5th Jun 2024 10:39
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: | 04 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
| 1732941 | 5.08202 GBP | 5.01777 GBP |
10p ordinary | Sell
| 203079 | 5.07600 GBP | 5.01777 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 | 422 | 5.050379 GBP |
10p ordinary | CFD
| Long | 42930 | 5.06446102975821 GBP |
10p ordinary | CFD
| Long | 15229 | 5.06793665 GBP |
10p ordinary | CFD
| Long | 2698 | 5.057517 GBP |
10p ordinary | CFD
| Long | 1877 | 5.03161961 GBP |
10p ordinary | CFD
| Long | 1479 | 5.071221 GBP |
10p ordinary | CFD
| Long | 29 | 5.05811483 GBP |
10p ordinary | CFD
| Long | 446 | 5.05368741 GBP |
10p ordinary | CFD
| Long | 463 | 5.04227646025918 GBP |
10p ordinary | CFD
| Long | 32769 | 5.068 GBP |
10p ordinary | CFD
| Long | 853 | 5.06150527661196 GBP |
10p ordinary | CFD
| Long | 1556 | 5.07258869 GBP |
10p ordinary | CFD
| Long | 326 | 5.06719018404908 GBP |
10p ordinary | CFD
| Long | 308 | 5.038 GBP |
10p ordinary | CFD
| Long | 17103 | 5.05542595 GBP |
10p ordinary | CFD
| Long | 6367 | 5.05364724536831 GBP |
10p ordinary | CFD
| Long | 42 | 5.02907143 GBP |
10p ordinary | CFD
| Long | 783 | 5.03806641 GBP |
10p ordinary | CFD
| Long | 52451 | 5.04916131403329 GBP |
10p ordinary | CFD
| Short | 824393 | 5.068 GBP |
10p ordinary | CFD
| Short | 994 | 5.05085714285714 GBP |
10p ordinary | CFD
| Short | 25089 | 5.05591231462075 GBP |
10p ordinary | CFD
| Short | 1205 | 5.05 GBP |
10p ordinary | CFD
| Short | 800 | 5.0336125 GBP |
10p ordinary | CFD
| Short | 7861 | 5.061113 GBP |
10p ordinary | CFD
| Short | 1173 | 5.06806335 GBP |
10p ordinary | CFD
| Short | 38171 | 5.064409 GBP |
10p ordinary | CFD
| Short | 10539 | 5.068253 GBP |
10p ordinary | CFD
| Short | 6843 | 5.05171 GBP |
10p ordinary | CFD
| Short | 96 | 5.07564583333333 GBP |
10p ordinary | CFD
| Short | 85223 | 5.0690135292116 GBP |
10p ordinary | CFD
| Short | 781 | 5.06901408450704 GBP |
10p ordinary | CFD
| Short | 34936 | 5.06418222 GBP |
10p ordinary | CFD
| Short | 2839 | 5.05537597951039 GBP |
10p ordinary | CFD
| Short | 3951 | 5.03442166257656 GBP |
10p ordinary | CFD
| Short | 12800 | 5.06079375 GBP |
10p ordinary | CFD
| Short | 1093 | 5.07104025552608 GBP |
10p ordinary | CFD
| Short | 8036 | 5.05269113819313 GBP |
10p ordinary | CFD
| Short | 806 | 5.06912655334988 GBP |
10p ordinary | CFD
| Short | 24951 | 5.05230115 GBP |
10p ordinary | CFD
| Short | 49274 | 5.06821792 GBP |
10p ordinary | CFD
| Short | 26553 | 5.06189734 GBP |
10p ordinary | CFD
| Short | 22000 | 5.05804121 GBP |
10p ordinary | CFD
| Short | 20488 | 5.05005661 GBP |
10p ordinary | CFD
| Short | 24028 | 5.06721305 GBP |
10p ordinary | CFD
| Short | 19423 | 5.05811401 GBP |
10p ordinary | CFD
| Short | 88301 | 5.06768877 GBP |
10p ordinary | CFD
| Short | 18197 | 5.0588326 GBP |
10p ordinary | CFD
| Short | 15409 | 5.06167933 GBP |
10p ordinary | CFD
| Short | 427 | 5.06790235 GBP |
10p ordinary | CFD
| Short | 800 | 5.062025 GBP |
10p ordinary | CFD
| Short | 284783 | 5.068117 GBP |
10p ordinary | CFD
| Short | 13788 | 5.06386205554323 GBP |
10p ordinary | CFD
| Short | 33604 | 5.06876 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: | 05 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