Morgan Stanley Europe SE has disclosed its position in Barratt Developments plc in accordance with Rule 8.5 of the Takeover Code. The disclosure, dated 19th August 2024, reveals that Morgan Stanley Europe SE has no interests or short positions in the relevant securities of Barratt Developments plc following the dealing. The form also indicates that the exempt principal trader is making disclosures in respect of Redrow plc, in addition to Barratt Developments plc.
The form further details the purchases and sales of 10p ordinary shares of Barratt Developments plc, with 79,289 securities being both purchased and sold. The highest price per unit paid for the shares was 5.3866 GBP, while the lowest price per unit paid was 5.3560 GBP. The highest price per unit received for the shares sold was 5.3928 GBP, and the lowest price per unit received was 5.3520 GBP.
The disclosure also includes information on cash-settled derivative transactions, stock-settled derivative transactions, and other dealings. It states that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. Additionally, no Supplemental Form 8 (Open Positions) is attached to the disclosure.
The contact person for the disclosure is Craig Horsley, with a telephone number of +44 141 245-7736. The disclosure was made to a Regulatory Information Service, and the Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements.
This disclosure provides insight into the position of Morgan Stanley Europe SE in relation to Barratt Developments plc and offers transparency in accordance with the regulatory requirements of the Takeover Code.