Last checked at 28 Jun 2024 12:31
This announcement replaces the previous RNS announcement 1913U released at 12:20 on the 27th June 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: | 26 June 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
| 1901761 | 4.774682 GBP | 4.687001 GBP |
10p ordinary | Sell
| 1419016 | 4.771925 GBP | 4.687001 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 | 1868 | 4.75164347 GBP |
10p ordinary | CFD
| Long | 1417 | 4.71330462 GBP |
10p ordinary | CFD
| Long | 2270 | 4.71719824 GBP |
10p ordinary | CFD
| Long | 4918 | 4.73083513 GBP |
10p ordinary | CFD
| Long | 1439 | 4.758909 GBP |
10p ordinary | CFD
| Long | 5900 | 4.71531694915254 GBP |
10p ordinary | CFD
| Long | 11920 | 4.7230445983 GBP |
10p ordinary | CFD
| Long | 10230 | 4.71711682 GBP |
10p ordinary | CFD
| Long | 31 | 4.737 GBP |
10p ordinary | CFD
| Long | 483188 | 4.75167406889244 GBP |
10p ordinary | CFD
| Long | 110031 | 4.720041 GBP |
10p ordinary | CFD
| Long | 173162 | 4.74007755743177 GBP |
10p ordinary | CFD
| Long | 1477 | 4.72545485 GBP |
10p ordinary | CFD
| Long | 7113 | 4.71213984 GBP |
10p ordinary | CFD
| Long | 55920 | 4.77064556509299 GBP |
10p ordinary | CFD
| Long | 27858 | 4.7217778 GBP |
10p ordinary | CFD
| Long | 285 | 4.718316 GBP |
10p ordinary | CFD
| Long | 264 | 4.73025947083333 GBP |
10p ordinary | CFD
| Long | 8645 | 4.7174115067727 GBP |
10p ordinary | CFD
| Long | 3345 | 4.71672832 GBP |
10p ordinary | CFD
| Long | 10635 | 4.70521739751951 GBP |
10p ordinary | CFD
| Long | 800 | 4.7756625 GBP |
10p ordinary | CFD
| Long | 1201 | 4.72365985819317 GBP |
10p ordinary | CFD
| Long | 4014 | 4.70802105 GBP |
10p ordinary | CFD
| Long | 3460 | 4.709634 GBP |
10p ordinary | CFD
| Long | 20017 | 4.718 GBP |
10p ordinary | CFD
| Long | 10863 | 4.7252830694357 GBP |
10p ordinary | CFD
| Long | 7856 | 4.72144933515911 GBP |
10p ordinary | CFD
| Long | 830 | 4.717 GBP |
10p ordinary | CFD
| Long | 26 | 4.7175 GBP |
10p ordinary | CFD
| Long | 1216 | 4.716958 GBP |
10p ordinary | CFD
| Long | 2248 | 4.76605872 GBP |
10p ordinary | CFD
| Long | 1610 | 4.71723602349068 GBP |
10p ordinary | CFD
| Long | 3308 | 4.71112159279323 GBP |
10p ordinary | CFD
| Long | 2678 | 4.70515347 GBP |
10p ordinary | CFD
| Short | 15970 | 4.718236 GBP |
10p ordinary | CFD
| Short | 2193 | 4.7435 GBP |
10p ordinary | CFD
| Short | 9422 | 4.71512545343027 GBP |
10p ordinary | CFD
| Short | 43461 | 4.718 GBP |
10p ordinary | CFD
| Short | 26087 | 4.70746305 GBP |
10p ordinary | CFD
| Short | 694 | 4.7625 GBP |
10p ordinary | CFD
| Short | 195311 | 4.707986 GBP |
10p ordinary | CFD
| Short | 8765 | 4.71755721 GBP |
10p ordinary | CFD
| Short | 361 | 4.727 GBP |
10p ordinary | CFD
| Short | 465 | 4.70852258270968 GBP |
10p ordinary | CFD
| Short | 216000 | 4.744512 GBP |
10p ordinary | CFD
| Short | 70 | 4.722514 GBP |
10p ordinary | CFD
| Short | 802 | 4.71235037406484 GBP |
10p ordinary | CFD
| Short | 72679 | 4.71844159673633 GBP |
10p ordinary | CFD
| Short | 496800 | 4.7183 GBP |
10p ordinary | CFD
| Short | 165062 | 4.762856 GBP |
10p ordinary | CFD
| Short | 360000 | 4.7688 GBP |
10p ordinary | CFD
| Short | 183 | 4.767 GBP |
10p ordinary | CFD
| Short | 442 | 4.70190158 GBP |
10p ordinary | CFD
| Short | 45975 | 4.722099 GBP |
10p ordinary | CFD
| Short | 1715 | 4.774683 GBP |
10p ordinary | CFD
| Short | 4335 | 4.731552 GBP |
10p ordinary | CFD
| Short | 159975 | 4.71267089 GBP |
10p ordinary | CFD
| Short | 26 | 4.7175 GBP |
10p ordinary | CFD
| Short | 171 | 4.722439 GBP |
10p ordinary | CFD
| Short | 8237 | 4.7513996619121 GBP |
10p ordinary | CFD
| Short | 694 | 4.763 GBP |
10p ordinary | CFD
| Short | 172465 | 4.74451199 GBP |
10p ordinary | CFD
| Short | 43535 | 4.744512 GBP |
10p ordinary | CFD
| Short | 165062 | 4.76285602 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: | 28 June 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.