19th Aug 2024 10:57
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: | 16 August 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
| 521937 | 5.40026 GBP | 5.33481 GBP |
10p ordinary | Sell
| 420411 | 5.39958 GBP | 5.35400 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 | 457 | 5.39143107 GBP |
10p ordinary | CFD
| Long | 1381 | 5.36185373165098 GBP |
10p ordinary | CFD
| Long | 885 | 5.357921 GBP |
10p ordinary | CFD
| Long | 457 | 5.39958424 GBP |
10p ordinary | CFD
| Long | 6198 | 5.356639 GBP |
10p ordinary | CFD
| Long | 31106 | 5.357732 GBP |
10p ordinary | CFD
| Long | 6122 | 5.36038290159588 GBP |
10p ordinary | CFD
| Long | 3977 | 5.36252250324114 GBP |
10p ordinary | CFD
| Long | 210 | 5.354 GBP |
10p ordinary | CFD
| Long | 242 | 5.35467769 GBP |
10p ordinary | CFD
| Long | 127 | 5.364764 GBP |
10p ordinary | CFD
| Long | 80 | 5.366238 GBP |
10p ordinary | CFD
| Long | 215 | 5.36614 GBP |
10p ordinary | CFD
| Long | 150581 | 5.358 GBP |
10p ordinary | CFD
| Long | 562 | 5.39187900108541 GBP |
10p ordinary | CFD
| Long | 30050 | 5.37390725672146 GBP |
10p ordinary | CFD
| Short | 16779 | 5.358 GBP |
10p ordinary | CFD
| Short | 229 | 5.400262 GBP |
10p ordinary | CFD
| Short | 5885 | 5.36870799919966 GBP |
10p ordinary | CFD
| Short | 18015 | 5.362878 GBP |
10p ordinary | CFD
| Short | 20572 | 5.36840939 GBP |
10p ordinary | CFD
| Short | 15264 | 5.369255 GBP |
10p ordinary | CFD
| Short | 5204 | 5.372219 GBP |
10p ordinary | CFD
| Short | 2895 | 5.343118 GBP |
10p ordinary | CFD
| Short | 7355 | 5.38188579197825 GBP |
10p ordinary | CFD
| Short | 784 | 5.37182652951531 GBP |
10p ordinary | CFD
| Short | 4283 | 5.3669526 GBP |
10p ordinary | CFD
| Short | 3120 | 5.37580224505128 GBP |
10p ordinary | CFD
| Short | 11453 | 5.35436252178381 GBP |
10p ordinary | CFD
| Short | 6044 | 5.35799768 GBP |
10p ordinary | CFD
| Short | 3631 | 5.38590373 GBP |
10p ordinary | CFD
| Short | 15972 | 5.358081 GBP |
10p ordinary | CFD
| Short | 2074 | 5.37750723 GBP |
10p ordinary | CFD
| Short | 40095 | 5.36151 GBP |
10p ordinary | CFD
| Short | 3542 | 5.38188198757764 GBP |
10p ordinary | CFD
| Short | 3200 | 5.33483125 GBP |
10p ordinary | CFD
| Short | 4720 | 5.36355382742373 GBP |
10p ordinary | CFD
| Short | 49277 | 5.35963808673418 GBP |
10p ordinary | CFD
| Short | 9562 | 5.36171753144844 GBP |
10p ordinary | CFD
| Short | 25013 | 5.37072210046016 GBP |
10p ordinary | CFD
| Short | 5913 | 5.3637629 GBP |
10p ordinary | CFD
| Short | 1877 | 5.3641744 GBP |
10p ordinary | CFD
| Short | 17369 | 5.37903563 GBP |
10p ordinary | CFD
| Short | 4229 | 5.36709151 GBP |
10p ordinary | CFD
| Short | 2415 | 5.352755 GBP |
10p ordinary | CFD
| Short | 1068 | 5.35808052 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: | 19 August 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