Sand Grove Capital Management LLP has made a public opening position disclosure regarding Barratt Developments plc. The disclosure, released on 10th April 2024, provides key information about the interests and short positions in the relevant securities of Barratt Developments plc held by Sand Grove Capital Management LLP. The disclosure includes details of the relevant securities owned and controlled, as well as cash-settled derivatives. It also outlines the rights to subscribe for new securities and any dealings by the person making the disclosure.
Sand Grove Capital Management LLP, as the Investment Manager or Discretionary Sub-Advisor, has disclosed its interests and short positions in the 10p ordinary shares of Barratt Developments plc. The disclosure indicates that Sand Grove Capital Management LLP holds 6,212,328 cash-settled derivatives, representing 0.64% of the total. Additionally, it details the nature of the dealings, including purchases, sales, and derivative transactions, such as increasing short positions.
The disclosure also includes information about any indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives. In this case, there are no such agreements, arrangements, or understandings. The disclosure concludes with contact information and confirms that no supplemental form is attached.
This Form 8.3 disclosure by Sand Grove Capital Management LLP provides a comprehensive overview of its interests, short positions, and dealings related to Barratt Developments plc, in compliance with Rule 8.3 of the Takeover Code.