Morgan Stanley Europe SE has disclosed its position in Barratt Developments plc in accordance with Rule 8.5 of the Takeover Code. The disclosure, dated 13th August 2024, outlines the exempt principal trader's interests and short positions in the relevant securities of Barratt Developments plc. The form indicates that there were no relevant securities owned or controlled, no cash-settled derivatives, and no stock-settled derivatives following the dealing. Additionally, there were no rights to subscribe for new securities.
The form also details the dealings by the exempt principal trader, including purchases and sales of 10p ordinary shares of Barratt Developments plc. It shows that there were both sales and purchases of 134,132 securities, with the highest price per unit paid for purchases at 5.2660 GBP and the lowest price per unit paid for purchases at 5.1447 GBP. For sales, the highest price per unit received was 5.2454 GBP, and the lowest price per unit received was 5.1344 GBP.
Furthermore, the disclosure states that there were no cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, such as subscribing for new securities. The form also confirms that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure concludes with the confirmation that no Supplemental Form 8 (Open Positions) is attached, and it provides the contact name and telephone number for further inquiries. The form emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and that the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.