Morgan Stanley & Co. International plc has released a public dealing disclosure related to Barratt Developments plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, provides key information about the dealings undertaken by the exempt principal trader. The dealings include purchases and sales of the 10p ordinary shares of Barratt Developments plc, with details of the total number of securities, highest and lowest price per unit paid/received, and cash-settled derivative transactions.
The disclosure indicates that Morgan Stanley & Co. International plc has engaged in both purchases and sales of Barratt Developments plc's 10p ordinary shares. The total number of securities involved in the sales amounted to 900,420, with the highest price per unit paid at 4.6815 GBP and the lowest price per unit received at 4.6460 GBP. On the other hand, the purchases of 10p ordinary shares totaled 639,986, with the highest price per unit paid at 4.6860 GBP and the lowest price per unit received at 4.6410 GBP. Additionally, there were cash-settled derivative transactions involving the 10p ordinary shares, with details of increasing and reducing long and short positions, along with the corresponding price per unit.
The disclosure provides a comprehensive overview of the dealings by Morgan Stanley & Co. International plc in relation to Barratt Developments plc. It offers specific details about the transactions, including the number of securities involved, prices per unit, and the nature of the dealings. This information is essential for stakeholders and investors to understand the trading activities related to Barratt Developments plc's securities and the involvement of Morgan Stanley & Co. International plc as an exempt principal trader.