Last checked at 
5 Aug 2024 09:55
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: | Morgan Stanley & Co. International plc |
(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: | 02 August 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" | YES- Redrow Plc |
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 | PURCHASES | 1,431,868 | 5.3279 GBP | 5.1980 GBP |
10p ordinary | SALES | 1,052,045 | 5.3390 GBP | 5.2010 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 | increasing a long position | 823 | 5.2040 GBP |
10p ordinary | CFD | increasing a long position | 85 | 5.2119 GBP |
10p ordinary | CFD | increasing a long position | 158 | 5.2238 GBP |
10p ordinary | CFD | increasing a long position | 15 | 5.2240 GBP |
10p ordinary | CFD | increasing a long position | 200 | 5.2278 GBP |
10p ordinary | CFD | increasing a long position | 1,126 | 5.2286 GBP |
10p ordinary | CFD | increasing a long position | 63,675 | 5.2288 GBP |
10p ordinary | CFD | increasing a long position | 4,797 | 5.2297 GBP |
10p ordinary | CFD | increasing a long position | 59,131 | 5.2299 GBP |
10p ordinary | CFD | increasing a long position | 17 | 5.2340 GBP |
10p ordinary | CFD | increasing a long position | 600 | 5.2360 GBP |
10p ordinary | CFD | increasing a long position | 17,550 | 5.2360 GBP |
10p ordinary | CFD | increasing a long position | 2,181 | 5.2360 GBP |
10p ordinary | CFD | increasing a long position | 276 | 5.2360 GBP |
10p ordinary | CFD | increasing a long position | 14,679 | 5.2360 GBP |
10p ordinary | CFD | increasing a long position | 24,232 | 5.2360 GBP |
10p ordinary | CFD | increasing a long position | 3,203 | 5.2382 GBP |
10p ordinary | CFD | increasing a long position | 1,431 | 5.2407 GBP |
10p ordinary | CFD | increasing a long position | 18,007 | 5.2446 GBP |
10p ordinary | CFD | increasing a long position | 2,083 | 5.2461 GBP |
10p ordinary | CFD | increasing a long position | 1,134 | 5.2502 GBP |
10p ordinary | CFD | increasing a long position | 857 | 5.2537 GBP |
10p ordinary | CFD | increasing a long position | 2,775 | 5.2598 GBP |
10p ordinary | CFD | increasing a long position | 1,773 | 5.2644 GBP |
10p ordinary | CFD | increasing a short position | 27 | 5.2089 GBP |
10p ordinary | CFD | increasing a short position | 255 | 5.2089 GBP |
10p ordinary | CFD | increasing a short position | 74 | 5.2089 GBP |
10p ordinary | CFD | increasing a short position | 34 | 5.2089 GBP |
10p ordinary | CFD | increasing a short position | 15 | 5.2089 GBP |
10p ordinary | CFD | increasing a short position | 2,443 | 5.2151 GBP |
10p ordinary | CFD | increasing a short position | 1,155 | 5.2151 GBP |
10p ordinary | CFD | increasing a short position | 508 | 5.2151 GBP |
10p ordinary | CFD | increasing a short position | 919 | 5.2151 GBP |
10p ordinary | CFD | increasing a short position | 8,427 | 5.2151 GBP |
10p ordinary | CFD | increasing a short position | 5,890 | 5.2164 GBP |
10p ordinary | CFD | increasing a short position | 4,279 | 5.2257 GBP |
10p ordinary | CFD | increasing a short position | 7,732 | 5.2257 GBP |
10p ordinary | CFD | increasing a short position | 70,877 | 5.2257 GBP |
10p ordinary | CFD | increasing a short position | 9,718 | 5.2257 GBP |
10p ordinary | CFD | increasing a short position | 20,555 | 5.2257 GBP |
10p ordinary | CFD | increasing a short position | 1,910 | 5.2283 GBP |
10p ordinary | CFD | increasing a short position | 5,809 | 5.2315 GBP |
10p ordinary | CFD | increasing a short position | 10,499 | 5.2315 GBP |
10p ordinary | CFD | increasing a short position | 96,239 | 5.2315 GBP |
10p ordinary | CFD | increasing a short position | 27,909 | 5.2315 GBP |
10p ordinary | CFD | increasing a short position | 13,195 | 5.2315 GBP |
10p ordinary | CFD | increasing a short position | 2,806 | 5.2343 GBP |
10p ordinary | CFD | increasing a short position | 4,717 | 5.2344 GBP |
10p ordinary | CFD | increasing a short position | 71,847 | 5.2348 GBP |
