Millennium International Management LP has disclosed a 0.039% interest in Barratt Developments plc, representing 376,022 cash-settled derivatives and a 0.755% short position with 7,362,500 cash-settled derivatives. The disclosure also includes details of equity swap transactions, such as increasing and reducing short positions, with various quantities and prices per unit in GBP.
The disclosure provides a comprehensive overview of Millennium International Management LP's positions and dealings related to Barratt Developments plc's securities. It includes the date of the position held and dealing undertaken, as well as the nature of the rights concerned and relevant percentages. The detailed breakdown of the cash-settled derivative transactions and equity swap activities offers insight into the specific actions taken by the disclosing party.
This Form 8.3 disclosure is a regulatory requirement under Rule 8.3 of the Takeover Code, providing transparency regarding significant interests and dealings in relevant securities. It serves to inform stakeholders and the public about the ownership and control of securities, as well as the nature of derivative transactions and their impact on the disclosed party's positions in Barratt Developments plc.