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: | 22 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
| 42643377 | 5.50252 GBP | 5.45331 GBP |
| 10p ordinary | Sell
| 22190457 | 5.50252 GBP | 5.44619 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 | 45447 | 5.47409906231368 GBP |
| 10p ordinary | CFD
| Long | 35405 | 5.501314 GBP |
| 10p ordinary | CFD
| Long | 15522 | 5.4760632674024 GBP |
| 10p ordinary | CFD
| Long | 6302 | 5.48701269 GBP |
| 10p ordinary | CFD
| Long | 1667 | 5.49554769 GBP |
| 10p ordinary | CFD
| Long | 347194 | 5.502 GBP |
| 10p ordinary | CFD
| Long | 8846 | 5.501917 GBP |
| 10p ordinary | CFD
| Long | 7889 | 5.46257574 GBP |
| 10p ordinary | CFD
| Long | 1466 | 5.48 GBP |
| 10p ordinary | CFD
| Long | 984 | 5.466 GBP |
| 10p ordinary | CFD
| Long | 11349 | 5.467578 GBP |
| 10p ordinary | CFD
| Long | 4600 | 5.4806152173913 GBP |
| 10p ordinary | CFD
| Long | 2827 | 5.49740644 GBP |
| 10p ordinary | CFD
| Long | 544 | 5.45 GBP |
| 10p ordinary | CFD
| Long | 23 | 5.44593193 GBP |
| 10p ordinary | CFD
| Long | 797 | 5.482683 GBP |
| 10p ordinary | CFD
| Long | 455879 | 5.4927207088168 GBP |
| 10p ordinary | CFD
| Long | 34004 | 5.501725 GBP |
| 10p ordinary | CFD
| Long | 641 | 5.461888 GBP |
| 10p ordinary | CFD
| Long | 397 | 5.501713 GBP |
| 10p ordinary | CFD
| Long | 46886 | 5.48017546958964 GBP |
| 10p ordinary | CFD
| Long | 1950 | 5.49385282 GBP |
| 10p ordinary | CFD
| Long | 17676 | 5.47510025 GBP |
| 10p ordinary | CFD
| Long | 90527 | 5.497108 GBP |
| 10p ordinary | CFD
| Long | 372353 | 5.4658975 GBP |
| 10p ordinary | CFD
| Long | 9360 | 5.459454 GBP |
| 10p ordinary | CFD
| Long | 33943 | 5.489451 GBP |
| 10p ordinary | CFD
| Long | 14400 | 5.4554544 GBP |
| 10p ordinary | CFD
| Long | 23760 | 5.469453 GBP |
| 10p ordinary | CFD
| Long | 35002 | 5.4814518 GBP |
| 10p ordinary | CFD
| Long | 27886 | 5.49020535 GBP |
| 10p ordinary | CFD
| Long | 36712 | 5.48004485 GBP |
| 10p ordinary | CFD
| Long | 915 | 5.4904509 GBP |
| 10p ordinary | CFD
| Long | 20915 | 5.49903123 GBP |
| 10p ordinary | CFD
| Long | 8539 | 5.49553222 GBP |
| 10p ordinary | CFD
| Short | 18902 | 5.48465548 GBP |
| 10p ordinary | CFD
| Short | 3533 | 5.48460352 GBP |
| 10p ordinary | CFD
| Short | 788 | 5.48768164 GBP |
| 10p ordinary | CFD
| Short | 249660 | 5.496238 GBP |
| 10p ordinary | CFD
| Short | 12925 | 5.48793392649903 GBP |
| 10p ordinary | CFD
| Short | 21891 | 5.49830761509981 GBP |
| 10p ordinary | CFD
| Short | 1394 | 5.45331277 GBP |
| 10p ordinary | CFD
| Short | 4226 | 5.50088633 GBP |
| 10p ordinary | CFD
| Short | 5305 | 5.46817908 GBP |
| 10p ordinary | CFD
| Short | 5522 | 5.493632 GBP |
| 10p ordinary | CFD
| Short | 6252 | 5.48793522072937 GBP |
| 10p ordinary | CFD
| Short | 2503 | 5.4863020754 GBP |
| 10p ordinary | CFD
| Short | 4297 | 5.48198006991157 GBP |
| 10p ordinary | CFD
| Short | 299 | 5.489569 GBP |
| 10p ordinary | CFD
| Short | 9205 | 5.4562075 GBP |
| 10p ordinary | CFD
| Short | 1718 | 5.47352109178114 GBP |
| 10p ordinary | CFD
| Short | 3800 | 5.45671842105263 GBP |
| 10p ordinary | CFD
| Short | 29781 | 5.47952661272288 GBP |
| 10p ordinary | CFD
| Short | 19674 | 5.47920404 GBP |
| 10p ordinary | CFD
| Short | 15538 | 5.47657130695328 GBP |
| 10p ordinary | CFD
| Short | 4880 | 5.47590450739549 GBP |
| 10p ordinary | CFD
| Short | 198880 | 5.502 GBP |
| 10p ordinary | CFD
| Short | 34203 | 5.47467965 GBP |
| 10p ordinary | CFD
| Short | 11501 | 5.48303539 GBP |
| 10p ordinary | CFD
| Short | 6 | 5.49 GBP |
| 10p ordinary | CFD
| Short | 5602 | 5.502081 GBP |
| 10p ordinary | CFD
| Short | 11817 | 5.4847 GBP |
| 10p ordinary | CFD
| Short | 3538 | 5.4878253250424 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: | 23 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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