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: | 13 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
| 455077 | 5.29400 GBP | 5.24521 GBP |
| 10p ordinary | Sell
| 359717 | 5.29400 GBP | 5.24801 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 | 275 | 5.274596 GBP |
| 10p ordinary | CFD
| Long | 66277 | 5.29 GBP |
| 10p ordinary | CFD
| Long | 1379 | 5.27797409525743 GBP |
| 10p ordinary | CFD
| Long | 33242 | 5.28993742855183 GBP |
| 10p ordinary | CFD
| Long | 1167 | 5.27498200308483 GBP |
| 10p ordinary | CFD
| Long | 624 | 5.27978846278846 GBP |
| 10p ordinary | CFD
| Long | 6585 | 5.27879075 GBP |
| 10p ordinary | CFD
| Long | 4594 | 5.28075056 GBP |
| 10p ordinary | CFD
| Long | 1158 | 5.28646748 GBP |
| 10p ordinary | CFD
| Long | 20612 | 5.289736 GBP |
| 10p ordinary | CFD
| Long | 467 | 5.275308 GBP |
| 10p ordinary | CFD
| Long | 3086 | 5.289734 GBP |
| 10p ordinary | CFD
| Long | 6950 | 5.2892071942446 GBP |
| 10p ordinary | CFD
| Long | 99 | 5.28919191919192 GBP |
| 10p ordinary | CFD
| Long | 6585 | 5.27899303 GBP |
| 10p ordinary | CFD
| Long | 37141 | 5.28999353813844 GBP |
| 10p ordinary | CFD
| Long | 345 | 5.28921739130435 GBP |
| 10p ordinary | CFD
| Long | 340 | 5.276 GBP |
| 10p ordinary | CFD
| Long | 4763 | 5.27802181 GBP |
| 10p ordinary | CFD
| Long | 730 | 5.289918 GBP |
| 10p ordinary | CFD
| Long | 3253 | 5.2843744268921 GBP |
| 10p ordinary | CFD
| Short | 3667 | 5.29019089173711 GBP |
| 10p ordinary | CFD
| Short | 6054 | 5.27766038982491 GBP |
| 10p ordinary | CFD
| Short | 693 | 5.27384126535354 GBP |
| 10p ordinary | CFD
| Short | 4840 | 5.27233016597934 GBP |
| 10p ordinary | CFD
| Short | 40521 | 5.26820977 GBP |
| 10p ordinary | CFD
| Short | 850 | 5.27247059 GBP |
| 10p ordinary | CFD
| Short | 5473 | 5.2871438 GBP |
| 10p ordinary | CFD
| Short | 299 | 5.26638796 GBP |
| 10p ordinary | CFD
| Short | 4082 | 5.28516658 GBP |
| 10p ordinary | CFD
| Short | 3956 | 5.288233 GBP |
| 10p ordinary | CFD
| Short | 8457 | 5.26992 GBP |
| 10p ordinary | CFD
| Short | 2098 | 5.25 GBP |
| 10p ordinary | CFD
| Short | 549 | 5.279002 GBP |
| 10p ordinary | CFD
| Short | 1766 | 5.29018403171008 GBP |
| 10p ordinary | CFD
| Short | 2998 | 5.27734823215477 GBP |
| 10p ordinary | CFD
| Short | 15614 | 5.28308293566031 GBP |
| 10p ordinary | CFD
| Short | 1186 | 5.27647306084317 GBP |
| 10p ordinary | CFD
| Short | 93 | 5.27793548 GBP |
| 10p ordinary | CFD
| Short | 2300 | 5.28399130434783 GBP |
| 10p ordinary | CFD
| Short | 12902 | 5.27547062267168 GBP |
| 10p ordinary | CFD
| Short | 8392 | 5.2819204037357 GBP |
| 10p ordinary | CFD
| Short | 16381 | 5.28161101 GBP |
| 10p ordinary | CFD
| Short | 10435 | 5.29 GBP |
| 10p ordinary | CFD
| Short | 4577 | 5.2862 GBP |
| 10p ordinary | CFD
| Short | 114130 | 5.2838086476472 GBP |
| 10p ordinary | CFD
| Short | 5382 | 5.28286191377369 GBP |
| 10p ordinary | CFD
| Short | 16137 | 5.283219 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: | 14 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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