Qube Research & Technologies Limited has made an amendment to its position disclosure for Barratt Developments PLC. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 0.85% of the relevant securities in Barratt Developments PLC through cash-settled derivatives. The disclosure also mentions dealings with Redrow PLC.
The disclosure provides detailed information about the interests and short positions held by Qube Research & Technologies Limited in Barratt Developments PLC. It includes the number and percentage of relevant securities owned or controlled, as well as cash-settled derivatives. The disclosure also outlines the rights to subscribe for new securities.
Additionally, the disclosure lists the details of the dealings made by Qube Research & Technologies Limited, including purchases and sales of the 10p ordinary shares of Barratt Developments PLC. It specifies the number of securities and the price per unit for each transaction, along with the nature of the dealing, such as increasing a long position through equity swaps.
Overall, the disclosure by Qube Research & Technologies Limited provides a comprehensive overview of its interests, short positions, and dealings related to Barratt Developments PLC, offering transparency in accordance with the regulatory requirements.