10th Jul 2024 11:48
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: | 09 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
| 1282313 | 5.09436 GBP | 4.90500 GBP |
10p ordinary | Sell
| 639595 | 5.09350 GBP | 4.90500 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 | 11283 | 5.0492 GBP |
10p ordinary | CFD
| Long | 53717 | 5.02666 GBP |
10p ordinary | CFD
| Long | 8165 | 4.94312713 GBP |
10p ordinary | CFD
| Long | 5760 | 4.95029167 GBP |
10p ordinary | CFD
| Long | 32500 | 4.96452 GBP |
10p ordinary | CFD
| Long | 153082 | 4.912 GBP |
10p ordinary | CFD
| Long | 225 | 5.06 GBP |
10p ordinary | CFD
| Long | 4207 | 5.0206368 GBP |
10p ordinary | CFD
| Long | 38440 | 4.93383500097633 GBP |
10p ordinary | CFD
| Long | 19233 | 4.9698584218723 GBP |
10p ordinary | CFD
| Long | 1767 | 4.99949632232598 GBP |
10p ordinary | CFD
| Long | 15943 | 4.938627 GBP |
10p ordinary | CFD
| Long | 13790 | 4.9115546 GBP |
10p ordinary | CFD
| Long | 602 | 4.99126246 GBP |
10p ordinary | CFD
| Long | 6793 | 4.92550004 GBP |
10p ordinary | CFD
| Long | 6479 | 4.91938262 GBP |
10p ordinary | CFD
| Long | 1044 | 4.909243 GBP |
10p ordinary | CFD
| Long | 27145 | 4.956883 GBP |
10p ordinary | CFD
| Long | 663 | 4.953 GBP |
10p ordinary | CFD
| Long | 663 | 4.974 GBP |
10p ordinary | CFD
| Long | 938 | 4.944 GBP |
10p ordinary | CFD
| Long | 1192 | 4.91 GBP |
10p ordinary | CFD
| Long | 400 | 5.029 GBP |
10p ordinary | CFD
| Long | 800 | 5.034 GBP |
10p ordinary | CFD
| Long | 1686 | 5.03 GBP |
10p ordinary | CFD
| Long | 46070 | 5.034606 GBP |
10p ordinary | CFD
| Long | 8637 | 4.911754 GBP |
10p ordinary | CFD
| Long | 11272 | 5.07374796 GBP |
10p ordinary | CFD
| Long | 1081 | 4.90964662 GBP |
10p ordinary | CFD
| Long | 4435 | 4.9843379927531 GBP |
10p ordinary | CFD
| Long | 246 | 4.946 GBP |
10p ordinary | CFD
| Long | 26322 | 4.95562232 GBP |
10p ordinary | CFD
| Long | 3383 | 4.91857227313036 GBP |
10p ordinary | CFD
| Long | 15417 | 5.01782123629759 GBP |
10p ordinary | CFD
| Long | 21 | 4.945905 GBP |
10p ordinary | CFD
| Long | 36 | 5.01863822 GBP |
10p ordinary | CFD
| Long | 1231 | 4.945498 GBP |
10p ordinary | CFD
| Short | 940 | 4.97963829787234 GBP |
10p ordinary | CFD
| Short | 607 | 4.94171554080725 GBP |
10p ordinary | CFD
| Short | 3874 | 4.92427982 GBP |
10p ordinary | CFD
| Short | 576 | 4.91364583 GBP |
10p ordinary | CFD
| Short | 702292 | 4.912 GBP |
10p ordinary | CFD
| Short | 6404 | 4.95893441328076 GBP |
10p ordinary | CFD
| Short | 920 | 4.93130434782609 GBP |
10p ordinary | CFD
| Short | 22657 | 4.9120997 GBP |
10p ordinary | CFD
| Short | 67022 | 4.91205133 GBP |
10p ordinary | CFD
| Short | 167 | 4.949084 GBP |
10p ordinary | CFD
| Short | 13540 | 4.930875 GBP |
10p ordinary | CFD
| Short | 2583 | 4.994289 GBP |
10p ordinary | CFD
| Short | 1287 | 4.940447 GBP |
10p ordinary | CFD
| Short | 1164 | 4.952938 GBP |
10p ordinary | CFD
| Short | 1915 | 5.075152 GBP |
10p ordinary | CFD
| Short | 994 | 4.905448 GBP |
10p ordinary | CFD
| Short | 1679 | 4.956516 GBP |
10p ordinary | CFD
| Short | 50662 | 4.91209308752122 GBP |
