Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

26 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:	23 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	588031	4.79265        GBP	4.75100        GBP
10p ordinary	Sell	1456980	4.81698 GBP	4.74225        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	9800	4.76869081632653        GBP
10p ordinary	CFD	Long	35100	4.785        GBP
10p ordinary	CFD	Long	605	4.79        GBP
10p ordinary	CFD	Long	2500	4.782        GBP
10p ordinary	CFD	Long	608	4.762        GBP
10p ordinary	CFD	Long	1242	4.754        GBP
10p ordinary	CFD	Long	144000	4.77100035        GBP
10p ordinary	CFD	Long	199080	4.784283        GBP
10p ordinary	CFD	Long	571925	4.77776        GBP
10p ordinary	CFD	Long	180000	4.74225        GBP
10p ordinary	CFD	Long	8211	4.784852        GBP
10p ordinary	CFD	Long	18899	4.784455        GBP
10p ordinary	CFD	Long	9493	4.781483        GBP
10p ordinary	CFD	Long	2	4.7795        GBP
10p ordinary	CFD	Long	1874	4.78476        GBP
10p ordinary	CFD	Long	12072	4.782839        GBP
10p ordinary	CFD	Long	566	4.774071        GBP
10p ordinary	CFD	Long	2840	4.78494019        GBP
10p ordinary	CFD	Long	754	4.769147        GBP
10p ordinary	CFD	Long	70	4.79742857        GBP
10p ordinary	CFD	Long	7951	4.780165        GBP
10p ordinary	CFD	Long	178	4.777815        GBP
10p ordinary	CFD	Long	8377	4.78392623        GBP
10p ordinary	CFD	Long	4613	4.78913071753739        GBP
10p ordinary	CFD	Long	1326	4.76665912518854        GBP
10p ordinary	CFD	Long	27237	4.785991        GBP
10p ordinary	CFD	Short	51720	4.78522343        GBP
10p ordinary	CFD	Short	39100	4.7724010230179        GBP
10p ordinary	CFD	Short	14357	4.778044        GBP
10p ordinary	CFD	Short	2560	4.79        GBP
10p ordinary	CFD	Short	2560	4.761        GBP
10p ordinary	CFD	Short	1656	4.78        GBP
10p ordinary	CFD	Short	1912	4.783        GBP
10p ordinary	CFD	Short	959	4.781        GBP
10p ordinary	CFD	Short	1650	4.780394        GBP
10p ordinary	CFD	Short	1912	4.784        GBP
10p ordinary	CFD	Short	6621	4.7844        GBP
10p ordinary	CFD	Short	654	4.79265137614679        GBP
10p ordinary	CFD	Short	25794	4.778714        GBP
10p ordinary	CFD	Short	10178	4.780973        GBP
10p ordinary	CFD	Short	3653	4.778178        GBP
10p ordinary	CFD	Short	127	4.786        GBP
10p ordinary	CFD	Short	3	4.773333        GBP
10p ordinary	CFD	Short	20	4.7878        GBP
10p ordinary	CFD	Short	319	4.780251        GBP
10p ordinary	CFD	Short	13955	4.78156179        GBP
10p ordinary	CFD	Short	6288	4.77604008        GBP
10p ordinary	CFD	Short	1795	4.78035655        GBP
10p ordinary	CFD	Short	921	4.75819        GBP
10p ordinary	CFD	Short	3159	4.785002        GBP
10p ordinary	CFD	Short	13068	4.785        GBP
10p ordinary	CFD	Short	5293	4.790591        GBP
10p ordinary	CFD	Short	50000	4.786436        GBP
10p ordinary	CFD	Short	3447	4.77588917899623        GBP
10p ordinary	CFD	Short	27430	4.78565        GBP
10p ordinary	CFD	Short	1491	4.79266197183099        GBP
10p ordinary	CFD	Short	69	4.7762        GBP
10p ordinary	CFD	Short	53762	4.7807575        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:	26 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