Morgan Stanley & Co. International plc, an exempt principal trader, has disclosed its dealings in Barratt Developments plc's securities. The disclosed transactions include purchases and sales of 10p ordinary shares, with specific quantities and prices. Additionally, the disclosure includes cash-settled derivative transactions, detailing the nature of dealing, number of reference securities, and price per unit for various classes of relevant securities.
In the disclosed purchases and sales, Morgan Stanley & Co. International plc bought 1,744,414 10p ordinary shares at prices ranging from 4.5370 GBP to 4.6070 GBP and sold 873,260 10p ordinary shares at prices ranging from 4.5360 GBP to 4.6070 GBP. Furthermore, they made purchases and sales in other currencies such as EUR and USD.
The cash-settled derivative transactions involve increasing and reducing long and short positions for 10p ordinary shares, with varying quantities and prices per unit. The disclosed transactions provide insight into the trading activities related to Barratt Developments plc's securities undertaken by Morgan Stanley & Co. International plc on 30th April 2024.
This public dealing disclosure offers transparency regarding the trading activities of an exempt principal trader in relation to Barratt Developments plc's securities, as required by Rule 8.5 of the Takeover Code.