Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

05 August 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:	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:	02 August 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	1,431,868	5.3279 GBP	5.1980 GBP
10p ordinary	SALES	1,052,045	5.3390 GBP	5.2010 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	823	5.2040 GBP
10p ordinary	CFD	increasing a long position	85	5.2119 GBP
10p ordinary	CFD	increasing a long position	158	5.2238 GBP
10p ordinary	CFD	increasing a long position	15	5.2240 GBP
10p ordinary	CFD	increasing a long position	200	5.2278 GBP
10p ordinary	CFD	increasing a long position	1,126	5.2286 GBP
10p ordinary	CFD	increasing a long position	63,675	5.2288 GBP
10p ordinary	CFD	increasing a long position	4,797	5.2297 GBP
10p ordinary	CFD	increasing a long position	59,131	5.2299 GBP
10p ordinary	CFD	increasing a long position	17	5.2340 GBP
10p ordinary	CFD	increasing a long position	600	5.2360 GBP
10p ordinary	CFD	increasing a long position	17,550	5.2360 GBP
10p ordinary	CFD	increasing a long position	2,181	5.2360 GBP
10p ordinary	CFD	increasing a long position	276	5.2360 GBP
10p ordinary	CFD	increasing a long position	14,679	5.2360 GBP
10p ordinary	CFD	increasing a long position	24,232	5.2360 GBP
10p ordinary	CFD	increasing a long position	3,203	5.2382 GBP
10p ordinary	CFD	increasing a long position	1,431	5.2407 GBP
10p ordinary	CFD	increasing a long position	18,007	5.2446 GBP
10p ordinary	CFD	increasing a long position	2,083	5.2461 GBP
10p ordinary	CFD	increasing a long position	1,134	5.2502 GBP
10p ordinary	CFD	increasing a long position	857	5.2537 GBP
10p ordinary	CFD	increasing a long position	2,775	5.2598 GBP
10p ordinary	CFD	increasing a long position	1,773	5.2644 GBP
10p ordinary	CFD	increasing a short position	27	5.2089 GBP
10p ordinary	CFD	increasing a short position	255	5.2089 GBP
10p ordinary	CFD	increasing a short position	74	5.2089 GBP
10p ordinary	CFD	increasing a short position	34	5.2089 GBP
10p ordinary	CFD	increasing a short position	15	5.2089 GBP
10p ordinary	CFD	increasing a short position	2,443	5.2151 GBP
10p ordinary	CFD	increasing a short position	1,155	5.2151 GBP
10p ordinary	CFD	increasing a short position	508	5.2151 GBP
10p ordinary	CFD	increasing a short position	919	5.2151 GBP
10p ordinary	CFD	increasing a short position	8,427	5.2151 GBP
10p ordinary	CFD	increasing a short position	5,890	5.2164 GBP
10p ordinary	CFD	increasing a short position	4,279	5.2257 GBP
10p ordinary	CFD	increasing a short position	7,732	5.2257 GBP
10p ordinary	CFD	increasing a short position	70,877	5.2257 GBP
10p ordinary	CFD	increasing a short position	9,718	5.2257 GBP
10p ordinary	CFD	increasing a short position	20,555	5.2257 GBP
10p ordinary	CFD	increasing a short position	1,910	5.2283 GBP
10p ordinary	CFD	increasing a short position	5,809	5.2315 GBP
10p ordinary	CFD	increasing a short position	10,499	5.2315 GBP
10p ordinary	CFD	increasing a short position	96,239	5.2315 GBP
10p ordinary	CFD	increasing a short position	27,909	5.2315 GBP
10p ordinary	CFD	increasing a short position	13,195	5.2315 GBP
10p ordinary	CFD	increasing a short position	2,806	5.2343 GBP
10p ordinary	CFD	increasing a short position	4,717	5.2344 GBP
10p ordinary	CFD	increasing a short position	71,847	5.2348 GBP
10p ordinary	CFD	increasing a short position	1,866	5.2355 GBP
10p ordinary	CFD	increasing a short position	92	5.2359 GBP
10p ordinary	CFD	increasing a short position	55,202	5.2360 GBP
10p ordinary	CFD	increasing a short position	38	5.2360 GBP
10p ordinary	CFD	increasing a short position	212,700	5.2378 GBP
10p ordinary	CFD	increasing a short position	823	5.2460 GBP
10p ordinary	CFD	increasing a short position	39	5.2465 GBP
10p ordinary	CFD	increasing a short position	20,582	5.2521 GBP
10p ordinary	CFD	increasing a short position	9,910	5.2521 GBP
10p ordinary	CFD	increasing a short position	539	5.2524 GBP
10p ordinary	CFD	increasing a short position	3,942	5.2524 GBP
10p ordinary	CFD	increasing a short position	430	5.2524 GBP
10p ordinary	CFD	increasing a short position	237	5.2524 GBP
10p ordinary	CFD	increasing a short position	1,143	5.2524 GBP
10p ordinary	CFD	increasing a short position	1,140	5.2545 GBP
10p ordinary	CFD	increasing a short position	24,502	5.2576 GBP
10p ordinary	CFD	increasing a short position	828	5.3377 GBP
10p ordinary	CFD	reducing a long position	6,130	5.2175 GBP
10p ordinary	CFD	reducing a long position	230	5.2279 GBP
10p ordinary	CFD	reducing a long position	240	5.2343 GBP
10p ordinary	CFD	reducing a long position	311	5.2344 GBP
10p ordinary	CFD	reducing a long position	17,146	5.2348 GBP
10p ordinary	CFD	reducing a long position	15,052	5.2360 GBP
10p ordinary	CFD	reducing a long position	4	5.2360 GBP
10p ordinary	CFD	reducing a long position	18,007	5.2365 GBP
10p ordinary	CFD	reducing a long position	3,823	5.2373 GBP
10p ordinary	CFD	reducing a long position	24,125	5.2391 GBP
10p ordinary	CFD	reducing a long position	1,652	5.2460 GBP
10p ordinary	CFD	reducing a long position	67,727	5.2520 GBP
10p ordinary	CFD	reducing a long position	2,775	5.2593 GBP
10p ordinary	CFD	reducing a long position	276	5.2740 GBP
10p ordinary	CFD	reducing a long position	171	5.2740 GBP
10p ordinary	CFD	reducing a long position	636	5.2796 GBP
10p ordinary	CFD	reducing a long position	1,390	5.3090 GBP
10p ordinary	CFD	reducing a short position	740	5.2071 GBP
10p ordinary	CFD	reducing a short position	1,208	5.2116 GBP
10p ordinary	CFD	reducing a short position	23,437	5.2288 GBP
10p ordinary	CFD	reducing a short position	25,445	5.2299 GBP
10p ordinary	CFD	reducing a short position	8,258	5.2305 GBP
10p ordinary	CFD	reducing a short position	9,045	5.2322 GBP
10p ordinary	CFD	reducing a short position	3,554	5.2352 GBP
10p ordinary	CFD	reducing a short position	502	5.2356 GBP
10p ordinary	CFD	reducing a short position	246	5.2360 GBP
10p ordinary	CFD	reducing a short position	403	5.2360 GBP
10p ordinary	CFD	reducing a short position	21,634	5.2385 GBP
10p ordinary	CFD	reducing a short position	71,847	5.2461 GBP
10p ordinary	CFD	reducing a short position	500	5.2488 GBP
10p ordinary	CFD	reducing a short position	4,751	5.2488 GBP
10p ordinary	CFD	reducing a short position	2,716	5.2644 GBP
10p ordinary	CFD	reducing a short position	90,000	5.2938 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:	05 August 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