Morgan Stanley & Co. LLC has released a public dealing disclosure related to Barratt Developments plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, provides key information about the dealings undertaken by the exempt principal trader. The form details the purchases and sales of unsponsored ADR securities, specifying the total number of securities, highest and lowest price per unit paid/received, and the date of dealing. The disclosure also confirms that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow plc.
The form further includes information about indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Additionally, it confirms that there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure concludes with the date of disclosure, contact name, and telephone number for further inquiries.
This public dealing disclosure provides transparency about the trading activities involving Barratt Developments plc and offers insights into the transactions undertaken by Morgan Stanley & Co. LLC. It serves to inform stakeholders and the market about the dealings and related arrangements in compliance with regulatory requirements.