Last checked at 8 Apr 2024 11:28
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: | 05 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
| 741129 | 4.68401 GBP | 4.64199 GBP |
10p ordinary | Sell
| 480170 | 4.68401 GBP | 4.64199 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 | 9800 | 4.67211632653061 GBP |
10p ordinary | CFD
| Long | 1 | 4.6655 GBP |
10p ordinary | CFD
| Long | 1862 | 4.675091 GBP |
10p ordinary | CFD
| Long | 3 | 4.668 GBP |
10p ordinary | CFD
| Long | 33353 | 4.65436902227686 GBP |
10p ordinary | CFD
| Long | 738 | 4.667453 GBP |
10p ordinary | CFD
| Long | 2881 | 4.67589518 GBP |
10p ordinary | CFD
| Long | 37959 | 4.655 GBP |
10p ordinary | CFD
| Long | 2752 | 4.6761034 GBP |
10p ordinary | CFD
| Long | 3612 | 4.66986932 GBP |
10p ordinary | CFD
| Long | 22522 | 4.668841 GBP |
10p ordinary | CFD
| Long | 9748 | 4.65460094378334 GBP |
10p ordinary | CFD
| Long | 2510 | 4.6546015936255 GBP |
10p ordinary | CFD
| Long | 616 | 4.65619805 GBP |
10p ordinary | CFD
| Long | 7543 | 4.67105528304388 GBP |
10p ordinary | CFD
| Long | 17446 | 4.66459417631549 GBP |
10p ordinary | CFD
| Long | 6021 | 4.662659 GBP |
10p ordinary | CFD
| Long | 27815 | 4.666808 GBP |
10p ordinary | CFD
| Long | 26683 | 4.665068 GBP |
10p ordinary | CFD
| Long | 496 | 4.679 GBP |
10p ordinary | CFD
| Long | 1289 | 4.6745 GBP |
10p ordinary | CFD
| Short | 78999 | 4.655 GBP |
10p ordinary | CFD
| Short | 68006 | 4.658574 GBP |
10p ordinary | CFD
| Short | 24173 | 4.65761564 GBP |
10p ordinary | CFD
| Short | 9956 | 4.65810095 GBP |
10p ordinary | CFD
| Short | 8630 | 4.65649194 GBP |
10p ordinary | CFD
| Short | 5283 | 4.66445958 GBP |
10p ordinary | CFD
| Short | 89553 | 4.655642 GBP |
10p ordinary | CFD
| Short | 1600 | 4.66240875 GBP |
10p ordinary | CFD
| Short | 412 | 4.65821845 GBP |
10p ordinary | CFD
| Short | 2 | 4.659 GBP |
10p ordinary | CFD
| Short | 2738 | 4.65632287 GBP |
10p ordinary | CFD
| Short | 462 | 4.66521212121212 GBP |
10p ordinary | CFD
| Short | 521 | 4.679634 GBP |
10p ordinary | CFD
| Short | 5045 | 4.66513414 GBP |
10p ordinary | CFD
| Short | 11436 | 4.66011173 GBP |
10p ordinary | CFD
| Short | 46276 | 4.66844067 GBP |
10p ordinary | CFD
| Short | 87719 | 4.65520211 GBP |
10p ordinary | CFD
| Short | 236 | 4.655212 GBP |
10p ordinary | CFD
| Short | 807 | 4.6580768 GBP |
10p ordinary | CFD
| Short | 3273 | 4.66650185 GBP |
10p ordinary | CFD
| Short | 15606 | 4.6635049485 GBP |
10p ordinary | CFD
| Short | 215 | 4.67 GBP |
10p ordinary | CFD
| Short | 1536 | 4.672 GBP |
10p ordinary | CFD
| Short | 1595 | 4.668 GBP |
10p ordinary | CFD
| Short | 1329 | 4.66785446 GBP |
10p ordinary | CFD
| Short | 1523 | 4.666381 GBP |
10p ordinary | CFD
| Short | 1856 | 4.658 GBP |
10p ordinary | CFD
| Short | 1856 | 4.657 GBP |
10p ordinary | CFD
| Short | 1039 | 4.66526660250241 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 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 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.