Morgan Stanley & Co. LLC, an exempt principal trader, has made a public dealing disclosure in relation to Barratt Developments plc. The disclosure, made under Rule 8.5 of the Takeover Code, includes key information such as the date of dealing undertaken, details of purchases and sales of relevant securities, and other relevant information. The disclosure indicates that on 7th June 2024, the exempt principal trader conducted purchases and sales of 140,000 10p ordinary shares of Barratt Developments plc at varying prices.
The disclosure also mentions that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow plc. It further provides details of indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Additionally, 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 date of disclosure. It also includes information about the requirement for public disclosures under Rule 8 of the Code to be made to a Regulatory Information Service and the availability of the Panel's Market Surveillance Unit for consultation in relation to the Code's dealing disclosure requirements.
This public dealing disclosure provides insight into the trading activities of Morgan Stanley & Co. LLC in relation to Barratt Developments plc, offering transparency and compliance with regulatory requirements.