Qube Research & Technologies Limited has made a public opening position disclosure and dealing disclosure in relation to Barratt Developments PLC. The disclosure includes information about the interests and short positions in the relevant securities of Barratt Developments PLC, as well as details of dealings made by the disclosing party.
Qube Research & Technologies Limited has disclosed that they have a 0.54% interest in Barratt Developments PLC through cash-settled derivatives, amounting to 5,226,201 securities. The disclosure also includes details of cash-settled derivative transactions, such as equity swaps, indicating an increase in long positions through various transactions at different prices per unit.
Additionally, the disclosure mentions that Qube Research & Technologies Limited is making disclosures in respect of another party to the offer, Redrow PLC. However, specific details regarding this disclosure are not provided in the news release.
The disclosure provides a comprehensive overview of Qube Research & Technologies Limited's interests, short positions, and dealings related to Barratt Developments PLC, in compliance with Rule 8.3 of the Takeover Code. It offers valuable insights into the ownership and control of relevant securities, as well as the nature of the dealings undertaken by the disclosing party.
This disclosure is essential for investors and market participants as it sheds light on the significant interests and dealings in relevant securities of Barratt Developments PLC, contributing to transparency and regulatory compliance within the financial markets.