Morgan Stanley & Co. International plc recently disclosed its dealings with Barratt Developments plc, as per Rule 8.5 of the Takeover Code. The transactions, which took place on 30th May 2024, involved purchases and sales of Barratt's 10p ordinary shares. The highest price per unit paid for the sales was 5.0380 GBP, while the lowest was 4.9250 GBP. On the other hand, the purchases were made at a range of prices, including 5.0420 GBP and 4.9248 GBP, as well as 5.9098 EUR.
Additionally, Morgan Stanley & Co. International plc engaged in cash-settled derivative transactions related to Barratt's 10p ordinary shares. These transactions included increasing and reducing long and short positions, with various quantities and prices per unit. For instance, the company increased long positions with quantities ranging from 662 to 476,101 and prices per unit from 5.0123 GBP to 5.0306 GBP. Similarly, it reduced long positions with quantities ranging from 1 to 476,101 and prices per unit from 4.9250 GBP to 5.0310 GBP. Moreover, it reduced short positions with quantities ranging from 3 to 30,233 and prices per unit from 5.0123 GBP to 5.0151 GBP.
This disclosure provides insight into Morgan Stanley & Co. International plc's recent dealings with Barratt Developments plc, shedding light on the purchases, sales, and cash-settled derivative transactions involving Barratt's 10p ordinary shares.