Last checked at 27 Jun 2024 12:23
This announcement replaces the previous RNS announcement 9912T released at 11:39 on the 26th 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: | 25 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
| 596,654 | 4.749 GBP | 4.703 GBP |
10p ordinary | Sell
| 868762 | 4. 750 GBP | 4.703 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 | 17000 | 4.7261 GBP |
10p ordinary | CFD
| Long | 985 | 4.718569 GBP |
10p ordinary | CFD
| Long | 4995 | 4.749 GBP |
10p ordinary | CFD
| Long | 2466 | 4.727382 GBP |
10p ordinary | CFD
| Long | 12210 | 4.73622137225635 GBP |
10p ordinary | CFD
| Long | 105 | 4.72300952 GBP |
10p ordinary | CFD
| Long | 71402 | 4.730342 GBP |
10p ordinary | CFD
| Long | 70610 | 4.746 GBP |
10p ordinary | CFD
| Long | 7746 | 4.733412 GBP |
10p ordinary | CFD
| Long | 75000 | 4.73807813333333 GBP |
10p ordinary | CFD
| Long | 6218 | 4.73204108 GBP |
10p ordinary | CFD
| Long | 25105 | 4.72731391 GBP |
10p ordinary | CFD
| Long | 1261 | 4.71125574956384 GBP |
10p ordinary | CFD
| Long | 61468 | 4.74530506 GBP |
10p ordinary | CFD
| Long | 79472 | 4.73511299 GBP |
10p ordinary | CFD
| Long | 155 | 4.715543 GBP |
10p ordinary | CFD
| Long | 2122 | 4.73438812 GBP |
10p ordinary | CFD
| Long | 26219 | 4.73450835309432 GBP |
10p ordinary | CFD
| Long | 9050 | 4.729035 GBP |
10p ordinary | CFD
| Long | 7340 | 4.715808 GBP |
10p ordinary | CFD
| Long | 14277 | 4.72599047 GBP |
10p ordinary | CFD
| Long | 24731 | 4.72702571756419 GBP |
10p ordinary | CFD
| Long | 4457 | 4.73815 GBP |
10p ordinary | CFD
| Long | 5774 | 4.72818081 GBP |
10p ordinary | CFD
| Long | 2380 | 4.716409 GBP |
10p ordinary | CFD
| Long | 8055 | 4.74593073 GBP |
10p ordinary | CFD
| Long | 2104 | 4.72943 GBP |
10p ordinary | CFD
| Long | 4888 | 4.72492717102905 GBP |
10p ordinary | CFD
| Long | 3 | 4.717 GBP |
10p ordinary | CFD
| Long | 1470 | 4.71026565 GBP |
10p ordinary | CFD
| Long | 4652 | 4.71545430911436 GBP |
10p ordinary | CFD
| Long | 12643 | 4.73455414147987 GBP |
10p ordinary | CFD
| Long | 4216 | 4.715982 GBP |
10p ordinary | CFD
| Long | 160765 | 4.73995185519236 GBP |
10p ordinary | CFD
| Long | 330 | 4.742 GBP |
10p ordinary | CFD
| Long | 921 | 4.73 GBP |
10p ordinary | CFD
| Long | 15105 | 4.73290088 GBP |
10p ordinary | CFD
| Long | 2 | 4.7175 GBP |
10p ordinary | CFD
| Long | 2266 | 4.72790109 GBP |
10p ordinary | CFD
| Short | 102978 | 4.731336 GBP |
10p ordinary | CFD
| Short | 2370 | 4.72079346 GBP |
10p ordinary | CFD
| Short | 60042 | 4.71777084 GBP |
10p ordinary | CFD
| Short | 99 | 4.72117676969697 GBP |
10p ordinary | CFD
| Short | 1379 | 4.7464496 GBP |
10p ordinary | CFD
| Short | 386 | 4.72195855 GBP |
10p ordinary | CFD
| Short | 643 | 4.739 GBP |
10p ordinary | CFD
| Short | 100670 | 4.744401 GBP |
10p ordinary | CFD
| Short | 205 | 4.74 GBP |
10p ordinary | CFD
| Short | 2158 | 4.72672428 GBP |
10p ordinary | CFD
| Short | 427 | 4.750234 GBP |
10p ordinary | CFD
| Short | 885 | 4.746237 GBP |
10p ordinary | CFD
| Short | 216000 | 4.744512 GBP |
10p ordinary | CFD
| Short | 116734 | 4.74350001 GBP |
10p ordinary | CFD
| Short | 2147 | 4.71810014 GBP |
10p ordinary | CFD
| Short | 4202 | 4.7364 GBP |
10p ordinary | CFD
| Short | 7183 | 4.732886 GBP |
10p ordinary | CFD
| Short | 116 | 4.74129 GBP |
10p ordinary | CFD
| Short | 59485 | 4.746 GBP |
10p ordinary | CFD
| Short | 3594 | 4.72846229642738 GBP |
10p ordinary | CFD
| Short | 7800 | 4.73829743589744 GBP |
10p ordinary | CFD
| Short | 944 | 4.733178 GBP |
10p ordinary | CFD
| Short | 2069 | 4.72831521922185 GBP |
10p ordinary | CFD
| Short | 210 | 4.73518333333333 GBP |
10p ordinary | CFD
| Short | 7551 | 4.746238 GBP |
10p ordinary | CFD
| Short | 47 | 4.74155319 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 |
10p ordinary | Call | Purchasing | 12169 | 5.463 GBP | European | 23 July 2024 | 0.0237 GBP |
10p ordinary | Call | Purchasing | 12169 | 5.463 GBP | European | 23 July 2024 | 0.0237 GBP |
10p ordinary | Call | Selling | 12169 | 5.463 GBP | European | 23 July 2024 | 0.0237 GBP |
(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: | 27 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.