Morgan Stanley & Co. LLC has released a public dealing disclosure related to Barratt Developments plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, provides key information about the dealings undertaken by the exempt principal trader. The form outlines the details of purchases and sales of relevant securities, including the total number of securities, highest and lowest price per unit paid/received, and the nature of the transactions. The disclosure also confirms that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow plc.
The form further includes information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Additionally, it specifies that there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 7th May 2024, and contact information for further inquiries is provided.
This public dealing disclosure by Morgan Stanley & Co. LLC offers transparency regarding their dealings in relation to Barratt Developments plc, providing insights into the transactions and any associated arrangements or understandings. It serves to inform stakeholders and the market about the trading activities involving the relevant securities of Barratt Developments plc.