UBS Securities LLC, an exempt principal trader, disclosed its position in Barratt Developments Plc on August 20, 2024. The disclosure, made under Rule 8.5 of the Takeover Code, revealed that UBS Securities LLC holds no relevant securities of Barratt Developments Plc. However, it has a short position of 782,302 securities, which accounts for 0.08% of the total. The disclosure also included details of recent dealings by UBS Securities LLC in Barratt Developments Plc's common stock.
The disclosed dealings by UBS Securities LLC in Barratt Developments Plc's common stock include purchases and sales. The total number of securities purchased was 33,420, with the highest and lowest price per unit paid being 5.5200 GBP. On the other hand, the total number of securities sold was 115,425, with the highest and lowest price per unit received being 5.5400 GBP.
The disclosure also stated that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between UBS Securities LLC and any other party. Additionally, no supplemental form was attached to the disclosure.
The disclosure was made to a Regulatory Information Service and emailed to the Takeover Panel, as required by Rule 8 of the Code. The contact person for the disclosure is Richard Howard, with a provided telephone number for further inquiries.
This disclosure provides insight into UBS Securities LLC's position and recent dealings in Barratt Developments Plc, offering transparency in line with regulatory requirements.