Morgan Stanley & Co. LLC, an exempt principal trader, has made a public dealing disclosure in relation to Barratt Developments plc. The disclosure, released on 19th June 2024, includes key information such as the date of dealing undertaken, details of purchases and sales of relevant securities, and other relevant information.
The dealings by the exempt principal trader include both purchases and sales of 10p ordinary shares of Barratt Developments plc. The total number of securities involved in both purchases and sales is 95,901, with the highest price per unit paid/received at 4.9198 GBP and the lowest price per unit paid/received at 4.8952 GBP.
The disclosure also states that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow plc. However, no details of cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, including subscribing for new securities, are provided in the disclosure.
Furthermore, the disclosure mentions that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other person.
The contact person for this disclosure is Craig Horsley, and the telephone number provided for public disclosures under Rule 8 of the Code is +44 141 245-7736. It is also noted that the Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements.
This disclosure provides insight into the recent dealings by Morgan Stanley & Co. LLC in relation to Barratt Developments plc, offering transparency and compliance with the regulatory requirements.