8th Feb 2024 11:10
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 | Redrow plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Redrow plc |
(d) Date dealing undertaken: | 07 February 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 |
10.5p ordinary | Buy
| 1864884 | 7.00000 GBP | 6.71000 GBP |
10.5p ordinary | Sell
| 2811521 | 6.95761 GBP | 6.68500 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 |
10.5p ordinary | CFD
| Long | 5 | 6.746 GBP |
10.5p ordinary | CFD
| Long | 14000 | 6.78349571428571 GBP |
10.5p ordinary | CFD
| Long | 41519 | 6.93653002 GBP |
10.5p ordinary | CFD
| Long | 301872 | 6.73013324 GBP |
10.5p ordinary | CFD
| Long | 22983 | 6.93653004 GBP |
10.5p ordinary | CFD
| Long | 4799 | 6.884655 GBP |
10.5p ordinary | CFD
| Long | 1655 | 6.884659 GBP |
10.5p ordinary | CFD
| Long | 10 | 6.8955 GBP |
10.5p ordinary | CFD
| Long | 2 | 6.7975 GBP |
10.5p ordinary | CFD
| Long | 3063 | 6.841707 GBP |
10.5p ordinary | CFD
| Long | 20348 | 6.835408 GBP |
10.5p ordinary | CFD
| Long | 8 | 6.685 GBP |
10.5p ordinary | CFD
| Long | 4073 | 6.829087 GBP |
10.5p ordinary | CFD
| Long | 2161 | 6.901414 GBP |
10.5p ordinary | CFD
| Long | 176 | 6.957614 GBP |
10.5p ordinary | CFD
| Long | 1046350 | 6.84464669 GBP |
10.5p ordinary | CFD
| Long | 12 | 6.74791666666667 GBP |
10.5p ordinary | CFD
| Long | 1212 | 6.78468646864686 GBP |
10.5p ordinary | CFD
| Long | 5110 | 6.82250293542074 GBP |
10.5p ordinary | CFD
| Long | 27773 | 6.73013342 GBP |
10.5p ordinary | CFD
| Long | 2114 | 6.93652791 GBP |
10.5p ordinary | CFD
| Long | 12376 | 6.79963 GBP |
10.5p ordinary | CFD
| Long | 164 | 6.88500023 GBP |
10.5p ordinary | CFD
| Long | 182 | 6.78 GBP |
10.5p ordinary | CFD
| Long | 220 | 6.785 GBP |
10.5p ordinary | CFD
| Long | 545355 | 6.73013326 GBP |
10.5p ordinary | CFD
| Short | 289167 | 6.92774715 GBP |
10.5p ordinary | CFD
| Short | 139500 | 6.97052351 GBP |
10.5p ordinary | CFD
| Short | 100000 | 6.98349 GBP |
10.5p ordinary | CFD
| Short | 39100 | 6.79982116368286 GBP |
10.5p ordinary | CFD
| Short | 12 | 6.92 GBP |
10.5p ordinary | CFD
| Short | 79227 | 6.86105800419996 GBP |
10.5p ordinary | CFD
| Short | 135281 | 6.885 GBP |
10.5p ordinary | CFD
| Short | 38100 | 6.88235564 GBP |
10.5p ordinary | CFD
| Short | 88679 | 6.79982109631367 GBP |
10.5p ordinary | CFD
| Short | 156 | 6.817115 GBP |
10.5p ordinary | CFD
| Short | 4062 | 6.89286 GBP |
10.5p ordinary | CFD
| Short | 38603 | 6.902989 GBP |
10.5p ordinary | CFD
| Short | 7958 | 6.8644068861523 GBP |
10.5p ordinary | CFD
| Short | 24854 | 6.790701 GBP |
10.5p ordinary | CFD
| Short | 137 | 6.83 GBP |
10.5p ordinary | CFD
| Short | 600 | 6.798033 GBP |
10.5p ordinary | CFD
| Short | 408 | 6.8075 GBP |
10.5p ordinary | CFD
| Short | 160 | 6.8 GBP |
10.5p ordinary | CFD
| Short | 434 | 6.735 GBP |
10.5p ordinary | CFD
| Short | 1300 | 6.74 GBP |
10.5p ordinary | CFD
| Short | 783 | 6.7375 GBP |
10.5p ordinary | CFD
| Short | 919 | 6.73 GBP |
10.5p ordinary | CFD
| Short | 723 | 6.71 GBP |
10.5p ordinary | CFD
| Short | 155 | 6.8225 GBP |
10.5p ordinary | CFD
| Short | 919 | 6.835 GBP |
10.5p ordinary | CFD
| Short | 60935 | 6.88462 GBP |
10.5p ordinary | CFD
| Short | 46100 | 6.88737700650759 GBP |
10.5p ordinary | CFD
| Short | 9338 | 7.0 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: | 08 February 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:
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