5th Jul 2024 10:13
This announcement replaces the previous RNS announcement 1962V released at 11:45 on the 4th July 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: | 03 July 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
| 620002 | 4.870730 GBP | 4.753850 GBP |
10p ordinary | Sell
| 493894 | 4.873016 GBP | 4.837777 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 | 64904 | 4.84503081474177 GBP |
10p ordinary | CFD
| Long | 1174 | 4.85008517887564 GBP |
10p ordinary | CFD
| Long | 286 | 4.8501048951049 GBP |
10p ordinary | CFD
| Long | 23503 | 4.869757 GBP |
10p ordinary | CFD
| Long | 20000 | 4.8495 GBP |
10p ordinary | CFD
| Long | 7442 | 4.85159869658694 GBP |
10p ordinary | CFD
| Long | 16826 | 4.86577023653869 GBP |
10p ordinary | CFD
| Long | 5104 | 4.85227214 GBP |
10p ordinary | CFD
| Long | 3176 | 4.84643742209068 GBP |
10p ordinary | CFD
| Long | 839 | 4.84831466 GBP |
10p ordinary | CFD
| Long | 567 | 4.86151675 GBP |
10p ordinary | CFD
| Long | 1624 | 4.84282759 GBP |
10p ordinary | CFD
| Long | 7026 | 4.87 GBP |
10p ordinary | CFD
| Long | 2 | 4.854 GBP |
10p ordinary | CFD
| Long | 2759 | 4.845198 GBP |
10p ordinary | CFD
| Long | 21875 | 4.850905 GBP |
10p ordinary | CFD
| Long | 2373 | 4.856 GBP |
10p ordinary | CFD
| Long | 685 | 4.861 GBP |
10p ordinary | CFD
| Long | 3518 | 4.85160474701535 GBP |
10p ordinary | CFD
| Long | 2715 | 4.85623425 GBP |
10p ordinary | CFD
| Long | 452 | 4.86504159659292 GBP |
10p ordinary | CFD
| Long | 845 | 4.87300592 GBP |
10p ordinary | CFD
| Long | 5566 | 4.86717499292131 GBP |
10p ordinary | CFD
| Long | 11690 | 4.8605056 GBP |
10p ordinary | CFD
| Long | 125564 | 4.85882808766844 GBP |
10p ordinary | CFD
| Long | 71286 | 4.86902603596779 GBP |
10p ordinary | CFD
| Short | 13186 | 4.85313529264371 GBP |
10p ordinary | CFD
| Short | 9502 | 4.84903599242265 GBP |
10p ordinary | CFD
| Short | 5607 | 4.85544599 GBP |
10p ordinary | CFD
| Short | 41238 | 4.86975522576265 GBP |
10p ordinary | CFD
| Short | 4198 | 4.87034063839924 GBP |
10p ordinary | CFD
| Short | 114977 | 4.753851 GBP |
10p ordinary | CFD
| Short | 162164 | 4.83482999 GBP |
10p ordinary | CFD
| Short | 29023 | 4.75385 GBP |
10p ordinary | CFD
| Short | 2782 | 4.870244 GBP |
10p ordinary | CFD
| Short | 3439 | 4.85939488281477 GBP |
10p ordinary | CFD
| Short | 16345 | 4.87073049862343 GBP |
10p ordinary | CFD
| Short | 106077 | 4.86344870151079 GBP |
10p ordinary | CFD
| Short | 122 | 4.8607459 GBP |
10p ordinary | CFD
| Short | 17991 | 4.84921766330665 GBP |
10p ordinary | CFD
| Short | 252 | 4.85460317460317 GBP |
10p ordinary | CFD
| Short | 6713 | 4.86516454 GBP |
10p ordinary | CFD
| Short | 2859 | 4.85093755 GBP |
10p ordinary | CFD
| Short | 256 | 4.857797 GBP |
10p ordinary | CFD
| Short | 12644 | 4.87 GBP |
10p ordinary | CFD
| Short | 132 | 4.86672727 GBP |
10p ordinary | CFD
| Short | 400 | 4.86 GBP |
10p ordinary | CFD
| Short | 116229 | 4.869247 GBP |
10p ordinary | CFD
| Short | 7046 | 4.86113667 GBP |
10p ordinary | CFD
| Short | 21 | 4.85 GBP |
10p ordinary | CFD
| Short | 7212 | 4.85949209575153 GBP |
10p ordinary | CFD
| Short | 35426 | 4.84860357 GBP |
10p ordinary | CFD
| Long | 35426 | 4.84860357 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: | 05 July 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