Qube Research & Technologies Limited has disclosed its position in Barratt Developments PLC, a UK-based home construction company. The disclosure, made in accordance with Rule 8.3 of the Takeover Code, indicates that Qube Research & Technologies Limited holds 0.64% of the relevant securities in Barratt Developments PLC. The disclosure also includes details of cash-settled derivative transactions, with a breakdown of the number of securities and the price per unit in GBp.
The disclosure also mentions that Qube Research & Technologies Limited is making disclosures in respect of another party to the offer, Redrow PLC. The form provides a comprehensive breakdown of the interests and short positions in the relevant securities of Barratt Developments PLC, as well as details of any open stock-settled derivative positions.
The detailed breakdown of cash-settled derivative transactions includes the nature of dealing, such as opening/closing a long/short position and increasing/reducing a long/short position, along with the number of securities and the exercise price per unit in GBp. This information provides a clear overview of Qube Research & Technologies Limited's dealings in the relevant securities of Barratt Developments PLC.
The disclosure by Qube Research & Technologies Limited offers valuable insights into the company's position and dealings with Barratt Developments PLC, providing transparency and relevant information for stakeholders and investors.