Last checked at 
2 Aug 2024 14:45
AMENDMENT(2(a), 2(b))
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: | 31 July 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 | SALES | 1,289,428 | 5.3635 GBP | 5.2660 GBP |
10p ordinary | PURCHASES | 1,471,456 | 5.3820 GBP | 5.2655 GBP |
10p ordinary | PURCHASES | 7,845 | 6.8236 USD | 6.8236 USD |
(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 | 1,113 | 5.2660 GBP |
10p ordinary | CFD | increasing a long position | 766 | 5.2660 GBP |
10p ordinary | CFD | increasing a long position | 17,218 | 5.2660 GBP |
10p ordinary | CFD | increasing a long position | 75 | 5.2697 GBP |
10p ordinary | CFD | increasing a long position | 3,484 | 5.2718 GBP |
10p ordinary | CFD | increasing a long position | 20,392 | 5.3274 GBP |
10p ordinary | CFD | increasing a long position | 720 | 5.3364 GBP |
10p ordinary | CFD | increasing a long position | 840 | 5.3675 GBP |
10p ordinary | CFD | increasing a short position | 3,287 | 5.2660 GBP |
10p ordinary | CFD | increasing a short position | 6 | 5.2660 GBP |
10p ordinary | CFD | increasing a short position | 128 | 5.2660 GBP |
10p ordinary | CFD | increasing a short position | 1,270 | 5.2664 GBP |
10p ordinary | CFD | increasing a short position | 14,410 | 5.2664 GBP |
10p ordinary | CFD | increasing a short position | 5,541 | 5.2690 GBP |
10p ordinary | CFD | increasing a short position | 9,616 | 5.2790 GBP |
10p ordinary | CFD | increasing a short position | 170 | 5.2817 GBP |
10p ordinary | CFD | increasing a short position | 1,095 | 5.2832 GBP |
10p ordinary | CFD | increasing a short position | 10,294 | 5.2832 GBP |
10p ordinary | CFD | increasing a short position | 179,400 | 5.2908 GBP |
10p ordinary | CFD | increasing a short position | 24,890 | 5.2921 GBP |
10p ordinary | CFD | increasing a short position | 15,452 | 5.2986 GBP |
10p ordinary | CFD | increasing a short position | 1,006 | 5.3106 GBP |
10p ordinary | CFD | increasing a short position | 66,066 | 5.3111 GBP |
10p ordinary | CFD | increasing a short position | 17,178 | 5.3167 GBP |
10p ordinary | CFD | increasing a short position | 3,391 | 5.3194 GBP |
10p ordinary | CFD | increasing a short position | 7,012 | 5.3194 GBP |
10p ordinary | CFD | increasing a short position | 13,393 | 5.3271 GBP |
10p ordinary | CFD | increasing a short position | 2,107 | 5.3522 GBP |
10p ordinary | CFD | reducing a long position | 17,936 | 5.2660 GBP |
10p ordinary | CFD | reducing a long position | 10,438 | 5.2660 GBP |
10p ordinary | CFD | reducing a long position | 270 | 5.2660 GBP |
10p ordinary | CFD | reducing a long position | 9,831 | 5.2815 GBP |
10p ordinary | CFD | reducing a long position | 37,819 | 5.2863 GBP |
10p ordinary | CFD | reducing a long position | 380 | 5.3060 GBP |
10p ordinary | CFD | reducing a long position | 7,845 | 5.3160 GBP |
10p ordinary | CFD | reducing a long position | 40,742 | 5.3167 GBP |
10p ordinary | CFD | reducing a long position | 1,203 | 5.3351 GBP |
10p ordinary | CFD | reducing a long position | 2 | 5.3371 GBP |
10p ordinary | CFD | reducing a long position | 12,634 | 5.3462 GBP |
10p ordinary | CFD | reducing a short position | 496 | 5.2660 GBP |
10p ordinary | CFD | reducing a short position | 19 | 5.2660 GBP |
10p ordinary | CFD | reducing a short position | 81,326 | 5.2660 GBP |
10p ordinary | CFD | reducing a short position | 1,290 | 5.2688 GBP |
10p ordinary | CFD | reducing a short position | 16,706 | 5.2736 GBP |
10p ordinary | CFD | reducing a short position | 93 | 5.2839 GBP |
10p ordinary | CFD | reducing a short position | 27 | 5.2953 GBP |
10p ordinary | CFD | reducing a short position | 1,757 | 5.2981 GBP |
10p ordinary | CFD | reducing a short position | 10,231 | 5.3005 GBP |
10p ordinary | CFD | reducing a short position | 1,006 | 5.3038 GBP |
10p ordinary | CFD | reducing a short position | 9,616 | 5.3132 GBP |
10p ordinary | CFD | reducing a short position | 17,178 | 5.3274 GBP |
10p ordinary | CFD | reducing a short position | 3,062 | 5.3325 GBP |
10p ordinary | CFD | reducing a short position | 11,603 | 5.3334 GBP |
10p ordinary | CFD | reducing a short position | 4,199 | 5.3397 GBP |
10p ordinary | CFD | reducing a short position | 1,039 | 5.3635 GBP |
10p ordinary | CFD | reducing a short position | 2,149 | 5.3635 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: | 02 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.
