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: | 20 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
| 1101658 | 5.62599 GBP | 5.48978 GBP |
| 10p ordinary | Sell
| 1267381 | 5.63600 GBP | 5.48928 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 | 3043 | 5.5415 GBP |
| 10p ordinary | CFD
| Long | 56709 | 5.49 GBP |
| 10p ordinary | CFD
| Long | 4987 | 5.556894 GBP |
| 10p ordinary | CFD
| Long | 171 | 5.543743 GBP |
| 10p ordinary | CFD
| Long | 124 | 5.56902977951613 GBP |
| 10p ordinary | CFD
| Long | 217753 | 5.54 GBP |
| 10p ordinary | CFD
| Long | 698 | 5.59292837 GBP |
| 10p ordinary | CFD
| Long | 2676 | 5.60591555 GBP |
| 10p ordinary | CFD
| Long | 3973 | 5.54156053328719 GBP |
| 10p ordinary | CFD
| Long | 11009 | 5.51202007 GBP |
| 10p ordinary | CFD
| Long | 57119 | 5.50653698458411 GBP |
| 10p ordinary | CFD
| Long | 174335 | 5.53031011 GBP |
| 10p ordinary | CFD
| Long | 1699 | 5.55461918457328 GBP |
| 10p ordinary | CFD
| Long | 133 | 5.548 GBP |
| 10p ordinary | CFD
| Long | 1582 | 5.48917825537295 GBP |
| 10p ordinary | CFD
| Long | 819 | 5.529455 GBP |
| 10p ordinary | CFD
| Long | 332 | 5.55993674 GBP |
| 10p ordinary | CFD
| Long | 724 | 5.58573619 GBP |
| 10p ordinary | CFD
| Long | 229540 | 5.528373 GBP |
| 10p ordinary | CFD
| Long | 1318 | 5.53525189650986 GBP |
| 10p ordinary | CFD
| Long | 667 | 5.506 GBP |
| 10p ordinary | CFD
| Long | 259 | 5.518228 GBP |
| 10p ordinary | CFD
| Long | 772 | 5.568 GBP |
| 10p ordinary | CFD
| Long | 9744 | 5.55914203432369 GBP |
| 10p ordinary | CFD
| Long | 2135 | 5.55110866639813 GBP |
| 10p ordinary | CFD
| Long | 27083 | 5.526263 GBP |
| 10p ordinary | CFD
| Short | 8600 | 5.52002326 GBP |
| 10p ordinary | CFD
| Short | 20920 | 5.51478193 GBP |
| 10p ordinary | CFD
| Short | 1000 | 5.515 GBP |
| 10p ordinary | CFD
| Short | 6124 | 5.60715088177662 GBP |
| 10p ordinary | CFD
| Short | 300 | 5.567 GBP |
| 10p ordinary | CFD
| Short | 78 | 5.563 GBP |
| 10p ordinary | CFD
| Short | 48133 | 5.534699 GBP |
| 10p ordinary | CFD
| Short | 12661 | 5.60715219966827 GBP |
| 10p ordinary | CFD
| Short | 1795 | 5.504 GBP |
| 10p ordinary | CFD
| Short | 2905 | 5.49038554216867 GBP |
| 10p ordinary | CFD
| Short | 537 | 5.502 GBP |
| 10p ordinary | CFD
| Short | 34 | 5.54394118 GBP |
| 10p ordinary | CFD
| Short | 236 | 5.54440678 GBP |
| 10p ordinary | CFD
| Short | 796 | 5.53502763599246 GBP |
| 10p ordinary | CFD
| Short | 33253 | 5.49187896106577 GBP |
| 10p ordinary | CFD
| Short | 6549 | 5.490082 GBP |
| 10p ordinary | CFD
| Short | 1840 | 5.50898533 GBP |
| 10p ordinary | CFD
| Short | 5153 | 5.51462953875995 GBP |
| 10p ordinary | CFD
| Short | 20817 | 5.50677072051448 GBP |
| 10p ordinary | CFD
| Short | 17461 | 5.50697705 GBP |
| 10p ordinary | CFD
| Short | 26218 | 5.490275 GBP |
| 10p ordinary | CFD
| Short | 8921 | 5.50890518 GBP |
| 10p ordinary | CFD
| Short | 8864 | 5.52920239 GBP |
| 10p ordinary | CFD
| Short | 5351 | 5.51091228 GBP |
| 10p ordinary | CFD
| Short | 1286 | 5.52050446 GBP |
| 10p ordinary | CFD
| Short | 30548 | 5.49271998 GBP |
| 10p ordinary | CFD
| Short | 1026 | 5.51223586988304 GBP |
| 10p ordinary | CFD
| Short | 32000 | 5.5230306278 GBP |
| 10p ordinary | CFD
| Short | 6427 | 5.49 GBP |
| 10p ordinary | CFD
| Short | 235920 | 5.5234687316 GBP |
| 10p ordinary | CFD
| Short | 15758 | 5.52915916 GBP |
| 10p ordinary | CFD
| Short | 72978 | 5.51508016388967 GBP |
| 10p ordinary | CFD
| Short | 6520 | 5.493635 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 | 12532 | 5.919 GBP | European | 17 September 2024 | 0.0329 GBP |
| 10p ordinary | Call | Selling | 12532 | 5.919 GBP | European | 17 September 2024 | 0.0329 GBP |
| 10p ordinary | Call | Purchasing | 12532 | 5.919 GBP | European | 17 September 2024 | 0.0329 GBP |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
|
|
|
|
|
|
(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) |
|
|
|
|
|
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: | 21 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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
