Last checked at 24 Jun 2024 10:49
This announcement replaces the previous RNS announcement 3976T released at 9:59 on the 21st 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: | 20 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 |
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
| 451081 | 4.78047 GBP | 4.70000 GBP |
10p ordinary | Sell
| 980094 | 4.78047 GBP | 4.70127 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 | 86520 | 4.768 GBP |
10p ordinary | CFD
| Long | 16446 | 4.76045828916575 GBP |
10p ordinary | CFD
| Long | 817 | 4.77165069 GBP |
10p ordinary | CFD
| Long | 11325 | 4.76702000036556 GBP |
10p ordinary | CFD
| Long | 1041 | 4.76195965 GBP |
10p ordinary | CFD
| Long | 40353 | 4.75806 GBP |
10p ordinary | CFD
| Long | 6009 | 4.7679404 GBP |
10p ordinary | CFD
| Long | 144000 | 4.78001521 GBP |
10p ordinary | CFD
| Long | 80442 | 4.75724832798787 GBP |
10p ordinary | CFD
| Long | 3912 | 4.75430777 GBP |
10p ordinary | CFD
| Long | 1332 | 4.73993243 GBP |
10p ordinary | CFD
| Long | 3540 | 4.76778361471186 GBP |
10p ordinary | CFD
| Long | 165 | 4.70127273 GBP |
10p ordinary | CFD
| Long | 18581 | 4.76255941168183 GBP |
10p ordinary | CFD
| Long | 144900 | 4.76504679089027 GBP |
10p ordinary | CFD
| Long | 11090 | 4.767762 GBP |
10p ordinary | CFD
| Long | 1496 | 4.756799 GBP |
10p ordinary | CFD
| Long | 738 | 4.759 GBP |
10p ordinary | CFD
| Long | 10200 | 4.74687352941176 GBP |
10p ordinary | CFD
| Long | 449 | 4.765 GBP |
10p ordinary | CFD
| Long | 704 | 4.761558 GBP |
10p ordinary | CFD
| Long | 5753 | 4.76639875 GBP |
10p ordinary | CFD
| Long | 431 | 4.738 GBP |
10p ordinary | CFD
| Long | 15791 | 4.762934 GBP |
10p ordinary | CFD
| Long | 25530 | 4.76714759 GBP |
10p ordinary | CFD
| Long | 171 | 4.76783333333333 GBP |
10p ordinary | CFD
| Long | 2253 | 4.759471 GBP |
10p ordinary | CFD
| Long | 5067 | 4.76340734 GBP |
10p ordinary | CFD
| Long | 2662 | 4.76790500049962 GBP |
10p ordinary | CFD
| Long | 12519 | 4.76182530601566 GBP |
10p ordinary | CFD
| Short | 5149 | 4.76146 GBP |
10p ordinary | CFD
| Short | 251 | 4.763017 GBP |
10p ordinary | CFD
| Short | 1368 | 4.76649671 GBP |
10p ordinary | CFD
| Short | 400 | 4.74 GBP |
10p ordinary | CFD
| Short | 7885 | 4.768 GBP |
10p ordinary | CFD
| Short | 14202 | 4.7621 GBP |
10p ordinary | CFD
| Short | 9366 | 4.76316293157591 GBP |
10p ordinary | CFD
| Short | 171 | 4.76783333333333 GBP |
10p ordinary | CFD
| Short | 288 | 4.756498 GBP |
10p ordinary | CFD
| Short | 100 | 4.750000 GBP |
10p ordinary | CFD
| Short | 36466 | 4.75440578 GBP |
10p ordinary | CFD
| Short | 4072 | 4.76694941 GBP |
10p ordinary | CFD
| Short | 15578 | 4.754042 GBP |
10p ordinary | CFD
| Short | 421 | 4.76800013 GBP |
10p ordinary | CFD
| Short | 10577 | 4.76336550936844 GBP |
10p ordinary | CFD
| Short | 3402 | 4.76871546149324 GBP |
10p ordinary | CFD
| Short | 41023 | 4.76733755655486 GBP |
10p ordinary | CFD
| Short | 5300 | 4.76905094339623 GBP |
10p ordinary | CFD
| Short | 314 | 4.76776911 GBP |
10p ordinary | CFD
| Short | 2956 | 4.76308240037551 GBP |
10p ordinary | CFD
| Short | 4210 | 4.7 GBP |
10p ordinary | CFD
| Short | 50 | 4.76528 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: | 24 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.