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, the number of securities involved, and the highest and lowest price per unit paid or received. The disclosure indicates that purchases and sales of 10p ordinary shares of Barratt Developments plc were made on 16 July 2024. The highest price per unit paid was 4.9903 GBP, while the lowest price per unit paid was 4.9516 GBP.
The disclosure also mentions that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow. It further provides details of indemnity and other dealing arrangements, stating that there are no such agreements, arrangements, or understandings. Additionally, there are no agreements, arrangements, or understandings relating to options or derivatives.
The disclosure concludes with the contact name and telephone number for further inquiries, as well as the requirement for public disclosures under Rule 8 of the Code to be made to a Regulatory Information Service. The Market Surveillance Unit of the Panel is also available for consultation regarding the Code's dealing disclosure requirements.
This public dealing disclosure provides transparency regarding the trading activities of Morgan Stanley & Co. LLC in relation to Barratt Developments plc, as required by the Takeover Code. It offers insight into the transactions involving the relevant securities and aims to ensure compliance with regulatory standards.