31st May 2024 12:04
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: | 30 May 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
| 487798 | 5.03600 GBP | 4.92500 GBP |
10p ordinary | Sell
| 610131 | 5.03900 GBP | 4.92475 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 | 38400 | 5.03 GBP |
10p ordinary | CFD
| Long | 20645 | 5.01353720049164 GBP |
10p ordinary | CFD
| Long | 2773 | 4.99524305613415 GBP |
10p ordinary | CFD
| Long | 10776 | 5.02882071 GBP |
10p ordinary | CFD
| Long | 3746 | 4.99992682 GBP |
10p ordinary | CFD
| Long | 3068 | 5.020518 GBP |
10p ordinary | CFD
| Long | 10621 | 5.020168 GBP |
10p ordinary | CFD
| Long | 2446 | 5.01 GBP |
10p ordinary | CFD
| Long | 246152 | 5.023725949018 GBP |
10p ordinary | CFD
| Long | 14149 | 5.029748 GBP |
10p ordinary | CFD
| Long | 11229 | 5.029749 GBP |
10p ordinary | CFD
| Long | 285 | 4.924737 GBP |
10p ordinary | CFD
| Long | 1551 | 5.02924564796905 GBP |
10p ordinary | CFD
| Long | 27514 | 5.02370252 GBP |
10p ordinary | CFD
| Long | 2900 | 5.00551034482759 GBP |
10p ordinary | CFD
| Long | 831 | 5.00434657039711 GBP |
10p ordinary | CFD
| Long | 398 | 5.008 GBP |
10p ordinary | CFD
| Long | 310 | 4.992758 GBP |
10p ordinary | CFD
| Long | 35028 | 5.0227458 GBP |
10p ordinary | CFD
| Long | 9848 | 5.02944774298944 GBP |
10p ordinary | CFD
| Short | 99598 | 5.0139 GBP |
10p ordinary | CFD
| Short | 881 | 5.028933 GBP |
10p ordinary | CFD
| Short | 4876 | 5.035548 GBP |
10p ordinary | CFD
| Short | 7708 | 5.02348365 GBP |
10p ordinary | CFD
| Short | 11047 | 5.02151878 GBP |
10p ordinary | CFD
| Short | 23957 | 5.0284996454602 GBP |
10p ordinary | CFD
| Short | 53 | 5.036 GBP |
10p ordinary | CFD
| Short | 993 | 5.01875934502518 GBP |
10p ordinary | CFD
| Short | 867 | 5.0202845583 GBP |
10p ordinary | CFD
| Short | 1341 | 5.0207126811 GBP |
10p ordinary | CFD
| Short | 312 | 5.03046474358974 GBP |
10p ordinary | CFD
| Short | 750 | 5.02790699929333 GBP |
10p ordinary | CFD
| Short | 776 | 5.02096100390464 GBP |
10p ordinary | CFD
| Short | 11164 | 5.019109 GBP |
10p ordinary | CFD
| Short | 1736 | 5.021 GBP |
10p ordinary | CFD
| Short | 682 | 5.03044721407625 GBP |
10p ordinary | CFD
| Short | 336 | 4.9969017839881 GBP |
10p ordinary | CFD
| Short | 362 | 4.99631215 GBP |
10p ordinary | CFD
| Short | 100636 | 5.02857679164454 GBP |
10p ordinary | CFD
| Short | 7285 | 5.021438020593 GBP |
10p ordinary | CFD
| Short | 7000 | 5.00830571428571 GBP |
10p ordinary | CFD
| Short | 9136 | 5.01193 GBP |
10p ordinary | CFD
| Short | 2389 | 5.03 GBP |
10p ordinary | CFD
| Short | 6779 | 5.03006287 GBP |
10p ordinary | CFD
| Short | 5079 | 5.019915 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
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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: | 31 May 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 [email protected]
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.
Related Shares:
Barratt Developments