Morgan Stanley & Co. International plc has disclosed its dealings with Barratt Developments Plc, as per the Rule 8.5 of the Takeover Code. The transactions, dated 16 May 2024, include purchases and sales of 10p ordinary shares. The purchases totaled 2,315,601 securities, with the highest price per unit paid at 5.1944 GBP and the lowest at 5.0920 GBP. Additionally, there were sales of 1,156,893 securities at prices ranging from 5.1945 GBP to 5.0998 GBP, as well as a smaller sale of 7,040 securities at 6.0484 EUR.
Furthermore, the form details cash-settled derivative transactions, including increasing and reducing long and short positions for 10p ordinary shares. The transactions involved various quantities and prices per unit, with a mix of increasing and reducing positions for both long and short positions.
The disclosed dealings by Morgan Stanley & Co. International plc provide insight into the recent trading activities involving Barratt Developments Plc's securities. These transactions may indicate the company's current position and potential future strategies.