29th May 2024 11:28
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: | 28 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 |
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
| 240297 | 5.14764 GBP | 5.04400 GBP |
10p ordinary | Sell
| 604811 | 5.14764 GBP | 5.05199 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 | 79428 | 5.072 GBP |
10p ordinary | CFD
| Long | 195 | 5.09801538461538 GBP |
10p ordinary | CFD
| Long | 15840 | 5.071746 GBP |
10p ordinary | CFD
| Long | 13553 | 5.105888 GBP |
10p ordinary | CFD
| Long | 1381 | 5.12561912 GBP |
10p ordinary | CFD
| Long | 7401 | 5.086091 GBP |
10p ordinary | CFD
| Long | 17594 | 5.07694449 GBP |
10p ordinary | CFD
| Long | 27481 | 5.0911 GBP |
10p ordinary | CFD
| Long | 1759 | 5.11720181949972 GBP |
10p ordinary | CFD
| Long | 34719 | 5.12054549 GBP |
10p ordinary | CFD
| Long | 8636 | 5.08879076022696 GBP |
10p ordinary | CFD
| Long | 2262 | 5.12986914 GBP |
10p ordinary | CFD
| Long | 429 | 5.09802331002331 GBP |
10p ordinary | CFD
| Long | 114 | 5.12486842105263 GBP |
10p ordinary | CFD
| Long | 465 | 5.11364301075269 GBP |
10p ordinary | CFD
| Long | 23297 | 5.06848276583551 GBP |
10p ordinary | CFD
| Long | 1335 | 5.11 GBP |
10p ordinary | CFD
| Long | 38685 | 5.08790332 GBP |
10p ordinary | CFD
| Long | 184 | 5.09331 GBP |
10p ordinary | CFD
| Long | 701 | 5.09673 GBP |
10p ordinary | CFD
| Long | 4077 | 5.08868971928869 GBP |
10p ordinary | CFD
| Long | 250000 | 5.0657 GBP |
10p ordinary | CFD
| Long | 7268 | 5.0667699504678 GBP |
10p ordinary | CFD
| Long | 12 | 5.096 GBP |
10p ordinary | CFD
| Long | 2000 | 5.126 GBP |
10p ordinary | CFD
| Long | 6862 | 5.12186622151705 GBP |
10p ordinary | CFD
| Long | 2281 | 5.10758702323542 GBP |
10p ordinary | CFD
| Short | 414 | 5.090522 GBP |
10p ordinary | CFD
| Short | 119 | 5.10763025210084 GBP |
10p ordinary | CFD
| Short | 11567 | 5.07851456825019 GBP |
10p ordinary | CFD
| Short | 12 | 5.096 GBP |
10p ordinary | CFD
| Short | 29 | 5.07006897 GBP |
10p ordinary | CFD
| Short | 876 | 5.08528739361598 GBP |
10p ordinary | CFD
| Short | 507 | 5.126252 GBP |
10p ordinary | CFD
| Short | 11752 | 5.072 GBP |
10p ordinary | CFD
| Short | 51 | 5.06905882 GBP |
10p ordinary | CFD
| Short | 51176 | 5.1341 GBP |
10p ordinary | CFD
| Short | 60194 | 5.07540126647241 GBP |
10p ordinary | CFD
| Short | 77 | 5.10784415584416 GBP |
10p ordinary | CFD
| Short | 4300 | 5.13776511627907 GBP |
10p ordinary | CFD
| Short | 20737 | 5.094934 GBP |
10p ordinary | CFD
| Short | 2612 | 5.046076 GBP |
10p ordinary | CFD
| Short | 516 | 5.087095 GBP |
10p ordinary | CFD
| Short | 2227 | 5.06193174343511 GBP |
10p ordinary | CFD
| Short | 2082 | 5.13181748318924 GBP |
10p ordinary | CFD
| Short | 8 | 5.052 GBP |
10p ordinary | CFD
| Short | 1053 | 5.07196201333333 GBP |
10p ordinary | CFD
| Short | 4973 | 5.1350299009451 GBP |
10p ordinary | CFD
| Short | 2062 | 5.044 GBP |
10p ordinary | CFD
| Short | 2800 | 5.11458571428571 GBP |
10p ordinary | CFD
| Short | 223 | 5.10592728372197 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: | 29 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