13th Jun 2024 12:06
This announcement replaces the previous RNS announcement 1684S released at 11:28 on the 12th June 2024. Amendments to sections 2a and 2b. All other information remains unchanged.
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: | 11 June 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
| 534192 | 5.08199 GBP | 4.95100 GBP |
10p ordinary | Sell
| 1513186 | 5.067066 GBP | 4.95100 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 | 82 | 5.036 GBP |
10p ordinary | CFD
| Long | 2595 | 5.02686204238921 GBP |
10p ordinary | CFD
| Long | 17590 | 4.9764550321535 GBP |
10p ordinary | CFD
| Long | 294 | 5.0384557972449 GBP |
10p ordinary | CFD
| Long | 3402 | 5.052 GBP |
10p ordinary | CFD
| Long | 6817 | 5.00346868355435 GBP |
10p ordinary | CFD
| Long | 1042193 | 4.965 GBP |
10p ordinary | CFD
| Long | 8503 | 4.98321827821122 GBP |
10p ordinary | CFD
| Long | 64188 | 4.99737725 GBP |
10p ordinary | CFD
| Long | 4443 | 5.01217705 GBP |
10p ordinary | CFD
| Long | 1337 | 5.04049364 GBP |
10p ordinary | CFD
| Long | 9746 | 4.96821732 GBP |
10p ordinary | CFD
| Long | 221 | 5.065747 GBP |
10p ordinary | CFD
| Long | 13901 | 4.964751 GBP |
10p ordinary | CFD
| Long | 14684 | 4.99383 GBP |
10p ordinary | CFD
| Long | 1537 | 5.00569291 GBP |
10p ordinary | CFD
| Long | 8715 | 4.98061252 GBP |
10p ordinary | CFD
| Long | 6383 | 4.96541442 GBP |
10p ordinary | CFD
| Long | 9254 | 6.31750270153447 USD |
10p ordinary | CFD
| Long | 6549 | 5.023868 GBP |
10p ordinary | CFD
| Long | 1054 | 5.01916604 GBP |
10p ordinary | CFD
| Long | 9655 | 4.99040621235111 GBP |
10p ordinary | CFD
| Long | 10384 | 4.97186421146475 GBP |
10p ordinary | CFD
| Long | 27442 | 5.00605870822243 GBP |
10p ordinary | CFD
| Long | 5619 | 5.02686759209824 GBP |
10p ordinary | CFD
| Long | 5243 | 5.06031546445928 GBP |
10p ordinary | CFD
| Short | 20636 | 4.965 GBP |
10p ordinary | CFD
| Short | 3923 | 5.0652832016314 GBP |
10p ordinary | CFD
| Short | 5805 | 5.0158060271025 GBP |
10p ordinary | CFD
| Short | 109 | 5.076 GBP |
10p ordinary | CFD
| Short | 55862 | 4.97587522223014 GBP |
10p ordinary | CFD
| Short | 4200 | 5.05573571428571 GBP |
10p ordinary | CFD
| Short | 18057 | 5.07085 GBP |
10p ordinary | CFD
| Short | 2107 | 5.082 GBP |
10p ordinary | CFD
| Short | 3960 | 5.08 GBP |
10p ordinary | CFD
| Short | 6286 | 4.965248 GBP |
10p ordinary | CFD
| Short | 6794 | 4.96772499750074 GBP |
10p ordinary | CFD
| Short | 1812 | 5.06528476821192 GBP |
10p ordinary | CFD
| Short | 445 | 4.95582022 GBP |
10p ordinary | CFD
| Short | 375 | 4.9670560016 GBP |
10p ordinary | CFD
| Short | 27332 | 5.03968096004683 GBP |
10p ordinary | CFD
| Short | 1768 | 4.96534502262443 GBP |
10p ordinary | CFD
| Short | 157 | 4.996637 GBP |
10p ordinary | CFD
| Short | 313 | 5.01340983009585 GBP |
10p ordinary | CFD
| Short | 208 | 5.00930288 GBP |
10p ordinary | CFD
| Short | 44016 | 4.97274254801754 GBP |
10p ordinary | CFD
| Short | 1404 | 4.96184829 GBP |
10p ordinary | CFD
| Short | 7000 | 5.02217871535857 GBP |
10p ordinary | CFD
| Short | 937 | 4.992247 GBP |
10p ordinary | CFD
| Short | 59536 | 5.0663 GBP |
10p ordinary | CFD
| Short | 17944 | 4.9905 GBP |
10p ordinary | CFD
| Short | 5784 | 4.96574515905947 GBP |
10p ordinary | CFD
| Short | 72000 | 5.059054 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: | 13 June 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