Millennium International Management LP has disclosed its position in Barratt Developments plc, stating that it holds 0.026% in cash-settled derivatives and 0.352% in short positions. The disclosure also includes details of various equity swap transactions, including reducing and increasing short positions in Barratt Developments plc. The disclosed information is in compliance with Rule 8.3 of the Takeover Code.
The disclosure provides a snapshot of Millennium International Management LP's interests and short positions in Barratt Developments plc as of 24th June 2024. It is important to note that all interests and short positions have been disclosed as required by the regulations.
The detailed breakdown of the cash-settled derivative transactions and the nature of dealings, such as reducing and increasing short positions, offers transparency regarding Millennium International Management LP's activities related to Barratt Developments plc's securities. This information is crucial for regulatory compliance and market transparency.
The disclosure also mentions that Millennium International Management LP is making disclosures in respect of another party, Redrow plc, indicating its involvement with multiple entities in the market. This demonstrates the complexity and diversity of the firm's investment activities within the relevant securities market.
Overall, the Form 8.3 disclosure by Millennium International Management LP provides a comprehensive overview of its positions and dealings in Barratt Developments plc, offering transparency and insight into its activities related to the company's securities.