with varying quantities and prices per unit for 10p ordinary shares. The transactions include increasing long positions through multiple equity swaps, each with a different quantity and price per unit.
This disclosure provides insight into the positions and dealings of Qube Research & Technologies Limited in relation to Barratt Developments PLC, offering transparency regarding their interests, short positions, and rights to subscribe for new securities.