Morgan Stanley & Co. LLC, an exempt principal trader, has disclosed dealings in Barratt Developments plc securities in accordance with Rule 8.5 of the Takeover Code. The dealings were undertaken on 14 June 2024 and involved both sales and purchases of the 10p ordinary shares of Barratt Developments plc. The highest price per unit paid for the shares was 5.0122 GBP, while the lowest price per unit received was 4.8890 GBP.
The disclosure also indicated that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow plc. However, no cash-settled derivative transactions or stock-settled derivative transactions, including options, were reported. Additionally, there were no other dealings, such as subscribing for new securities, reported in the disclosure.
Furthermore, the disclosure stated that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other person. The disclosure was made on 17 June 2024, and the contact person for any further information is Craig Horsley, reachable at +44 141 245-7736.
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.