Morgan Stanley & Co. LLC, an exempt principal trader, has made a public dealing disclosure in relation to Barratt Developments plc. The disclosure, made under Rule 8.5 of the Takeover Code, includes key information such as the date of dealing undertaken, details of purchases and sales of relevant securities, and other relevant information.
On 21 August 2024, Morgan Stanley & Co. LLC conducted sales and purchases of 41,356 10p ordinary shares of Barratt Developments plc. The highest price per unit paid for the sales was 5.4476 GBP, while the lowest price per unit received was 5.4300 GBP. For the purchases, the highest price per unit paid was 5.4573 GBP, and the lowest price per unit received was 5.4475 GBP.
The disclosure also confirms that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow plc. Additionally, the form includes information about indemnity and other dealing arrangements, as well as agreements, arrangements, or understandings relating to options or derivatives, all of which are stated as "none."
The disclosure was made on 22 August 2024, and the contact person for the disclosure is Craig Horsley, who can be reached at +44 141 245-7736. 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.
This disclosure provides insight into the recent dealings of Morgan Stanley & Co. LLC in relation to Barratt Developments plc, offering transparency and compliance with regulatory requirements.