Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.64% of the 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates ownership and control of 6,285,330 cash-settled derivatives. The disclosed dealings include a series of equity swap transactions, each increasing a long position in the 10p ordinary shares at various prices per unit.
The disclosure provides detailed information about the interests and short positions held by Qube Research & Technologies Limited in Barratt Developments PLC. It also outlines the nature of the dealings, specifically the purchase and sale of relevant securities, as well as the specific equity swap transactions and their respective quantities and prices per unit.
The disclosure is in compliance with the regulatory requirements for public opening position disclosure and dealing disclosure by a person with interests in relevant securities representing 1% or more. It offers transparency regarding the ownership and control of securities, as well as the nature of the derivative transactions undertaken by Qube Research & Technologies Limited in relation to Barratt Developments PLC.