Millennium International Management LP has disclosed their position in Barratt Developments plc, representing 0.023% through cash-settled derivatives and 0.081% through short positions. The disclosure also includes dealings in short positions through equity swaps, both increasing and reducing the position. The disclosed information is in compliance with Rule 8.3 of the Takeover Code.
The disclosure indicates that Millennium International Management LP has a minor stake in Barratt Developments plc through cash-settled derivatives and short positions. The detailed breakdown of the short positions through equity swaps provides insight into the specific transactions undertaken by the disclosing party.
This Form 8.3 disclosure by Millennium International Management LP offers transparency regarding their interests and dealings in Barratt Developments plc's securities. It provides valuable information for investors and market participants to understand the positions and transactions of significant stakeholders in the company.