Qube Research & Technologies Limited has disclosed a position in Barratt Developments PLC, representing 0.61% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of interests and short positions in the relevant securities. Qube Research & Technologies Limited also disclosed dealings in cash-settled derivative transactions, including increasing a long position through equity swaps at various prices per unit.
The disclosure indicates that Qube Research & Technologies Limited has no relevant securities owned and/or controlled, but holds 5,983,163 cash-settled derivatives, representing 0.61% of the relevant securities. The disclosed dealings in cash-settled derivative transactions involve increasing a long position through equity swaps at different prices per unit for 10p ordinary shares.
The disclosure provides a comprehensive overview of Qube Research & Technologies Limited's interests, short positions, and dealings in relation to Barratt Developments PLC. It offers insights into the ownership and control of relevant securities, as well as the nature of the derivative transactions undertaken by the disclosing entity.