Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

27 June 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:	Morgan Stanley & Co. International plc
(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 June 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"	YES- Redrow

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	PURCHASES	699,372	4.7840 GBP	4.6865 GBP
10p ordinary	SALES	1,452,463	4.7840 GBP	4.6905 GBP
10p ordinary	SALES	6,011	5.5669 EUR	5.5669 EUR

(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	increasing a long position	144,000	4.6990 GBP
10p ordinary	CFD	increasing a long position	13,490	4.7007 GBP
10p ordinary	CFD	increasing a long position	18	4.7060 GBP
10p ordinary	CFD	increasing a long position	9,352	4.7148 GBP
10p ordinary	CFD	increasing a long position	515	4.7176 GBP
10p ordinary	CFD	increasing a long position	2,756	4.7180 GBP
10p ordinary	CFD	increasing a long position	347	4.7180 GBP
10p ordinary	CFD	increasing a long position	40,177	4.7216 GBP
10p ordinary	CFD	increasing a long position	23,668	4.7262 GBP
10p ordinary	CFD	increasing a long position	837	4.7344 GBP
10p ordinary	CFD	increasing a long position	84	4.7427 GBP
10p ordinary	CFD	increasing a long position	360,000	4.7616 GBP
10p ordinary	CFD	increasing a long position	301	4.7700 GBP
10p ordinary	CFD	increasing a short position	1,697	4.6941 GBP
10p ordinary	CFD	increasing a short position	945	4.6941 GBP
10p ordinary	CFD	increasing a short position	344	4.6941 GBP
10p ordinary	CFD	increasing a short position	2	4.7080 GBP
10p ordinary	CFD	increasing a short position	1,100	4.7111 GBP
10p ordinary	CFD	increasing a short position	10,486	4.7135 GBP
10p ordinary	CFD	increasing a short position	193	4.7152 GBP
10p ordinary	CFD	increasing a short position	2,809	4.7158 GBP
10p ordinary	CFD	increasing a short position	269	4.7167 GBP
10p ordinary	CFD	increasing a short position	24,963	4.7175 GBP
10p ordinary	CFD	increasing a short position	5,762	4.7180 GBP
10p ordinary	CFD	increasing a short position	1,189	4.7180 GBP
10p ordinary	CFD	increasing a short position	19,864	4.7180 GBP
10p ordinary	CFD	increasing a short position	6	4.7180 GBP
10p ordinary	CFD	increasing a short position	10,485	4.7181 GBP
10p ordinary	CFD	increasing a short position	31,406	4.7182 GBP
10p ordinary	CFD	increasing a short position	1,343	4.7184 GBP
10p ordinary	CFD	increasing a short position	6,697	4.7189 GBP
10p ordinary	CFD	increasing a short position	754	4.7197 GBP
10p ordinary	CFD	increasing a short position	6,749	4.7255 GBP
10p ordinary	CFD	increasing a short position	2,386	4.7284 GBP
10p ordinary	CFD	increasing a short position	5,919	4.7476 GBP
10p ordinary	CFD	increasing a short position	1,601	4.7518 GBP
10p ordinary	CFD	increasing a short position	1	4.7800 GBP
10p ordinary	CFD	reducing a long position	911	4.6970 GBP
10p ordinary	CFD	reducing a long position	19,960	4.7094 GBP
10p ordinary	CFD	reducing a long position	6,698	4.7160 GBP
10p ordinary	CFD	reducing a long position	837	4.7167 GBP
10p ordinary	CFD	reducing a long position	4,366	4.7180 GBP
10p ordinary	CFD	reducing a long position	32,005	4.7181 GBP
10p ordinary	CFD	reducing a long position	62,628	4.7181 GBP
10p ordinary	CFD	reducing a long position	33,808	4.7199 GBP
10p ordinary	CFD	reducing a long position	15,919	4.7200 GBP
10p ordinary	CFD	reducing a long position	1,474	4.7221 GBP
10p ordinary	CFD	reducing a long position	18	4.7284 GBP
10p ordinary	CFD	reducing a long position	30,207	4.7307 GBP
10p ordinary	CFD	reducing a short position	96	4.7060 GBP
10p ordinary	CFD	reducing a short position	6,011	4.7107 GBP
10p ordinary	CFD	reducing a short position	827	4.7110 GBP
10p ordinary	CFD	reducing a short position	9,452	4.7124 GBP
10p ordinary	CFD	reducing a short position	591	4.7158 GBP
10p ordinary	CFD	reducing a short position	2,919	4.7162 GBP
10p ordinary	CFD	reducing a short position	44,689	4.7164 GBP
10p ordinary	CFD	reducing a short position	125,866	4.7173 GBP
10p ordinary	CFD	reducing a short position	3,882	4.7180 GBP
10p ordinary	CFD	reducing a short position	918	4.7180 GBP
10p ordinary	CFD	reducing a short position	20,617	4.7180 GBP
10p ordinary	CFD	reducing a short position	16	4.7183 GBP
10p ordinary	CFD	reducing a short position	117,500	4.7184 GBP
10p ordinary	CFD	reducing a short position	88	4.7203 GBP
10p ordinary	CFD	reducing a short position	772	4.7203 GBP
10p ordinary	CFD	reducing a short position	43,258	4.7216 GBP
10p ordinary	CFD	reducing a short position	17	4.7244 GBP
10p ordinary	CFD	reducing a short position	127	4.7244 GBP
10p ordinary	CFD	reducing a short position	6,982	4.7244 GBP
10p ordinary	CFD	reducing a short position	30	4.7244 GBP
10p ordinary	CFD	reducing a short position	1	4.7290 GBP
10p ordinary	CFD	reducing a short position	17,831	4.7331 GBP
10p ordinary	CFD	reducing a short position	10,469	4.7344 GBP
10p ordinary	CFD	reducing a short position	1,601	4.7423 GBP
10p ordinary	CFD	reducing a short position	5,919	4.7526 GBP
10p ordinary	CFD	reducing a short position	66	4.7545 GBP
10p ordinary	CFD	reducing a short position	600	4.7559 GBP
10p ordinary	CFD	reducing a short position	100,000	4.7692 GBP
10p ordinary	CFD	reducing a short position	4,930	4.7772 GBP
10p ordinary	CFD	reducing a short position	2,189	4.7878 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
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
N/A	N/A	N/A	N/A	N/A

(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)
N/A	N/A	N/A	N/A

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 June 2024
Contact name:	Craig Horsley
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

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