Qube Research & Technologies Limited has disclosed its position in Barratt Developments PLC, representing 0.46% of the relevant securities. The disclosure, made under Rule 8.3 of the Takeover Code, includes details of cash-settled derivatives amounting to 4,486,831 securities. The disclosed dealings involve an increase in long positions through equity swaps, with varying numbers of securities and prices per unit.
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, as well as details of any open stock-settled derivative positions.
The disclosed dealings in cash-settled derivative transactions include a series of increasing long positions through equity swaps, with varying numbers of securities and exercise prices per unit. The transactions involve a significant number of 10p ordinary shares and provide insight into Qube Research & Technologies Limited's recent activities related to Barratt Developments PLC.
The disclosure offers a detailed overview of Qube Research & Technologies Limited's current position and dealings in Barratt Developments PLC, providing valuable information for stakeholders and investors interested in the company's securities.