HSBC Global Asset Management (UK) PLC has disclosed a 1.28% interest in Barratt Developments plc, representing 12,451,819 ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of the relevant securities owned and controlled, as well as recent dealings. The disclosure also indicates the absence of indemnity or other dealing arrangements and agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 2nd May 2024.
The disclosure includes information about the purchase and sale of 664 10p ordinary shares at a price of 458.8 per unit. It also outlines the absence of any cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, such as subscribing for new securities. Additionally, there are no attachments to the disclosure.
The disclosure provides a comprehensive overview of HSBC Global Asset Management's position in Barratt Developments plc, offering transparency and insight into the company's interests and recent dealings. This information is crucial for investors and market participants to understand the ownership and trading activities related to Barratt Developments plc's securities.