11th Jul 2024 11:35
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: | 10 July 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
| 1379594 | 4.87351 GBP | 4.75850 GBP |
10p ordinary | Sell
| 1479702 | 5.02590 GBP | 4.75850 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 | 221 | 4.842482 GBP |
10p ordinary | CFD
| Long | 4 | 4.8515 GBP |
10p ordinary | CFD
| Long | 56426 | 4.8506605111119 GBP |
10p ordinary | CFD
| Long | 233 | 4.840946 GBP |
10p ordinary | CFD
| Long | 161785 | 4.851 GBP |
10p ordinary | CFD
| Long | 19328 | 4.83712681 GBP |
10p ordinary | CFD
| Long | 16713 | 4.83838515 GBP |
10p ordinary | CFD
| Long | 8031 | 4.84797248 GBP |
10p ordinary | CFD
| Long | 18542 | 4.84972980261029 GBP |
10p ordinary | CFD
| Long | 218731 | 4.8391 GBP |
10p ordinary | CFD
| Long | 1308 | 4.83005 GBP |
10p ordinary | CFD
| Long | 3130 | 4.862969 GBP |
10p ordinary | CFD
| Long | 683 | 5.02590043923865 GBP |
10p ordinary | CFD
| Long | 166 | 5.02590361445783 GBP |
10p ordinary | CFD
| Long | 5668 | 4.850757 GBP |
10p ordinary | CFD
| Long | 48 | 4.849625 GBP |
10p ordinary | CFD
| Long | 20000 | 4.786375 GBP |
10p ordinary | CFD
| Long | 2956 | 4.85027401894452 GBP |
10p ordinary | CFD
| Long | 45063 | 4.78106020460245 GBP |
10p ordinary | CFD
| Long | 7 | 4.85128571428571 GBP |
10p ordinary | CFD
| Long | 44371 | 4.84930319038065 GBP |
10p ordinary | CFD
| Long | 13460 | 4.85097035662407 GBP |
10p ordinary | CFD
| Long | 9583 | 4.7937760602567 GBP |
10p ordinary | CFD
| Long | 52 | 4.85161538 GBP |
10p ordinary | CFD
| Long | 2105 | 4.851002 GBP |
10p ordinary | CFD
| Long | 13745 | 4.85346941 GBP |
10p ordinary | CFD
| Long | 5358 | 4.77535274 GBP |
10p ordinary | CFD
| Long | 1356 | 4.849063 GBP |
10p ordinary | CFD
| Long | 1319 | 4.76681077 GBP |
10p ordinary | CFD
| Long | 616 | 4.7724026 GBP |
10p ordinary | CFD
| Long | 175151 | 4.829072 GBP |
10p ordinary | CFD
| Long | 4914 | 4.8 GBP |
10p ordinary | CFD
| Long | 1138 | 4.808 GBP |
10p ordinary | CFD
| Long | 847 | 4.821 GBP |
10p ordinary | CFD
| Long | 620 | 4.807 GBP |
10p ordinary | CFD
| Long | 295 | 4.85 GBP |
10p ordinary | CFD
| Long | 694 | 4.824 GBP |
10p ordinary | CFD
| Long | 1107 | 4.822 GBP |
10p ordinary | CFD
| Long | 962 | 4.8385 GBP |
10p ordinary | CFD
| Long | 1517 | 4.831 GBP |
10p ordinary | CFD
| Long | 1110 | 4.851599 GBP |
10p ordinary | CFD
| Long | 694 | 4.787 GBP |
10p ordinary | CFD
| Long | 705 | 4.766 GBP |
10p ordinary | CFD
| Long | 881 | 4.805 GBP |
10p ordinary | CFD
| Long | 2316 | 4.796 GBP |
10p ordinary | CFD
| Long | 477 | 4.788985 GBP |
10p ordinary | CFD
| Long | 298 | 4.774 GBP |
10p ordinary | CFD
| Long | 964 | 4.764 GBP |
10p ordinary | CFD
| Long | 2262 | 4.798 GBP |
10p ordinary | CFD
| Long | 21443 | 4.78112474933545 GBP |
10p ordinary | CFD
| Long | 66974 | 4.81269895780452 GBP |
10p ordinary | CFD
| Short | 2868 | 4.79549860529986 GBP |
10p ordinary | CFD
| Short | 1013 | 4.82726554787759 GBP |
10p ordinary | CFD
| Short | 378 | 4.837275 GBP |
10p ordinary | CFD
| Short | 87 | 4.811481 GBP |
10p ordinary | CFD
| Short | 1043 | 4.823037 GBP |
10p ordinary | CFD
| Short | 1080 | 4.773176 GBP |
10p ordinary | CFD
| Short | 504 | 4.810757 GBP |
10p ordinary | CFD
| Short | 289 | 4.85205190256055 GBP |
