Form 8.5 (EPT/RI)- Barratt Developments plc

Morgan Stanley & Co. Int'l plc

16 July 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:	15 July 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 Plc

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	793,532	4.9890 GBP	4.9100 GBP
10p ordinary	SALES	641,260	4.9960 GBP	4.9135 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	increasing a long position	43,200	4.9378 GBP
10p ordinary	CFD	increasing a long position	5,794	4.9477 GBP
10p ordinary	CFD	increasing a long position	35,974	4.9484 GBP
10p ordinary	CFD	increasing a long position	16,153	4.9525 GBP
10p ordinary	CFD	increasing a long position	1,401	4.9589 GBP
10p ordinary	CFD	increasing a long position	3,481	4.9618 GBP
10p ordinary	CFD	increasing a long position	38,000	4.9632 GBP
10p ordinary	CFD	increasing a long position	32,118	4.9664 GBP
10p ordinary	CFD	increasing a long position	1	4.9680 GBP
10p ordinary	CFD	increasing a long position	5,139	4.9680 GBP
10p ordinary	CFD	increasing a long position	2,000	4.9684 GBP
10p ordinary	CFD	increasing a long position	726	4.9685 GBP
10p ordinary	CFD	increasing a long position	3,311	4.9818 GBP
10p ordinary	CFD	increasing a long position	1,294	4.9823 GBP
10p ordinary	CFD	increasing a long position	1,322	4.9883 GBP
10p ordinary	CFD	increasing a long position	1	4.9905 GBP
10p ordinary	CFD	increasing a short position	187	4.9379 GBP
10p ordinary	CFD	increasing a short position	717	4.9379 GBP
10p ordinary	CFD	increasing a short position	35,714	4.9513 GBP
10p ordinary	CFD	increasing a short position	11,580	4.9527 GBP
10p ordinary	CFD	increasing a short position	29,769	4.9573 GBP
10p ordinary	CFD	increasing a short position	25,950	4.9581 GBP
10p ordinary	CFD	increasing a short position	1,769	4.9590 GBP
10p ordinary	CFD	increasing a short position	3,129	4.9648 GBP
10p ordinary	CFD	increasing a short position	5,706	4.9670 GBP
10p ordinary	CFD	increasing a short position	3,134	4.9680 GBP
10p ordinary	CFD	increasing a short position	414	4.9680 GBP
10p ordinary	CFD	increasing a short position	60,231	4.9680 GBP
10p ordinary	CFD	increasing a short position	105	4.9681 GBP
10p ordinary	CFD	increasing a short position	2,209	4.9682 GBP
10p ordinary	CFD	increasing a short position	2,153	4.9690 GBP
10p ordinary	CFD	increasing a short position	377	4.9700 GBP
10p ordinary	CFD	increasing a short position	512	4.9888 GBP
10p ordinary	CFD	reducing a long position	3,481	4.9390 GBP
10p ordinary	CFD	reducing a long position	2,984	4.9456 GBP
10p ordinary	CFD	reducing a long position	1,322	4.9513 GBP
10p ordinary	CFD	reducing a long position	7,548	4.9530 GBP
10p ordinary	CFD	reducing a long position	264	4.9533 GBP
10p ordinary	CFD	reducing a long position	19,154	4.9559 GBP
10p ordinary	CFD	reducing a long position	9,007	4.9565 GBP
10p ordinary	CFD	reducing a long position	34,132	4.9590 GBP
10p ordinary	CFD	reducing a long position	10,928	4.9597 GBP
10p ordinary	CFD	reducing a long position	5,794	4.9666 GBP
10p ordinary	CFD	reducing a long position	2	4.9680 GBP
10p ordinary	CFD	reducing a long position	193,502	4.9687 GBP
10p ordinary	CFD	reducing a long position	100,000	4.9705 GBP
10p ordinary	CFD	reducing a long position	6,147	4.9709 GBP
10p ordinary	CFD	reducing a long position	4,972	4.9720 GBP
10p ordinary	CFD	reducing a short position	35,914	4.9484 GBP
10p ordinary	CFD	reducing a short position	28,277	4.9568 GBP
10p ordinary	CFD	reducing a short position	13,871	4.9601 GBP
10p ordinary	CFD	reducing a short position	11,815	4.9617 GBP
10p ordinary	CFD	reducing a short position	12,247	4.9620 GBP
10p ordinary	CFD	reducing a short position	1,302	4.9620 GBP
10p ordinary	CFD	reducing a short position	418	4.9625 GBP
10p ordinary	CFD	reducing a short position	2,627	4.9679 GBP
10p ordinary	CFD	reducing a short position	35,639	4.9680 GBP
10p ordinary	CFD	reducing a short position	3	4.9680 GBP
10p ordinary	CFD	reducing a short position	4,625	4.9680 GBP
10p ordinary	CFD	reducing a short position	1,568	4.9680 GBP
10p ordinary	CFD	reducing a short position	938	4.9688 GBP
10p ordinary	CFD	reducing a short position	560	4.9688 GBP
10p ordinary	CFD	reducing a short position	75	4.9700 GBP
10p ordinary	CFD	reducing a short position	1,769	4.9883 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:	16 July 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