Millennium International Management LP has disclosed a 0.503% interest in Barratt Developments plc through cash-settled derivatives. The disclosure, made on 15th August 2024, includes details of equity swap transactions involving increasing and reducing long positions in Barratt Developments plc's 10p ordinary shares. The transactions range in volume and price per unit, with the highest volume being 147,380 securities and the highest price per unit at 5.46 GBP.
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 interests and short positions in Barratt Developments plc's securities, as well as the details of the derivative transactions. It is a public opening position disclosure and dealing disclosure as per Rule 8.3 of the Takeover Code.
The disclosure provides a clear insight into Millennium International Management LP's dealings and positions in Barratt Developments plc's securities, offering transparency and compliance with regulatory requirements.