Morgan Stanley & Co. International plc, an exempt principal trader, has disclosed dealings related to Barratt Developments plc. The transactions, undertaken on 22nd May 2024, include both sales and purchases of Barratt's 10p ordinary shares. The highest price per unit paid for sales was 5.0460 GBP, while the lowest was 4.9630 GBP. On the other hand, the highest price per unit paid for purchases was 5.0540 GBP, and the lowest was 4.9670 GBP. Additionally, there were cash-settled derivative transactions involving increasing and reducing long and short positions.
The disclosed dealings by Morgan Stanley & Co. International plc provide insight into the recent trading activities related to Barratt Developments plc. These transactions are part of the exempt principal trader's activities in a client-serving capacity, as per Rule 8.5 of the Takeover Code. It's important to note that the disclosed information pertains directly to the dealings and transactions involving Barratt Developments plc and is in compliance with the regulatory requirements.
The details of the transactions, including the number of securities involved, the nature of dealing, and the prices per unit, offer a comprehensive view of the recent trading activities related to Barratt Developments plc. This information can be valuable for stakeholders and investors seeking to understand the market dynamics and the involvement of exempt principal traders in the securities of Barratt Developments plc.