Form 8.5 (EPT/RI)-Replacement of Barratt

Morgan Stanley & Co. Int'l plc

08 July 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:	04 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	1,092,664	4.9460 GBP	4.8880 GBP
10p ordinary	SALES	1,350,350	4.9460 GBP	4.8882 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	35,426	4.8486 GBP
10p ordinary	CFD	increasing a long position	695,741	4.8880 GBP
10p ordinary	CFD	increasing a long position	352	4.9192 GBP
10p ordinary	CFD	increasing a long position	21,095	4.9199 GBP
10p ordinary	CFD	increasing a long position	13,770	4.9200 GBP
10p ordinary	CFD	increasing a long position	7,240	4.9220 GBP
10p ordinary	CFD	increasing a long position	11,655	4.9224 GBP
10p ordinary	CFD	increasing a long position	2,167	4.9308 GBP
10p ordinary	CFD	increasing a short position	127	4.8880 GBP
10p ordinary	CFD	increasing a short position	82	4.9123 GBP
10p ordinary	CFD	increasing a short position	696	4.9154 GBP
10p ordinary	CFD	increasing a short position	13,150	4.9169 GBP
10p ordinary	CFD	increasing a short position	118	4.9200 GBP
10p ordinary	CFD	increasing a short position	5,028	4.9200 GBP
10p ordinary	CFD	increasing a short position	5,878	4.9200 GBP
10p ordinary	CFD	increasing a short position	22,117	4.9205 GBP
10p ordinary	CFD	increasing a short position	41,800	4.9220 GBP
10p ordinary	CFD	increasing a short position	1,744	4.9221 GBP
10p ordinary	CFD	increasing a short position	310	4.9224 GBP
10p ordinary	CFD	increasing a short position	2,618	4.9229 GBP
10p ordinary	CFD	increasing a short position	10,000	4.9231 GBP
10p ordinary	CFD	increasing a short position	6,448	4.9231 GBP
10p ordinary	CFD	increasing a short position	15,833	4.9244 GBP
10p ordinary	CFD	increasing a short position	3,441	4.9245 GBP
10p ordinary	CFD	increasing a short position	12,477	4.9260 GBP
10p ordinary	CFD	increasing a short position	4,688	4.9267 GBP
10p ordinary	CFD	increasing a short position	498	4.9267 GBP
10p ordinary	CFD	increasing a short position	3,259	4.9272 GBP
10p ordinary	CFD	increasing a short position	59	4.9280 GBP
10p ordinary	CFD	increasing a short position	4,568	4.9299 GBP
10p ordinary	CFD	increasing a short position	107	4.9319 GBP
10p ordinary	CFD	reducing a long position	15,937	4.9200 GBP
10p ordinary	CFD	reducing a long position	5,110	4.9200 GBP
10p ordinary	CFD	reducing a long position	8,261	4.9205 GBP
10p ordinary	CFD	reducing a long position	86	4.9209 GBP
10p ordinary	CFD	reducing a long position	6,728	4.9210 GBP
10p ordinary	CFD	reducing a long position	5,038	4.9216 GBP
10p ordinary	CFD	reducing a long position	7,724	4.9229 GBP
10p ordinary	CFD	reducing a long position	10,116	4.9231 GBP
10p ordinary	CFD	reducing a long position	89,245	4.9302 GBP
10p ordinary	CFD	reducing a short position	3,482	4.9024 GBP
10p ordinary	CFD	reducing a short position	3,259	4.9144 GBP
10p ordinary	CFD	reducing a short position	8	4.9191 GBP
10p ordinary	CFD	reducing a short position	194	4.9198 GBP
10p ordinary	CFD	reducing a short position	289	4.9200 GBP
10p ordinary	CFD	reducing a short position	59,166	4.9200 GBP
10p ordinary	CFD	reducing a short position	492	4.9200 GBP
10p ordinary	CFD	reducing a short position	502,784	4.9200 GBP
10p ordinary	CFD	reducing a short position	59	4.9202 GBP
10p ordinary	CFD	reducing a short position	6,251	4.9208 GBP
10p ordinary	CFD	reducing a short position	3,547	4.9221 GBP
10p ordinary	CFD	reducing a short position	7,557	4.9230 GBP
10p ordinary	CFD	reducing a short position	24,638	4.9232 GBP
10p ordinary	CFD	reducing a short position	2,021	4.9244 GBP
10p ordinary	CFD	reducing a short position	3,540	4.9266 GBP
10p ordinary	CFD	reducing a short position	9,137	4.9267 GBP
10p ordinary	CFD	reducing a short position	6,979	4.9288 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:	08 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