The Form 8.3 disclosure by Millennium International Management LP on May 9, 2024, reveals their interests and short positions in Barratt Developments plc. The disclosure indicates that Millennium International Management LP holds a 0.039% interest in cash-settled derivatives and a 0.755% short position in the relevant securities of Barratt Developments plc. The disclosure also includes details of equity swap transactions, such as increasing and reducing short positions, along with the number of reference securities and price per unit in GBP.
The disclosure provides a comprehensive overview of Millennium International Management LP's positions and dealings related to Barratt Developments plc's securities. It offers insights into the ownership and control of interests, short positions, and cash-settled derivatives, shedding light on the nature of the dealings, including the increase and reduction of short positions through equity swap transactions.
The disclosure is a crucial regulatory requirement that offers transparency regarding the ownership and control of relevant securities, providing investors and stakeholders with valuable information about the positions and dealings of significant entities like Millennium International Management LP in relation to Barratt Developments plc. This information can be vital for market participants and analysts in understanding the dynamics of the company's securities and the actions of major stakeholders.