Peel Hunt LLP, an exempt principal trader, released a public dealing disclosure related to Barratt Developments PLC. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, pertains to dealings undertaken on 28 May 2024. The transactions involved purchases and sales of ordinary shares, with 120,137 shares purchased at a price ranging from 505.00 GBx to 514.89 GBx, and 95,308 shares sold at a price between 505.16 GBx and 514.76 GBx.
The disclosure also includes information on cash-settled derivative transactions, stock-settled derivative transactions, and other dealings, providing details on the nature of dealing and price per unit, where applicable. Notably, the disclosure indicates that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure was made on 29 May 2024, and the contact person for further information is Josh Kampen, reachable at +44 (0) 20 7418 8900. It is highlighted that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and emailed to the Takeover Panel at [email protected]. The Panel's Market Surveillance Unit is also available for consultation regarding the Code's dealing disclosure requirements at +44 (0)20 7638 0129.