Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)
24 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:

UBS Investment Bank, London

(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:

            23 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"

NO

 

 

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

Buy

 

275886

4.96385 GBP

4.92000 GBP

10p ordinary

Sell

 

346359

3.25400 GBP

1.73997GBP

 

(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

 

Long

57887

4.956        GBP

10p ordinary

CFD

 

Long

96290

4.96        GBP

10p ordinary

CFD

 

Long

4215

4.955753        GBP

10p ordinary

CFD

 

Long

16770

4.9245085        GBP

10p ordinary

CFD

 

Long

1067

4.95525773195876        GBP

10p ordinary

CFD

 

Long

30

4.943965        GBP

10p ordinary

CFD

 

Long

9273

4.94389475        GBP

10p ordinary

CFD

 

Long

2710

4.95385129151292        GBP

10p ordinary

CFD

 

Long

3942

4.955802        GBP

10p ordinary

CFD

 

Long

3465

4.93156219410678        GBP

10p ordinary

CFD

 

Long

31691

4.9541200987924        GBP

10p ordinary

CFD

 

Long

59

4.92244915        GBP

10p ordinary

CFD

 

Long

7669

4.95575733472421        GBP

10p ordinary

CFD

 

Long

19538

4.952203        GBP

10p ordinary

CFD

 

Long

6533

4.94961473        GBP

10p ordinary

CFD

 

Long

1015

4.95593805        GBP

10p ordinary

CFD

 

Long

248

4.928427        GBP

10p ordinary

CFD

 

Long

108

4.96259259        GBP

10p ordinary

CFD

 

Long

1307

4.95384850803366        GBP

10p ordinary

CFD

 

Long

646

4.9369226006192        GBP

10p ordinary

CFD

 

Long

333

4.9205        GBP

10p ordinary

CFD

 

Long

27752

4.93841056500432        GBP

10p ordinary

CFD

 

Long

2448

4.95565359477124        GBP

10p ordinary

CFD

 

Long

9617

4.93588748996049        GBP

10p ordinary

CFD

 

Long

3766

4.95200398206054        GBP

10p ordinary

CFD

 

Long

3485

4.946324        GBP

10p ordinary

CFD

 

Short

40488

4.95575851        GBP

10p ordinary

CFD

 

Short

7943

4.92686122        GBP

10p ordinary

CFD

 

Short

9202

4.95520165        GBP

10p ordinary

CFD

 

Short

596

4.9228        GBP

10p ordinary

CFD

 

Short

4493

4.9567438237258        GBP

10p ordinary

CFD

 

Short

2783

4.956249        GBP

10p ordinary

CFD

 

Short

333

4.9205        GBP

10p ordinary

CFD

 

Short

16662

4.956        GBP

10p ordinary

CFD

 

Short

22275

4.93828575653513        GBP

10p ordinary

CFD

 

Short

19060

4.94638315524134        GBP

10p ordinary

CFD

 

Short

4154

4.92959834        GBP

10p ordinary

CFD

 

Short

2868

4.93266998167015        GBP

10p ordinary

CFD

 

Short

4700

4.93680425531915        GBP

10p ordinary

CFD

 

Short

4413

4.95606195        GBP

10p ordinary

CFD

 

Short

7965

4.93829        GBP

10p ordinary

CFD

 

Short

730

4.95698630136986        GBP

10p ordinary

CFD

 

Short

4994

4.92347006        GBP

10p ordinary

CFD

 

Short

625

4.92312841        GBP

10p ordinary

CFD

 

Short

336

4.953286        GBP

10p ordinary

CFD

 

Short

2203

4.93120404339083        GBP

10p ordinary

CFD

 

Short

66763

4.95052555833111        GBP

10p ordinary

CFD

 

Short

397

4.953864        GBP

10p ordinary

CFD

 

Short

3957

4.92261562        GBP

10p ordinary

CFD

 

Short

4615

4.92554583        GBP

10p ordinary

CFD

 

Short

3500

4.92598722        GBP

10p ordinary

CFD

 

Short

6100

4.9269767        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

10p ordinary

Call

Purchasing

11529

5.323        GBP

European

20 August 2024

0.0297        GBP

10p ordinary

Call

Selling

11529

5.323        GBP

European

20 August 2024

0.0297        GBP

10p ordinary

Call

Purchasing

11529

5.323        GBP

European

20 August 2024

0.0297        GBP

 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

 

 

 

 

 

 

(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)

 

 

 

 

 

 

 

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:

24 July 2024

Contact name:

Richard Howard

Telephone number:

+44 (0)207 568 9128

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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