Morgan Stanley & Co. LLC, an exempt principal trader, has 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 undertaken, details of purchases and sales of relevant securities, and information about other parties involved in the offer. The disclosure indicates that Morgan Stanley & Co. LLC has undertaken both sales and purchases of 10p ordinary shares of Barratt Developments plc on 28 June 2024. The highest and lowest price per unit paid/received for the sales and purchases are also provided.
The disclosure further states that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow plc. It also includes information about indemnity and other dealing arrangements, which in this case are stated as "none." Additionally, details of any agreements, arrangements, or understandings relating to options or derivatives are also declared as "none."
The disclosure concludes with the contact name and telephone number for further inquiries, as well as the date of disclosure. It also provides information about the requirement to make public disclosures under Rule 8 of the Code to a Regulatory Information Service and the availability of the Panel's Market Surveillance Unit for consultation in relation to the Code's dealing disclosure requirements.
This public dealing disclosure by Morgan Stanley & Co. LLC provides transparency and key information regarding their dealings with Barratt Developments plc, as required by the Takeover Code.