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, details of purchases and sales of relevant securities, and cash-settled derivative transactions. The disclosure shows purchases and sales of 10p ordinary shares, with the highest and lowest prices per unit paid or received clearly stated.
The form also details cash-settled derivative transactions, including the nature of dealing, number of reference securities, and price per unit. The transactions involve increasing and reducing long and short positions, with specific quantities and prices for each transaction provided. Additionally, the form indicates that the exempt principal trader is making disclosures in respect of another party to the offer, Redrow plc.
This public dealing disclosure provides a comprehensive overview of the transactions undertaken by Morgan Stanley & Co. International plc in relation to Barratt Developments plc, offering transparency and insight into the trading activities involving relevant securities and derivative transactions.