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: | 04 April 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
| 198458 | 4.73094 GBP | 4.66299 GBP |
| 10p ordinary | Sell
| 578411 | 4.73000 GBP | 4.66577 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 | 1022 | 4.677 GBP |
| 10p ordinary | CFD
| Long | 1498 | 4.71803738317757 GBP |
| 10p ordinary | CFD
| Long | 980 | 4.683 GBP |
| 10p ordinary | CFD
| Long | 320 | 4.722 GBP |
| 10p ordinary | CFD
| Long | 551 | 4.71 GBP |
| 10p ordinary | CFD
| Long | 1035 | 4.72929468599034 GBP |
| 10p ordinary | CFD
| Long | 240 | 4.67984583333333 GBP |
| 10p ordinary | CFD
| Long | 1535 | 4.689833 GBP |
| 10p ordinary | CFD
| Long | 25 | 4.688 GBP |
| 10p ordinary | CFD
| Long | 25464 | 4.706186 GBP |
| 10p ordinary | CFD
| Long | 15842 | 4.693144 GBP |
| 10p ordinary | CFD
| Long | 341072 | 4.73 GBP |
| 10p ordinary | CFD
| Long | 1304 | 4.69874847 GBP |
| 10p ordinary | CFD
| Long | 11111 | 4.697697 GBP |
| 10p ordinary | CFD
| Long | 312 | 4.665769 GBP |
| 10p ordinary | CFD
| Long | 1 | 4.706 GBP |
| 10p ordinary | CFD
| Long | 27301 | 4.7299991 GBP |
| 10p ordinary | CFD
| Long | 540 | 4.6798462962963 GBP |
| 10p ordinary | CFD
| Long | 277 | 4.7245036 GBP |
| 10p ordinary | CFD
| Long | 9120 | 4.7038673245614 GBP |
| 10p ordinary | CFD
| Long | 8900 | 4.717901 GBP |
| 10p ordinary | CFD
| Long | 74352 | 4.723456 GBP |
| 10p ordinary | CFD
| Short | 2063 | 4.672 GBP |
| 10p ordinary | CFD
| Short | 2400 | 4.682 GBP |
| 10p ordinary | CFD
| Short | 25378 | 4.693087 GBP |
| 10p ordinary | CFD
| Short | 2456 | 4.669 GBP |
| 10p ordinary | CFD
| Short | 28 | 4.665 GBP |
| 10p ordinary | CFD
| Short | 678 | 4.663 GBP |
| 10p ordinary | CFD
| Short | 441 | 4.67700680272109 GBP |
| 10p ordinary | CFD
| Short | 2200 | 4.67583181818182 GBP |
| 10p ordinary | CFD
| Short | 2359 | 4.67604069520983 GBP |
| 10p ordinary | CFD
| Short | 12904 | 4.69889027 GBP |
| 10p ordinary | CFD
| Short | 15040 | 4.69710741 GBP |
| 10p ordinary | CFD
| Short | 14183 | 4.73 GBP |
| 10p ordinary | CFD
| Short | 47 | 4.704 GBP |
| 10p ordinary | CFD
| Short | 2635 | 4.68879316888046 GBP |
| 10p ordinary | CFD
| Short | 1801 | 4.73094392004442 GBP |
| 10p ordinary | CFD
| Short | 35000 | 4.7209 GBP |
| 10p ordinary | CFD
| Short | 272 | 4.708511 GBP |
| 10p ordinary | CFD
| Short | 294 | 4.711247 GBP |
| 10p ordinary | CFD
| Short | 16912 | 4.714844 GBP |
| 10p ordinary | CFD
| Short | 2440 | 4.730238 GBP |
| 10p ordinary | CFD
| Short | 14498 | 4.730237 GBP |
| 10p ordinary | CFD
| Short | 914 | 4.6771011 GBP |
| 10p ordinary | CFD
| Short | 2582 | 4.721902 GBP |
| 10p ordinary | CFD
| Short | 20446 | 4.688081 GBP |
| 10p ordinary | CFD
| Short | 866 | 4.6912246 GBP |
| 10p ordinary | CFD
| Short | 4422 | 4.68283028 GBP |
| 10p ordinary | CFD
| Short | 903 | 4.6822752 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: | 05 April 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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