Peel Hunt LLP, an exempt principal trader, has disclosed dealings in Barratt Developments PLC's securities in accordance with Rule 8.5 of the Takeover Code. The disclosed dealings, undertaken on 2nd August 2024, include purchases and sales of ordinary shares. The highest price per unit paid for the shares was 534.98 GBx, while the lowest price per unit paid was 520.35 GBx. Additionally, there were sales of 53,242 ordinary shares at a price range of 529.29 GBx to 520.31 GBx.
The disclosure also confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other party to the offer or any person acting in concert with a party to the offer.
This disclosure provides transparency regarding the trading activities related to Barratt Developments PLC's securities and ensures compliance with the regulatory requirements of the Takeover Code. It offers insights into the recent dealings and transactions involving the company's securities, contributing to a comprehensive understanding of the market activities related to Barratt Developments PLC.