Morgan Stanley & Co. LLC, an exempt principal trader with recognized intermediary status, 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 on cash-settled and stock-settled derivative transactions.

On 29th February 2024, Morgan Stanley & Co. LLC conducted purchases and sales of 10p ordinary shares of Barratt Developments Plc. The total number of securities involved in both purchases and sales was 1,556, with the highest price per unit paid being 4.6880 GBP and the lowest price per unit received being 4.6650 GBP for purchases, and 4.6880 GBP and 4.6500 GBP for sales.

The disclosure also confirms that the exempt principal trader is making disclosures in respect of another party to this offer, Redrow plc. However, no details of cash-settled derivative transactions, stock-settled derivative transactions, or other dealings, including subscribing for new securities, were reported.

Furthermore, the disclosure states that there are no indemnity and other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives between the exempt principal trader and any other person. The contact name and telephone number for further information are provided, along with the date of disclosure.

This public dealing disclosure by Morgan Stanley & Co. LLC provides transparency and insight into the trading activities related to Barratt Developments Plc, in compliance with the regulatory requirements of the Takeover Code.