Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

23 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:	22 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	1310426	4.81825        GBP	4.76278        GBP
10p ordinary	Sell	1450217	4.78925        GBP	4.75500        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	19318	4.778501        GBP
10p ordinary	CFD	Long	136466	4.78        GBP
10p ordinary	CFD	Long	1231	4.769191        GBP
10p ordinary	CFD	Long	1734	4.780452        GBP
10p ordinary	CFD	Long	1243	4.77904263877715        GBP
10p ordinary	CFD	Long	72000	4.774217        GBP
10p ordinary	CFD	Long	512395	4.77784        GBP
10p ordinary	CFD	Long	2	4.755        GBP
10p ordinary	CFD	Long	1	4.7775        GBP
10p ordinary	CFD	Long	3897	4.780516        GBP
10p ordinary	CFD	Long	2194	4.779763        GBP
10p ordinary	CFD	Long	13235	4.780127        GBP
10p ordinary	CFD	Long	8067	4.78220652        GBP
10p ordinary	CFD	Long	4270	4.77994025        GBP
10p ordinary	CFD	Long	350190	4.780237        GBP
10p ordinary	CFD	Long	573	4.778067        GBP
10p ordinary	CFD	Long	562	4.77948        GBP
10p ordinary	CFD	Long	2152	4.78037175        GBP
10p ordinary	CFD	Long	2625	4.7778819047619        GBP
10p ordinary	CFD	Long	15358	4.77885727308243        GBP
10p ordinary	CFD	Long	1583	4.77766266582438        GBP
10p ordinary	CFD	Long	259	4.78648648648649        GBP
10p ordinary	CFD	Long	6470	4.78053        GBP
10p ordinary	CFD	Long	1000	4.779        GBP
10p ordinary	CFD	Long	24579	4.776347        GBP
10p ordinary	CFD	Short	5922	4.779883        GBP
10p ordinary	CFD	Short	33967	4.780017        GBP
10p ordinary	CFD	Short	9038	4.779624        GBP
10p ordinary	CFD	Short	750839	4.78        GBP
10p ordinary	CFD	Short	7	4.808143        GBP
10p ordinary	CFD	Short	1180	4.772588        GBP
10p ordinary	CFD	Short	21666	4.780239        GBP
10p ordinary	CFD	Short	360	4.81825        GBP
10p ordinary	CFD	Short	53473	4.780145        GBP
10p ordinary	CFD	Short	5064	4.7803        GBP
10p ordinary	CFD	Short	2299	4.78059417137886        GBP
10p ordinary	CFD	Short	73235	4.779783        GBP
10p ordinary	CFD	Short	110	4.7825        GBP
10p ordinary	CFD	Short	5163	4.7789        GBP
10p ordinary	CFD	Short	7908	4.77879109762266        GBP
10p ordinary	CFD	Short	10292	4.779171        GBP
10p ordinary	CFD	Short	5240	4.78059694656489        GBP
10p ordinary	CFD	Short	8471	4.780149        GBP
10p ordinary	CFD	Short	34700	4.77851556195965        GBP
10p ordinary	CFD	Short	1051	4.780939        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:	23 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