Morgan Stanley Europe SE has disclosed its position in Barratt Developments plc in accordance with Rule 8.5 of the Takeover Code. The disclosure, dated 1st August 2024, indicates that the exempt principal trader has no interests or short positions in the relevant securities of Barratt Developments plc following the dealing. Additionally, the disclosure shows that there have been purchases and sales of 10p ordinary shares, with 350,685 securities being both purchased and sold at varying prices.
The disclosure also states that the exempt principal trader is making disclosures in respect of another party to the offer, Redrow Plc. Furthermore, the form indicates that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. No supplemental form is attached to the disclosure.
The disclosure provides a comprehensive overview of Morgan Stanley Europe SE's position and dealings with Barratt Developments plc, in compliance with the regulatory requirements of the Takeover Code. It offers transparency regarding the exempt principal trader's interests, short positions, and dealings, contributing to the market's understanding of the company's activities related to Barratt Developments plc.