8th 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: | 07 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 |
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
| 1262809 | 4.93100 GBP | 4.82597 GBP |
10p ordinary | Sell
| 863222 | 4.93000 GBP | 4.82597 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 | 4216 | 4.910057 GBP |
10p ordinary | CFD
| Long | 712 | 4.909508 GBP |
10p ordinary | CFD
| Long | 1076 | 4.9047 GBP |
10p ordinary | CFD
| Long | 40 | 4.928 GBP |
10p ordinary | CFD
| Long | 90705 | 4.88166 GBP |
10p ordinary | CFD
| Long | 514 | 4.90062257 GBP |
10p ordinary | CFD
| Long | 56 | 4.911429 GBP |
10p ordinary | CFD
| Long | 29988 | 4.927753 GBP |
10p ordinary | CFD
| Long | 162987 | 4.921987 GBP |
10p ordinary | CFD
| Long | 930 | 4.865 GBP |
10p ordinary | CFD
| Long | 1000 | 4.9145 GBP |
10p ordinary | CFD
| Long | 2289 | 4.915375 GBP |
10p ordinary | CFD
| Long | 11209 | 4.901 GBP |
10p ordinary | CFD
| Long | 60174 | 4.91961672 GBP |
10p ordinary | CFD
| Long | 33800 | 4.87395177514793 GBP |
10p ordinary | CFD
| Long | 9561 | 4.8901722 GBP |
10p ordinary | CFD
| Long | 99460 | 4.87025055 GBP |
10p ordinary | CFD
| Long | 261 | 4.909648 GBP |
10p ordinary | CFD
| Long | 611 | 4.91776531436989 GBP |
10p ordinary | CFD
| Long | 809 | 4.919 GBP |
10p ordinary | CFD
| Long | 3985 | 4.90183111708156 GBP |
10p ordinary | CFD
| Long | 3596 | 4.90917067517241 GBP |
10p ordinary | CFD
| Long | 3771 | 4.90418642 GBP |
10p ordinary | CFD
| Long | 537 | 4.91 GBP |
10p ordinary | CFD
| Long | 7978 | 4.9051 GBP |
10p ordinary | CFD
| Long | 2000 | 4.9035 GBP |
10p ordinary | CFD
| Long | 12994 | 4.895 GBP |
10p ordinary | CFD
| Long | 12684 | 4.9168 GBP |
10p ordinary | CFD
| Long | 6000 | 4.9023 GBP |
10p ordinary | CFD
| Long | 25000 | 4.9095 GBP |
10p ordinary | CFD
| Long | 6448 | 4.92725961538462 GBP |
10p ordinary | CFD
| Long | 13 | 4.9075 GBP |
10p ordinary | CFD
| Long | 128 | 4.86123046875 GBP |
10p ordinary | CFD
| Long | 10337 | 4.85955305910806 GBP |
10p ordinary | CFD
| Long | 1630 | 4.85 GBP |
10p ordinary | CFD
| Long | 43972 | 4.86683107017852 GBP |
10p ordinary | CFD
| Long | 2580 | 4.87363876 GBP |
10p ordinary | CFD
| Long | 21028 | 4.897885 GBP |
10p ordinary | CFD
| Long | 758 | 4.92491623 GBP |
10p ordinary | CFD
| Long | 9526 | 4.9279384 GBP |
10p ordinary | CFD
| Long | 2694 | 4.89672606 GBP |
10p ordinary | CFD
| Long | 1287 | 4.9082626 GBP |
10p ordinary | CFD
| Short | 3306 | 4.87099549 GBP |
10p ordinary | CFD
| Short | 664 | 4.899905 GBP |
10p ordinary | CFD
| Short | 773156 | 4.928 GBP |
10p ordinary | CFD
| Short | 5167 | 4.928247 GBP |
10p ordinary | CFD
| Short | 323 | 4.879752 GBP |
10p ordinary | CFD
| Short | 3220 | 4.895453 GBP |
10p ordinary | CFD
| Short | 336 | 4.83834821428571 GBP |
10p ordinary | CFD
| Short | 9385 | 4.92898561534363 GBP |
10p ordinary | CFD
| Short | 1619 | 4.9133448 GBP |
10p ordinary | CFD
| Short | 580 | 4.855 GBP |
10p ordinary | CFD
| Short | 12056 | 4.90624054223623 GBP |
10p ordinary | CFD
| Short | 13890 | 4.91643297 GBP |
10p ordinary | CFD
| Short | 26524 | 4.91212177 GBP |
10p ordinary | CFD
| Short | 3306 | 4.87600081 GBP |
10p ordinary | CFD
| Short | 2426 | 4.92541294 GBP |
10p ordinary | CFD
| Short | 6878 | 4.87845985 GBP |
10p ordinary | CFD
| Short | 62320 | 4.89854528 GBP |
10p ordinary | CFD
| Short | 4368 | 4.87779801 GBP |
10p ordinary | CFD
| Short | 3771 | 4.88337417 GBP |
10p ordinary | CFD
| Short | 3758 | 4.84616389 GBP |
10p ordinary | CFD
| Short | 1187 | 4.85071679 GBP |
10p ordinary | CFD
| Short | 744 | 4.83833400537634 GBP |
10p ordinary | CFD
| Short | 2919 | 4.91563772 GBP |
10p ordinary | CFD
| Short | 3063 | 4.91395804849167 GBP |
10p ordinary | CFD
| Short | 3245 | 4.91815932144222 GBP |
10p ordinary | CFD
| Short | 48040 | 4.92504918703913 GBP |
10p ordinary | CFD
| Short | 3194 | 4.85007201 GBP |
10p ordinary | CFD
| Short | 514 | 4.9280616 GBP |
10p ordinary | CFD
| Long | 2740 | 0.0000 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: | 08 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