This announcement replaces the previous RNS announcement 2087Z released at 11:44 on the 5th August 2024. Amendments to sections 2a and 2b. All other information remains unchanged
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: | 02 August 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
|
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
| 455559 | 5.30901 GBP | 5.20000 GBP |
| 10p ordinary | Sell
| 1013710 | 5.31000 GBP | 5.20000 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 | 39487 | 5.23991111370527 GBP |
| 10p ordinary | CFD
| Long | 276193 | 5.236 GBP |
| 10p ordinary | CFD
| Long | 3216 | 5.25590174 GBP |
| 10p ordinary | CFD
| Long | 935 | 5.248 GBP |
| 10p ordinary | CFD
| Long | 435 | 5.257002 GBP |
| 10p ordinary | CFD
| Long | 800 | 5.26 GBP |
| 10p ordinary | CFD
| Long | 104591 | 5.243032 GBP |
| 10p ordinary | CFD
| Long | 6462 | 5.216 GBP |
| 10p ordinary | CFD
| Long | 1948 | 5.231 GBP |
| 10p ordinary | CFD
| Long | 4999 | 5.24 GBP |
| 10p ordinary | CFD
| Long | 2000 | 5.240882 GBP |
| 10p ordinary | CFD
| Long | 5015 | 5.23675114656032 GBP |
| 10p ordinary | CFD
| Long | 1102 | 5.258822 GBP |
| 10p ordinary | CFD
| Long | 13 | 5.254 GBP |
| 10p ordinary | CFD
| Long | 148 | 5.236122 GBP |
| 10p ordinary | CFD
| Long | 24514 | 5.25932862634902 GBP |
| 10p ordinary | CFD
| Long | 3286 | 5.23860733761412 GBP |
| 10p ordinary | CFD
| Long | 27100 | 5.26668228782288 GBP |
| 10p ordinary | CFD
| Long | 8343 | 5.23882523 GBP |
| 10p ordinary | CFD
| Long | 568 | 5.23114436869718 GBP |
| 10p ordinary | CFD
| Long | 799 | 5.23548936 GBP |
| 10p ordinary | CFD
| Long | 10703 | 5.24484069935532 GBP |
| 10p ordinary | CFD
| Long | 3397 | 5.23531881093023 GBP |
| 10p ordinary | CFD
| Long | 70616 | 5.24731 GBP |
| 10p ordinary | CFD
| Long | 96868 | 5.2383695347904 GBP |
| 10p ordinary | CFD
| Long | 12524 | 5.235739 GBP |
| 10p ordinary | CFD
| Long | 4132 | 5.235738 GBP |
| 10p ordinary | CFD
| Long | 1656 | 5.2383675347904 GBP |
| 10p ordinary | CFD
| Long | 649 | 5.2383605347904 GBP |
| 10p ordinary | CFD
| Long | 963 | 5.24691314 GBP |
| 10p ordinary | CFD
| Long | 7085 | 5.23521524347212 GBP |
| 10p ordinary | CFD
| Long | 36074 | 5.240918 GBP |
| 10p ordinary | CFD
| Long | 7307 | 5.24866703225674 GBP |
| 10p ordinary | CFD
| Short | 1671 | 5.23972591262717 GBP |
| 10p ordinary | CFD
| Short | 15023 | 5.25106976 GBP |
| 10p ordinary | CFD
| Short | 28583 | 5.24877455174579 GBP |
| 10p ordinary | CFD
| Short | 25958 | 5.24389382946799 GBP |
| 10p ordinary | CFD
| Short | 2921 | 5.25630503339952 GBP |
| 10p ordinary | CFD
| Short | 3300 | 5.2715303030303 GBP |
| 10p ordinary | CFD
| Short | 11544 | 5.23233634 GBP |
| 10p ordinary | CFD
| Short | 7248 | 5.23606545 GBP |
| 10p ordinary | CFD
| Short | 1510 | 5.21107947 GBP |
| 10p ordinary | CFD
| Short | 4401 | 5.24939332 GBP |
| 10p ordinary | CFD
| Short | 8639 | 5.244599 GBP |
| 10p ordinary | CFD
| Short | 795 | 5.23963773584906 GBP |
| 10p ordinary | CFD
| Short | 26267 | 5.23704724559333 GBP |
| 10p ordinary | CFD
| Short | 11400 | 5.22390263157895 GBP |
| 10p ordinary | CFD
| Short | 2428 | 5.2200453 GBP |
| 10p ordinary | CFD
| Short | 767 | 5.24437288135593 GBP |
| 10p ordinary | CFD
| Short | 2118 | 5.23553269 GBP |
| 10p ordinary | CFD
| Short | 897 | 5.239669 GBP |
| 10p ordinary | CFD
| Short | 38368 | 5.236 GBP |
| 10p ordinary | CFD
| Short | 331 | 5.27426 GBP |
| 10p ordinary | CFD
| Short | 13 | 5.254 GBP |
| 10p ordinary | CFD
| Short | 92833 | 5.22121 GBP |
| 10p ordinary | CFD
| Long | 92833 | 5.22121 GBP |
| 10p ordinary | CFD
| Short | 92833 | 5.22239 GBP |
| 10p ordinary | CFD
| Long | 92833 | 5.22239 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 " |
|
None
|
(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: | 06 August 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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