Morgan Stanley & Co. International plc, an exempt principal trader, has disclosed dealings related to the replacement of Redrow plc with Barratt Developments PLC. The disclosed dealings include purchases and sales of Redrow plc's 10.5p ordinary shares, as well as cash-settled derivative transactions. The purchases and sales of the 10.5p ordinary shares were made at varying prices per unit, with the highest price per unit paid being 6.6500 GBP and the lowest price per unit received being 6.5198 GBP.
The cash-settled derivative transactions involved increasing and reducing long and short positions, with varying numbers of reference securities and prices per unit. Additionally, the disclosure indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other person.
The disclosure was made on 5th April 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 on +44 (0)20 7638 0129.