17th Jun 2024 11:13
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: | 14 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
| 902979 | 5.00197 GBP | 4.86398 GBP |
10p ordinary | Sell
| 789730 | 5.00197 GBP | 4.86398 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 | 829 | 4.969 GBP |
10p ordinary | CFD
| Long | 213 | 4.918 GBP |
10p ordinary | CFD
| Long | 479 | 4.911 GBP |
10p ordinary | CFD
| Long | 1433 | 4.924 GBP |
10p ordinary | CFD
| Long | 29124 | 4.943707 GBP |
10p ordinary | CFD
| Long | 1323 | 4.967 GBP |
10p ordinary | CFD
| Long | 1976 | 4.888755 GBP |
10p ordinary | CFD
| Long | 6208 | 4.91505799580058 GBP |
10p ordinary | CFD
| Long | 8444 | 4.90016485170535 GBP |
10p ordinary | CFD
| Long | 4159 | 4.9044673 GBP |
10p ordinary | CFD
| Long | 224 | 4.9125 GBP |
10p ordinary | CFD
| Long | 744 | 4.91510609290323 GBP |
10p ordinary | CFD
| Long | 149 | 4.90641610644295 GBP |
10p ordinary | CFD
| Long | 3000 | 4.90290333333333 GBP |
10p ordinary | CFD
| Long | 3205 | 4.89982957 GBP |
10p ordinary | CFD
| Long | 1723 | 4.90177492 GBP |
10p ordinary | CFD
| Long | 17805 | 4.90452976 GBP |
10p ordinary | CFD
| Long | 3651 | 4.916488 GBP |
10p ordinary | CFD
| Long | 1104 | 4.9075 GBP |
10p ordinary | CFD
| Long | 494 | 4.91465789 GBP |
10p ordinary | CFD
| Long | 338400 | 4.93617 GBP |
10p ordinary | CFD
| Long | 969 | 4.89847162148607 GBP |
10p ordinary | CFD
| Long | 2328 | 4.90411115 GBP |
10p ordinary | CFD
| Long | 47000 | 4.909668 GBP |
10p ordinary | CFD
| Long | 1458 | 4.899263 GBP |
10p ordinary | CFD
| Long | 150000 | 4.947851 GBP |
10p ordinary | CFD
| Long | 45627 | 4.89514547162294 GBP |
10p ordinary | CFD
| Long | 7133 | 4.9504332 GBP |
10p ordinary | CFD
| Long | 12485 | 4.89761807 GBP |
10p ordinary | CFD
| Long | 9016 | 4.89516238 GBP |
10p ordinary | CFD
| Long | 20392 | 4.889 GBP |
10p ordinary | CFD
| Long | 1903 | 4.9715 GBP |
10p ordinary | CFD
| Short | 18036 | 4.8964985858727 GBP |
10p ordinary | CFD
| Short | 11930 | 4.91501207178458 GBP |
10p ordinary | CFD
| Short | 3638 | 4.91545767007147 GBP |
10p ordinary | CFD
| Short | 7887 | 4.90628261 GBP |
10p ordinary | CFD
| Short | 57161 | 4.891534 GBP |
10p ordinary | CFD
| Short | 1583 | 4.889 GBP |
10p ordinary | CFD
| Short | 400 | 4.936 GBP |
10p ordinary | CFD
| Short | 13755 | 4.937967 GBP |
10p ordinary | CFD
| Short | 3021 | 4.976 GBP |
10p ordinary | CFD
| Short | 40250 | 4.889244 GBP |
10p ordinary | CFD
| Short | 2901 | 4.8978303021303 GBP |
10p ordinary | CFD
| Short | 37802 | 4.88932924540527 GBP |
10p ordinary | CFD
| Short | 8533 | 4.89873748716044 GBP |
10p ordinary | CFD
| Short | 8796 | 4.89869759 GBP |
10p ordinary | CFD
| Short | 65048 | 4.90477776 GBP |
10p ordinary | CFD
| Short | 11203 | 4.95067183 GBP |
10p ordinary | CFD
| Short | 515 | 4.912238 GBP |
10p ordinary | CFD
| Short | 4470 | 4.89934711981208 GBP |
10p ordinary | CFD
| Short | 224 | 4.9125 GBP |
10p ordinary | CFD
| Short | 11583 | 4.92293663 GBP |
10p ordinary | CFD
| Short | 432000 | 4.9703 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 |
|
|
|
|
|
(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) |
|
|
|
|
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
|
(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: | 17 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 monitoring@disclosure.org.uk
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