Morgan Stanley & Co. LLC, an exempt principal trader, released a public dealing disclosure related to Barratt Developments plc. The disclosure, made in accordance with Rule 8.5 of the Takeover Code, includes key information such as the date of dealing undertaken, details of relevant securities, and other related transactions. The disclosure indicates that Morgan Stanley & Co. LLC engaged in purchases and sales of unsponsored ADR (American Depositary Receipt) securities of Barratt Developments plc on 17 July 2024.
The disclosure also mentions that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow. However, no cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, including subscribing for new securities, were reported in the disclosure.
Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The contact information for the disclosure is provided for further consultation.
In summary, the public dealing disclosure by Morgan Stanley & Co. LLC provides detailed information about the transactions and dealings related to Barratt Developments plc, in compliance with the regulatory requirements of the Takeover Code.