Millennium International Management LP has disclosed its position in Barratt Developments PLC, as of 16th May 2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Millennium International Management LP holds a 0.034% interest in cash-settled derivatives and a 0.765% short position in the 10p ordinary shares of Barratt Developments PLC. The disclosure also includes details of various transactions involving equity swaps, such as reducing and increasing short positions, with specific quantities and prices per unit in GBP.
The disclosure provides a comprehensive overview of Millennium International Management LP's interests and short positions in Barratt Developments PLC's securities. It includes details of the relevant securities owned and controlled, as well as the cash-settled derivatives and their percentages. Additionally, the disclosure outlines the nature of the dealings, including reducing and increasing short positions through equity swaps, along with the quantities and prices per unit in GBP for each transaction.
The information presented in the disclosure offers transparency regarding Millennium International Management LP's dealings and positions in Barratt Developments PLC. It adheres to the regulatory requirements outlined in Rule 8.3 of the Takeover Code, providing clarity on the ownership and control of relevant securities, as well as the nature of the derivative transactions. This disclosure contributes to the overall understanding of the market activity related to Barratt Developments PLC's securities.