Peel Hunt LLP, an exempt principal trader, disclosed its public dealing activities in relation to Barratt Developments PLC on 5th June 2024. The disclosed dealings included purchases and sales of ordinary shares, with 22,483 shares purchased at a price range of 505.34 GBx to 514.14 GBx and 30,537 shares sold at a price range of 503.72 GBx to 514.05 GBx. The disclosure also confirmed that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives.
The disclosure, made in accordance with Rule 8.5 of the Takeover Code, is a requirement for exempt principal traders with recognized intermediary status dealing in a client-serving capacity. The information provided in the disclosure is essential for transparency and regulatory compliance in the context of public dealing activities related to Barratt Developments PLC.
This disclosure provides insight into the recent trading activities involving Barratt Developments PLC's securities, shedding light on the transactions conducted by Peel Hunt LLP. It offers a glimpse into the market dynamics and the interests of various parties involved in the trading of Barratt Developments PLC's securities, contributing to a better understanding of the company's stock movements and market behavior.