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 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
| 1018288 | 4.55398 GBP | 4.46123 GBP |
| 10p ordinary | Sell
| 537561 | 4.55398 GBP | 4.46066 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 | 5221 | 4.52963666 GBP |
| 10p ordinary | CFD
| Long | 170 | 4.4630353 GBP |
| 10p ordinary | CFD
| Long | 58521 | 4.518 GBP |
| 10p ordinary | CFD
| Long | 8013 | 4.51790659 GBP |
| 10p ordinary | CFD
| Long | 676 | 4.519 GBP |
| 10p ordinary | CFD
| Long | 8810 | 4.51695 GBP |
| 10p ordinary | CFD
| Long | 9599 | 4.5229 GBP |
| 10p ordinary | CFD
| Long | 357 | 4.46351401 GBP |
| 10p ordinary | CFD
| Long | 4254 | 4.50605994 GBP |
| 10p ordinary | CFD
| Long | 1327 | 4.51281085154484 GBP |
| 10p ordinary | CFD
| Long | 1081 | 4.527932 GBP |
| 10p ordinary | CFD
| Long | 6561 | 4.51766194177717 GBP |
| 10p ordinary | CFD
| Long | 3902 | 4.52000397 GBP |
| 10p ordinary | CFD
| Long | 2637 | 4.485 GBP |
| 10p ordinary | CFD
| Long | 1672 | 4.52 GBP |
| 10p ordinary | CFD
| Long | 15625 | 4.51794352 GBP |
| 10p ordinary | CFD
| Long | 19429 | 4.49286406917494 GBP |
| 10p ordinary | CFD
| Long | 24723 | 4.517774 GBP |
| 10p ordinary | CFD
| Long | 20881 | 4.521257 GBP |
| 10p ordinary | CFD
| Long | 16712 | 4.5155143 GBP |
| 10p ordinary | CFD
| Long | 898 | 4.46066815 GBP |
| 10p ordinary | CFD
| Long | 6126 | 4.480183 GBP |
| 10p ordinary | CFD
| Long | 3069 | 4.50336266 GBP |
| 10p ordinary | CFD
| Long | 8527 | 4.49286536882843 GBP |
| 10p ordinary | CFD
| Long | 79497 | 4.530292 GBP |
| 10p ordinary | CFD
| Short | 938 | 4.51823 GBP |
| 10p ordinary | CFD
| Short | 12163 | 4.51646 GBP |
| 10p ordinary | CFD
| Short | 188880 | 4.525123 GBP |
| 10p ordinary | CFD
| Short | 16240 | 4.50239 GBP |
| 10p ordinary | CFD
| Short | 361134 | 4.518 GBP |
| 10p ordinary | CFD
| Short | 6238 | 4.51286470022443 GBP |
| 10p ordinary | CFD
| Short | 40 | 4.529925 GBP |
| 10p ordinary | CFD
| Short | 19126 | 4.517498 GBP |
| 10p ordinary | CFD
| Short | 304 | 4.51845904210526 GBP |
| 10p ordinary | CFD
| Short | 364 | 4.461236 GBP |
| 10p ordinary | CFD
| Short | 18034 | 4.53062715 GBP |
| 10p ordinary | CFD
| Short | 3405 | 4.53641909 GBP |
| 10p ordinary | CFD
| Short | 11953 | 4.4658 GBP |
| 10p ordinary | CFD
| Short | 79987 | 4.519088 GBP |
| 10p ordinary | CFD
| Short | 2100 | 4.49588571428571 GBP |
| 10p ordinary | CFD
| Short | 687 | 4.52128125618632 GBP |
| 10p ordinary | CFD
| Short | 1430 | 4.5333282 GBP |
| 10p ordinary | CFD
| Short | 60500 | 4.52451669421488 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: | 23 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.
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.
