Peel Hunt LLP, an exempt principal trader, has disclosed its dealings in Barratt Developments PLC's securities in accordance with Rule 8.5 of the Takeover Code. The disclosure, dated 31 May 2024, includes details of purchases and sales of ordinary shares, with the highest price per unit paid at 503.74 GBx and the lowest at 490.60 GBx. The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure provides transparency regarding Peel Hunt LLP's transactions involving Barratt Developments PLC's securities, specifically the purchases and sales of ordinary shares. The information is in compliance with the regulatory requirements outlined in Rule 8 of the Takeover Code. For further details, the disclosure has been made to a Regulatory Information Service and emailed to the Takeover Panel, as per the Code's dealing disclosure requirements.
The disclosure, made by Peel Hunt LLP, serves to provide relevant information to the market and stakeholders about the trading activities related to Barratt Developments PLC's securities. It ensures transparency and adherence to regulatory standards, contributing to the integrity and efficiency of the market. The absence of indemnity or other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives, further underscores the transparency and compliance with regulatory requirements.
In conclusion, Peel Hunt LLP's public dealing disclosure regarding Barratt Developments PLC's securities offers insight into the trading activities involving the company's ordinary shares. The disclosure aligns with the regulatory standards set forth in the Takeover Code, promoting transparency and market integrity.