Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

13 March 2024

 

AMENDMENT(2(a), 2(b))

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:	11 March 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	SALES	1,314,942	4.8165 GBP	4.7440 GBP
10p ordinary	PURCHASES	1,503,864	4.8230 GBP	4.7320 GBP
10p ordinary	SALES	11,677	5.6068 EUR	5.6068 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	1,675	4.7420 GBP
10p ordinary	CFD	increasing a long position	16,158	4.7825 GBP
10p ordinary	CFD	increasing a long position	368	4.7830 GBP
10p ordinary	CFD	increasing a long position	795	4.7830 GBP
10p ordinary	CFD	increasing a long position	14,989	4.7830 GBP
10p ordinary	CFD	increasing a long position	236	4.7830 GBP
10p ordinary	CFD	increasing a long position	6,217	4.7833 GBP
10p ordinary	CFD	increasing a long position	4,643	4.7833 GBP
10p ordinary	CFD	increasing a long position	33	4.7870 GBP
10p ordinary	CFD	increasing a long position	10,862	4.7880 GBP
10p ordinary	CFD	increasing a long position	51,551	4.7903 GBP
10p ordinary	CFD	increasing a long position	3,547	4.7905 GBP
10p ordinary	CFD	increasing a long position	7,778	4.7933 GBP
10p ordinary	CFD	increasing a long position	27,153	4.7980 GBP
10p ordinary	CFD	increasing a long position	16,689	4.8019 GBP
10p ordinary	CFD	increasing a long position	18,421	4.8031 GBP
10p ordinary	CFD	increasing a long position	241	4.8048 GBP
10p ordinary	CFD	increasing a long position	50,289	4.8055 GBP
10p ordinary	CFD	increasing a short position	9,597	4.7739 GBP
10p ordinary	CFD	increasing a short position	26,460	4.7811 GBP
10p ordinary	CFD	increasing a short position	8,400	4.7824 GBP
10p ordinary	CFD	increasing a short position	1,317	4.7830 GBP
10p ordinary	CFD	increasing a short position	1,126	4.7830 GBP
10p ordinary	CFD	increasing a short position	1	4.7830 GBP
10p ordinary	CFD	increasing a short position	8,120	4.7833 GBP
10p ordinary	CFD	increasing a short position	52,305	4.7835 GBP
10p ordinary	CFD	increasing a short position	8,118	4.7835 GBP
10p ordinary	CFD	increasing a short position	14,591	4.7835 GBP
10p ordinary	CFD	increasing a short position	2,937	4.7835 GBP
10p ordinary	CFD	increasing a short position	41,264	4.7837 GBP
10p ordinary	CFD	increasing a short position	52,306	4.7854 GBP
10p ordinary	CFD	increasing a short position	8,119	4.7854 GBP
10p ordinary	CFD	increasing a short position	2,936	4.7854 GBP
10p ordinary	CFD	increasing a short position	14,590	4.7854 GBP
10p ordinary	CFD	increasing a short position	52	4.7883 GBP
10p ordinary	CFD	increasing a short position	3,302	4.7905 GBP
10p ordinary	CFD	increasing a short position	246	4.7928 GBP
10p ordinary	CFD	increasing a short position	115,000	4.7937 GBP
10p ordinary	CFD	increasing a short position	41,860	4.7937 GBP
10p ordinary	CFD	increasing a short position	23,610	4.7937 GBP
10p ordinary	CFD	increasing a short position	734	4.7956 GBP
10p ordinary	CFD	increasing a short position	634	4.7966 GBP
10p ordinary	CFD	increasing a short position	31,900	4.7974 GBP
10p ordinary	CFD	increasing a short position	4,568	4.8005 GBP
10p ordinary	CFD	increasing a short position	33,115	4.8014 GBP
10p ordinary	CFD	increasing a short position	6,664	4.8014 GBP
10p ordinary	CFD	increasing a short position	118,709	4.8014 GBP
10p ordinary	CFD	increasing a short position	18,426	4.8014 GBP
10p ordinary	CFD	increasing a short position	2,362	4.8078 GBP
10p ordinary	CFD	increasing a short position	1,182	4.8083 GBP
10p ordinary	CFD	reducing a long position	47	4.7440 GBP
10p ordinary	CFD	reducing a long position	1,675	4.7460 GBP
10p ordinary	CFD	reducing a long position	2,677	4.7830 GBP
10p ordinary	CFD	reducing a long position	12,869	4.7830 GBP
10p ordinary	CFD	reducing a long position	163	4.7830 GBP
10p ordinary	CFD	reducing a long position	27,153	4.7879 GBP
10p ordinary	CFD	reducing a long position	74	4.7928 GBP
10p ordinary	CFD	reducing a long position	5,412	4.7971 GBP
10p ordinary	CFD	reducing a long position	1,528	4.7995 GBP
10p ordinary	CFD	reducing a long position	78,956	4.8046 GBP
10p ordinary	CFD	reducing a long position	360	4.8047 GBP
10p ordinary	CFD	reducing a long position	232	4.8093 GBP
10p ordinary	CFD	reducing a short position	178	4.7440 GBP
10p ordinary	CFD	reducing a short position	323	4.7440 GBP
10p ordinary	CFD	reducing a short position	512	4.7440 GBP
10p ordinary	CFD	reducing a short position	183	4.7749 GBP
10p ordinary	CFD	reducing a short position	4,208	4.7791 GBP
10p ordinary	CFD	reducing a short position	1,891	4.7791 GBP
10p ordinary	CFD	reducing a short position	9,797	4.7824 GBP
10p ordinary	CFD	reducing a short position	11,677	4.7825 GBP
10p ordinary	CFD	reducing a short position	70,210	4.7830 GBP
10p ordinary	CFD	reducing a short position	504	4.7833 GBP
10p ordinary	CFD	reducing a short position	377	4.7833 GBP
10p ordinary	CFD	reducing a short position	6,145	4.7859 GBP
10p ordinary	CFD	reducing a short position	51,925	4.7880 GBP
10p ordinary	CFD	reducing a short position	3,022	4.7888 GBP
10p ordinary	CFD	reducing a short position	26,319	4.7888 GBP
10p ordinary	CFD	reducing a short position	23,669	4.7910 GBP
10p ordinary	CFD	reducing a short position	2,758	4.7921 GBP
10p ordinary	CFD	reducing a short position	36,351	4.7933 GBP
10p ordinary	CFD	reducing a short position	23,453	4.7970 GBP
10p ordinary	CFD	reducing a short position	51,755	4.8014 GBP
10p ordinary	CFD	reducing a short position	18,738	4.8031 GBP
10p ordinary	CFD	reducing a short position	5,483	4.8047 GBP
10p ordinary	CFD	reducing a short position	26,697	4.8058 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:	13 March 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