HSBC Global Asset Management (UK) PLC has disclosed a 1.27% stake in Barratt Developments plc, as of 5th July 2024. The disclosure was made in accordance with Rule 8.3 of the Takeover Code. HSBC Global Asset Management (UK) PLC owns and/or controls 12,373,410 relevant securities of Barratt Developments plc. Additionally, the disclosure includes details of purchases of 10p ordinary shares of Barratt Developments plc, with 22,464 securities purchased at 509.1 per unit and 310 securities purchased at 504 per unit.
The disclosure also indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Furthermore, no supplemental Form 8 (Open Positions) is attached to the disclosure.
This disclosure provides insight into HSBC Global Asset Management's significant stake in Barratt Developments plc and its recent purchase of ordinary shares in the company. It offers transparency in line with regulatory requirements and contributes to a better understanding of the ownership and control of relevant securities in Barratt Developments plc.