Morgan Stanley Europe SE has disclosed its position in Barratt Developments plc in accordance with Rule 8.5 of the Takeover Code. The disclosure, dated 16 August 2024, reveals that Morgan Stanley Europe SE has no interests or short positions in the relevant securities of Barratt Developments plc following the dealing. The form also indicates that the exempt principal trader is making disclosures in respect of Redrow plc, in addition to Barratt Developments plc.
The form further details the purchases and sales of 10p ordinary shares of Barratt Developments plc, with 5,200 securities both purchased and sold at a price of 5.4560 GBP per unit. The disclosure also states that there are no cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, including subscribing for new securities.
Additionally, the form confirms that there are no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. It also notes that no Supplemental Form 8 (Open Positions) is attached to the disclosure.
The disclosure is in compliance with the regulatory requirements, and it provides a transparent overview of Morgan Stanley Europe SE's position in Barratt Developments plc as of the latest practicable date prior to the disclosure.