Last checked at 20 Mar 2024 11:48
This announcement replaces the previous RNS announcement 4394H released at 11:44 on the 19th March 2024. Amendments to sections 2a and 2b. All other information remains unchanged
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: | 18 March 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
| 462374 | 4.80100 GBP | 4.70599 GBP |
10p ordinary | Sell
| 429918 | 4.80000 GBP | 4.70599 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 | 953 | 4.71711752360965 GBP |
10p ordinary | CFD
| Long | 1000 | 4.749 GBP |
10p ordinary | CFD
| Long | 29354 | 4.756941 GBP |
10p ordinary | CFD
| Long | 15217 | 4.73955261 GBP |
10p ordinary | CFD
| Long | 9146 | 4.718379 GBP |
10p ordinary | CFD
| Long | 10858 | 4.714764 GBP |
10p ordinary | CFD
| Long | 278 | 4.74658273 GBP |
10p ordinary | CFD
| Long | 125 | 4.73568 GBP |
10p ordinary | CFD
| Long | 2991 | 4.71494106 GBP |
10p ordinary | CFD
| Long | 2440 | 4.779041 GBP |
10p ordinary | CFD
| Long | 31733 | 4.715 GBP |
10p ordinary | CFD
| Long | 275 | 4.733916 GBP |
10p ordinary | CFD
| Long | 747 | 4.733713 GBP |
10p ordinary | CFD
| Long | 617 | 4.73001621 GBP |
10p ordinary | CFD
| Long | 13375 | 4.74983925233645 GBP |
10p ordinary | CFD
| Long | 2139 | 4.75028517999065 GBP |
10p ordinary | CFD
| Long | 2142 | 4.7171162464986 GBP |
10p ordinary | CFD
| Long | 2272 | 4.714 GBP |
10p ordinary | CFD
| Long | 1906 | 4.7145 GBP |
10p ordinary | CFD
| Long | 4960 | 4.71 GBP |
10p ordinary | CFD
| Long | 2297 | 4.72 GBP |
10p ordinary | CFD
| Long | 2952 | 4.712346 GBP |
10p ordinary | CFD
| Long | 2720 | 4.723246 GBP |
10p ordinary | CFD
| Long | 9840 | 4.749667 GBP |
10p ordinary | CFD
| Long | 2320 | 4.718 GBP |
10p ordinary | CFD
| Long | 2880 | 4.717384 GBP |
10p ordinary | CFD
| Long | 2384 | 4.708 GBP |
10p ordinary | CFD
| Long | 2320 | 4.731 GBP |
10p ordinary | CFD
| Long | 2982 | 4.75666784 GBP |
10p ordinary | CFD
| Long | 31978 | 4.71500 GBP |
10p ordinary | CFD
| Short | 12271 | 4.71065 GBP |
10p ordinary | CFD
| Short | 2147 | 4.74903 GBP |
10p ordinary | CFD
| Short | 301 | 4.77298006644518 GBP |
10p ordinary | CFD
| Short | 200 | 4.754075 GBP |
10p ordinary | CFD
| Short | 360 | 4.78240555 GBP |
10p ordinary | CFD
| Short | 38708 | 4.716099 GBP |
10p ordinary | CFD
| Short | 942 | 4.775 GBP |
10p ordinary | CFD
| Short | 413 | 4.7495 GBP |
10p ordinary | CFD
| Short | 312 | 4.709359 GBP |
10p ordinary | CFD
| Short | 300 | 4.735933 GBP |
10p ordinary | CFD
| Short | 566 | 4.768357 GBP |
10p ordinary | CFD
| Short | 658 | 4.72039513677812 GBP |
10p ordinary | CFD
| Short | 1046 | 4.717726 GBP |
10p ordinary | CFD
| Short | 6000 | 4.74266667 GBP |
10p ordinary | CFD
| Short | 13695 | 4.7365 GBP |
10p ordinary | CFD
| Short | 1112 | 4.71748201438849 GBP |
10p ordinary | CFD
| Short | 3729 | 4.715 GBP |
10p ordinary | CFD
| Short | 1082 | 4.77559242144177 GBP |
10p ordinary | CFD
| Short | 30284 | 4.75683793422269 GBP |
10p ordinary | CFD
| Short | 3616 | 4.74034015486726 GBP |
10p ordinary | CFD
| Short | 69965 | 4.784964 GBP |
10p ordinary | CFD
| Short | 284 | 4.776669 GBP |
10p ordinary | CFD
| Short | 11879 | 4.791 GBP |
10p ordinary | CFD
| Short | 1558 | 4.784 GBP |
10p ordinary | CFD
| Short | 2059 | 4.789 GBP |
10p ordinary | CFD
| Short | 515 | 4.797 GBP |
10p ordinary | CFD
| Short | 4746 | 4.786 GBP |
10p ordinary | CFD
| Short | 2486 | 4.7905 GBP |
10p ordinary | CFD
| Short | 649 | 4.792 GBP |
10p ordinary | CFD
| Short | 1296 | 4.801 GBP |
10p ordinary | CFD
| Short | 1299 | 4.798 GBP |
10p ordinary | CFD
| Short | 80 | 4.766 GBP |
10p ordinary | CFD
| Short | 734 | 4.7685 GBP |
10p ordinary | CFD
| Short | 341 | 4.774 GBP |
10p ordinary | CFD
| Short | 1568 | 4.763 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: | 19 March 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.