18th Jun 2024 11:20
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: | 17 June 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
| 1725960 | 4.95257 GBP | 4.87700 GBP |
10p ordinary | Sell
| 414075 | 4.95549 GBP | 4.87500 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 | 4805 | 4.87891977 GBP |
10p ordinary | CFD
| Long | 6482 | 4.87917371 GBP |
10p ordinary | CFD
| Long | 1699 | 4.92206004 GBP |
10p ordinary | CFD
| Long | 1160 | 4.90505076 GBP |
10p ordinary | CFD
| Long | 2833 | 4.876756 GBP |
10p ordinary | CFD
| Long | 4635 | 4.92057 GBP |
10p ordinary | CFD
| Long | 526 | 4.89 GBP |
10p ordinary | CFD
| Long | 161 | 4.934 GBP |
10p ordinary | CFD
| Long | 1013 | 4.9555 GBP |
10p ordinary | CFD
| Long | 170 | 4.886865 GBP |
10p ordinary | CFD
| Long | 34598 | 4.87739609225967 GBP |
10p ordinary | CFD
| Long | 3100 | 4.9137130177871 GBP |
10p ordinary | CFD
| Long | 11325 | 4.89879267140397 GBP |
10p ordinary | CFD
| Long | 7619 | 4.90715513651135 GBP |
10p ordinary | CFD
| Long | 5668 | 4.89193719 GBP |
10p ordinary | CFD
| Long | 2586 | 4.877 GBP |
10p ordinary | CFD
| Long | 700 | 4.89767142857143 GBP |
10p ordinary | CFD
| Long | 2510 | 4.88928426 GBP |
10p ordinary | CFD
| Long | 1432 | 4.89136941473464 GBP |
10p ordinary | CFD
| Long | 8255 | 4.90167516691944 GBP |
10p ordinary | CFD
| Long | 11955 | 4.89632940608867 GBP |
10p ordinary | CFD
| Long | 2100 | 4.909 GBP |
10p ordinary | CFD
| Long | 46364 | 4.8992991 GBP |
10p ordinary | CFD
| Long | 85559 | 4.896379 GBP |
10p ordinary | CFD
| Long | 3074 | 4.888541 GBP |
10p ordinary | CFD
| Long | 112081 | 4.8855 GBP |
10p ordinary | CFD
| Short | 1278 | 4.8934 GBP |
10p ordinary | CFD
| Short | 1084951 | 4.9526 GBP |
10p ordinary | CFD
| Short | 12835 | 4.8957 GBP |
10p ordinary | CFD
| Short | 23245 | 4.89248944 GBP |
10p ordinary | CFD
| Short | 348663 | 4.91135444 GBP |
10p ordinary | CFD
| Short | 1073 | 4.93521622 GBP |
10p ordinary | CFD
| Short | 12348 | 4.887691 GBP |
10p ordinary | CFD
| Short | 1650 | 4.921582 GBP |
10p ordinary | CFD
| Short | 1343 | 4.901881 GBP |
10p ordinary | CFD
| Short | 45860 | 4.88090317822263 GBP |
10p ordinary | CFD
| Short | 1618 | 4.9090080354759 GBP |
10p ordinary | CFD
| Short | 1572 | 4.94105788688931 GBP |
10p ordinary | CFD
| Short | 1523 | 4.90685062 GBP |
10p ordinary | CFD
| Short | 29134 | 4.886771 GBP |
10p ordinary | CFD
| Short | 4084 | 4.877243 GBP |
10p ordinary | CFD
| Short | 657 | 4.915251 GBP |
10p ordinary | CFD
| Short | 1202 | 4.87699986 GBP |
10p ordinary | CFD
| Short | 62317 | 4.88907221 GBP |
10p ordinary | CFD
| Short | 84 | 4.888269 GBP |
10p ordinary | CFD
| Short | 15808 | 4.89754491396761 GBP |
10p ordinary | CFD
| Short | 1792 | 4.87733816964286 GBP |
10p ordinary | CFD
| Short | 4342 | 4.90535306598802 GBP |
10p ordinary | CFD
| Short | 15565 | 4.91290607 GBP |
10p ordinary | CFD
| Short | 305 | 4.894921 GBP |
10p ordinary | CFD
| Short | 936 | 4.8949 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: | 18 June 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