Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.66% of the 10p ordinary shares. The disclosure, made on 2nd April 2024, includes 6,414,464 cash-settled derivatives. The disclosed dealings involve an increase in long positions through equity swaps, with various quantities and prices per unit.
The disclosure by Qube Research & Technologies Limited provides insight into their interests and short positions in Barratt Developments PLC. It is important to note that all interests and short positions have been disclosed, as required by Rule 8.3 of the Takeover Code.
The detailed breakdown of the cash-settled derivative transactions indicates the nature of the dealings, such as increasing long positions, along with the quantity and price per unit for each equity swap. This information offers transparency regarding Qube Research & Technologies Limited's recent activities related to Barratt Developments PLC's securities.
The disclosure is in compliance with the regulatory requirements, providing clarity on the ownership and control of relevant securities, as well as the nature of the dealings undertaken. This transparency is essential for maintaining the integrity of the market and ensuring fair practices in the trading of securities.