Millennium International Management LP has disclosed its position in Barratt Developments plc, as of 4th June 2024. The disclosure, made under Rule 8.3 of the Takeover Code, indicates that Millennium International Management LP holds a 0.031% interest in Barratt Developments plc through cash-settled derivatives, amounting to 301,917 securities. Additionally, the disclosure includes details of various equity swap transactions, such as reducing and increasing short positions, with specific quantities and prices per unit in GBP.
The disclosure also mentions that Millennium International Management LP is making disclosures in respect of another party to the offer, Redrow plc. The form provides a comprehensive breakdown of the interests and short positions in the relevant securities of Barratt Developments plc, as well as the details of dealings, including purchases, sales, and cash-settled derivative transactions.
The information presented in the disclosure offers a detailed insight into Millennium International Management LP's current position and dealings with Barratt Developments plc. It provides a clear overview of the ownership and control of interests, short positions, and derivative transactions, contributing to a transparent representation of the company's involvement with Barratt Developments plc.