13th Jun 2024 12:05
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: | 12 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
| 816752 | 5.11000 GBP | 4.95100 GBP |
10p ordinary | Sell
| 1036260 | 5.11000 GBP | 4.95100 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 | 1953 | 5.07463498 GBP |
10p ordinary | CFD
| Long | 1881 | 5.03045189 GBP |
10p ordinary | CFD
| Long | 6153 | 5.097746 GBP |
10p ordinary | CFD
| Long | 18306 | 5.024872 GBP |
10p ordinary | CFD
| Long | 662 | 5.074 GBP |
10p ordinary | CFD
| Long | 1074 | 5.072 GBP |
10p ordinary | CFD
| Long | 820 | 5.069 GBP |
10p ordinary | CFD
| Long | 3269 | 5.05656133374121 GBP |
10p ordinary | CFD
| Long | 16204 | 5.096980375216 GBP |
10p ordinary | CFD
| Long | 121 | 5.108 GBP |
10p ordinary | CFD
| Long | 1037 | 5.06093971929605 GBP |
10p ordinary | CFD
| Long | 335 | 5.10385970149254 GBP |
10p ordinary | CFD
| Long | 88500 | 5.098 GBP |
10p ordinary | CFD
| Long | 590 | 4.96186991267797 GBP |
10p ordinary | CFD
| Long | 287 | 4.99572474 GBP |
10p ordinary | CFD
| Long | 7305 | 5.08200602 GBP |
10p ordinary | CFD
| Long | 10239 | 5.06301259883582 GBP |
10p ordinary | CFD
| Long | 6507 | 5.07626310026587 GBP |
10p ordinary | CFD
| Long | 23089 | 5.050636 GBP |
10p ordinary | CFD
| Long | 8292 | 5.0491 GBP |
10p ordinary | CFD
| Long | 302400 | 5.101937 GBP |
10p ordinary | CFD
| Long | 72000 | 5.08521 GBP |
10p ordinary | CFD
| Long | 3105 | 5.09398712 GBP |
10p ordinary | CFD
| Long | 127 | 5.101154 GBP |
10p ordinary | CFD
| Long | 5229 | 5.07505068 GBP |
10p ordinary | CFD
| Long | 11715 | 5.09773265 GBP |
10p ordinary | CFD
| Long | 45832 | 5.096846 GBP |
10p ordinary | CFD
| Long | 15326 | 5.00428767945648 GBP |
10p ordinary | CFD
| Long | 7044 | 5.01058006758802 GBP |
10p ordinary | CFD
| Long | 15034 | 5.0916392179726 GBP |
10p ordinary | CFD
| Long | 1611 | 5.02847331 GBP |
10p ordinary | CFD
| Long | 7074 | 5.05654269154651 GBP |
10p ordinary | CFD
| Long | 39255 | 5.097898 GBP |
10p ordinary | CFD
| Long | 6750 | 5.094855 GBP |
10p ordinary | CFD
| Long | 12967 | 5.097628 GBP |
10p ordinary | CFD
| Long | 6822 | 5.099612 GBP |
10p ordinary | CFD
| Long | 19591 | 4.96578049 GBP |
10p ordinary | CFD
| Long | 445 | 5.09809 GBP |
10p ordinary | CFD
| Short | 686 | 5.02786297 GBP |
10p ordinary | CFD
| Short | 11396 | 5.07052562009214 GBP |
10p ordinary | CFD
| Short | 196 | 4.97545662959184 GBP |
10p ordinary | CFD
| Short | 31219 | 5.06488356633428 GBP |
10p ordinary | CFD
| Short | 3800 | 4.96055 GBP |
10p ordinary | CFD
| Short | 5096 | 5.098 GBP |
10p ordinary | CFD
| Short | 3601 | 4.981261 GBP |
10p ordinary | CFD
| Short | 38563 | 5.098255 GBP |
10p ordinary | CFD
| Short | 39651 | 5.049734 GBP |
10p ordinary | CFD
| Short | 161 | 4.974 GBP |
10p ordinary | CFD
| Short | 158 | 4.993 GBP |
10p ordinary | CFD
| Short | 196 | 4.987 GBP |
10p ordinary | CFD
| Short | 2012 | 4.984 GBP |
10p ordinary | CFD
| Short | 8360 | 5.06587100289952 GBP |
10p ordinary | CFD
| Short | 10372 | 5.08979646711724 GBP |
10p ordinary | CFD
| Short | 64 | 5.09796845 GBP |
10p ordinary | CFD
| Short | 1588 | 4.97937972 GBP |
10p ordinary | CFD
| Short | 691 | 5.035253 GBP |
10p ordinary | CFD
| Short | 643 | 5.043583 GBP |
10p ordinary | CFD
| Short | 72000 | 5.057032 GBP |
10p ordinary | CFD
| Short | 121 | 5.108 GBP |
10p ordinary | CFD
| Short | 200000 | 5.0572 GBP |
10p ordinary | CFD
| Short | 146831 | 5.0634 GBP |
10p ordinary | CFD
| Short | 1787 | 5.09876888640179 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: | 13 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