HSBC Global Asset Management (UK) PLC has disclosed a 1.28% interest in Barratt Developments plc, representing 12,430,448 ordinary shares. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of the relevant securities owned and controlled, as well as recent dealings. The disclosure also indicates the purchase and sale of 10p ordinary shares, with 2371 shares sold at a price of 490.8930831 per unit.
The disclosure does not include any indemnity or option arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no supplemental form for open positions is attached to the disclosure.
The disclosure provides transparency regarding HSBC Global Asset Management (UK) PLC's position in Barratt Developments plc, offering insights into their recent dealings and interests in the company's securities. This information is crucial for investors and market participants to understand the ownership and trading activities of significant stakeholders in Barratt Developments plc.