17th Jul 2024 10:58
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: | 16 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
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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
| 587875 | 3.06800 GBP | 1.81000 GBP |
10p ordinary | Sell
| 473970 | 3.06800 GBP | 1.81228 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 | 145 | 4.956 GBP |
10p ordinary | CFD
| Long | 3403 | 4.967847 GBP |
10p ordinary | CFD
| Long | 28203 | 4.98820806851363 GBP |
10p ordinary | CFD
| Long | 1901 | 4.980435 GBP |
10p ordinary | CFD
| Long | 10151 | 4.97548434 GBP |
10p ordinary | CFD
| Long | 4527 | 4.99205213165452 GBP |
10p ordinary | CFD
| Long | 9400 | 4.98965638297872 GBP |
10p ordinary | CFD
| Long | 2700 | 4.96643703703704 GBP |
10p ordinary | CFD
| Long | 71322 | 4.993 GBP |
10p ordinary | CFD
| Long | 469 | 5.0 GBP |
10p ordinary | CFD
| Long | 1849 | 4.982368 GBP |
10p ordinary | CFD
| Long | 180000 | 4.9777 GBP |
10p ordinary | CFD
| Long | 8703 | 4.992751 GBP |
10p ordinary | CFD
| Long | 345 | 4.99205797101449 GBP |
10p ordinary | CFD
| Long | 14896 | 4.9870234 GBP |
10p ordinary | CFD
| Long | 13679 | 5.00192997 GBP |
10p ordinary | CFD
| Long | 314 | 4.99293759 GBP |
10p ordinary | CFD
| Long | 50 | 4.9296 GBP |
10p ordinary | CFD
| Long | 10149 | 4.99416169 GBP |
10p ordinary | CFD
| Long | 10004 | 4.990181 GBP |
10p ordinary | CFD
| Long | 13451 | 4.98725867997101 GBP |
10p ordinary | CFD
| Long | 4679 | 4.97301122 GBP |
10p ordinary | CFD
| Long | 13056 | 4.99162251058747 GBP |
10p ordinary | CFD
| Long | 13856 | 4.97128651873701 GBP |
10p ordinary | CFD
| Long | 4520 | 4.99205088495575 GBP |
10p ordinary | CFD
| Long | 445 | 4.9851851338427 GBP |
10p ordinary | CFD
| Short | 2121 | 4.993 GBP |
10p ordinary | CFD
| Short | 32 | 4.9614375 GBP |
10p ordinary | CFD
| Short | 10071 | 4.98517625181015 GBP |
10p ordinary | CFD
| Short | 116979 | 4.99213119227169 GBP |
10p ordinary | CFD
| Short | 73 | 4.99306241 GBP |
10p ordinary | CFD
| Short | 11639 | 4.9860976 GBP |
10p ordinary | CFD
| Short | 4894 | 4.974 GBP |
10p ordinary | CFD
| Short | 829 | 4.973 GBP |
10p ordinary | CFD
| Short | 32459 | 4.972967 GBP |
10p ordinary | CFD
| Short | 1074 | 4.97 GBP |
10p ordinary | CFD
| Short | 15 | 4.9618 GBP |
10p ordinary | CFD
| Short | 494 | 4.983955 GBP |
10p ordinary | CFD
| Short | 1580 | 4.98800759392405 GBP |
10p ordinary | CFD
| Short | 4782 | 4.98286606069218 GBP |
10p ordinary | CFD
| Short | 2683 | 4.98135240653746 GBP |
10p ordinary | CFD
| Short | 1040 | 4.98175529 GBP |
10p ordinary | CFD
| Short | 38814 | 4.98110576097568 GBP |
10p ordinary | CFD
| Short | 8747 | 4.99221115560764 GBP |
10p ordinary | CFD
| Short | 68782 | 4.99338626 GBP |
10p ordinary | CFD
| Short | 4809 | 4.98321955 GBP |
10p ordinary | CFD
| Short | 14000 | 4.98022173 GBP |
10p ordinary | CFD
| Short | 13945 | 4.98044699 GBP |
10p ordinary | CFD
| Short | 10993 | 4.98208354 GBP |
10p ordinary | CFD
| Short | 10528 | 4.98341639 GBP |
10p ordinary | CFD
| Short | 8606 | 4.98718134 GBP |
10p ordinary | CFD
| Short | 8439 | 4.98957604 GBP |
10p ordinary | CFD
| Short | 24028 | 4.98900697 GBP |
10p ordinary | CFD
| Short | 2918 | 4.993249 GBP |
10p ordinary | CFD
| Short | 1660 | 4.984455 GBP |
10p ordinary | CFD
| Short | 1233 | 4.98614 GBP |
10p ordinary | CFD
| Short | 1131 | 4.993095 GBP |
10p ordinary | CFD
| Short | 872 | 4.983209 GBP |
10p ordinary | CFD
| Short | 838 | 4.980078 GBP |
10p ordinary | CFD
| Short | 189 | 4.992567 GBP |
10p ordinary | CFD
| Short | 89 | 4.973699 GBP |
10p ordinary | CFD
| Short | 57 | 4.980564 GBP |
10p ordinary | CFD
| Short | 56 | 4.990158 GBP |
10p ordinary | CFD
| Short | 45 | 4.96792815555556 GBP |
10p ordinary | CFD
| Short | 28 | 4.985141 GBP |
10p ordinary | CFD
| Short | 20 | 4.992499 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: | 17 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