Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

07 June 2024

 

AMENDMENT(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:	05 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 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	1,080,747	5.1420 GBP	5.0360 GBP
10p ordinary	SALES	1,015,435	5.1420 GBP	5.0340 GBP
10p ordinary	SALES	423,397	6.4811 USD	6.4811 USD

(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	5,190	5.0615 GBP
10p ordinary	CFD	increasing a long position	168	5.0800 GBP
10p ordinary	CFD	increasing a long position	423,397	5.0800 GBP
10p ordinary	CFD	increasing a long position	3,656	5.0812 GBP
10p ordinary	CFD	increasing a long position	3,115	5.0907 GBP
10p ordinary	CFD	increasing a long position	21,969	5.0983 GBP
10p ordinary	CFD	increasing a long position	5,073	5.1036 GBP
10p ordinary	CFD	increasing a long position	7,182	5.1106 GBP
10p ordinary	CFD	increasing a short position	5,215	5.0620 GBP
10p ordinary	CFD	increasing a short position	4,421	5.0739 GBP
10p ordinary	CFD	increasing a short position	25,568	5.0746 GBP
10p ordinary	CFD	increasing a short position	29,090	5.0759 GBP
10p ordinary	CFD	increasing a short position	46,786	5.0760 GBP
10p ordinary	CFD	increasing a short position	3,248	5.0761 GBP
10p ordinary	CFD	increasing a short position	2,852	5.0765 GBP
10p ordinary	CFD	increasing a short position	25,041	5.0765 GBP
10p ordinary	CFD	increasing a short position	448	5.0775 GBP
10p ordinary	CFD	increasing a short position	2,998	5.0788 GBP
10p ordinary	CFD	increasing a short position	1,972	5.0800 GBP
10p ordinary	CFD	increasing a short position	689	5.0800 GBP
10p ordinary	CFD	increasing a short position	590	5.0800 GBP
10p ordinary	CFD	increasing a short position	45	5.0800 GBP
10p ordinary	CFD	increasing a short position	1,880	5.0804 GBP
10p ordinary	CFD	increasing a short position	12,335	5.0818 GBP
10p ordinary	CFD	increasing a short position	171	5.0858 GBP
10p ordinary	CFD	increasing a short position	441	5.0889 GBP
10p ordinary	CFD	increasing a short position	59	5.0953 GBP
10p ordinary	CFD	increasing a short position	330	5.1044 GBP
10p ordinary	CFD	increasing a short position	13,440	5.1244 GBP
10p ordinary	CFD	reducing a long position	97	5.0360 GBP
10p ordinary	CFD	reducing a long position	5,190	5.0733 GBP
10p ordinary	CFD	reducing a long position	38,019	5.0760 GBP
10p ordinary	CFD	reducing a long position	125	5.0762 GBP
10p ordinary	CFD	reducing a long position	1,068	5.0775 GBP
10p ordinary	CFD	reducing a long position	9,351	5.0787 GBP
10p ordinary	CFD	reducing a long position	6,515	5.0796 GBP
10p ordinary	CFD	reducing a long position	1,687	5.0800 GBP
10p ordinary	CFD	reducing a long position	7,579	5.0800 GBP
10p ordinary	CFD	reducing a long position	9,853	5.0800 GBP
10p ordinary	CFD	reducing a long position	921	5.0800 GBP
10p ordinary	CFD	reducing a long position	11,368	5.0800 GBP
10p ordinary	CFD	reducing a long position	749	5.0800 GBP
10p ordinary	CFD	reducing a long position	858	5.0800 GBP
10p ordinary	CFD	reducing a long position	41	5.0800 GBP
10p ordinary	CFD	reducing a long position	12,436	5.0802 GBP
10p ordinary	CFD	reducing a long position	3,109	5.0803 GBP
10p ordinary	CFD	reducing a long position	106	5.0807 GBP
10p ordinary	CFD	reducing a long position	1,966	5.0808 GBP
10p ordinary	CFD	reducing a long position	352	5.0809 GBP
10p ordinary	CFD	reducing a long position	1,232	5.0810 GBP
10p ordinary	CFD	reducing a long position	17	5.0812 GBP
10p ordinary	CFD	reducing a long position	168	5.0980 GBP
10p ordinary	CFD	reducing a long position	419	5.1194 GBP
10p ordinary	CFD	reducing a long position	5,073	5.1239 GBP
10p ordinary	CFD	reducing a short position	142	5.0667 GBP
10p ordinary	CFD	reducing a short position	9,475	5.0677 GBP
10p ordinary	CFD	reducing a short position	4,366	5.0707 GBP
10p ordinary	CFD	reducing a short position	9,494	5.0707 GBP
10p ordinary	CFD	reducing a short position	6,360	5.0713 GBP
10p ordinary	CFD	reducing a short position	3,222	5.0751 GBP
10p ordinary	CFD	reducing a short position	108,200	5.0784 GBP
10p ordinary	CFD	reducing a short position	7,856	5.0795 GBP
10p ordinary	CFD	reducing a short position	4,529	5.0800 GBP
10p ordinary	CFD	reducing a short position	1,687	5.0806 GBP
10p ordinary	CFD	reducing a short position	1,329	5.0807 GBP
10p ordinary	CFD	reducing a short position	13,113	5.0812 GBP
10p ordinary	CFD	reducing a short position	9,300	5.0813 GBP
10p ordinary	CFD	reducing a short position	26,189	5.0822 GBP
10p ordinary	CFD	reducing a short position	329	5.0861 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:	07 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