Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

03 July 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:	01 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

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	1,808,829	4.8380 GBP	4.7698 GBP
10p ordinary	SALES	2,200,712	4.8385 GBP	4.7714 GBP
10p ordinary	PURCHASES	7,896	5.6350 EUR	5.6350 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	24,695	4.7220 GBP
10p ordinary	CFD	increasing a long position	58,613	4.7700 GBP
10p ordinary	CFD	increasing a long position	313	4.7780 GBP
10p ordinary	CFD	increasing a long position	4	4.7780 GBP
10p ordinary	CFD	increasing a long position	32,332	4.7780 GBP
10p ordinary	CFD	increasing a long position	4,700	4.7780 GBP
10p ordinary	CFD	increasing a long position	12,253	4.7901 GBP
10p ordinary	CFD	increasing a long position	20,616	4.7901 GBP
10p ordinary	CFD	increasing a long position	56,097	4.7901 GBP
10p ordinary	CFD	increasing a long position	24,018	4.7928 GBP
10p ordinary	CFD	increasing a long position	5,543	4.7956 GBP
10p ordinary	CFD	increasing a long position	71	4.7986 GBP
10p ordinary	CFD	increasing a long position	149	4.7987 GBP
10p ordinary	CFD	increasing a long position	7,646	4.7989 GBP
10p ordinary	CFD	increasing a long position	10,877	4.8042 GBP
10p ordinary	CFD	increasing a short position	146	4.7780 GBP
10p ordinary	CFD	increasing a short position	515	4.7780 GBP
10p ordinary	CFD	increasing a short position	366	4.7780 GBP
10p ordinary	CFD	increasing a short position	7,896	4.7802 GBP
10p ordinary	CFD	increasing a short position	757	4.7829 GBP
10p ordinary	CFD	increasing a short position	51	4.7850 GBP
10p ordinary	CFD	increasing a short position	23	4.7976 GBP
10p ordinary	CFD	increasing a short position	1,264	4.8002 GBP
10p ordinary	CFD	increasing a short position	1,265	4.8005 GBP
10p ordinary	CFD	increasing a short position	19,060	4.8041 GBP
10p ordinary	CFD	increasing a short position	43,222	4.8050 GBP
10p ordinary	CFD	increasing a short position	1,736	4.8091 GBP
10p ordinary	CFD	increasing a short position	3,673	4.8091 GBP
10p ordinary	CFD	increasing a short position	1,825	4.8092 GBP
10p ordinary	CFD	increasing a short position	91,035	4.8117 GBP
10p ordinary	CFD	increasing a short position	1,036	4.8186 GBP
10p ordinary	CFD	increasing a short position	857	4.8193 GBP
10p ordinary	CFD	increasing a short position	343	4.8297 GBP
10p ordinary	CFD	reducing a long position	24,695	4.7220 GBP
10p ordinary	CFD	reducing a long position	399	4.7700 GBP
10p ordinary	CFD	reducing a long position	313	4.7700 GBP
10p ordinary	CFD	reducing a long position	798	4.7780 GBP
10p ordinary	CFD	reducing a long position	1,141	4.7780 GBP
10p ordinary	CFD	reducing a long position	1,533	4.7780 GBP
10p ordinary	CFD	reducing a long position	6,938	4.7915 GBP
10p ordinary	CFD	reducing a long position	464	4.7916 GBP
10p ordinary	CFD	reducing a long position	3,344	4.7953 GBP
10p ordinary	CFD	reducing a long position	7,646	4.8017 GBP
10p ordinary	CFD	reducing a long position	10,877	4.8053 GBP
10p ordinary	CFD	reducing a long position	71	4.8091 GBP
10p ordinary	CFD	reducing a long position	149	4.8091 GBP
10p ordinary	CFD	reducing a long position	72,658	4.8202 GBP
10p ordinary	CFD	reducing a long position	239	4.8220 GBP
10p ordinary	CFD	reducing a short position	742	4.7779 GBP
10p ordinary	CFD	reducing a short position	2,056	4.7780 GBP
10p ordinary	CFD	reducing a short position	50,264	4.7780 GBP
10p ordinary	CFD	reducing a short position	101	4.7780 GBP
10p ordinary	CFD	reducing a short position	63,293	4.7780 GBP
10p ordinary	CFD	reducing a short position	435	4.7780 GBP
10p ordinary	CFD	reducing a short position	2,276	4.7820 GBP
10p ordinary	CFD	reducing a short position	8,997	4.7853 GBP
10p ordinary	CFD	reducing a short position	9,361	4.7900 GBP
10p ordinary	CFD	reducing a short position	500	4.7922 GBP
10p ordinary	CFD	reducing a short position	200	4.7922 GBP
10p ordinary	CFD	reducing a short position	1,200	4.7922 GBP
10p ordinary	CFD	reducing a short position	2,700	4.7922 GBP
10p ordinary	CFD	reducing a short position	41,400	4.7943 GBP
10p ordinary	CFD	reducing a short position	2,529	4.7952 GBP
10p ordinary	CFD	reducing a short position	94,000	4.7969 GBP
10p ordinary	CFD	reducing a short position	39,420	4.7977 GBP
10p ordinary	CFD	reducing a short position	3,628	4.7990 GBP
10p ordinary	CFD	reducing a short position	5,702	4.8058 GBP
10p ordinary	CFD	reducing a short position	2,122	4.8058 GBP
10p ordinary	CFD	reducing a short position	68,038	4.8061 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:	03 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