12th Aug 2024 11:29
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: | 09 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
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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
| 437281 | 5.26317 GBP | 5.20000 GBP |
10p ordinary | Sell
| 317721 | 5.26317 GBP | 5.17600 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 | 1700 | 5.21743411764706 GBP |
10p ordinary | CFD
| Long | 15981 | 5.2390944870346 GBP |
10p ordinary | CFD
| Long | 899 | 5.25227475 GBP |
10p ordinary | CFD
| Long | 14888 | 5.23860108827109 GBP |
10p ordinary | CFD
| Long | 3274 | 5.23032986823458 GBP |
10p ordinary | CFD
| Long | 118587 | 5.238 GBP |
10p ordinary | CFD
| Long | 5319 | 5.23255687 GBP |
10p ordinary | CFD
| Long | 1653 | 5.24631554 GBP |
10p ordinary | CFD
| Long | 194 | 5.18556701 GBP |
10p ordinary | CFD
| Long | 815 | 5.21743067484663 GBP |
10p ordinary | CFD
| Long | 4810 | 5.23493250530146 GBP |
10p ordinary | CFD
| Long | 12 | 5.233 GBP |
10p ordinary | CFD
| Long | 8564 | 5.23703759925269 GBP |
10p ordinary | CFD
| Long | 4336 | 5.23432426199262 GBP |
10p ordinary | CFD
| Long | 487 | 5.262 GBP |
10p ordinary | CFD
| Long | 389 | 5.226 GBP |
10p ordinary | CFD
| Long | 1684 | 5.237738 GBP |
10p ordinary | CFD
| Long | 1252 | 5.23658147 GBP |
10p ordinary | CFD
| Long | 32 | 5.25220858 GBP |
10p ordinary | CFD
| Long | 30 | 5.176126 GBP |
10p ordinary | CFD
| Long | 979 | 5.24082 GBP |
10p ordinary | CFD
| Long | 231 | 5.221186 GBP |
10p ordinary | CFD
| Long | 92 | 5.228582 GBP |
10p ordinary | CFD
| Long | 54 | 5.232757 GBP |
10p ordinary | CFD
| Long | 33 | 5.230657 GBP |
10p ordinary | CFD
| Short | 21483 | 5.237382 GBP |
10p ordinary | CFD
| Short | 796 | 5.23124623 GBP |
10p ordinary | CFD
| Short | 107837 | 5.23657056864462 GBP |
10p ordinary | CFD
| Short | 25443 | 5.238 GBP |
10p ordinary | CFD
| Short | 2782 | 5.2322343610496 GBP |
10p ordinary | CFD
| Short | 480 | 5.23283750191667 GBP |
10p ordinary | CFD
| Short | 1199 | 5.23783236 GBP |
10p ordinary | CFD
| Short | 11298 | 5.23355496640733 GBP |
10p ordinary | CFD
| Short | 143 | 5.23053147 GBP |
10p ordinary | CFD
| Short | 5369 | 5.23159 GBP |
10p ordinary | CFD
| Short | 2645 | 5.234 GBP |
10p ordinary | CFD
| Short | 3162 | 5.23808 GBP |
10p ordinary | CFD
| Short | 7923 | 5.23000883 GBP |
10p ordinary | CFD
| Short | 1290 | 5.238105 GBP |
10p ordinary | CFD
| Short | 867 | 5.23052364 GBP |
10p ordinary | CFD
| Short | 114130 | 5.2381964721324 GBP |
10p ordinary | CFD
| Short | 2033 | 5.238264 GBP |
10p ordinary | CFD
| Short | 12 | 5.233 GBP |
10p ordinary | CFD
| Short | 6546 | 5.22955178631989 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: | 12 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