Morgan Stanley & Co. LLC, an exempt principal trader, has released a public dealing disclosure related to Barratt Developments plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, includes key information such as the date of dealing undertaken, details of purchases and sales of relevant securities, and other relevant information. The disclosure also confirms that the exempt principal trader is connected with Barratt Developments Plc, and is making disclosures in respect of another party to this offer, Redrow plc.
The disclosure outlines the purchases and sales of unsponsored ADR (American Depositary Receipt) securities, with details of the total number of securities, highest and lowest price per unit paid/received, and the nature of the transactions. It also includes information on cash-settled derivative transactions and stock-settled derivative transactions, along with details of any indemnity or other dealing arrangements.
The disclosure concludes with contact information and regulatory requirements. It emphasizes that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and provides contact details for the Panel's Market Surveillance Unit for consultation in relation to the Code's dealing disclosure requirements.
This public dealing disclosure provides transparency and insight into the trading activities related to Barratt Developments plc, in line with regulatory requirements and standards set by the Takeover Code.