FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the Code)
1. KEY INFORMATION
| (a) Name of exempt principal trader: | UBS Investment Bank, London |
| (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Barratt Developments plc |
| (c) Name of the party to the offer with which exempt principal trader is connected: | Barratt Developments plc |
| (d) Date dealing undertaken: | 22 July 2024 |
| (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | NO
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2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
| Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
| 10p ordinary | Buy
| 258678 | 5.01140 GBP | 4.95501 GBP |
| 10p ordinary | Sell
| 569186 | 4.99294 GBP | 4.95666 GBP |
(b) Cash-settled derivative transactions
| Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
| 10p ordinary | CFD
| Long | 18800 | 4.97260319148936 GBP |
| 10p ordinary | CFD
| Long | 10188 | 4.97367932665685 GBP |
| 10p ordinary | CFD
| Long | 6521 | 4.96866501 GBP |
| 10p ordinary | CFD
| Long | 1536 | 4.98589453476563 GBP |
| 10p ordinary | CFD
| Long | 2864 | 4.96965643 GBP |
| 10p ordinary | CFD
| Long | 863 | 4.98207344 GBP |
| 10p ordinary | CFD
| Long | 14744 | 4.96942146 GBP |
| 10p ordinary | CFD
| Long | 810 | 4.97114898 GBP |
| 10p ordinary | CFD
| Long | 19714 | 4.962 GBP |
| 10p ordinary | CFD
| Long | 14261 | 4.961752 GBP |
| 10p ordinary | CFD
| Long | 1398 | 4.96125894134478 GBP |
| 10p ordinary | CFD
| Long | 319577 | 4.987 GBP |
| 10p ordinary | CFD
| Long | 503 | 4.97103976 GBP |
| 10p ordinary | CFD
| Long | 850 | 4.96777058818824 GBP |
| 10p ordinary | CFD
| Long | 2623 | 4.97806976828059 GBP |
| 10p ordinary | CFD
| Long | 61085 | 4.96278497559663 GBP |
| 10p ordinary | CFD
| Long | 3654 | 4.962463 GBP |
| 10p ordinary | CFD
| Long | 1128 | 4.97533688 GBP |
| 10p ordinary | CFD
| Long | 5618 | 4.973539 GBP |
| 10p ordinary | CFD
| Long | 703 | 4.964 GBP |
| 10p ordinary | CFD
| Long | 1483 | 4.971 GBP |
| 10p ordinary | CFD
| Short | 269 | 4.988 GBP |
| 10p ordinary | CFD
| Short | 325 | 4.96625846270769 GBP |
| 10p ordinary | CFD
| Short | 25000 | 4.9993 GBP |
| 10p ordinary | CFD
| Short | 15735 | 5.0114 GBP |
| 10p ordinary | CFD
| Short | 9265 | 5.0061 GBP |
| 10p ordinary | CFD
| Short | 5748 | 4.97453200852296 GBP |
| 10p ordinary | CFD
| Short | 71783 | 4.96436835687461 GBP |
| 10p ordinary | CFD
| Short | 779 | 4.955 GBP |
| 10p ordinary | CFD
| Short | 3138 | 4.96837826549395 GBP |
| 10p ordinary | CFD
| Short | 379 | 4.971005 GBP |
| 10p ordinary | CFD
| Short | 626 | 4.97011182 GBP |
| 10p ordinary | CFD
| Short | 3350 | 4.97137358 GBP |
| 10p ordinary | CFD
| Short | 223 | 4.97122 GBP |
| 10p ordinary | CFD
| Short | 5522 | 4.96359290112278 GBP |
| 10p ordinary | CFD
| Short | 19120 | 4.962 GBP |
| 10p ordinary | CFD
| Short | 1121 | 4.972468 GBP |
| 10p ordinary | CFD
| Short | 840 | 4.99236905 GBP |
| 10p ordinary | CFD
| Short | 9419 | 4.96883845 GBP |
| 10p ordinary | CFD
| Short | 1331 | 4.992825 GBP |
| 10p ordinary | CFD
| Short | 8500 | 4.97994352941176 GBP |
| 10p ordinary | CFD
| Short | 4965 | 4.98256545650957 GBP |
| 10p ordinary | CFD
| Short | 3648 | 4.98266063459704 GBP |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
| Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
| | | | | | | | |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
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(d) Other dealings (including subscribing for new securities)
| Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
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3. OTHER INFORMATION
(a) Indemnity and other dealing arrangements
| Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none " |
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None
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(b) Agreements, arrangements or understandings relating to options or derivatives
| Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none" |
|
None |
Date of disclosure: | 23 July 2024 |
Contact name: | Richard Howard |
Telephone number: | +44 (0)207 568 9128 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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