Last checked at 20 May 2024 11:43
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: | 17 May 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
| 1170118 | 5.28000 GBP | 5.16026 GBP |
10p ordinary | Sell
| 2469526 | 5.28000 GBP | 5.15961 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 | 26944 | 5.24403496 GBP |
10p ordinary | CFD
| Long | 10544 | 5.2438990872923 GBP |
10p ordinary | CFD
| Long | 6940 | 5.24300094627666 GBP |
10p ordinary | CFD
| Long | 3284 | 5.22191367 GBP |
10p ordinary | CFD
| Long | 62100 | 5.22012157809984 GBP |
10p ordinary | CFD
| Long | 28300 | 5.24550706713781 GBP |
10p ordinary | CFD
| Long | 9474 | 5.21526388009289 GBP |
10p ordinary | CFD
| Long | 6726 | 5.19990633363069 GBP |
10p ordinary | CFD
| Long | 926 | 5.25356299882289 GBP |
10p ordinary | CFD
| Long | 1417 | 5.24600988073394 GBP |
10p ordinary | CFD
| Long | 1072 | 5.24181529850746 GBP |
10p ordinary | CFD
| Long | 33988 | 5.2428924045266 GBP |
10p ordinary | CFD
| Long | 2294 | 5.24666652231909 GBP |
10p ordinary | CFD
| Long | 29428 | 5.244 GBP |
10p ordinary | CFD
| Long | 7161 | 5.2443868161025 GBP |
10p ordinary | CFD
| Long | 848 | 5.21692217 GBP |
10p ordinary | CFD
| Long | 8794 | 5.24769878 GBP |
10p ordinary | CFD
| Long | 100 | 5.1895 GBP |
10p ordinary | CFD
| Long | 2818 | 5.2267558579418 GBP |
10p ordinary | CFD
| Long | 2592 | 5.22347917 GBP |
10p ordinary | CFD
| Long | 36652 | 5.23435941868056 GBP |
10p ordinary | CFD
| Long | 5024 | 5.23838455468153 GBP |
10p ordinary | CFD
| Long | 25378 | 5.238969 GBP |
10p ordinary | CFD
| Long | 15540 | 5.245313 GBP |
10p ordinary | CFD
| Long | 37827 | 5.24449394 GBP |
10p ordinary | CFD
| Long | 37884 | 5.22025868 GBP |
10p ordinary | CFD
| Long | 8323 | 5.24183608 GBP |
10p ordinary | CFD
| Long | 971 | 5.15960865 GBP |
10p ordinary | CFD
| Long | 3577 | 5.237114 GBP |
10p ordinary | CFD
| Long | 8242 | 5.243738 GBP |
10p ordinary | CFD
| Long | 42 | 5.187405 GBP |
10p ordinary | CFD
| Long | 970548 | 5.24501735 GBP |
10p ordinary | CFD
| Long | 4426060 | 5.194 GBP |
10p ordinary | CFD
| Short | 6070 | 5.25130214 GBP |
10p ordinary | CFD
| Short | 7109 | 5.24447095 GBP |
10p ordinary | CFD
| Short | 63897 | 5.24328998702161 GBP |
10p ordinary | CFD
| Short | 10611 | 5.24757063011121 GBP |
10p ordinary | CFD
| Short | 1500 | 5.21236666666667 GBP |
10p ordinary | CFD
| Short | 971 | 5.24406555 GBP |
10p ordinary | CFD
| Short | 207 | 5.16038647 GBP |
10p ordinary | CFD
| Short | 2000 | 5.24399996 GBP |
10p ordinary | CFD
| Short | 1577 | 5.198 GBP |
10p ordinary | CFD
| Short | 152 | 5.160263 GBP |
10p ordinary | CFD
| Short | 250 | 5.202 GBP |
10p ordinary | CFD
| Short | 5958 | 5.2430990001007 GBP |
10p ordinary | CFD
| Short | 1526 | 5.24192899709699 GBP |
10p ordinary | CFD
| Short | 6284 | 5.244 GBP |
10p ordinary | CFD
| Short | 4426060 | 5.194 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: | 20 May 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 monitoring@disclosure.org.uk
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.