9th Feb 2024 11:37
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: | 08 February 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
| 1619875 | 5.00401 GBP | 4.86296 GBP |
10p ordinary | Sell
| 3115372 | 5.00000 GBP | 4.87195 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 | 156840 | 4.96741705 GBP |
10p ordinary | CFD
| Long | 74351 | 4.97856949 GBP |
10p ordinary | CFD
| Long | 3 | 4.955 GBP |
10p ordinary | CFD
| Long | 2 | 4.96325 GBP |
10p ordinary | CFD
| Long | 43774 | 4.939832 GBP |
10p ordinary | CFD
| Long | 7406 | 4.953802 GBP |
10p ordinary | CFD
| Long | 152132 | 4.904 GBP |
10p ordinary | CFD
| Long | 38400 | 4.95050729166667 GBP |
10p ordinary | CFD
| Long | 2828 | 4.87465700141443 GBP |
10p ordinary | CFD
| Long | 3384 | 4.95432624113475 GBP |
10p ordinary | CFD
| Long | 17088 | 4.93482151217228 GBP |
10p ordinary | CFD
| Long | 32300 | 4.95853591331269 GBP |
10p ordinary | CFD
| Long | 1101941 | 5.0 GBP |
10p ordinary | CFD
| Long | 6661 | 4.95 GBP |
10p ordinary | CFD
| Long | 1182 | 4.94657 GBP |
10p ordinary | CFD
| Long | 878 | 4.946 GBP |
10p ordinary | CFD
| Long | 172207 | 4.96 GBP |
10p ordinary | CFD
| Long | 214 | 4.961 GBP |
10p ordinary | CFD
| Long | 1788 | 4.951 GBP |
10p ordinary | CFD
| Long | 33057 | 4.949669 GBP |
10p ordinary | CFD
| Long | 59554 | 4.884412 GBP |
10p ordinary | CFD
| Long | 9042 | 4.936387 GBP |
10p ordinary | CFD
| Long | 3434 | 4.959541 GBP |
10p ordinary | CFD
| Long | 270720 | 4.93753 GBP |
10p ordinary | CFD
| Long | 4627 | 4.9316 GBP |
10p ordinary | CFD
| Long | 10413 | 4.916457 GBP |
10p ordinary | CFD
| Long | 4363 | 4.919 GBP |
10p ordinary | CFD
| Long | 35000 | 4.91 GBP |
10p ordinary | CFD
| Long | 2284 | 4.877715 GBP |
10p ordinary | CFD
| Long | 8580 | 4.94657925407925 GBP |
10p ordinary | CFD
| Long | 2514 | 4.94553301511535 GBP |
10p ordinary | CFD
| Short | 230 | 4.899974 GBP |
10p ordinary | CFD
| Short | 335 | 4.902412 GBP |
10p ordinary | CFD
| Short | 5417 | 4.948214 GBP |
10p ordinary | CFD
| Short | 125753 | 4.875 GBP |
10p ordinary | CFD
| Short | 9000 | 4.98302422 GBP |
10p ordinary | CFD
| Short | 5837 | 4.94314656501628 GBP |
10p ordinary | CFD
| Short | 204 | 4.930353 GBP |
10p ordinary | CFD
| Short | 15932 | 4.927131 GBP |
10p ordinary | CFD
| Short | 70259 | 4.905751 GBP |
10p ordinary | CFD
| Short | 7 | 4.992143 GBP |
10p ordinary | CFD
| Short | 170 | 4.90110771 GBP |
10p ordinary | CFD
| Short | 35 | 4.9534953 GBP |
10p ordinary | CFD
| Short | 10878 | 4.875244 GBP |
10p ordinary | CFD
| Short | 7383 | 4.875243 GBP |
10p ordinary | CFD
| Short | 34624 | 4.87464682 GBP |
10p ordinary | CFD
| Short | 7900 | 5.00248987341772 GBP |
10p ordinary | CFD
| Short | 5800 | 4.91596034482759 GBP |
10p ordinary | CFD
| Short | 1773 | 4.909 GBP |
10p ordinary | CFD
| Short | 3427 | 4.952 GBP |
10p ordinary | CFD
| Short | 630 | 4.920833 GBP |
10p ordinary | CFD
| Short | 31266 | 4.94188159662253 GBP |
10p ordinary | CFD
| Short | 2128 | 4.91353 GBP |
10p ordinary | CFD
| Short | 800 | 4.9605 GBP |
10p ordinary | CFD
| Short | 8786 | 4.959 GBP |
10p ordinary | CFD
| Short | 2256 | 4.963 GBP |
10p ordinary | CFD
| Short | 1772 | 4.961 GBP |
10p ordinary | CFD
| Short | 658 | 4.962 GBP |
10p ordinary | CFD
| Short | 452 | 4.9185 GBP |
10p ordinary | CFD
| Short | 176 | 4.9505 GBP |
10p ordinary | CFD
| Short | 1761 | 4.919 GBP |
10p ordinary | CFD
| Short | 622 | 4.917 GBP |
10p ordinary | CFD
| Short | 3442 | 4.95 GBP |
10p ordinary | CFD
| Short | 272 | 4.949 GBP |
10p ordinary | CFD
| Short | 1816 | 4.921 GBP |
10p ordinary | CFD
| Short | 32 | 4.953 GBP |
10p ordinary | CFD
| Short | 1403 | 4.957 GBP |
10p ordinary | CFD
| Short | 136 | 4.954 GBP |
10p ordinary | CFD
| Short | 939 | 4.9535 GBP |
10p ordinary | CFD
| Short | 1316 | 4.959929 GBP |
10p ordinary | CFD
| Short | 6922 | 4.96 GBP |
10p ordinary | CFD
| Short | 1598 | 4.906872 GBP |
10p ordinary | CFD
| Short | 1718 | 4.976 GBP |
10p ordinary | CFD
| Short | 648 | 4.907 GBP |
10p ordinary | CFD
| Short | 626 | 4.966936 GBP |
10p ordinary | CFD
| Short | 711 | 4.966 GBP |
10p ordinary | CFD
| Short | 456 | 4.965568 GBP |
10p ordinary | CFD
| Short | 110241 | 4.958485 GBP |
10p ordinary | CFD
| Short | 14562 | 4.924861 GBP |
10p ordinary | CFD
| Short | 59361 | 4.934684 GBP |
10p ordinary | CFD
| Short | 12872 | 4.929501 GBP |
10p ordinary | CFD
| Short | 45 | 4.886441 GBP |
10p ordinary | CFD
| Short | 22921 | 4.8759753064875 GBP |
10p ordinary | CFD
| Short | 3489 | 4.875093 GBP |
10p ordinary | CFD
| Short | 822 | 4.885981 GBP |
10p ordinary | CFD
| Short | 194 | 4.886544 GBP |
10p ordinary | CFD
| Short | 100 | 4.880109 GBP |
10p ordinary | CFD
| Short | 4 | 4.869487 GBP |
10p ordinary | CFD
| Short | 49 | 4.893489 GBP |
10p ordinary | CFD
| Short | 23 | 4.889489 GBP |
10p ordinary | CFD
| Short | 2574 | 4.94312723387723 GBP |
10p ordinary | CFD
| Short | 50000 | 4.967 GBP |
10p ordinary | CFD
| Short | 25000 | 4.951597 GBP |
10p ordinary | CFD
| Short | 50000 | 4.892464 GBP |
10p ordinary | CFD
| Short | 18101 | 4.919994 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: | 09 February 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