Qube Research & Technologies Limited has disclosed a 1.05% interest in Barratt Developments PLC, as of 21-08-2024. The disclosure was made under Rule 8.3 of the Takeover Code. Qube Research & Technologies Limited has reported cash-settled derivatives of 10,244,767 shares, representing 1.05% of the total relevant securities. The disclosure also includes details of increasing long positions through equity swap transactions for various quantities of 10p ordinary shares at different price points.
The disclosure does not indicate any relevant securities owned or controlled by Qube Research & Technologies Limited, apart from the cash-settled derivatives. Additionally, the disclosure mentions that Qube Research & Technologies Limited is making disclosures in respect of another party to the offer, Redrow PLC.
The disclosed information provides insights into Qube Research & Technologies Limited's interests and short positions in Barratt Developments PLC, offering transparency in line with regulatory requirements.