Millennium International Management LP has disclosed a 0.032% interest in Barratt Developments plc, representing 313,824 cash-settled derivatives and 7,634,093 short positions. The disclosure was made on 24th May 2024. Additionally, the disclosure includes dealings in various equity swap transactions related to Barratt Developments plc's 10p ordinary shares.
The disclosed interest and short positions are in compliance with Rule 8.3 of the Takeover Code. The disclosure also mentions that Millennium International Management LP is making disclosures in respect of another party to the offer, Redrow plc.
The detailed breakdown of the equity swap transactions includes both increasing and reducing short positions, with varying quantities and prices per unit in GBP. The transactions range from reducing short positions by 3 shares at 5.10 GBP per unit to increasing short positions by 49,918 shares at 5.09 GBP per unit.
The disclosure provides a comprehensive overview of Millennium International Management LP's interests, short positions, and dealings related to Barratt Developments plc. It offers transparency regarding the ownership and control of relevant securities, in adherence to the regulatory requirements.