Morgan Stanley & Co. International plc, an exempt principal trader, released a public dealing disclosure related to Barratt Developments plc. The disclosure, in accordance with 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 cash-settled derivative transactions.
On 22nd April 2024, Morgan Stanley & Co. International plc conducted sales of 2,217,944 10p ordinary shares of Barratt Developments plc at prices ranging from 4.4595 GBP to 4.5570 GBP per unit. Additionally, they made purchases of 1,425,779 10p ordinary shares at prices between 4.4595 GBP and 4.5615 GBP per unit.
The disclosure also includes a detailed list of cash-settled derivative transactions, specifying the nature of dealing, number of reference securities, and price per unit for each transaction. These transactions involve both increasing and reducing long and short positions for 10p ordinary shares of Barratt Developments plc, with prices ranging from 4.4623 GBP to 4.5302 GBP per unit.
The information provided in the disclosure offers insights into the recent dealings and transactions involving Barratt Developments plc's securities by Morgan Stanley & Co. International plc, contributing to a comprehensive understanding of the market activity surrounding the company's shares.