HSBC Global Asset Management (UK) PLC has disclosed a 1.31% stake in Barratt Developments plc, as of 15th May 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. HSBC Global Asset Management (UK) PLC owns and/or controls 12,814,102 relevant securities of Barratt Developments plc. Additionally, the disclosure includes details of purchases and sales of 10p ordinary shares, with 226,795 securities purchased at a price of 508.532414915232 per unit.
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 for further inquiries.
This disclosure provides insight into HSBC Global Asset Management's stake in Barratt Developments plc and their recent dealings with the company's securities, offering transparency in line with regulatory requirements.