Millennium International Management LP has disclosed its position in Barratt Developments plc, as of 24th May 2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Millennium International Management LP holds 313,824 cash-settled derivatives, representing 0.032% of the total, and 7,634,093 short positions, amounting to 0.783% of the total. The disclosure also includes details of various equity swap transactions involving increasing and reducing short positions in Barratt Developments plc's 10p ordinary shares.
The disclosure provides a comprehensive overview of Millennium International Management LP's interests and short positions in Barratt Developments plc's securities. It includes the date of the position held and the nature of the dealings, such as opening or closing a long/short position and increasing or reducing a short position. The disclosure also specifies the number of reference securities and the price per unit in GBP for each equity swap transaction.
The information presented in the disclosure is in compliance with the regulatory requirements for public opening position disclosure and dealing disclosure by a person with interests in relevant securities representing 1% or more. The details provided offer transparency regarding Millennium International Management LP's holdings and dealings related to Barratt Developments plc, contributing to the overall understanding of the market activities involving the company's securities.
Overall, the disclosure by Millennium International Management LP sheds light on its significant position in Barratt Developments plc and the various transactions involving the company's securities. This information is valuable for investors, analysts, and other stakeholders seeking insights into the ownership and trading activities related to Barratt Developments plc's securities.