Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.44% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of cash-settled derivatives amounting to 4,242,865 securities. The disclosure also mentions dealings with Redrow PLC. The disclosed dealings include purchases and sales of 10p ordinary shares, along with cash-settled derivative transactions involving equity swaps to increase a long position in various quantities at different price points.
The disclosure provides a comprehensive overview of Qube Research & Technologies Limited's interests and short positions in Barratt Developments PLC. It includes details of the relevant securities owned and controlled, as well as cash-settled derivatives. The disclosure also outlines the nature of the dealings, such as increasing a long position through equity swaps at various price points. Additionally, it mentions the date of the position held and dealings undertaken, providing a clear snapshot of the disclosed information.
The disclosure by Qube Research & Technologies Limited offers transparency regarding its interests and dealings related to Barratt Developments PLC. It adheres to the regulatory requirements outlined in Rule 8.3 of the Takeover Code, providing a detailed account of the relevant securities and derivative transactions. This disclosure serves to inform stakeholders and the market about the positions and dealings of Qube Research & Technologies Limited in relation to Barratt Developments PLC, contributing to transparency and regulatory compliance in the financial markets.