Morgan Stanley & Co. International plc has disclosed its dealings with Barratt Developments plc, as of 14th August 2024. The transactions include purchases and sales of Barratt's 10p ordinary shares, with a total of 2,059,785 securities purchased and 3,283,181 securities sold. The highest price per unit paid for the purchases was 5.4921 GBP, while the lowest price per unit paid was 5.3431 GBP. Additionally, there were cash-settled derivative transactions involving increasing long and short positions for various quantities of Barratt's 10p ordinary shares, with prices ranging from 5.3431 GBP to 5.4559 GBP.
These dealings are in compliance with Rule 8.5 of the Takeover Code and are part of Morgan Stanley & Co. International plc's activities as an exempt principal trader with recognized intermediary status dealing in a client-serving capacity. It's important to note that the disclosed transactions are specific to Morgan Stanley & Co. International plc and do not represent the entirety of market activity related to Barratt Developments plc.
This disclosure provides insight into the recent trading activities involving Barratt Developments plc's securities and the involvement of Morgan Stanley & Co. International plc in these transactions. It offers a snapshot of the market dynamics and the investment activities surrounding Barratt Developments plc's shares.