Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.42% of the company's 10p ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 4,129,474 cash-settled derivatives in Barratt Developments PLC. The disclosed dealings include various equity swap transactions, with Qube Research & Technologies Limited increasing its long position in Barratt Developments PLC at different price points.
The disclosure also mentions that Qube Research & Technologies Limited is making disclosures in respect of another party to the offer, Redrow PLC. The form provides detailed information about the number and percentage of relevant securities owned and/or controlled, as well as the cash-settled derivatives held by Qube Research & Technologies Limited in relation to Barratt Developments PLC.
The disclosed dealings by Qube Research & Technologies Limited in Barratt Developments PLC's 10p ordinary shares include a series of equity swap transactions, each involving an increase in a long position at various price points. The transactions range from 1 to 7245 securities, with prices per unit ranging from 535.00 GBp to 7245.00 GBp. This comprehensive disclosure provides a clear overview of Qube Research & Technologies Limited's position and dealings in Barratt Developments PLC.