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
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| (d) Date dealing undertaken: | 19 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
| 450384 | 5.54083 GBP | 5.38256 GBP |
| 10p ordinary | Sell
| 378850 | 5.54055 GBP | 5.38256 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 | 4011 | 5.52797307609075 GBP |
| 10p ordinary | CFD
| Long | 8580 | 5.50057119 GBP |
| 10p ordinary | CFD
| Long | 37739 | 5.53519409629296 GBP |
| 10p ordinary | CFD
| Long | 26561 | 5.41397198900644 GBP |
| 10p ordinary | CFD
| Long | 29585 | 5.54 GBP |
| 10p ordinary | CFD
| Long | 3088 | 5.492824 GBP |
| 10p ordinary | CFD
| Long | 10249 | 5.49143311226559 GBP |
| 10p ordinary | CFD
| Long | 3932 | 5.49289013478383 GBP |
| 10p ordinary | CFD
| Long | 7541 | 5.51675545 GBP |
| 10p ordinary | CFD
| Long | 1296 | 5.47168764 GBP |
| 10p ordinary | CFD
| Long | 282 | 5.391844 GBP |
| 10p ordinary | CFD
| Long | 579 | 5.471192 GBP |
| 10p ordinary | CFD
| Long | 243 | 5.381728 GBP |
| 10p ordinary | CFD
| Long | 18651 | 5.539723 GBP |
| 10p ordinary | CFD
| Long | 1753 | 5.53916714204221 GBP |
| 10p ordinary | CFD
| Long | 2006 | 5.4872979998006 GBP |
| 10p ordinary | CFD
| Long | 4423 | 5.505886 GBP |
| 10p ordinary | CFD
| Long | 117 | 5.38153846 GBP |
| 10p ordinary | CFD
| Long | 2693 | 5.43204976 GBP |
| 10p ordinary | CFD
| Long | 16742 | 5.539917 GBP |
| 10p ordinary | CFD
| Long | 2204 | 5.42293058 GBP |
| 10p ordinary | CFD
| Long | 243 | 5.41679012 GBP |
| 10p ordinary | CFD
| Long | 240 | 5.41705416366667 GBP |
| 10p ordinary | CFD
| Long | 3624 | 5.42337996534216 GBP |
| 10p ordinary | CFD
| Long | 7763 | 5.43287118109751 GBP |
| 10p ordinary | CFD
| Long | 18495 | 5.40885374287699 GBP |
| 10p ordinary | CFD
| Long | 19809 | 5.41131748 GBP |
| 10p ordinary | CFD
| Long | 20708 | 5.48956248383717 GBP |
| 10p ordinary | CFD
| Long | 6569 | 5.52647762103973 GBP |
| 10p ordinary | CFD
| Short | 10439 | 5.49684375898075 GBP |
| 10p ordinary | CFD
| Short | 29785 | 5.53913104015981 GBP |
| 10p ordinary | CFD
| Short | 2190 | 5.52049863 GBP |
| 10p ordinary | CFD
| Short | 1135 | 5.48675859 GBP |
| 10p ordinary | CFD
| Short | 10014 | 5.53998731775514 GBP |
| 10p ordinary | CFD
| Short | 5130 | 5.53846628 GBP |
| 10p ordinary | CFD
| Short | 4335 | 5.46226528 GBP |
| 10p ordinary | CFD
| Short | 255 | 5.39407843 GBP |
| 10p ordinary | CFD
| Short | 117 | 5.540085 GBP |
| 10p ordinary | CFD
| Short | 11438 | 5.455824 GBP |
| 10p ordinary | CFD
| Short | 1760 | 5.526 GBP |
| 10p ordinary | CFD
| Short | 5173 | 5.49452774018945 GBP |
| 10p ordinary | CFD
| Short | 459 | 5.498858 GBP |
| 10p ordinary | CFD
| Short | 127 | 5.493291 GBP |
| 10p ordinary | CFD
| Short | 8475 | 5.48576660811091 GBP |
| 10p ordinary | CFD
| Short | 1012 | 5.48117786833992 GBP |
| 10p ordinary | CFD
| Short | 503 | 5.528 GBP |
| 10p ordinary | CFD
| Short | 2510 | 5.47844263191235 GBP |
| 10p ordinary | CFD
| Short | 733 | 5.42581446111869 GBP |
| 10p ordinary | CFD
| Short | 13557 | 5.46666888 GBP |
| 10p ordinary | CFD
| Short | 11192 | 5.524821 GBP |
| 10p ordinary | CFD
| Short | 4065 | 5.54083148831488 GBP |
| 10p ordinary | CFD
| Short | 71370 | 5.49212599740003 GBP |
| 10p ordinary | CFD
| Short | 78154 | 5.43985315 GBP |
| 10p ordinary | CFD
| Short | 41403 | 5.40887587 GBP |
| 10p ordinary | CFD
| Short | 20702 | 5.41218733 GBP |
| 10p ordinary | CFD
| Short | 1304 | 5.45040486 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: | 20 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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