Morgan Stanley & Co. International plc, an exempt principal trader, has released a public dealing disclosure related to Barratt Developments plc. The disclosure, in accordance with Rule 8.5 of the Takeover Code, outlines key information such as the date of dealing undertaken, details of purchases and sales, and cash-settled derivative transactions.
On 24th May 2024, Morgan Stanley & Co. International plc conducted purchases and sales of Barratt Developments plc's 10p ordinary shares. The total number of securities involved in the purchases amounted to 996,733, with the highest price per unit paid at 5.1160 GBP and the lowest at 5.0171 GBP. In sales, 1,416,167 securities were involved, with the highest price per unit received at 5.1180 GBP and the lowest at 5.0080 GBP. Additionally, there were purchases of 4,584 securities at 5.9861 EUR per unit.
The disclosure also includes details of cash-settled derivative transactions. It lists numerous instances of increasing and reducing long and short positions, along with the number of reference securities and the price per unit for each transaction. The transactions involve a significant number of 10p ordinary shares and a range of prices per unit.
The information provided in the disclosure offers insights into the recent dealings and transactions involving Barratt Developments plc's securities by Morgan Stanley & Co. International plc. It provides a comprehensive overview of the purchases, sales, and derivative transactions, including the quantities involved and the prices per unit paid or received. This disclosure is essential for investors and market participants to understand the recent trading activities related to Barratt Developments plc's securities.