Morgan Stanley & Co. LLC, an exempt principal trader, has released a public dealing disclosure related to Barratt Developments plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, outlines the key information and dealings undertaken. The form indicates that on 16 July 2024, the exempt principal trader engaged in both purchases and sales of 10p ordinary shares of Barratt Developments plc. The highest price per unit paid for the purchases was 4.9903 GBP, while the lowest price per unit paid was 4.9517 GBP. The sales were made at the same price range.
The disclosure also states that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow. The form further provides details of indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Additionally, it specifies that there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure concludes with the contact information for Craig Horsley, including a telephone number for further inquiries. It also emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and provides the contact information for the Panel's Market Surveillance Unit for consultation regarding the Code's dealing disclosure requirements.
This public dealing disclosure by Morgan Stanley & Co. LLC provides insight into the recent transactions involving Barratt Developments plc's securities, offering transparency and compliance with regulatory requirements.