10p ordinary | CFD | increasing a short position | 1,866 | 5.2355 GBP |
10p ordinary | CFD | increasing a short position | 92 | 5.2359 GBP |
10p ordinary | CFD | increasing a short position | 55,202 | 5.2360 GBP |
10p ordinary | CFD | increasing a short position | 38 | 5.2360 GBP |
10p ordinary | CFD | increasing a short position | 212,700 | 5.2378 GBP |
10p ordinary | CFD | increasing a short position | 823 | 5.2460 GBP |
10p ordinary | CFD | increasing a short position | 39 | 5.2465 GBP |
10p ordinary | CFD | increasing a short position | 20,582 | 5.2521 GBP |
10p ordinary | CFD | increasing a short position | 9,910 | 5.2521 GBP |
10p ordinary | CFD | increasing a short position | 539 | 5.2524 GBP |
10p ordinary | CFD | increasing a short position | 3,942 | 5.2524 GBP |
10p ordinary | CFD | increasing a short position | 430 | 5.2524 GBP |
10p ordinary | CFD | increasing a short position | 237 | 5.2524 GBP |
10p ordinary | CFD | increasing a short position | 1,143 | 5.2524 GBP |
10p ordinary | CFD | increasing a short position | 1,140 | 5.2545 GBP |
10p ordinary | CFD | increasing a short position | 24,502 | 5.2576 GBP |
10p ordinary | CFD | increasing a short position | 828 | 5.3377 GBP |
10p ordinary | CFD | reducing a long position | 6,130 | 5.2175 GBP |
10p ordinary | CFD | reducing a long position | 230 | 5.2279 GBP |
10p ordinary | CFD | reducing a long position | 240 | 5.2343 GBP |
10p ordinary | CFD | reducing a long position | 311 | 5.2344 GBP |
10p ordinary | CFD | reducing a long position | 17,146 | 5.2348 GBP |
10p ordinary | CFD | reducing a long position | 15,052 | 5.2360 GBP |
10p ordinary | CFD | reducing a long position | 4 | 5.2360 GBP |
10p ordinary | CFD | reducing a long position | 18,007 | 5.2365 GBP |
10p ordinary | CFD | reducing a long position | 3,823 | 5.2373 GBP |
10p ordinary | CFD | reducing a long position | 24,125 | 5.2391 GBP |
10p ordinary | CFD | reducing a long position | 1,652 | 5.2460 GBP |
10p ordinary | CFD | reducing a long position | 67,727 | 5.2520 GBP |
10p ordinary | CFD | reducing a long position | 2,775 | 5.2593 GBP |
10p ordinary | CFD | reducing a long position | 276 | 5.2740 GBP |
10p ordinary | CFD | reducing a long position | 171 | 5.2740 GBP |
10p ordinary | CFD | reducing a long position | 636 | 5.2796 GBP |
10p ordinary | CFD | reducing a long position | 1,390 | 5.3090 GBP |
10p ordinary | CFD | reducing a short position | 740 | 5.2071 GBP |
10p ordinary | CFD | reducing a short position | 1,208 | 5.2116 GBP |
10p ordinary | CFD | reducing a short position | 23,437 | 5.2288 GBP |
10p ordinary | CFD | reducing a short position | 25,445 | 5.2299 GBP |
10p ordinary | CFD | reducing a short position | 8,258 | 5.2305 GBP |
10p ordinary | CFD | reducing a short position | 9,045 | 5.2322 GBP |
10p ordinary | CFD | reducing a short position | 3,554 | 5.2352 GBP |
10p ordinary | CFD | reducing a short position | 502 | 5.2356 GBP |
10p ordinary | CFD | reducing a short position | 246 | 5.2360 GBP |
10p ordinary | CFD | reducing a short position | 403 | 5.2360 GBP |
10p ordinary | CFD | reducing a short position | 21,634 | 5.2385 GBP |
10p ordinary | CFD | reducing a short position | 71,847 | 5.2461 GBP |
10p ordinary | CFD | reducing a short position | 500 | 5.2488 GBP |
10p ordinary | CFD | reducing a short position | 4,751 | 5.2488 GBP |
10p ordinary | CFD | reducing a short position | 2,716 | 5.2644 GBP |
10p ordinary | CFD | reducing a short position | 90,000 | 5.2938 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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
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
|
(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: | 05 August 2024 |
| Contact name: | Craig Horsley |
| Telephone number: | +44 141 245-7736 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
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.
