12th Apr 2024 10:42
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: | 11 April 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
| 899262 | 4.58099 GBP | 4.51335 GBP |
10p ordinary | Sell
| 260519 | 4.56046 GBP | 4.51293 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 | 18923 | 4.529773 GBP |
10p ordinary | CFD
| Long | 1501 | 4.541322 GBP |
10p ordinary | CFD
| Long | 8668 | 4.538475 GBP |
10p ordinary | CFD
| Long | 8 | 4.549 GBP |
10p ordinary | CFD
| Long | 8592 | 4.52909450651769 GBP |
10p ordinary | CFD
| Long | 146 | 4.539247 GBP |
10p ordinary | CFD
| Long | 163 | 4.540147 GBP |
10p ordinary | CFD
| Long | 6391 | 4.54028946956658 GBP |
10p ordinary | CFD
| Long | 1042 | 4.55328214971209 GBP |
10p ordinary | CFD
| Long | 109 | 4.51294359 GBP |
10p ordinary | CFD
| Long | 10501 | 4.5371 GBP |
10p ordinary | CFD
| Long | 537 | 4.54999441 GBP |
10p ordinary | CFD
| Long | 31829 | 4.542689 GBP |
10p ordinary | CFD
| Long | 42 | 4.529 GBP |
10p ordinary | CFD
| Long | 1481 | 4.53 GBP |
10p ordinary | CFD
| Long | 31 | 4.542581 GBP |
10p ordinary | CFD
| Long | 2184 | 4.55406593 GBP |
10p ordinary | CFD
| Long | 68481 | 4.52480746 GBP |
10p ordinary | CFD
| Short | 919 | 4.568 GBP |
10p ordinary | CFD
| Short | 2028 | 4.536 GBP |
10p ordinary | CFD
| Short | 3205 | 4.571 GBP |
10p ordinary | CFD
| Short | 1141 | 4.581 GBP |
10p ordinary | CFD
| Short | 992 | 4.572 GBP |
10p ordinary | CFD
| Short | 28236 | 4.530227 GBP |
10p ordinary | CFD
| Short | 188880 | 4.538281 GBP |
10p ordinary | CFD
| Short | 8758 | 4.5387319967995 GBP |
10p ordinary | CFD
| Short | 3757 | 4.54162599739952 GBP |
10p ordinary | CFD
| Short | 375 | 4.542 GBP |
10p ordinary | CFD
| Short | 10359 | 4.53084 GBP |
10p ordinary | CFD
| Short | 186959 | 4.53033 GBP |
10p ordinary | CFD
| Short | 86210 | 4.529052 GBP |
10p ordinary | CFD
| Short | 149 | 4.5405906 GBP |
10p ordinary | CFD
| Short | 6199 | 4.53337385 GBP |
10p ordinary | CFD
| Short | 37200 | 4.54234811827957 GBP |
10p ordinary | CFD
| Short | 18283 | 4.53775406 GBP |
10p ordinary | CFD
| Short | 18217 | 4.535327 GBP |
10p ordinary | CFD
| Short | 153 | 4.54045751633987 GBP |
10p ordinary | CFD
| Short | 21107 | 4.53647625 GBP |
10p ordinary | CFD
| Short | 15094 | 4.53707 GBP |
10p ordinary | CFD
| Short | 1623 | 4.5380832 GBP |
10p ordinary | CFD
| Short | 9922 | 4.53521422 GBP |
10p ordinary | CFD
| Short | 2086 | 4.5393629 GBP |
10p ordinary | CFD
| Short | 29862 | 4.532436 GBP |
10p ordinary | CFD
| Short | 12980 | 4.54693374 GBP |
10p ordinary | CFD
| Short | 10726 | 4.53119522 GBP |
10p ordinary | CFD
| Short | 179 | 4.51335196 GBP |
10p ordinary | CFD
| Short | 12 | 4.53 GBP |
10p ordinary | CFD
| Short | 70422 | 4.547354 GBP |
10p ordinary | CFD
| Short | 3594 | 4.537 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 April 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