Last checked at 30 Apr 2024 11:29
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: | 29 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
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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
| 2041838 | 4.60933 GBP | 4.56222 GBP |
10p ordinary | Sell
| 222371 | 4.60933 GBP | 4.56222 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 | 628 | 4.572 GBP |
10p ordinary | CFD
| Long | 52064 | 4.569688 GBP |
10p ordinary | CFD
| Long | 174 | 4.573247 GBP |
10p ordinary | CFD
| Long | 34300 | 4.57512653061224 GBP |
10p ordinary | CFD
| Long | 17915 | 4.57656977334636 GBP |
10p ordinary | CFD
| Long | 146 | 4.57193836 GBP |
10p ordinary | CFD
| Long | 3651 | 4.5860306563599 GBP |
10p ordinary | CFD
| Long | 793 | 4.57811728 GBP |
10p ordinary | CFD
| Long | 444 | 4.566 GBP |
10p ordinary | CFD
| Long | 48 | 4.5749 GBP |
10p ordinary | CFD
| Long | 32 | 4.581 GBP |
10p ordinary | CFD
| Long | 13458 | 4.58326103 GBP |
10p ordinary | CFD
| Long | 5094 | 4.57179770519631 GBP |
10p ordinary | CFD
| Long | 1683 | 4.56785354 GBP |
10p ordinary | CFD
| Long | 1411 | 4.59374522 GBP |
10p ordinary | CFD
| Long | 16060 | 4.58321413774097 GBP |
10p ordinary | CFD
| Long | 3133 | 4.5717194426556 GBP |
10p ordinary | CFD
| Long | 1081 | 4.59274190710453 GBP |
10p ordinary | CFD
| Long | 590 | 4.56705084949153 GBP |
10p ordinary | CFD
| Long | 3261 | 4.585931 GBP |
10p ordinary | CFD
| Long | 660 | 4.57 GBP |
10p ordinary | CFD
| Long | 1388 | 4.5755 GBP |
10p ordinary | CFD
| Long | 1646 | 4.5645 GBP |
10p ordinary | CFD
| Long | 4149 | 4.564 GBP |
10p ordinary | CFD
| Long | 2015 | 4.574542 GBP |
10p ordinary | CFD
| Long | 67 | 4.579 GBP |
10p ordinary | CFD
| Long | 628 | 4.5725 GBP |
10p ordinary | CFD
| Short | 22952 | 4.570228 GBP |
10p ordinary | CFD
| Short | 17913 | 4.57646849 GBP |
10p ordinary | CFD
| Short | 3290 | 4.57609905 GBP |
10p ordinary | CFD
| Short | 1801329 | 4.57 GBP |
10p ordinary | CFD
| Short | 4282 | 4.57396968141056 GBP |
10p ordinary | CFD
| Short | 700 | 4.5724572 GBP |
10p ordinary | CFD
| Short | 9709 | 5.73483571943558 USD |
10p ordinary | CFD
| Short | 66582 | 4.57000780348412 GBP |
10p ordinary | CFD
| Short | 1580 | 4.5695316 GBP |
10p ordinary | CFD
| Short | 92 | 4.57359318 GBP |
10p ordinary | CFD
| Short | 15977 | 4.570954 GBP |
10p ordinary | CFD
| Short | 2308 | 4.57019651 GBP |
10p ordinary | CFD
| Short | 7064 | 4.57193361 GBP |
10p ordinary | CFD
| Short | 12585 | 4.57322455769726 GBP |
10p ordinary | CFD
| Short | 3059 | 4.57208614 GBP |
10p ordinary | CFD
| Short | 2673 | 4.576495 GBP |
10p ordinary | CFD
| Short | 2328 | 4.57512318 GBP |
10p ordinary | CFD
| Short | 1371 | 4.56417943 GBP |
10p ordinary | CFD
| Short | 1163 | 4.57129831 GBP |
10p ordinary | CFD
| Short | 2910 | 4.57070997 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: | 30 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.