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: | 07 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
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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
| 1298923 | 5.24601 GBP | 5.17747 GBP |
| 10p ordinary | Sell
| 474013 | 5.24601 GBP | 5.12200 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 | 133749 | 5.21 GBP |
| 10p ordinary | CFD
| Long | 73452 | 5.20576 GBP |
| 10p ordinary | CFD
| Long | 4892 | 5.20974 GBP |
| 10p ordinary | CFD
| Long | 7128 | 5.21799378848485 GBP |
| 10p ordinary | CFD
| Long | 3803 | 5.23311649 GBP |
| 10p ordinary | CFD
| Long | 44 | 5.216 GBP |
| 10p ordinary | CFD
| Long | 9517 | 5.21005863192182 GBP |
| 10p ordinary | CFD
| Long | 681 | 5.21711600419971 GBP |
| 10p ordinary | CFD
| Long | 180 | 5.226 GBP |
| 10p ordinary | CFD
| Long | 1534 | 5.217145 GBP |
| 10p ordinary | CFD
| Long | 1521 | 5.21377383 GBP |
| 10p ordinary | CFD
| Long | 340 | 5.17761765 GBP |
| 10p ordinary | CFD
| Long | 81 | 5.20993488 GBP |
| 10p ordinary | CFD
| Long | 1119 | 5.206865 GBP |
| 10p ordinary | CFD
| Long | 13205 | 5.2215145 GBP |
| 10p ordinary | CFD
| Long | 6873 | 5.23112236 GBP |
| 10p ordinary | CFD
| Long | 2126 | 5.24481373 GBP |
| 10p ordinary | CFD
| Long | 62 | 5.22807764516129 GBP |
| 10p ordinary | CFD
| Long | 15342 | 5.21058349628471 GBP |
| 10p ordinary | CFD
| Long | 520 | 5.208 GBP |
| 10p ordinary | CFD
| Long | 2630 | 5.21383266 GBP |
| 10p ordinary | CFD
| Long | 1391 | 5.20368455 GBP |
| 10p ordinary | CFD
| Long | 188 | 5.204649 GBP |
| 10p ordinary | CFD
| Long | 554 | 5.122 GBP |
| 10p ordinary | CFD
| Short | 313 | 5.178275 GBP |
| 10p ordinary | CFD
| Short | 339650 | 5.2046 GBP |
| 10p ordinary | CFD
| Short | 10000 | 5.212 GBP |
| 10p ordinary | CFD
| Short | 22919 | 5.21518088 GBP |
| 10p ordinary | CFD
| Short | 7645 | 5.21026 GBP |
| 10p ordinary | CFD
| Short | 419096 | 5.21246495 GBP |
| 10p ordinary | CFD
| Short | 140720 | 5.21 GBP |
| 10p ordinary | CFD
| Short | 9183 | 5.216751 GBP |
| 10p ordinary | CFD
| Short | 16812 | 5.21756542945515 GBP |
| 10p ordinary | CFD
| Short | 58475 | 5.21292352382693 GBP |
| 10p ordinary | CFD
| Short | 5825 | 5.21526008405494 GBP |
| 10p ordinary | CFD
| Short | 1786 | 5.22002743093505 GBP |
| 10p ordinary | CFD
| Short | 1629 | 5.21998466 GBP |
| 10p ordinary | CFD
| Short | 3156 | 5.21006512 GBP |
| 10p ordinary | CFD
| Short | 1100 | 5.19008182 GBP |
| 10p ordinary | CFD
| Short | 631 | 5.222 GBP |
| 10p ordinary | CFD
| Short | 262 | 5.218 GBP |
| 10p ordinary | CFD
| Short | 806 | 5.228 GBP |
| 10p ordinary | CFD
| Short | 2540 | 5.23 GBP |
| 10p ordinary | CFD
| Short | 20719 | 5.223294 GBP |
| 10p ordinary | CFD
| Short | 8058 | 5.21756415984115 GBP |
| 10p ordinary | CFD
| Short | 44 | 5.221159095 GBP |
| 10p ordinary | CFD
| Short | 12758 | 5.21691848 GBP |
| 10p ordinary | CFD
| Short | 2526 | 5.20759184467538 GBP |
| 10p ordinary | CFD
| Short | 1192 | 5.21553691 GBP |
| 10p ordinary | CFD
| Short | 20160 | 5.22161210775595 GBP |
| 10p ordinary | CFD
| Short | 2115 | 5.20982695 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: | 08 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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