Morgan Stanley & Co. International plc has released a Form 8.5 (EPT/RI) public dealing disclosure related to Barratt Developments plc. The report details the dealings undertaken on 16th April 2024. The transactions include both purchases and sales of the 10p ordinary shares of Barratt Developments plc. The highest price per unit paid for sales was 4.5262 GBP, while the lowest was 4.4756 GBP. On the other hand, the highest price per unit paid for purchases was 4.5320 GBP, and the lowest was 4.4710 GBP. Additionally, there were cash-settled derivative transactions involving increasing long and short positions.
The report provides a comprehensive breakdown of the cash-settled derivative transactions, including the nature of dealing, the number of reference securities, and the price per unit. The transactions involve a significant number of shares and a wide range of prices, indicating substantial trading activity by Morgan Stanley & Co. International plc in relation to Barratt Developments plc. The disclosure is in accordance with Rule 8.5 of the Takeover Code, and it offers insights into the recent trading activities and positions taken by the exempt principal trader.
This public dealing disclosure is a crucial piece of information for investors and market analysts, as it sheds light on the trading behavior and positions adopted by a major financial institution in relation to Barratt Developments plc. It provides valuable data for those monitoring the company's stock and market performance, as well as for those interested in understanding the dynamics of trading activities in the context of the company's securities.