Morgan Stanley & Co. LLC, an exempt principal trader, 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. The form details the purchases and sales of 10p ordinary shares, including the total number of securities, highest and lowest price per unit paid/received, and the date of dealing. Additionally, it mentions the involvement of the exempt principal trader in disclosures related to another party to the offer, Redrow plc.
The form also includes information about indemnity and other dealing arrangements, stating that there are none. Furthermore, it specifies that there are no agreements, arrangements, or understandings relating to options or derivatives. The disclosure concludes with the contact name and telephone number for further inquiries, as well as the regulatory requirements for public disclosures under Rule 8 of the Code.
This public dealing disclosure provides transparency regarding the trading activities involving Barratt Developments plc and offers insights into the transactions conducted by Morgan Stanley & Co. LLC. It serves as a regulatory requirement and aims to ensure openness and fairness in the market.