BNP Paribas SA has disclosed its position in Barratt Developments plc, as per Rule 8.3 of the Takeover Code. The disclosure, dated 23rd May 2024, reveals that BNP Paribas SA owns and/or controls 1.57% of the relevant securities of Barratt Developments plc. Additionally, they hold cash-settled derivatives and have made several purchases and sales of the relevant securities. The disclosed dealings include both purchases and sales of the GB0000811801 securities at a price of 5.0680 GBP per unit.
Furthermore, BNP Paribas SA has engaged in cash-settled derivative transactions, including increasing long positions and increasing short positions. The disclosed stock-settled derivative transactions involve writing, purchasing, selling, and varying options related to the relevant securities.
The disclosure provides detailed information about BNP Paribas SA's interests, short positions, and dealings in Barratt Developments plc. It offers insights into the ownership and control of relevant securities, as well as the nature of derivative transactions. This disclosure is in compliance with the regulatory requirements outlined in Rule 8.3 of the Takeover Code.