Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.87% of the relevant securities. The disclosure includes 8,453,498 cash-settled derivatives. The disclosed dealings involve increasing a long position through equity swaps for various quantities of 10p ordinary shares at different prices per unit. The disclosed information is in compliance with Rule 8.3 of the Takeover Code.
The disclosure provides a detailed breakdown of the interests and short positions in the relevant securities, as well as the dealings undertaken by Qube Research & Technologies Limited. It is important to note that all interests and short positions have been disclosed as required.
The disclosed dealings involve a series of cash-settled derivative transactions, specifically equity swaps, where Qube Research & Technologies Limited has increased its long position in 10p ordinary shares of Barratt Developments PLC at various price points per unit. The disclosed information is comprehensive and in line with the regulatory requirements.
This disclosure by Qube Research & Technologies Limited provides transparency regarding its position and dealings in Barratt Developments PLC, offering valuable insights into the ownership and control of relevant securities. The detailed breakdown of the disclosed interests, short positions, and dealings contributes to a comprehensive understanding of the company's position in Barratt Developments PLC.