Last checked at 8 Feb 2024 11:09
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: | 07 February 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
| 7123162 | 5.22700 GBP | 4.82300 GBP |
10p ordinary | Sell
| 3646378 | 5.22700 GBP | 4.82300 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 | 391416 | 4.99780385 GBP |
10p ordinary | CFD
| Long | 188325 | 5.01643053 GBP |
10p ordinary | CFD
| Long | 135360 | 5.025486 GBP |
10p ordinary | CFD
| Long | 75000 | 5.004524 GBP |
10p ordinary | CFD
| Long | 1299 | 4.923302 GBP |
10p ordinary | CFD
| Long | 5181 | 4.892689 GBP |
10p ordinary | CFD
| Long | 17706 | 4.99369 GBP |
10p ordinary | CFD
| Long | 893 | 4.934549 GBP |
10p ordinary | CFD
| Long | 917 | 4.877082 GBP |
10p ordinary | CFD
| Long | 880 | 5.029925 GBP |
10p ordinary | CFD
| Long | 11 | 5.158182 GBP |
10p ordinary | CFD
| Long | 67632 | 5.00975 GBP |
10p ordinary | CFD
| Long | 5135 | 5.009749 GBP |
10p ordinary | CFD
| Long | 312 | 5.000205 GBP |
10p ordinary | CFD
| Long | 148181 | 5.0018 GBP |
10p ordinary | CFD
| Long | 280749 | 5.0404 GBP |
10p ordinary | CFD
| Long | 44845 | 4.99154400440004 GBP |
10p ordinary | CFD
| Long | 154 | 4.973666 GBP |
10p ordinary | CFD
| Long | 188 | 4.967766 GBP |
10p ordinary | CFD
| Long | 9755 | 4.87834695 GBP |
10p ordinary | CFD
| Long | 10543 | 4.96402731670303 GBP |
10p ordinary | CFD
| Long | 11870 | 4.940693 GBP |
10p ordinary | CFD
| Long | 11302 | 4.930646 GBP |
10p ordinary | CFD
| Long | 2000 | 5.0140002 GBP |
10p ordinary | CFD
| Long | 48176 | 5.03243683 GBP |
10p ordinary | CFD
| Long | 3194 | 4.9607 GBP |
10p ordinary | CFD
| Long | 2372 | 5.005395 GBP |
10p ordinary | CFD
| Long | 4057 | 4.91885876263249 GBP |
10p ordinary | CFD
| Long | 922 | 5.01 GBP |
10p ordinary | CFD
| Long | 1182 | 4.9995 GBP |
10p ordinary | CFD
| Long | 400 | 4.999 GBP |
10p ordinary | CFD
| Long | 1520 | 5.002 GBP |
10p ordinary | CFD
| Long | 176 | 4.997 GBP |
10p ordinary | CFD
| Long | 33220 | 5.05671 GBP |
10p ordinary | CFD
| Long | 1360 | 5.016 GBP |
10p ordinary | CFD
| Long | 1682 | 4.998 GBP |
10p ordinary | CFD
| Long | 2583 | 5.15 GBP |
10p ordinary | CFD
| Long | 202 | 4.881 GBP |
10p ordinary | CFD
| Long | 100 | 4.879 GBP |
10p ordinary | CFD
| Long | 697 | 4.869 GBP |
10p ordinary | CFD
| Long | 703 | 4.943 GBP |
10p ordinary | CFD
| Long | 144 | 4.944 GBP |
10p ordinary | CFD
| Long | 37766 | 4.93325736 GBP |
10p ordinary | CFD
| Long | 329717 | 4.98392108990437 GBP |
10p ordinary | CFD
| Long | 55585 | 4.92983790590987 GBP |
10p ordinary | CFD
| Long | 2967 | 4.91359622514324 GBP |
10p ordinary | CFD
| Long | 754 | 4.89220159151194 GBP |
10p ordinary | CFD
| Long | 46 | 4.90608695652174 GBP |
10p ordinary | CFD
| Short | 81776 | 4.92032 GBP |
10p ordinary | CFD
| Short | 48244 | 4.941418 GBP |
10p ordinary | CFD
| Short | 3185 | 4.939895 GBP |
10p ordinary | CFD
| Short | 14752 | 4.95675 GBP |
10p ordinary | CFD
| Short | 58566 | 4.989627 GBP |
10p ordinary | CFD
| Short | 1 | 4.862 GBP |
10p ordinary | CFD
| Short | 34240 | 4.993148 GBP |
10p ordinary | CFD
| Short | 92573 | 5.010132 GBP |
10p ordinary | CFD
| Short | 15263 | 4.992889 GBP |
10p ordinary | CFD
| Short | 213784 | 4.958782 GBP |
10p ordinary | CFD
| Short | 26811 | 5.01 GBP |
10p ordinary | CFD
| Short | 99518 | 5.009584 GBP |
10p ordinary | CFD
