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: | 21 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
| 32109361 | 5.52201 GBP | 5.4283 GBP |
| 10p ordinary | Sell
| 35054591 | 5.52201 GBP | 5.42837 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 | 965012 | 5.43 GBP |
| 10p ordinary | CFD
| Long | 111173 | 5.50515429 GBP |
| 10p ordinary | CFD
| Long | 97975 | 5.48557084 GBP |
| 10p ordinary | CFD
| Long | 176 | 5.47671143 GBP |
| 10p ordinary | CFD
| Long | 924 | 5.484859 GBP |
| 10p ordinary | CFD
| Long | 1715 | 5.47788 GBP |
| 10p ordinary | CFD
| Long | 1141 | 5.488918 GBP |
| 10p ordinary | CFD
| Long | 705 | 5.469661 GBP |
| 10p ordinary | CFD
| Long | 187458 | 5.489449 GBP |
| 10p ordinary | CFD
| Long | 310097 | 5.429837 GBP |
| 10p ordinary | CFD
| Long | 87 | 5.5087931 GBP |
| 10p ordinary | CFD
| Long | 37326 | 5.49586430214944 GBP |
| 10p ordinary | CFD
| Long | 23317 | 5.49302345829995 GBP |
| 10p ordinary | CFD
| Long | 62 | 5.50958064516129 GBP |
| 10p ordinary | CFD
| Long | 3062 | 5.48993138 GBP |
| 10p ordinary | CFD
| Long | 1185 | 5.47443038 GBP |
| 10p ordinary | CFD
| Long | 10090 | 5.485621 GBP |
| 10p ordinary | CFD
| Long | 5921 | 5.42918594831954 GBP |
| 10p ordinary | CFD
| Long | 427920 | 5.429457 GBP |
| 10p ordinary | CFD
| Long | 184 | 5.486 GBP |
| 10p ordinary | CFD
| Long | 19600 | 5.48410306122449 GBP |
| 10p ordinary | CFD
| Long | 144000 | 5.4291855 GBP |
| 10p ordinary | CFD
| Long | 2834 | 5.48499799979887 GBP |
| 10p ordinary | CFD
| Long | 3501 | 5.42918594687232 GBP |
| 10p ordinary | CFD
| Long | 5053 | 5.42918464278646 GBP |
| 10p ordinary | CFD
| Long | 4341 | 5.429728 GBP |
| 10p ordinary | CFD
| Long | 4825 | 5.42918549222798 GBP |
| 10p ordinary | CFD
| Long | 463532 | 5.48485171 GBP |
| 10p ordinary | CFD
| Long | 139 | 5.472164 GBP |
| 10p ordinary | CFD
| Short | 10309 | 5.48804346 GBP |
| 10p ordinary | CFD
| Short | 8053 | 5.4453 GBP |
| 10p ordinary | CFD
| Short | 1197 | 5.45768644 GBP |
| 10p ordinary | CFD
| Short | 404 | 5.50606436 GBP |
| 10p ordinary | CFD
| Short | 71829 | 5.43 GBP |
| 10p ordinary | CFD
| Short | 2513 | 5.496008 GBP |
| 10p ordinary | CFD
| Short | 23153 | 5.430272 GBP |
| 10p ordinary | CFD
| Short | 184 | 5.486 GBP |
| 10p ordinary | CFD
| Short | 71396 | 5.52 GBP |
| 10p ordinary | CFD
| Short | 127065 | 5.430082 GBP |
| 10p ordinary | CFD
| Short | 5264 | 5.49220231 GBP |
| 10p ordinary | CFD
| Short | 10766 | 5.47868363520063 GBP |
| 10p ordinary | CFD
| Short | 77939 | 5.47992709985963 GBP |
| 10p ordinary | CFD
| Short | 12102 | 5.43907371 GBP |
| 10p ordinary | CFD
| Short | 4213 | 5.430081 GBP |
| 10p ordinary | CFD
| Short | 2012 | 5.49022366 GBP |
| 10p ordinary | CFD
| Short | 16592 | 5.51 GBP |
| 10p ordinary | CFD
| Short | 12202 | 5.498 GBP |
| 10p ordinary | CFD
| Short | 3567 | 5.48 GBP |
| 10p ordinary | CFD
| Short | 139929 | 5.501757 GBP |
| 10p ordinary | CFD
| Short | 15143 | 5.514 GBP |
| 10p ordinary | CFD
| Short | 932 | 5.511 GBP |
| 10p ordinary | CFD
| Short | 1489 | 5.51281128 GBP |
| 10p ordinary | CFD
| Short | 2164 | 5.48085861 GBP |
| 10p ordinary | CFD
| Short | 233 | 5.438622 GBP |
| 10p ordinary | CFD
| Short | 126886 | 5.44433927421859 GBP |
| 10p ordinary | CFD
| Short | 3904 | 5.4970637811373 GBP |
| 10p ordinary | CFD
| Short | 2119 | 5.49326191380368 GBP |
| 10p ordinary | CFD
| Short | 1523 | 5.504 GBP |
| 10p ordinary | CFD
| Short | 8164 | 5.4885388 GBP |
| 10p ordinary | CFD
| Short | 14236 | 5.49142778858598 GBP |
| 10p ordinary | CFD
| Short | 3960 | 5.43545454545455 GBP |
| 10p ordinary | CFD
| Short | 55409 | 5.48785118 GBP |
| 10p ordinary | CFD
| Short | 5218 | 5.50186231 GBP |
| 10p ordinary | CFD
| Short | 4410 | 5.49767977 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 |
|
|
|
|
|
|
(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: | 22 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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