This announcement replaces the previous RNS announcement 5759Z released at 11:28 on the 7th 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: | 06 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
| 694782 | 5.15000 GBP | 5.08000 GBP |
| 10p ordinary | Sell
| 372706 | 5.25309 GBP | 5.15065 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 | 19697 | 5.10545951195055 GBP |
| 10p ordinary | CFD
| Long | 2712 | 5.11731674 GBP |
| 10p ordinary | CFD
| Long | 221 | 5.11105 GBP |
| 10p ordinary | CFD
| Long | 25555 | 5.101389 GBP |
| 10p ordinary | CFD
| Long | 8870 | 5.10958872622999 GBP |
| 10p ordinary | CFD
| Long | 3186 | 5.117413683914 GBP |
| 10p ordinary | CFD
| Long | 36713 | 5.121744 GBP |
| 10p ordinary | CFD
| Long | 127723 | 5.122 GBP |
| 10p ordinary | CFD
| Long | 713 | 5.121739 GBP |
| 10p ordinary | CFD
| Long | 7791 | 5.12123090745732 GBP |
| 10p ordinary | CFD
| Long | 454 | 5.11437004 GBP |
| 10p ordinary | CFD
| Long | 473 | 5.11841437632135 GBP |
| 10p ordinary | CFD
| Long | 4258 | 5.12335039661109 GBP |
| 10p ordinary | CFD
| Long | 95964 | 5.12260299513568 GBP |
| 10p ordinary | CFD
| Long | 9943 | 5.121439 GBP |
| 10p ordinary | CFD
| Long | 2099 | 5.04954708290615 GBP |
| 10p ordinary | CFD
| Long | 96 | 5.134 GBP |
| 10p ordinary | CFD
| Long | 143 | 5.124 GBP |
| 10p ordinary | CFD
| Long | 4530 | 5.085586 GBP |
| 10p ordinary | CFD
| Long | 1052 | 5.140827 GBP |
| 10p ordinary | CFD
| Long | 2771 | 5.120307 GBP |
| 10p ordinary | CFD
| Long | 1662 | 5.12193598 GBP |
| 10p ordinary | CFD
| Short | 31417 | 5.099743 GBP |
| 10p ordinary | CFD
| Short | 14847 | 5.12693146137267 GBP |
| 10p ordinary | CFD
| Short | 11164 | 5.08590528188821 GBP |
| 10p ordinary | CFD
| Short | 4469 | 5.122102 GBP |
| 10p ordinary | CFD
| Short | 2143 | 5.12518 GBP |
| 10p ordinary | CFD
| Short | 9422 | 5.10142888983231 GBP |
| 10p ordinary | CFD
| Short | 35091 | 5.09362695695706 GBP |
| 10p ordinary | CFD
| Short | 6490 | 5.09795223289676 GBP |
| 10p ordinary | CFD
| Short | 172 | 5.09790697354651 GBP |
| 10p ordinary | CFD
| Short | 10 | 5.0959 GBP |
| 10p ordinary | CFD
| Short | 116498 | 5.122 GBP |
| 10p ordinary | CFD
| Short | 12019 | 5.12206403 GBP |
| 10p ordinary | CFD
| Short | 117 | 5.14239316 GBP |
| 10p ordinary | CFD
| Short | 882 | 5.126 GBP |
| 10p ordinary | CFD
| Short | 23114 | 5.103347 GBP |
| 10p ordinary | CFD
| Short | 2651 | 5.114 GBP |
| 10p ordinary | CFD
| Short | 4516 | 5.10143046944198 GBP |
| 10p ordinary | CFD
| Short | 84488 | 5.12302445317678 GBP |
| 10p ordinary | CFD
| Short | 13579 | 5.11291995 GBP |
| 10p ordinary | CFD
| Short | 17400 | 5.11041091954023 GBP |
| 10p ordinary | CFD
| Short | 13059 | 5.11473849337928 GBP |
| 10p ordinary | CFD
| Short | 5946 | 5.12003431 GBP |
| 10p ordinary | CFD
| Short | 3770 | 5.11085102185676 GBP |
| 10p ordinary | CFD
| Short | 1646 | 5.10219806 GBP |
| 10p ordinary | CFD
| Short | 9257 | 5.12650253861402 GBP |
| 10p ordinary | CFD
| Short | 135860 | 5.08254 GBP |
| 10p ordinary | CFD
| Short | 2280 | 5.108325 GBP |
| 10p ordinary | CFD
| Short | 9725 | 5.12276812339332 GBP |
| 10p ordinary | CFD
| Short | 6031 | 5.11718985250373 GBP |
| 10p ordinary | CFD
| Short | 44022 | 5.08 GBP |
| 10p ordinary | CFD
| Short | 10000 | 5.1 GBP |
| 10p ordinary | CFD
| Short | 22920 | 5.11404699530017 GBP |
| 10p ordinary | CFD
| Short | 4375 | 5.123024 GBP |
| 10p ordinary | CFD
| Short | 660 | 5.095803 GBP |
| 10p ordinary | CFD
| Short | 110139 | 512200 GBP |
| 10p ordinary | CFD
| Long | 110127 | 512200 GBP |
| 10p ordinary | CFD
| Short | 110139 | 5.12200 GBP |
| 10p ordinary | CFD
| Long | 110127 | 5.12200 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 |
| 10p ordinary | Call | Purchasing | 11529 | 5.548 GBP | European | 03 September 2024 | 0.0307 GBP |
| 10p ordinary | Call | Purchasing | 11529 | 5.548 GBP | European | 03 September 2024 | 0.0307 GBP |
| 10p ordinary | Call | Selling | 11529 | 5.548 GBP | European | 03 September 2024 | 0.0307 GBP |
(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: | 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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