10p ordinary | CFD
| Short | 48 | 4.849625 GBP |
10p ordinary | CFD
| Short | 1 | 4.862 GBP |
10p ordinary | CFD
| Short | 366 | 4.7989425473224 GBP |
10p ordinary | CFD
| Short | 503 | 4.84343340125249 GBP |
10p ordinary | CFD
| Short | 12834 | 4.83721481761025 GBP |
10p ordinary | CFD
| Short | 366 | 4.82957052185792 GBP |
10p ordinary | CFD
| Short | 27782 | 4.8252041288201 GBP |
10p ordinary | CFD
| Short | 135910 | 4.82741 GBP |
10p ordinary | CFD
| Short | 81653 | 4.78374965 GBP |
10p ordinary | CFD
| Short | 236998 | 4.851 GBP |
10p ordinary | CFD
| Short | 15985 | 4.85172786987801 GBP |
10p ordinary | CFD
| Short | 7617 | 4.85172771432322 GBP |
10p ordinary | CFD
| Short | 10288 | 4.851242 GBP |
10p ordinary | CFD
| Short | 3680 | 4.79333152173913 GBP |
10p ordinary | CFD
| Short | 44954 | 4.7956274 GBP |
10p ordinary | CFD
| Short | 570 | 4.83380701754386 GBP |
10p ordinary | CFD
| Short | 276 | 4.81005 GBP |
10p ordinary | CFD
| Short | 246 | 4.835546 GBP |
10p ordinary | CFD
| Short | 219 | 4.785508 GBP |
10p ordinary | CFD
| Short | 554 | 4.834245 GBP |
10p ordinary | CFD
| Short | 24062 | 4.79358282769512 GBP |
10p ordinary | CFD
| Short | 3094 | 4.83553652230123 GBP |
10p ordinary | CFD
| Short | 2991 | 4.836921 GBP |
10p ordinary | CFD
| Short | 1455 | 4.810879 GBP |
10p ordinary | CFD
| Short | 1354 | 4.835667 GBP |
10p ordinary | CFD
| Short | 1752 | 4.791999 GBP |
10p ordinary | CFD
| Short | 38 | 4.79552631578947 GBP |
10p ordinary | CFD
| Short | 14 | 4.815 GBP |
10p ordinary | CFD
| Short | 5 | 4.830691 GBP |
10p ordinary | CFD
| Short | 29 | 4.774515 GBP |
10p ordinary | CFD
| Short | 15 | 4.806682 GBP |
10p ordinary | CFD
| Short | 12 | 4.802549 GBP |
10p ordinary | CFD
| Short | 28195 | 4.79358290477035 GBP |
10p ordinary | CFD
| Short | 3624 | 4.8355353200883 GBP |
10p ordinary | CFD
| Short | 3505 | 4.836925 GBP |
10p ordinary | CFD
| Short | 1706 | 4.810849 GBP |
10p ordinary | CFD
| Short | 1586 | 4.835669 GBP |
10p ordinary | CFD
| Short | 16098 | 4.85172754379426 GBP |
10p ordinary | CFD
| Short | 196 | 4.79551020408163 GBP |
10p ordinary | CFD
| Short | 62 | 4.81225806451613 GBP |
10p ordinary | CFD
| Short | 117 | 4.774365 GBP |
10p ordinary | CFD
| Short | 66 | 4.806033 GBP |
10p ordinary | CFD
| Short | 36 | 4.803327 GBP |
10p ordinary | CFD
| Short | 21 | 4.833296 GBP |
10p ordinary | CFD
| Short | 77360 | 4.79872275942024 GBP |
10p ordinary | CFD
| Short | 13835 | 4.8219769450112 GBP |
10p ordinary | CFD
| Short | 696 | 4.79199640767241 GBP |
10p ordinary | CFD
| Short | 446 | 4.79529596 GBP |
10p ordinary | CFD
| Short | 10114 | 4.79550029661855 GBP |
10p ordinary | CFD
| Short | 3546 | 4.82738014664411 GBP |
10p ordinary | CFD
| Short | 3738 | 4.77318 GBP |
10p ordinary | CFD
| Short | 3660 | 4.823211 GBP |
10p ordinary | CFD
| Short | 1759 | 4.810818 GBP |
10p ordinary | CFD
| Short | 1334 | 4.837381 GBP |
10p ordinary | CFD
| Short | 8670 | 4.827407 GBP |
10p ordinary | CFD
| Short | 893 | 4.85838746 GBP |
10p ordinary | CFD
| Short | 10763 | 4.84486481 GBP |
10p ordinary | CFD
| Short | 12444 | 4.85106064 GBP |
10p ordinary | CFD
| Short | 2928 | 4.853249 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: | 11 July 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