13th Feb 2024 11:27
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 February 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
| 661549 | 4.88524 GBP | 4.82195 GBP |
10p ordinary | Sell
| 2173742 | 4.88500 GBP | 4.82195 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 | 463212 | 4.85159199 GBP |
10p ordinary | CFD
| Long | 518500 | 4.85126 GBP |
10p ordinary | CFD
| Long | 198700 | 4.86257 GBP |
10p ordinary | CFD
| Long | 135360 | 4.8449 GBP |
10p ordinary | CFD
| Long | 8261 | 4.83792519065488 GBP |
10p ordinary | CFD
| Long | 666 | 4.85463963963964 GBP |
10p ordinary | CFD
| Long | 9687 | 4.885 GBP |
10p ordinary | CFD
| Long | 55028 | 4.8752028058443 GBP |
10p ordinary | CFD
| Long | 34552 | 4.84631888168558 GBP |
10p ordinary | CFD
| Long | 27362 | 4.83507382501279 GBP |
10p ordinary | CFD
| Long | 1971 | 4.85706240487062 GBP |
10p ordinary | CFD
| Long | 557 | 4.85771992818671 GBP |
10p ordinary | CFD
| Long | 24419 | 4.8370678569966 GBP |
10p ordinary | CFD
| Long | 381 | 4.84165354330709 GBP |
10p ordinary | CFD
| Long | 602 | 4.827 GBP |
10p ordinary | CFD
| Long | 840 | 4.859 GBP |
10p ordinary | CFD
| Long | 3491 | 4.84374391291893 GBP |
10p ordinary | CFD
| Long | 3270 | 4.837477 GBP |
10p ordinary | CFD
| Long | 1661 | 4.856 GBP |
10p ordinary | CFD
| Long | 210 | 4.8595 GBP |
10p ordinary | CFD
| Long | 293 | 4.85462457337884 GBP |
10p ordinary | CFD
| Long | 51046 | 4.882589 GBP |
10p ordinary | CFD
| Long | 9339 | 4.85534 GBP |
10p ordinary | CFD
| Long | 3574 | 4.854489 GBP |
10p ordinary | CFD
| Long | 1 | 4.83 GBP |
10p ordinary | CFD
| Long | 32559 | 4.85387793 GBP |
10p ordinary | CFD
| Long | 1213 | 4.858816 GBP |
10p ordinary | CFD
| Long | 5880 | 4.851268 GBP |
10p ordinary | CFD
| Long | 4790 | 4.86706099610021 GBP |
10p ordinary | CFD
| Long | 154177 | 4.86 GBP |
10p ordinary | CFD
| Long | 47360 | 4.875271 GBP |
10p ordinary | CFD
| Long | 12649 | 4.86373705 GBP |
10p ordinary | CFD
| Long | 2999 | 4.84997797 GBP |
10p ordinary | CFD
| Long | 2414 | 4.856118 GBP |
10p ordinary | CFD
| Long | 81 | 4.88259259 GBP |
10p ordinary | CFD
| Long | 9635 | 4.84474 GBP |
10p ordinary | CFD
| Long | 6963 | 4.84696 GBP |
10p ordinary | CFD
| Short | 1224 | 4.861733 GBP |
10p ordinary | CFD
| Short | 57508 | 4.8685 GBP |
10p ordinary | CFD
| Short | 19861 | 4.854647 GBP |
10p ordinary | CFD
| Short | 8854 | 4.8500090354642 GBP |
10p ordinary | CFD
| Short | 3305 | 4.876 GBP |
10p ordinary | CFD
| Short | 272 | 4.874228 GBP |
10p ordinary | CFD
| Short | 140 | 4.875 GBP |
10p ordinary | CFD
| Short | 5377 | 4.861 GBP |
10p ordinary | CFD
| Short | 4931 | 4.86 GBP |
10p ordinary | CFD
| Short | 3094 | 4.859 GBP |
10p ordinary | CFD
| Short | 29122 | 4.862923 GBP |
10p ordinary | CFD
| Short | 1212 | 4.82500742574257 GBP |
10p ordinary | CFD
| Short | 7585 | 4.850386 GBP |
10p ordinary | CFD
| Short | 54815 | 4.843554 GBP |
10p ordinary | CFD
| Short | 20215 | 4.845841 GBP |
10p ordinary | CFD
| Short | 1489 | 4.84696 GBP |
10p ordinary | CFD
| Short | 1 | 4.871 GBP |
10p ordinary | CFD
| Short | 1450 | 4.86274323 GBP |
10p ordinary | CFD
| Short | 8851 | 4.885245 GBP |
10p ordinary | CFD
| Short | 44234 | 4.885 GBP |
10p ordinary | CFD
| Short | 1250 | 4.865262 GBP |
10p ordinary | CFD
| Short | 898 | 4.8504 GBP |
10p ordinary | CFD
| Short | 2751 | 4.82500472555434 GBP |
10p ordinary | CFD
| Short | 3958 | 4.882719 GBP |
10p ordinary | CFD
| Short | 5638 | 4.85903193 GBP |
10p ordinary | CFD
| Short | 7476 | 4.84711125 GBP |
10p ordinary | CFD
| Short | 14470 | 4.84518431 GBP |
10p ordinary | CFD
| Short | 58 | 4.85156938 GBP |
10p ordinary | CFD
| Short | 881 | 4.849 GBP |
10p ordinary | CFD
| Short | 575 | 4.8795 GBP |
10p ordinary | CFD
| Short | 4 | 4.883 GBP |
10p ordinary | CFD
| Short | 418 | 4.85 GBP |
10p ordinary | CFD
| Short | 581 | 4.855 GBP |
10p ordinary | CFD
| Short | 2174 | 4.858 GBP |
10p ordinary | CFD
| Short | 867 | 4.877 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 February 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