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 24 April 2024, include purchases and sales of ordinary shares. The highest price per unit paid for the shares was 458.30 GBx, while the lowest price per unit received was 449.00 GBx. The disclosed information also includes details of cash-settled derivative transactions and stock-settled derivative transactions, as well as other relevant information.
The disclosure further states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The contact person for this disclosure is Josh Kampen, and the telephone number provided is +44 (0) 20 7418 8900. The disclosure was made on 25 April 2024, and it is noted that public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and emailed to the Takeover Panel at [email protected].
For any consultation regarding the Code's dealing disclosure requirements, the Panel's Market Surveillance Unit can be reached at +44 (0)20 7638 0129.
This disclosure provides insight into the recent dealings involving Barratt Developments Plc's securities and the relevant details required under the Takeover Code.