Morgan Stanley & Co. International plc, an exempt principal trader, has disclosed its dealings with Barratt Developments Plc. The transactions, which took place on 21 August 2024, involved both purchases and sales of Barratt's 10p ordinary shares. The highest price per unit paid for the shares was 5.5260 GBP, while the lowest price per unit paid was 5.4296 GBP. Additionally, there were cash-settled derivative transactions, including increasing and reducing long and short positions.
The purchases and sales of Barratt's 10p ordinary shares by Morgan Stanley & Co. International plc amounted to 9,275,891 and 16,313,983 securities, respectively. The highest price per unit paid for the shares was 5.5260 GBP, and the lowest price per unit paid was 5.4296 GBP. Furthermore, there were purchases of 582,015 securities at 7.0986 USD per unit.
In terms of cash-settled derivative transactions, Morgan Stanley & Co. International plc engaged in various activities, including increasing long positions for different quantities of reference securities at prices ranging from 5.4298 GBP to 5.5099 GBP. They also increased short positions for various quantities of reference securities at prices ranging from 5.4300 GBP to 5.5107 GBP. Additionally, they reduced a long position for 582,015 securities at 5.4300 GBP per unit.
These dealings provide insight into the recent activities involving Barratt Developments Plc's securities and the involvement of Morgan Stanley & Co. International plc as an exempt principal trader.