10p ordinary | CFD
| Short | 2820 | 4.97955673758865 GBP |
10p ordinary | CFD
| Short | 986 | 5.029907 GBP |
10p ordinary | CFD
| Short | 680 | 5.014691 GBP |
10p ordinary | CFD
| Short | 226 | 5.028949 GBP |
10p ordinary | CFD
| Short | 173 | 4.956966 GBP |
10p ordinary | CFD
| Short | 292 | 5.013467 GBP |
10p ordinary | CFD
| Short | 680 | 5.02692647058824 GBP |
10p ordinary | CFD
| Short | 260 | 4.98322692430769 GBP |
10p ordinary | CFD
| Short | 109 | 5.0466789 GBP |
10p ordinary | CFD
| Short | 16726 | 4.99492867245905 GBP |
10p ordinary | CFD
| Short | 7948 | 5.01620156 GBP |
10p ordinary | CFD
| Short | 5192 | 4.994332 GBP |
10p ordinary | CFD
| Short | 1488 | 4.94043 GBP |
10p ordinary | CFD
| Short | 1345 | 4.952877 GBP |
10p ordinary | CFD
| Short | 15642 | 4.930867 GBP |
10p ordinary | CFD
| Short | 1939 | 4.956519 GBP |
10p ordinary | CFD
| Short | 58534 | 4.91209297160625 GBP |
10p ordinary | CFD
| Short | 3258 | 4.97960405156538 GBP |
10p ordinary | CFD
| Short | 1748 | 4.97907323 GBP |
10p ordinary | CFD
| Short | 265 | 4.9120614 GBP |
10p ordinary | CFD
| Short | 4519 | 4.930857 GBP |
10p ordinary | CFD
| Short | 864 | 4.994303 GBP |
10p ordinary | CFD
| Short | 1532 | 4.940428 GBP |
10p ordinary | CFD
| Short | 390 | 4.95285 GBP |
10p ordinary | CFD
| Short | 559 | 4.956312 GBP |
10p ordinary | CFD
| Short | 16912 | 4.91209318826868 GBP |
10p ordinary | CFD
| Short | 289 | 5.094256 GBP |
10p ordinary | CFD
| Short | 1072 | 5.041937 GBP |
10p ordinary | CFD
| Short | 1002 | 5.039462 GBP |
10p ordinary | CFD
| Short | 462 | 5.028688 GBP |
10p ordinary | CFD
| Short | 355 | 5.043277 GBP |
10p ordinary | CFD
| Short | 995 | 5.04004020100503 GBP |
10p ordinary | CFD
| Short | 2081 | 4.9565522150889 GBP |
10p ordinary | CFD
| Short | 2033 | 4.934022 GBP |
10p ordinary | CFD
| Short | 479 | 5.001905 GBP |
10p ordinary | CFD
| Short | 206 | 4.942063 GBP |
10p ordinary | CFD
| Short | 195 | 4.963217 GBP |
10p ordinary | CFD
| Short | 272 | 4.962476 GBP |
10p ordinary | CFD
| Short | 7311 | 4.91209273697169 GBP |
10p ordinary | CFD
| Short | 479 | 4.98655532359081 GBP |
10p ordinary | CFD
| Short | 2749 | 4.9843454 GBP |
10p ordinary | CFD
| Short | 150 | 5.029808 GBP |
10p ordinary | CFD
| Short | 106 | 5.01383 GBP |
10p ordinary | CFD
| Short | 35 | 5.029025 GBP |
10p ordinary | CFD
| Short | 25 | 4.956725 GBP |
10p ordinary | CFD
| Short | 43 | 5.013752 GBP |
10p ordinary | CFD
| Short | 103 | 5.02699029126214 GBP |
10p ordinary | CFD
| Short | 122 | 5.041966 GBP |
10p ordinary | CFD
| Short | 59 | 5.042946 GBP |
10p ordinary | CFD
| Short | 114 | 5.03982456140351 GBP |
10p ordinary | CFD
| Short | 62 | 5.041795 GBP |
10p ordinary | CFD
| Short | 55 | 5.04 GBP |
10p ordinary | CFD
| Short | 11553 | 4.930856 GBP |
10p ordinary | CFD
| Short | 994 | 4.952962 GBP |
10p ordinary | CFD
| Short | 1433 | 4.956583 GBP |
10p ordinary | CFD
| Short | 43233 | 4.91209307704763 GBP |
10p ordinary | CFD
| Short | 2407 | 4.97956792687993 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: | 10 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