Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

21 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:	20 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	380508	4.81063        GBP	4.77337        GBP
10p ordinary	Sell	805606	4.80803        GBP	4.76605        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	9300	4.78291397849462        GBP
10p ordinary	CFD	Long	7086	4.787112        GBP
10p ordinary	CFD	Long	757	4.789        GBP
10p ordinary	CFD	Long	644	4.788065        GBP
10p ordinary	CFD	Long	1292	4.776        GBP
10p ordinary	CFD	Long	27223	4.799958        GBP
10p ordinary	CFD	Long	201600	4.766059        GBP
10p ordinary	CFD	Long	259200	4.77522        GBP
10p ordinary	CFD	Long	131	4.785592        GBP
10p ordinary	CFD	Long	60	4.777        GBP
10p ordinary	CFD	Long	2946	4.791501        GBP
10p ordinary	CFD	Long	1225	4.77834        GBP
10p ordinary	CFD	Long	4508	4.801835        GBP
10p ordinary	CFD	Long	60	4.773        GBP
10p ordinary	CFD	Long	674	4.785987        GBP
10p ordinary	CFD	Long	5	4.79        GBP
10p ordinary	CFD	Long	14	4.7985        GBP
10p ordinary	CFD	Long	1008	4.792727        GBP
10p ordinary	CFD	Long	1948	4.807762        GBP
10p ordinary	CFD	Long	684	4.807763        GBP
10p ordinary	CFD	Long	13266	4.786445        GBP
10p ordinary	CFD	Long	68582	4.808        GBP
10p ordinary	CFD	Long	3223	4.77730283        GBP
10p ordinary	CFD	Long	2639	4.798008        GBP
10p ordinary	CFD	Long	5355	4.784128        GBP
10p ordinary	CFD	Long	124	4.78137096774194        GBP
10p ordinary	CFD	Long	1322	4.7922        GBP
10p ordinary	CFD	Long	7991	4.78859091477913        GBP
10p ordinary	CFD	Long	3016	4.78379641909814        GBP
10p ordinary	CFD	Long	1407	4.779        GBP
10p ordinary	CFD	Short	3	4.779        GBP
10p ordinary	CFD	Short	764	4.78        GBP
10p ordinary	CFD	Short	7867	4.790098        GBP
10p ordinary	CFD	Short	1614	4.80871747211896        GBP
10p ordinary	CFD	Short	3413	4.78255        GBP
10p ordinary	CFD	Short	5	4.7777        GBP
10p ordinary	CFD	Short	14476	4.79651        GBP
10p ordinary	CFD	Short	15391	4.780279        GBP
10p ordinary	CFD	Short	2204	4.79753766        GBP
10p ordinary	CFD	Short	282	4.810638        GBP
10p ordinary	CFD	Short	1	4.803        GBP
10p ordinary	CFD	Short	2562	4.787626        GBP
10p ordinary	CFD	Short	3869	4.79987300270096        GBP
10p ordinary	CFD	Short	732	4.801863        GBP
10p ordinary	CFD	Short	742	4.801242        GBP
10p ordinary	CFD	Short	73014	4.808        GBP
10p ordinary	CFD	Short	1646	4.77337        GBP
10p ordinary	CFD	Short	2324	4.78344234079174        GBP
10p ordinary	CFD	Short	38158	4.80814152        GBP
10p ordinary	CFD	Short	16934	4.78342388094957        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:	21 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