Millennium International Management LP has disclosed a 0.480% interest in Barratt Developments plc, representing 4,675,548 securities. The disclosure, made on 8th August 2024, includes details of cash-settled derivative transactions involving increasing and reducing long positions in Barratt Developments plc's 10p ordinary shares (GB0000811801).
The disclosure also mentions that Millennium International Management LP is making disclosures in respect of another party, Redrow plc. The form provides a comprehensive breakdown of the dealings, including the number of securities and price per unit in GBP for each transaction.
The disclosure is in compliance with Rule 8.3 of the Takeover Code, which requires public opening position disclosure/dealing disclosure by a person with interests in relevant securities representing 1% or more. The form also outlines the details of any open stock-settled derivative positions or agreements to purchase or sell relevant securities.
This disclosure provides valuable insight into the ownership and control of interests in Barratt Developments plc, offering transparency and compliance with regulatory requirements.