Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)
27 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:

            26 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

 

1901361

4.79899        GBP

4.67423        GBP

10p ordinary

Sell

 

1047135

4.79698        GBP

4.67400        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

873

4.715        GBP

10p ordinary

CFD

 

Long

4

4.7395        GBP

10p ordinary

CFD

 

Long

19274

4.746381        GBP

10p ordinary

CFD

 

Long

3281

4.778691        GBP

10p ordinary

CFD

 

Long

98654

4.782301        GBP

10p ordinary

CFD

 

Long

8610

4.770982        GBP

10p ordinary

CFD

 

Long

4302

4.75682241        GBP

10p ordinary

CFD

 

Long

68400

4.78433582        GBP

10p ordinary

CFD

 

Long

112480

4.7068        GBP

10p ordinary

CFD

 

Long

63344

4.773        GBP

10p ordinary

CFD

 

Long

5031

4.774132        GBP

10p ordinary

CFD

 

Long

2574

4.75843045843046        GBP

10p ordinary

CFD

 

Long

111093

4.7316        GBP

10p ordinary

CFD

 

Long

6558

4.783963        GBP

10p ordinary

CFD

 

Long

16795

4.772762        GBP

10p ordinary

CFD

 

Long

17588

4.743122        GBP

10p ordinary

CFD

 

Long

3569

4.772763        GBP

10p ordinary

CFD

 

Long

15442

4.772819        GBP

10p ordinary

CFD

 

Long

14400

4.77522        GBP

10p ordinary

CFD

 

Long

12

4.7075        GBP

10p ordinary

CFD

 

Long

2606

4.783084        GBP

10p ordinary

CFD

 

Long

40823

4.7588158636063        GBP

10p ordinary

CFD

 

Long

3241

4.772761        GBP

10p ordinary

CFD

 

Long

347

4.72792507        GBP

10p ordinary

CFD

 

Long

10869

4.755175        GBP

10p ordinary

CFD

 

Long

34135

4.787152        GBP

10p ordinary

CFD

 

Long

138

4.779        GBP

10p ordinary

CFD

 

Long

3296

4.749894        GBP

10p ordinary

CFD

 

Long

3744

4.775219        GBP

10p ordinary

CFD

 

Long

58873

4.748061        GBP

10p ordinary

CFD

 

Long

10585

4.781343        GBP

10p ordinary

CFD

 

Long

9668

4.75636636326024        GBP

10p ordinary

CFD

 

Long

179

4.7475        GBP

10p ordinary

CFD

 

Long

2500

4.674        GBP

10p ordinary

CFD

 

Long

12218

4.730997        GBP

10p ordinary

CFD

 

Long

5085

4.770911        GBP

10p ordinary

CFD

 

Short

16157

4.7687        GBP

10p ordinary

CFD

 

Short

3279

4.74436597        GBP

10p ordinary

CFD

 

Short

7360

4.795        GBP

10p ordinary

CFD

 

Short

18108

4.790752        GBP

10p ordinary

CFD

 

Short

20

4.7775        GBP

10p ordinary

CFD

 

Short

54534

4.79359        GBP

10p ordinary

CFD

 

Short

362

4.77120165745856        GBP

10p ordinary

CFD

 

Short

4

4.7475        GBP

10p ordinary

CFD

 

Short

70

4.77371428571429        GBP

10p ordinary

CFD

 

Short

80249

4.773        GBP

10p ordinary

CFD

 

Short

4698

4.770885        GBP

10p ordinary

CFD

 

Short

9821

4.767305        GBP

10p ordinary

CFD

 

Short

6503

4.769281        GBP

10p ordinary

CFD

 

Short

2309

4.77917280207882        GBP

10p ordinary

CFD

 

Short

7917

4.768        GBP

10p ordinary

CFD

 

Short

48054

4.773201        GBP

10p ordinary

CFD

 

Short

5664

4.67435205        GBP

10p ordinary

CFD

 

Short

3464

4.780239        GBP

10p ordinary

CFD

 

Short

32542

4.774777        GBP

10p ordinary

CFD

 

Short

6704

4.755835        GBP

10p ordinary

CFD

 

Short

114

4.779        GBP

10p ordinary

CFD

 

Short

9

4.732        GBP

10p ordinary

CFD

 

Short

941

4.775275        GBP

10p ordinary

CFD

 

Short

1302296

4.785        GBP

10p ordinary

CFD

 

Short

24823

4.72603754582444        GBP

10p ordinary

CFD

 

Short

916

4.674236        GBP

10p ordinary

CFD

 

Short

868

4.761221        GBP

10p ordinary

CFD

 

Short

900

4.76551111        GBP

10p ordinary

CFD

 

Short

1320

4.786        GBP

10p ordinary

CFD

 

Short

2

4.72525        GBP

10p ordinary

CFD

 

Short

706

4.754125        GBP

10p ordinary

CFD

 

Short

1990

4.77153266331658        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:

27 February 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.

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