30th May 2024 11:47
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: | 29 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
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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
| 754614 | 5.05403 GBP | 4.95500 GBP |
10p ordinary | Sell
| 1491436 | 5.05403 GBP | 4.95498 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 | 14263 | 5.0094945 GBP |
10p ordinary | CFD
| Long | 57423 | 4.96919216061143 GBP |
10p ordinary | CFD
| Long | 6849 | 5.0095955612542 GBP |
10p ordinary | CFD
| Long | 35 | 4.97551429 GBP |
10p ordinary | CFD
| Long | 17564 | 4.95711705 GBP |
10p ordinary | CFD
| Long | 10844 | 4.96767228 GBP |
10p ordinary | CFD
| Long | 9127 | 4.98845513 GBP |
10p ordinary | CFD
| Long | 884 | 4.97397059 GBP |
10p ordinary | CFD
| Long | 248639 | 4.9671826872916 GBP |
10p ordinary | CFD
| Long | 1005 | 5.00294 GBP |
10p ordinary | CFD
| Long | 26985 | 5.00949416 GBP |
10p ordinary | CFD
| Long | 393 | 4.978786 GBP |
10p ordinary | CFD
| Long | 29500 | 5.00661389830508 GBP |
10p ordinary | CFD
| Long | 601 | 5.032 GBP |
10p ordinary | CFD
| Long | 426 | 4.979235 GBP |
10p ordinary | CFD
| Long | 8222 | 4.99584565513135 GBP |
10p ordinary | CFD
| Long | 2712 | 5.03508333261062 GBP |
10p ordinary | CFD
| Long | 36294 | 4.97767055 GBP |
10p ordinary | CFD
| Long | 184 | 4.98437 GBP |
10p ordinary | CFD
| Long | 298 | 4.994662 GBP |
10p ordinary | CFD
| Long | 3316 | 5.001661 GBP |
10p ordinary | CFD
| Long | 20157 | 4.955 GBP |
10p ordinary | CFD
| Long | 200000 | 5.046 GBP |
10p ordinary | CFD
| Long | 200000 | 4.9832 GBP |
10p ordinary | CFD
| Long | 150000 | 5.0276 GBP |
10p ordinary | CFD
| Long | 7458 | 5.03977595 GBP |
10p ordinary | CFD
| Short | 34861 | 5.0042 GBP |
10p ordinary | CFD
| Short | 16583 | 4.9762356 GBP |
10p ordinary | CFD
| Short | 17603 | 4.955 GBP |
10p ordinary | CFD
| Short | 941 | 4.981 GBP |
10p ordinary | CFD
| Short | 5607 | 4.98166497 GBP |
10p ordinary | CFD
| Short | 30509 | 4.956268117623 GBP |
10p ordinary | CFD
| Short | 1584 | 4.98952500085227 GBP |
10p ordinary | CFD
| Short | 12343 | 5.02831807933241 GBP |
10p ordinary | CFD
| Short | 23881 | 4.97003214 GBP |
10p ordinary | CFD
| Short | 884 | 4.9866863988 GBP |
10p ordinary | CFD
| Short | 2435 | 4.99498377823409 GBP |
10p ordinary | CFD
| Short | 38175 | 4.955248 GBP |
10p ordinary | CFD
| Short | 2958 | 4.98300299969912 GBP |
10p ordinary | CFD
| Short | 7695 | 4.97019681611436 GBP |
10p ordinary | CFD
| Short | 7 | 4.983714 GBP |
10p ordinary | CFD
| Short | 5346 | 4.99497390572391 GBP |
10p ordinary | CFD
| Short | 15768 | 5.01008000339104 GBP |
10p ordinary | CFD
| Short | 4135 | 4.99575235906167 GBP |
10p ordinary | CFD
| Short | 2101 | 5.01219466705378 GBP |
10p ordinary | CFD
| Short | 4691 | 5.02188713 GBP |
10p ordinary | CFD
| Short | 45222 | 4.973219 GBP |
10p ordinary | CFD
| Short | 1907 | 4.95506194 GBP |
10p ordinary | CFD
| Short | 35680 | 4.96923 GBP |
10p ordinary | CFD
| Short | 16722 | 4.98730899909999 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: | 30 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