HSBC Global Asset Management (UK) PLC has disclosed a 1.34% interest in Barratt Developments plc as of May 30, 2024. The disclosure, made under Rule 8.3 of the Takeover Code, includes the ownership of 13,014,552 relevant securities. The disclosure also details recent dealings, including the sale of 10p ordinary shares at various prices per unit. The form also indicates that HSBC Global Asset Management is making disclosures in respect of another party to the offer.
The form does not include any indemnity or other dealing arrangements, and there are no agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form is attached to the disclosure.
The disclosure provides insight into HSBC Global Asset Management's position in Barratt Developments plc, offering transparency in line with regulatory requirements.