7th Mar 2024 17:03
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: | 06 March 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
| 1075088 | 4.81000 GBP | 4.70453 GBP |
10p ordinary | Sell
| 898621 | 4.81099 GBP | 4.70400 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 | 414 | 4.72 GBP |
10p ordinary | CFD
| Long | 2363 | 4.726 GBP |
10p ordinary | CFD
| Long | 1699 | 4.724 GBP |
10p ordinary | CFD
| Long | 1380 | 4.704 GBP |
10p ordinary | CFD
| Long | 1128 | 4.72125132978723 GBP |
10p ordinary | CFD
| Long | 9057 | 4.73845092 GBP |
10p ordinary | CFD
| Long | 34361 | 4.725 GBP |
10p ordinary | CFD
| Long | 4209 | 4.73440247 GBP |
10p ordinary | CFD
| Long | 10 | 4.782 GBP |
10p ordinary | CFD
| Long | 498 | 4.72124598393574 GBP |
10p ordinary | CFD
| Long | 98544 | 4.73845054 GBP |
10p ordinary | CFD
| Long | 192399 | 4.73845062 GBP |
10p ordinary | CFD
| Long | 7577 | 4.76657 GBP |
10p ordinary | CFD
| Long | 3386 | 4.75058446 GBP |
10p ordinary | CFD
| Long | 10864 | 4.7594941 GBP |
10p ordinary | CFD
| Long | 1 | 4.8085 GBP |
10p ordinary | CFD
| Long | 35247 | 4.724764 GBP |
10p ordinary | CFD
| Long | 274 | 4.704781 GBP |
10p ordinary | CFD
| Long | 10318 | 4.747584 GBP |
10p ordinary | CFD
| Long | 3005 | 4.7597694 GBP |
10p ordinary | CFD
| Long | 774 | 4.7290736 GBP |
10p ordinary | CFD
| Long | 1636 | 4.72494094 GBP |
10p ordinary | CFD
| Long | 1178 | 4.72900679 GBP |
10p ordinary | CFD
| Long | 9354 | 4.739643 GBP |
10p ordinary | CFD
| Long | 14205 | 4.711685 GBP |
10p ordinary | CFD
| Long | 2551 | 4.721 GBP |
10p ordinary | CFD
| Short | 33567 | 4.755093 GBP |
10p ordinary | CFD
| Short | 5034 | 4.760417 GBP |
10p ordinary | CFD
| Short | 1574 | 4.744 GBP |
10p ordinary | CFD
| Short | 1280 | 4.7455 GBP |
10p ordinary | CFD
| Short | 1679 | 4.7465 GBP |
10p ordinary | CFD
| Short | 5843 | 4.774 GBP |
10p ordinary | CFD
| Short | 3851 | 4.7495 GBP |
10p ordinary | CFD
| Short | 3956 | 4.7735 GBP |
10p ordinary | CFD
| Short | 370 | 4.736784 GBP |
10p ordinary | CFD
| Short | 973 | 4.7585 GBP |
10p ordinary | CFD
| Short | 2510 | 4.75 GBP |
10p ordinary | CFD
| Short | 2441 | 4.754 GBP |
10p ordinary | CFD
| Short | 506 | 4.751 GBP |
10p ordinary | CFD
| Short | 105050 | 4.75942 GBP |
10p ordinary | CFD
| Short | 421 | 4.782 GBP |
10p ordinary | CFD
| Short | 3576 | 4.778 GBP |
10p ordinary | CFD
| Short | 1000 | 4.773 GBP |
10p ordinary | CFD
| Short | 2102 | 4.73 GBP |
10p ordinary | CFD
| Short | 1588 | 4.736 GBP |
10p ordinary | CFD
| Short | 100 | 4.746 GBP |
10p ordinary | CFD
| Short | 558 | 4.7265 GBP |
10p ordinary | CFD
| Short | 80 | 4.726 GBP |
10p ordinary | CFD
| Short | 2720 | 4.7255 GBP |
10p ordinary | CFD
| Short | 2102 | 4.7295 GBP |
10p ordinary | CFD
| Short | 1113 | 4.7299 GBP |
10p ordinary | CFD
| Short | 50 | 4.7478 GBP |
10p ordinary | CFD
| Short | 7446 | 4.74415794 GBP |
10p ordinary | CFD
| Short | 79957 | 4.798398 GBP |
10p ordinary | CFD
| Short | 100000 | 4.753091 GBP |
10p ordinary | CFD
| Short | 235339 | 4.717263 GBP |
10p ordinary | CFD
| Short | 100000 | 4.771193 GBP |
10p ordinary | CFD
| Short | 70043 | 4.77169267 GBP |
10p ordinary | CFD
| Short | 60545 | 4.72499879 GBP |
10p ordinary | CFD
| Short | 37323 | 4.725 GBP |
10p ordinary | CFD
| Short | 15558 | 4.74525581694305 GBP |
10p ordinary | CFD
| Short | 9113 | 4.738153 GBP |
10p ordinary | CFD
| Short | 71800 | 4.74518913649025 GBP |
10p ordinary | CFD
| Short | 1031 | 4.7525 GBP |
10p ordinary | CFD
| Short | 1303 | 4.7545 GBP |
10p ordinary | CFD
| Short | 1408 | 4.744347 GBP |
10p ordinary | CFD
| Short | 4069 | 4.753 GBP |
10p ordinary | CFD
| Short | 2521 | 4.7435 GBP |
10p ordinary | CFD
| Short | 10 | 4.799 GBP |
10p ordinary | CFD
| Short | 83093 | 4.74415787 GBP |
10p ordinary | CFD
| Short | 159615 | 4.74415788 GBP |
10p ordinary | CFD
| Short | 164 | 4.764 GBP |
10p ordinary | CFD
| Short | 3522 | 4.73998538 GBP |
10p ordinary | CFD
| Short | 34819 | 4.7289692 GBP |
10p ordinary | CFD
| Short | 7124 | 4.754465 GBP |
10p ordinary | CFD
| Short | 2 | 4.77 GBP |
10p ordinary | CFD
| Short | 13 | 4.81 GBP |
10p ordinary | CFD
| Short | 983 | 4.74731802 GBP |
10p ordinary | CFD
| Short | 558 | 4.72445 GBP |
10p ordinary | CFD
| Short | 582 | 4.737605 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: | 07 March 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