19th Jun 2024 10:49
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: | 18 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
| 524141 | 4.92800 GBP | 4.81898 GBP |
10p ordinary | Sell
| 834499 | 4.92041 GBP | 4.81875 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 | 144000 | 4.91178333 GBP |
10p ordinary | CFD
| Long | 51254 | 4.819 GBP |
10p ordinary | CFD
| Long | 1002 | 4.92 GBP |
10p ordinary | CFD
| Long | 977 | 4.8606 GBP |
10p ordinary | CFD
| Long | 96575 | 4.82133554232462 GBP |
10p ordinary | CFD
| Long | 126408 | 4.90831814442124 GBP |
10p ordinary | CFD
| Long | 10445 | 4.8495529 GBP |
10p ordinary | CFD
| Long | 1132 | 4.852398 GBP |
10p ordinary | CFD
| Long | 6204 | 4.85379034 GBP |
10p ordinary | CFD
| Long | 1330 | 4.81880724 GBP |
10p ordinary | CFD
| Long | 2456 | 4.83028054 GBP |
10p ordinary | CFD
| Long | 14900 | 4.86127583892617 GBP |
10p ordinary | CFD
| Long | 8 | 4.897099 GBP |
10p ordinary | CFD
| Long | 13578 | 4.818759 GBP |
10p ordinary | CFD
| Long | 1707 | 4.849192 GBP |
10p ordinary | CFD
| Long | 1943 | 4.81893976 GBP |
10p ordinary | CFD
| Long | 18760 | 4.82079075 GBP |
10p ordinary | CFD
| Long | 4996 | 4.87578782901922 GBP |
10p ordinary | CFD
| Long | 15291 | 4.85903930687005 GBP |
10p ordinary | CFD
| Long | 2420 | 4.87224917352066 GBP |
10p ordinary | CFD
| Long | 3203 | 4.87367312 GBP |
10p ordinary | CFD
| Long | 51047 | 4.868998 GBP |
10p ordinary | CFD
| Long | 2 | 4.835734 GBP |
10p ordinary | CFD
| Short | 4792 | 4.8475 GBP |
10p ordinary | CFD
| Short | 8006 | 4.83865244670247 GBP |
10p ordinary | CFD
| Short | 834 | 4.874372 GBP |
10p ordinary | CFD
| Short | 4454 | 4.86349865 GBP |
10p ordinary | CFD
| Short | 44393 | 4.830993 GBP |
10p ordinary | CFD
| Short | 21659 | 4.83804464956831 GBP |
10p ordinary | CFD
| Short | 6544 | 4.86603789603759 GBP |
10p ordinary | CFD
| Short | 2576 | 4.86499223602484 GBP |
10p ordinary | CFD
| Short | 6008 | 4.87886501314581 GBP |
10p ordinary | CFD
| Short | 12843 | 4.84061212624075 GBP |
10p ordinary | CFD
| Short | 4553 | 4.87279948394904 GBP |
10p ordinary | CFD
| Short | 631 | 4.83835340709984 GBP |
10p ordinary | CFD
| Short | 58344 | 4.8252999362704 GBP |
10p ordinary | CFD
| Short | 128 | 4.89883203 GBP |
10p ordinary | CFD
| Short | 490 | 4.88473499387755 GBP |
10p ordinary | CFD
| Short | 484 | 4.88002 GBP |
10p ordinary | CFD
| Short | 10109 | 4.85771 GBP |
10p ordinary | CFD
| Short | 373 | 4.870294 GBP |
10p ordinary | CFD
| Short | 563 | 4.8745 GBP |
10p ordinary | CFD
| Short | 2169 | 4.879242 GBP |
10p ordinary | CFD
| Short | 497 | 4.84452513684105 GBP |
10p ordinary | CFD
| Short | 27207 | 4.87156180141471 GBP |
10p ordinary | CFD
| Short | 15649 | 4.84892888 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: | 19 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