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: | 08 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
| 758252 | 5.17103 GBP | 5.10777 GBP |
| 10p ordinary | Sell
| 6669813 | 5.21000 GBP | 5.08885 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 | 3 | 5.095 GBP |
| 10p ordinary | CFD
| Long | 6 | 5.09816667 GBP |
| 10p ordinary | CFD
| Long | 80106 | 5.16984712755599 GBP |
| 10p ordinary | CFD
| Long | 34953 | 5.16783984203359 GBP |
| 10p ordinary | CFD
| Long | 503 | 5.16732007630219 GBP |
| 10p ordinary | CFD
| Long | 150513 | 5.17 GBP |
| 10p ordinary | CFD
| Long | 8467 | 5.16108229 GBP |
| 10p ordinary | CFD
| Long | 5436 | 5.13750368 GBP |
| 10p ordinary | CFD
| Long | 941 | 5.098 GBP |
| 10p ordinary | CFD
| Long | 41096 | 5.115328 GBP |
| 10p ordinary | CFD
| Long | 497 | 5.131 GBP |
| 10p ordinary | CFD
| Long | 819 | 5.14 GBP |
| 10p ordinary | CFD
| Long | 915 | 5.157 GBP |
| 10p ordinary | CFD
| Long | 393 | 5.122 GBP |
| 10p ordinary | CFD
| Long | 912 | 5.16963815789474 GBP |
| 10p ordinary | CFD
| Long | 34088 | 5.1568170617226 GBP |
| 10p ordinary | CFD
| Long | 5064 | 5.1271366475316 GBP |
| 10p ordinary | CFD
| Long | 3223 | 5.13385789840521 GBP |
| 10p ordinary | CFD
| Long | 179042 | 5.21 GBP |
| 10p ordinary | CFD
| Long | 2268000 | 5.08885 GBP |
| 10p ordinary | CFD
| Long | 53090 | 5.127154 GBP |
| 10p ordinary | CFD
| Long | 131068 | 5.12786729 GBP |
| 10p ordinary | CFD
| Long | 1296000 | 5.1304062 GBP |
| 10p ordinary | CFD
| Long | 1152000 | 5.126409 GBP |
| 10p ordinary | CFD
| Long | 432000 | 5.106423 GBP |
| 10p ordinary | CFD
| Long | 388800 | 5.136402 GBP |
| 10p ordinary | CFD
| Long | 144000 | 5.1543894 GBP |
| 10p ordinary | CFD
| Long | 8506 | 5.169741 GBP |
| 10p ordinary | CFD
| Long | 1921 | 5.11396564 GBP |
| 10p ordinary | CFD
| Long | 14011 | 5.15353048 GBP |
| 10p ordinary | CFD
| Long | 570 | 5.139158 GBP |
| 10p ordinary | CFD
| Long | 537 | 5.143151 GBP |
| 10p ordinary | CFD
| Long | 344 | 5.1255 GBP |
| 10p ordinary | CFD
| Long | 119 | 5.122994 GBP |
| 10p ordinary | CFD
| Long | 36 | 5.181015 GBP |
| 10p ordinary | CFD
| Long | 27 | 5.139969 GBP |
| 10p ordinary | CFD
| Long | 4 | 5.113944 GBP |
| 10p ordinary | CFD
| Short | 1463 | 5.14588926862611 GBP |
| 10p ordinary | CFD
| Short | 33695 | 5.17103398130286 GBP |
| 10p ordinary | CFD
| Short | 1586 | 5.11392316979823 GBP |
| 10p ordinary | CFD
| Short | 7795 | 5.170259 GBP |
| 10p ordinary | CFD
| Short | 114130 | 5.1700002 GBP |
| 10p ordinary | CFD
| Short | 107553 | 5.17 GBP |
| 10p ordinary | CFD
| Short | 10487 | 5.14975169113092 GBP |
| 10p ordinary | CFD
| Short | 15760 | 5.14944587522525 GBP |
| 10p ordinary | CFD
| Short | 7428 | 5.12511969 GBP |
| 10p ordinary | CFD
| Short | 41393 | 5.12676824372696 GBP |
| 10p ordinary | CFD
| Short | 29355 | 5.13149194310748 GBP |
| 10p ordinary | CFD
| Short | 436 | 5.106078 GBP |
| 10p ordinary | CFD
| Short | 17511 | 5.154169 GBP |
| 10p ordinary | CFD
| Short | 701 | 5.14594008559201 GBP |
| 10p ordinary | CFD
| Short | 8536 | 5.169659 GBP |
| 10p ordinary | CFD
| Short | 1921 | 5.11396564 GBP |
| 10p ordinary | CFD
| Short | 1275 | 5.11571137291765 GBP |
| 10p ordinary | CFD
| Short | 7757 | 5.12152249471058 GBP |
| 10p ordinary | CFD
| Short | 2176 | 5.10919383361673 GBP |
| 10p ordinary | CFD
| Short | 22440 | 5.14523756748663 GBP |
| 10p ordinary | CFD
| Short | 6423 | 5.13608157960455 GBP |
| 10p ordinary | CFD
| Short | 4288 | 5.14786753809468 GBP |
| 10p ordinary | CFD
| Short | 96282 | 5.1667120541233 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: | 09 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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