10th Jun 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: | 07 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
| 958396 | 5.12800 GBP | 5.00713 GBP |
10p ordinary | Sell
| 587661 | 5.12599 GBP | 5.00933 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 | 9042 | 5.00950917938509 GBP |
10p ordinary | CFD
| Long | 6732 | 5.08028327 GBP |
10p ordinary | CFD
| Long | 67970 | 5.03947544897587 GBP |
10p ordinary | CFD
| Long | 69374 | 5.01 GBP |
10p ordinary | CFD
| Long | 8727 | 5.0223292082789 GBP |
10p ordinary | CFD
| Long | 20674 | 5.08661478136016 GBP |
10p ordinary | CFD
| Long | 6234 | 5.085098 GBP |
10p ordinary | CFD
| Long | 195 | 5.00935385 GBP |
10p ordinary | CFD
| Long | 9373 | 5.0170364 GBP |
10p ordinary | CFD
| Long | 454 | 5.04793 GBP |
10p ordinary | CFD
| Long | 36056 | 5.009749 GBP |
10p ordinary | CFD
| Long | 15595 | 5.094826 GBP |
10p ordinary | CFD
| Long | 4157 | 5.00950926148665 GBP |
10p ordinary | CFD
| Long | 40025 | 5.02942648653317 GBP |
10p ordinary | CFD
| Long | 172 | 5.040424 GBP |
10p ordinary | CFD
| Long | 1798 | 5.041863 GBP |
10p ordinary | CFD
| Long | 227 | 5.09489935 GBP |
10p ordinary | CFD
| Long | 76 | 5.038 GBP |
10p ordinary | CFD
| Long | 6 | 5.02 GBP |
10p ordinary | CFD
| Long | 5934 | 5.05821123 GBP |
10p ordinary | CFD
| Long | 641 | 5.047012 GBP |
10p ordinary | CFD
| Long | 4688 | 5.06140571710751 GBP |
10p ordinary | CFD
| Long | 687 | 5.08946142649199 GBP |
10p ordinary | CFD
| Long | 18278 | 5.0379544 GBP |
10p ordinary | CFD
| Long | 15067 | 5.02567637901042 GBP |
10p ordinary | CFD
| Short | 324000 | 5.121071 GBP |
10p ordinary | CFD
| Short | 59536 | 5.068317 GBP |
10p ordinary | CFD
| Short | 44964 | 5.06255538 GBP |
10p ordinary | CFD
| Short | 71721 | 5.0939 GBP |
10p ordinary | CFD
| Short | 5883 | 5.01000679993201 GBP |
10p ordinary | CFD
| Short | 11513 | 5.007135 GBP |
10p ordinary | CFD
| Short | 9606 | 5.0081 GBP |
10p ordinary | CFD
| Short | 16810 | 5.0101 GBP |
10p ordinary | CFD
| Short | 5527 | 5.05195042551475 GBP |
10p ordinary | CFD
| Short | 1260 | 5.072 GBP |
10p ordinary | CFD
| Short | 10425 | 5.07998177458034 GBP |
10p ordinary | CFD
| Short | 2175 | 5.01034942528736 GBP |
10p ordinary | CFD
| Short | 16763 | 5.01 GBP |
10p ordinary | CFD
| Short | 6111 | 5.01006262 GBP |
10p ordinary | CFD
| Short | 1629 | 5.060074 GBP |
10p ordinary | CFD
| Short | 270 | 5.10837037 GBP |
10p ordinary | CFD
| Short | 3241 | 5.01000023 GBP |
10p ordinary | CFD
| Short | 1360 | 5.05132205938235 GBP |
10p ordinary | CFD
| Short | 48527 | 5.01035073258186 GBP |
10p ordinary | CFD
| Short | 38873 | 5.06473156175237 GBP |
10p ordinary | CFD
| Short | 17 | 5.07541176470588 GBP |
10p ordinary | CFD
| Short | 3943 | 5.02670606137459 GBP |
10p ordinary | CFD
| Short | 1466 | 5.02590177 GBP |
10p ordinary | CFD
| Short | 4828 | 5.0932916303604 GBP |
10p ordinary | CFD
| Short | 1690 | 5.04883251 GBP |
10p ordinary | CFD
| Short | 8333 | 5.059 GBP |
10p ordinary | CFD
| Short | 3715 | 5.072107 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 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