Millennium International Management LP has made a public opening position disclosure and dealing disclosure in relation to Barratt Developments plc. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Millennium International Management LP holds cash-settled derivatives in Barratt Developments plc, representing 0.023% of the total relevant securities. Additionally, the disclosure includes details of equity swap transactions, both increasing and reducing short positions in Barratt Developments plc.
The disclosure provides a breakdown of the cash-settled derivative transactions, including the product description, nature of dealing, number of reference securities, and price per unit in GBP. The transactions involve increasing and reducing short positions in Barratt Developments plc, with various quantities and prices per unit. The disclosure also emphasizes the importance of disclosing all interests and short positions.
The disclosure by Millennium International Management LP is in compliance with the regulatory requirements, providing transparency about their dealings and positions in Barratt Developments plc. This information is crucial for investors and market participants to understand the dynamics of relevant securities and the activities of significant stakeholders in the company.