| Short | 2000 | 4.873529941 GBP |
10p ordinary | CFD
| Short | 88908 | 4.94736821 GBP |
10p ordinary | CFD
| Short | 17861 | 5.11377907172051 GBP |
10p ordinary | CFD
| Short | 888 | 4.97527 GBP |
10p ordinary | CFD
| Short | 67269 | 4.94380962999301 GBP |
10p ordinary | CFD
| Short | 6305 | 4.909454 GBP |
10p ordinary | CFD
| Short | 338610 | 5.00533839 GBP |
10p ordinary | CFD
| Short | 1112934 | 5.04493794 GBP |
10p ordinary | CFD
| Short | 618 | 4.9315 GBP |
10p ordinary | CFD
| Short | 1422 | 4.959 GBP |
10p ordinary | CFD
| Short | 2853 | 5.00138 GBP |
10p ordinary | CFD
| Short | 494 | 5.012 GBP |
10p ordinary | CFD
| Short | 383385 | 4.983325 GBP |
10p ordinary | CFD
| Short | 998 | 5.01000023 GBP |
10p ordinary | CFD
| Short | 15847 | 5.0 GBP |
10p ordinary | CFD
| Short | 3447 | 5.028 GBP |
10p ordinary | CFD
| Short | 1414 | 5.018 GBP |
10p ordinary | CFD
| Short | 9702 | 4.972 GBP |
10p ordinary | CFD
| Short | 1826 | 5.024 GBP |
10p ordinary | CFD
| Short | 2200 | 5.004 GBP |
10p ordinary | CFD
| Short | 585 | 4.947 GBP |
10p ordinary | CFD
| Short | 394 | 4.933 GBP |
10p ordinary | CFD
| Short | 4029 | 4.955 GBP |
10p ordinary | CFD
| Short | 7477 | 4.956 GBP |
10p ordinary | CFD
| Short | 2500 | 4.959979 GBP |
10p ordinary | CFD
| Short | 3336 | 4.951 GBP |
10p ordinary | CFD
| Short | 3049 | 4.931 GBP |
10p ordinary | CFD
| Short | 1282 | 4.9305 GBP |
10p ordinary | CFD
| Short | 681 | 4.95 GBP |
10p ordinary | CFD
| Short | 2400 | 4.949 GBP |
10p ordinary | CFD
| Short | 11202 | 4.94 GBP |
10p ordinary | CFD
| Short | 2004 | 4.969 GBP |
10p ordinary | CFD
| Short | 1833 | 4.958 GBP |
10p ordinary | CFD
| Short | 1128 | 4.952569 GBP |
10p ordinary | CFD
| Short | 596 | 4.935884 GBP |
10p ordinary | CFD
| Short | 3731 | 4.904 GBP |
10p ordinary | CFD
| Short | 756 | 4.919 GBP |
10p ordinary | CFD
| Short | 2004 | 4.975 GBP |
10p ordinary | CFD
| Short | 755 | 4.875 GBP |
10p ordinary | CFD
| Short | 8005 | 4.953 GBP |
10p ordinary | CFD
| Short | 1701 | 4.903 GBP |
10p ordinary | CFD
| Short | 1847 | 4.899 GBP |
10p ordinary | CFD
| Short | 750 | 4.893 GBP |
10p ordinary | CFD
| Short | 879 | 4.901 GBP |
10p ordinary | CFD
| Short | 1724 | 4.907 GBP |
10p ordinary | CFD
| Short | 3645 | 4.902 GBP |
10p ordinary | CFD
| Short | 790 | 4.911 GBP |
10p ordinary | CFD
| Short | 750 | 4.912708 GBP |
10p ordinary | CFD
| Short | 940 | 4.92 GBP |
10p ordinary | CFD
| Short | 1286 | 4.929 GBP |
10p ordinary | CFD
| Short | 1847 | 4.93 GBP |
10p ordinary | CFD
| Short | 790 | 4.936 GBP |
10p ordinary | CFD
| Short | 11940 | 5.02 GBP |
10p ordinary | CFD
| Short | 55585 | 4.98523000809571 GBP |
10p ordinary | CFD
| Short | 27784 | 5.00673157212784 GBP |
10p ordinary | CFD
| Short | 2492 | 4.9276 GBP |
10p ordinary | CFD
| Short | 60000 | 4.943 GBP |
10p ordinary | CFD
| Short | 500000 | 4.88230588 GBP |
10p ordinary | CFD
| Short | 470117 | 4.92217349 GBP |
10p ordinary | CFD
| Short | 618880 | 4.965894 GBP |
10p ordinary | CFD
| Short | 582735 | 4.954264 GBP |
10p ordinary | CFD
| Short | 7875 | 5.11376850793651 GBP |
10p ordinary | CFD
| Short | 25000 | 4.870882 GBP |
10p ordinary | CFD
| Short | 50000 | 4.910578 GBP |
10p ordinary | CFD
| Short | 143695 | 4.909453 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: | 08 February 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.