Millennium International Management LP has disclosed a 0.032% interest in Barratt Developments plc's 10p ordinary shares, along with a 0.783% short position through cash-settled derivatives. The disclosure was made on 24th May 2024. Additionally, the disclosure includes dealings in various equity swap transactions related to Barratt Developments plc's securities.
The disclosure by Millennium International Management LP provides a detailed breakdown of their interests and short positions in Barratt Developments plc's securities. It includes the number and percentage of relevant securities owned or controlled, as well as cash-settled derivatives. The disclosure also outlines the nature of the dealings, such as reducing or increasing short positions through equity swap transactions, along with the corresponding number of reference securities and price per unit in GBP.
The information presented in the disclosure is in compliance with Rule 8.3 of the Takeover Code, providing transparency regarding Millennium International Management LP's interests and dealings related to Barratt Developments plc. This disclosure is essential for regulatory compliance and transparency in the context of relevant securities and their associated transactions.
The disclosure indicates that Millennium International Management LP has a notable stake in Barratt Developments plc and has engaged in various equity swap transactions related to the company's securities. This level of transparency is crucial for investors and regulatory authorities to understand the positions and dealings of significant stakeholders in a publicly traded company like Barratt Developments plc.