5th Jul 2024 10:10
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: | 04 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
| 1300496 | 4.93299 GBP | 4.75385 GBP |
10p ordinary | Sell
| 1112560 | 4.94100 GBP | 4.90742 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 | 36027 | 4.924619 GBP |
10p ordinary | CFD
| Long | 513 | 4.91675341068226 GBP |
10p ordinary | CFD
| Long | 52632 | 4.92 GBP |
10p ordinary | CFD
| Long | 422 | 4.91779502 GBP |
10p ordinary | CFD
| Long | 72957 | 4.91999913634483 GBP |
10p ordinary | CFD
| Long | 15643 | 4.91912069216774 GBP |
10p ordinary | CFD
| Long | 13826 | 4.923396 GBP |
10p ordinary | CFD
| Long | 11751 | 4.92187482 GBP |
10p ordinary | CFD
| Long | 7738 | 4.934153 GBP |
10p ordinary | CFD
| Long | 1590 | 4.941 GBP |
10p ordinary | CFD
| Long | 443 | 4.91971557562077 GBP |
10p ordinary | CFD
| Long | 6 | 4.9175 GBP |
10p ordinary | CFD
| Long | 1126 | 4.92989183029307 GBP |
10p ordinary | CFD
| Long | 504 | 4.92958929 GBP |
10p ordinary | CFD
| Long | 6000 | 4.92712166666667 GBP |
10p ordinary | CFD
| Long | 4665 | 4.92606238003215 GBP |
10p ordinary | CFD
| Long | 638 | 4.93550157 GBP |
10p ordinary | CFD
| Long | 951 | 4.93803049 GBP |
10p ordinary | CFD
| Long | 50000 | 4.915 GBP |
10p ordinary | CFD
| Long | 36747 | 4.91901597409312 GBP |
10p ordinary | CFD
| Long | 55592 | 4.91002662253562 GBP |
10p ordinary | CFD
| Long | 245404 | 4.91702441687992 GBP |
10p ordinary | CFD
| Long | 189018 | 4.92251526309664 GBP |
10p ordinary | CFD
| Long | 938 | 4.9197132196162 GBP |
10p ordinary | CFD
| Short | 6 | 4.9175 GBP |
10p ordinary | CFD
| Short | 10502 | 4.920246 GBP |
10p ordinary | CFD
| Short | 4770 | 4.920245 GBP |
10p ordinary | CFD
| Short | 192 | 4.888229 GBP |
10p ordinary | CFD
| Short | 820686 | 4.92 GBP |
10p ordinary | CFD
| Short | 29023 | 4.75385 GBP |
10p ordinary | CFD
| Short | 114977 | 4.753851 GBP |
10p ordinary | CFD
| Short | 408 | 4.91850122862745 GBP |
10p ordinary | CFD
| Short | 408 | 4.91878554 GBP |
10p ordinary | CFD
| Short | 10150 | 4.92382995140394 GBP |
10p ordinary | CFD
| Short | 799 | 4.92066708385482 GBP |
10p ordinary | CFD
| Short | 602 | 4.9200615 GBP |
10p ordinary | CFD
| Short | 360 | 4.88836111 GBP |
10p ordinary | CFD
| Short | 106 | 4.91311321 GBP |
10p ordinary | CFD
| Short | 4602 | 4.913716 GBP |
10p ordinary | CFD
| Short | 10024 | 4.9233043 GBP |
10p ordinary | CFD
| Short | 1 | 4.926 GBP |
10p ordinary | CFD
| Short | 4842 | 4.92299442379182 GBP |
10p ordinary | CFD
| Short | 15870 | 4.92169798684184 GBP |
10p ordinary | CFD
| Short | 2764 | 4.92446212 GBP |
10p ordinary | CFD
| Short | 2086 | 4.925911 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