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: | 01 March 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
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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
| 1972276 | 4.79006 GBP | 4.66500 GBP |
| 10p ordinary | Sell
| 1004349 | 4.79000 GBP | 4.69200 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 | 23519 | 4.79 GBP |
| 10p ordinary | CFD
| Long | 59311 | 4.773811 GBP |
| 10p ordinary | CFD
| Long | 8719 | 4.73454456 GBP |
| 10p ordinary | CFD
| Long | 7004 | 4.77282695602513 GBP |
| 10p ordinary | CFD
| Long | 21338 | 4.761531 GBP |
| 10p ordinary | CFD
| Long | 3195 | 4.78956056338028 GBP |
| 10p ordinary | CFD
| Long | 41156 | 4.75426552629021 GBP |
| 10p ordinary | CFD
| Long | 66400 | 4.73882123493976 GBP |
| 10p ordinary | CFD
| Long | 2056 | 4.778736 GBP |
| 10p ordinary | CFD
| Long | 283844 | 4.7296 GBP |
| 10p ordinary | CFD
| Long | 1409 | 4.78955216465578 GBP |
| 10p ordinary | CFD
| Long | 18320 | 4.75376528384279 GBP |
| 10p ordinary | CFD
| Long | 2587 | 4.784241 GBP |
| 10p ordinary | CFD
| Long | 21406 | 4.7407824 GBP |
| 10p ordinary | CFD
| Long | 76 | 4.712132 GBP |
| 10p ordinary | CFD
| Long | 278231 | 4.7072 GBP |
| 10p ordinary | CFD
| Long | 5704 | 4.74727875 GBP |
| 10p ordinary | CFD
| Long | 11994 | 4.771949 GBP |
| 10p ordinary | CFD
| Long | 132 | 4.705434 GBP |
| 10p ordinary | CFD
| Long | 3 | 4.696667 GBP |
| 10p ordinary | CFD
| Long | 496 | 4.789758 GBP |
| 10p ordinary | CFD
| Long | 4302 | 4.719338 GBP |
| 10p ordinary | CFD
| Long | 8304 | 4.78976 GBP |
| 10p ordinary | CFD
| Long | 661 | 4.709758 GBP |
| 10p ordinary | CFD
| Long | 7439 | 4.74699825 GBP |
| 10p ordinary | CFD
| Long | 1295 | 4.70964479 GBP |
| 10p ordinary | CFD
| Long | 11512 | 4.750168 GBP |
| 10p ordinary | CFD
| Short | 2445 | 4.733 GBP |
| 10p ordinary | CFD
| Short | 1608 | 4.739 GBP |
| 10p ordinary | CFD
| Short | 2480 | 4.74 GBP |
| 10p ordinary | CFD
| Short | 2470 | 4.749 GBP |
| 10p ordinary | CFD
| Short | 65888 | 4.727094 GBP |
| 10p ordinary | CFD
| Short | 1756 | 4.721 GBP |
| 10p ordinary | CFD
| Short | 891 | 4.706 GBP |
| 10p ordinary | CFD
| Short | 299 | 4.707134 GBP |
| 10p ordinary | CFD
| Short | 518 | 4.708 GBP |
| 10p ordinary | CFD
| Short | 951 | 4.696 GBP |
| 10p ordinary | CFD
| Short | 1745 | 4.704 GBP |
| 10p ordinary | CFD
| Short | 530818 | 4.72165382 GBP |
| 10p ordinary | CFD
| Short | 338400 | 4.78447545 GBP |
| 10p ordinary | CFD
| Short | 746 | 4.759914 GBP |
| 10p ordinary | CFD
| Short | 160 | 4.754631 GBP |
| 10p ordinary | CFD
| Short | 894 | 4.759062 GBP |
| 10p ordinary | CFD
| Short | 16298 | 4.740249 GBP |
| 10p ordinary | CFD
| Short | 28710 | 4.734452 GBP |
| 10p ordinary | CFD
| Short | 20837 | 4.76090896 GBP |
| 10p ordinary | CFD
| Short | 13368 | 4.7525 GBP |
| 10p ordinary | CFD
| Short | 6870 | 4.70969141193595 GBP |
| 10p ordinary | CFD
| Short | 10549 | 4.78788459 GBP |
| 10p ordinary | CFD
| Short | 1934 | 4.684 GBP |
| 10p ordinary | CFD
| Short | 3044 | 4.686 GBP |
| 10p ordinary | CFD
| Short | 955 | 4.685 GBP |
| 10p ordinary | CFD
| Short | 1629 | 4.689 GBP |
| 10p ordinary | CFD
| Short | 2176 | 4.688 GBP |
| 10p ordinary | CFD
| Short | 2526 | 4.714 GBP |
| 10p ordinary | CFD
| Short | 1009 | 4.717 GBP |
| 10p ordinary | CFD
| Short | 2470 | 4.726965 GBP |
| 10p ordinary | CFD
| Short | 1085 | 4.7165 GBP |
| 10p ordinary | CFD
| Short | 2397 | 4.725 GBP |
| 10p ordinary | CFD
| Short | 2470 | 4.723 GBP |
| 10p ordinary | CFD
| Short | 898 | 4.697097 GBP |
| 10p ordinary | CFD
| Short | 3120 | 4.71 GBP |
| 10p ordinary | CFD
| Short | 1069 | 4.715 GBP |
| 10p ordinary | CFD
| Short | 6718 | 4.734 GBP |
| 10p ordinary | CFD
| Short | 915 | 4.703 GBP |
| 10p ordinary | CFD
| Short | 647631 | 4.665 GBP |
| 10p ordinary | CFD
| Short | 1876 | 4.7137548 GBP |
| 10p ordinary | CFD
| Short | 5437 | 4.7581985 GBP |
| 10p ordinary | CFD
| Short | 845 | 4.723609 GBP |
| 10p ordinary | CFD
| Short | 4520 | 4.7673448 GBP |
| 10p ordinary | CFD
| Short | 100409 | 4.79 GBP |
| 10p ordinary | CFD
| Short | 13500 | 4.7649763 GBP |
| 10p ordinary | CFD
| Short | 2286 | 4.79005987 GBP |
| 10p ordinary | CFD
| Short | 1273 | 4.698 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 " |
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None
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(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: | 04 March 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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