Qube Research & Technologies Limited has disclosed its position in Barratt Developments PLC, as of 16-05-2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 0.81% of the relevant securities in Barratt Developments PLC through cash-settled derivatives. The disclosure also mentions that the entity is making disclosures in respect of another party to the offer, Redrow PLC.
The disclosure further details the dealings made by Qube Research & Technologies Limited, including purchases and sales of 10p ordinary shares, as well as cash-settled derivative transactions. The transactions involve increasing a long position in Barratt Developments PLC through equity swaps, with varying numbers of securities and prices per unit.
This disclosure provides insight into the position held by Qube Research & Technologies Limited in Barratt Developments PLC, offering transparency regarding its interests and dealings in the company's relevant securities.