Last checked at 15 Apr 2024 11:58
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: | 12 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
| 497902 | 4.67301 GBP | 4.57800 GBP |
10p ordinary | Sell
| 833301 | 4.67135 GBP | 4.57502 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 | 18211 | 4.58036 GBP |
10p ordinary | CFD
| Long | 189 | 4.67094161 GBP |
10p ordinary | CFD
| Long | 316 | 4.591 GBP |
10p ordinary | CFD
| Long | 63979 | 4.60070319948733 GBP |
10p ordinary | CFD
| Long | 88 | 4.65386364 GBP |
10p ordinary | CFD
| Long | 1092 | 4.67065018 GBP |
10p ordinary | CFD
| Long | 217 | 4.575 GBP |
10p ordinary | CFD
| Long | 451 | 4.59859202 GBP |
10p ordinary | CFD
| Long | 174194 | 4.593861 GBP |
10p ordinary | CFD
| Long | 6010 | 4.62329445 GBP |
10p ordinary | CFD
| Long | 5600 | 4.57862857142857 GBP |
10p ordinary | CFD
| Long | 885 | 4.614136 GBP |
10p ordinary | CFD
| Long | 3749 | 4.6 GBP |
10p ordinary | CFD
| Long | 1300 | 4.664 GBP |
10p ordinary | CFD
| Long | 1588 | 4.58233879 GBP |
10p ordinary | CFD
| Long | 4897 | 4.6250915 GBP |
10p ordinary | CFD
| Long | 12364 | 4.59312269 GBP |
10p ordinary | CFD
| Long | 58 | 4.5942155 GBP |
10p ordinary | CFD
| Long | 74486 | 4.607476 GBP |
10p ordinary | CFD
| Long | 17013 | 4.63826715 GBP |
10p ordinary | CFD
| Long | 1377 | 4.5962 GBP |
10p ordinary | CFD
| Long | 18 | 4.59311111 GBP |
10p ordinary | CFD
| Long | 192057 | 4.59336744 GBP |
10p ordinary | CFD
| Long | 18595 | 4.59977 GBP |
10p ordinary | CFD
| Long | 2373 | 4.599329 GBP |
10p ordinary | CFD
| Long | 3325 | 4.589439 GBP |
10p ordinary | CFD
| Long | 17591 | 4.59755556818828 GBP |
10p ordinary | CFD
| Long | 7215 | 4.61283853083853 GBP |
10p ordinary | CFD
| Long | 4287 | 4.630622 GBP |
10p ordinary | CFD
| Short | 3634 | 4.597 GBP |
10p ordinary | CFD
| Short | 121074 | 4.598506 GBP |
10p ordinary | CFD
| Short | 1544 | 4.599665 GBP |
10p ordinary | CFD
| Short | 2686 | 4.673016 GBP |
10p ordinary | CFD
| Short | 5293 | 4.61297775 GBP |
10p ordinary | CFD
| Short | 7356 | 4.63104269 GBP |
10p ordinary | CFD
| Short | 61745 | 4.6 GBP |
10p ordinary | CFD
| Short | 17256 | 4.610392 GBP |
10p ordinary | CFD
| Short | 1038 | 4.6147148 GBP |
10p ordinary | CFD
| Short | 8843 | 4.60807927 GBP |
10p ordinary | CFD
| Short | 26972 | 4.601784 GBP |
10p ordinary | CFD
| Short | 8870 | 4.62189053 GBP |
10p ordinary | CFD
| Short | 1026 | 4.59594834307992 GBP |
10p ordinary | CFD
| Short | 6326 | 4.657 GBP |
10p ordinary | CFD
| Short | 73900 | 4.64527415426252 GBP |
10p ordinary | CFD
| Short | 454 | 4.59594052863436 GBP |
10p ordinary | CFD
| Short | 13212 | 4.60023 GBP |
10p ordinary | CFD
| Short | 2480 | 4.581 GBP |
10p ordinary | CFD
| Short | 5014 | 4.60152573 GBP |
10p ordinary | CFD
| Short | 24125 | 4.605269 GBP |
10p ordinary | CFD
| Short | 731 | 4.604 GBP |
10p ordinary | CFD
| Short | 5407 | 4.62961597 GBP |
10p ordinary | CFD
| Short | 1782 | 4.62954837 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: | 15 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.