Peel Hunt LLP, an exempt principal trader, has disclosed its dealings in Barratt Developments PLC's securities in accordance with Rule 8.5 of the Takeover Code. The disclosed transactions, dated 6th August 2024, include both purchases and sales of ordinary shares. The highest price per unit paid for the purchased shares was 514.15 GBx, while the lowest price per unit paid was 507.35 GBx. On the other hand, the highest price per unit received for the sold shares was 515.76 GBx, and the lowest price per unit received was 507.33 GBx.
The disclosure also indicates that Peel Hunt LLP did not engage in cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, such as subscribing for new securities, in relation to Barratt Developments PLC's securities. Furthermore, the disclosure states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between Peel Hunt LLP and any other party.
The disclosure was made on 7th August 2024, and the contact person for further information is Ejaz Sheikh, reachable at +44 (0) 20 7418 8900. It is noted 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].
For any consultation regarding the Code's dealing disclosure requirements, the Panel's Market Surveillance Unit can be contacted at +44 (0)20 7638 0129.