Last checked at 1 May 2024 11:34
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: | 30 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
| 411025 | 4.60850 GBP | 4.54043 GBP |
10p ordinary | Sell
| 513815 | 4.60850 GBP | 4.54043 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 | 22737 | 4.547 GBP |
10p ordinary | CFD
| Long | 2011 | 4.57462332173048 GBP |
10p ordinary | CFD
| Long | 30 | 4.58753333 GBP |
10p ordinary | CFD
| Long | 947 | 4.54712724393875 GBP |
10p ordinary | CFD
| Long | 60961 | 4.55963939357245 GBP |
10p ordinary | CFD
| Long | 5917 | 4.55209599423018 GBP |
10p ordinary | CFD
| Long | 31414 | 4.557138 GBP |
10p ordinary | CFD
| Long | 1630 | 4.60822086 GBP |
10p ordinary | CFD
| Long | 3220 | 4.55028598 GBP |
10p ordinary | CFD
| Long | 925 | 4.58532973 GBP |
10p ordinary | CFD
| Long | 46575 | 4.546773 GBP |
10p ordinary | CFD
| Long | 341 | 4.586774 GBP |
10p ordinary | CFD
| Long | 5840 | 4.561876 GBP |
10p ordinary | CFD
| Long | 2071 | 4.568 GBP |
10p ordinary | CFD
| Long | 862 | 4.57426682134571 GBP |
10p ordinary | CFD
| Long | 214 | 4.55497663551402 GBP |
10p ordinary | CFD
| Long | 5340 | 4.5631315 GBP |
10p ordinary | CFD
| Long | 13461 | 4.59993024 GBP |
10p ordinary | CFD
| Long | 82039 | 4.5649710503541 GBP |
10p ordinary | CFD
| Long | 5161 | 4.54668281340825 GBP |
10p ordinary | CFD
| Long | 130 | 4.56113846 GBP |
10p ordinary | CFD
| Long | 74 | 4.549 GBP |
10p ordinary | CFD
| Long | 29650 | 4.55148444949005 GBP |
10p ordinary | CFD
| Long | 11412 | 4.56553588183666 GBP |
10p ordinary | CFD
| Long | 4061 | 4.56057935461216 GBP |
10p ordinary | CFD
| Long | 2135 | 4.55533115 GBP |
10p ordinary | CFD
| Long | 11956 | 4.56158179680913 GBP |
10p ordinary | CFD
| Long | 2725 | 4.55529981360734 GBP |
10p ordinary | CFD
| Long | 950 | 4.57141579 GBP |
10p ordinary | CFD
| Long | 49 | 4.5614 GBP |
10p ordinary | CFD
| Long | 3719 | 4.56233934 GBP |
10p ordinary | CFD
| Long | 3258 | 4.55567526 GBP |
10p ordinary | CFD
| Long | 647 | 4.569686 GBP |
10p ordinary | CFD
| Short | 81992 | 4.547 GBP |
10p ordinary | CFD
| Short | 106384 | 4.55972798 GBP |
10p ordinary | CFD
| Short | 762 | 4.55198395616798 GBP |
10p ordinary | CFD
| Short | 13475 | 4.55972836 GBP |
10p ordinary | CFD
| Short | 380 | 4.54893157894737 GBP |
10p ordinary | CFD
| Short | 840 | 4.583 GBP |
10p ordinary | CFD
| Short | 19688 | 4.568206 GBP |
10p ordinary | CFD
| Short | 826 | 4.54705684 GBP |
10p ordinary | CFD
| Short | 537 | 4.54663501 GBP |
10p ordinary | CFD
| Short | 1561 | 4.58389814495836 GBP |
10p ordinary | CFD
| Short | 11253 | 4.55730481136408 GBP |
10p ordinary | CFD
| Short | 1445 | 4.56098325936332 GBP |
10p ordinary | CFD
| Short | 201 | 4.555132 GBP |
10p ordinary | CFD
| Short | 199 | 4.562482 GBP |
10p ordinary | CFD
| Short | 7060 | 4.58591119034561 GBP |
10p ordinary | CFD
| Short | 863 | 4.54891541135574 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: | 01 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.