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, outlines the key information regarding the dealings undertaken. The exempt principal trader, Morgan Stanley & Co. LLC, conducted both sales and purchases of the 10p ordinary shares of Barratt Developments plc on 8th July 2024. The sales involved 4,912 securities at a price ranging from 5.0380 GBP to 5.0380 GBP, while the purchases also comprised 4,912 securities at a price of 5.0634 GBP per unit.
The disclosure also indicates that Morgan Stanley & Co. LLC is making disclosures in respect of another party to this offer, Redrow plc. The document further includes details of indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made on 9th July 2024, and the contact person for the disclosure is Craig Horsley, with a telephone number provided for further inquiries.
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements.