Form 8.5 (EPT/RI) - Barratt Developments plc

UBS AG (EPT)

16 February 2024

 

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:	15 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	2402666	4.77099        GBP	4.73500        GBP
10p ordinary	Sell	846428	4.77099        GBP	4.72550        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	7143	4.751061        GBP
10p ordinary	CFD	Long	275	4.747        GBP
10p ordinary	CFD	Long	41060	4.73832857        GBP
10p ordinary	CFD	Long	153	4.74367320261438        GBP
10p ordinary	CFD	Long	6275	4.750518        GBP
10p ordinary	CFD	Long	4190	4.750351        GBP
10p ordinary	CFD	Long	12581	4.755857        GBP
10p ordinary	CFD	Long	3	4.746667        GBP
10p ordinary	CFD	Long	1	4.7375        GBP
10p ordinary	CFD	Long	5049	4.756762        GBP
10p ordinary	CFD	Long	1544	4.744915        GBP
10p ordinary	CFD	Long	35397	4.755355        GBP
10p ordinary	CFD	Long	90968	4.757        GBP
10p ordinary	CFD	Long	209	4.75904306220096        GBP
10p ordinary	CFD	Long	1666	4.74118        GBP
10p ordinary	CFD	Long	8809	4.755339        GBP
10p ordinary	CFD	Long	16732	5.98321189        USD
10p ordinary	CFD	Long	2488	4.75578778135048        GBP
10p ordinary	CFD	Long	348	4.74365517241379        GBP
10p ordinary	CFD	Long	587	4.74865417376491        GBP
10p ordinary	CFD	Long	292	4.74400684931507        GBP
10p ordinary	CFD	Long	20572	4.74896947307019        GBP
10p ordinary	CFD	Long	22	4.74409090909091        GBP
10p ordinary	CFD	Long	15957	4.74507864886883        GBP
10p ordinary	CFD	Long	43	4.74883720930233        GBP
10p ordinary	CFD	Long	398	4.73        GBP
10p ordinary	CFD	Long	483	4.752        GBP
10p ordinary	CFD	Long	1578	4.735        GBP
10p ordinary	CFD	Long	500	4.725        GBP
10p ordinary	CFD	Short	17006	4.757364        GBP
10p ordinary	CFD	Short	929	4.748        GBP
10p ordinary	CFD	Short	3724	4.73881176154672        GBP
10p ordinary	CFD	Short	423	4.743306        GBP
10p ordinary	CFD	Short	9042	4.741543        GBP
10p ordinary	CFD	Short	22544	4.749747        GBP
10p ordinary	CFD	Short	17879	4.746679        GBP
10p ordinary	CFD	Short	48893	4.75795144499213        GBP
10p ordinary	CFD	Short	1	4.757        GBP
10p ordinary	CFD	Short	1	4.742        GBP
10p ordinary	CFD	Short	49	4.756327        GBP
10p ordinary	CFD	Short	17243	4.757238        GBP
10p ordinary	CFD	Short	208	4.75213382        GBP
10p ordinary	CFD	Short	3	4.762        GBP
10p ordinary	CFD	Short	1564	4.755637        GBP
10p ordinary	CFD	Short	1555	4.755516        GBP
10p ordinary	CFD	Short	3	4.74666666666667        GBP
10p ordinary	CFD	Short	1785	4.74827        GBP
10p ordinary	CFD	Short	50000	4.7617        GBP
10p ordinary	CFD	Short	5147	4.74865164173305        GBP
10p ordinary	CFD	Short	8448	4.73881167140152        GBP
10p ordinary	CFD	Short	13516	4.75594        GBP
10p ordinary	CFD	Short	1628288	4.76        GBP
10p ordinary	CFD	Short	695	4.745        GBP
10p ordinary	CFD	Short	2587	4.753419        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

(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)

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:	16 February 2024
Contact name:	Richard Howard
Telephone number:	[phone]

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 [e-mail]

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END