Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

08 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:	07 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	1,225,505	5.2420 GBP	5.1780 GBP
10p ordinary	SALES	3,792,587	5.2460 GBP	5.1780 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	35,726	5.0789 GBP
10p ordinary	CFD	increasing a long position	1,353,500	5.1780 GBP
10p ordinary	CFD	increasing a long position	56	5.2078 GBP
10p ordinary	CFD	increasing a long position	166	5.2079 GBP
10p ordinary	CFD	increasing a long position	33,755	5.2095 GBP
10p ordinary	CFD	increasing a long position	10,488	5.2100 GBP
10p ordinary	CFD	increasing a long position	240	5.2100 GBP
10p ordinary	CFD	increasing a long position	2,263	5.2100 GBP
10p ordinary	CFD	increasing a long position	290	5.2132 GBP
10p ordinary	CFD	increasing a long position	20	5.2140 GBP
10p ordinary	CFD	increasing a long position	745	5.2169 GBP
10p ordinary	CFD	increasing a long position	11,706	5.2174 GBP
10p ordinary	CFD	increasing a long position	10,440	5.2199 GBP
10p ordinary	CFD	increasing a long position	416	5.2247 GBP
10p ordinary	CFD	increasing a long position	327	5.2268 GBP
10p ordinary	CFD	increasing a long position	14,004	5.2608 GBP
10p ordinary	CFD	increasing a short position	37	5.1780 GBP
10p ordinary	CFD	increasing a short position	347	5.1780 GBP
10p ordinary	CFD	increasing a short position	14,587	5.1936 GBP
10p ordinary	CFD	increasing a short position	25,000	5.2061 GBP
10p ordinary	CFD	increasing a short position	3,715	5.2062 GBP
10p ordinary	CFD	increasing a short position	7,751	5.2062 GBP
10p ordinary	CFD	increasing a short position	3,476	5.2090 GBP
10p ordinary	CFD	increasing a short position	1,686	5.2093 GBP
10p ordinary	CFD	increasing a short position	15,844	5.2096 GBP
10p ordinary	CFD	increasing a short position	10,956	5.2096 GBP
10p ordinary	CFD	increasing a short position	26	5.2100 GBP
10p ordinary	CFD	increasing a short position	1	5.2100 GBP
10p ordinary	CFD	increasing a short position	1,928	5.2100 GBP
10p ordinary	CFD	increasing a short position	165	5.2100 GBP
10p ordinary	CFD	increasing a short position	373	5.2100 GBP
10p ordinary	CFD	increasing a short position	3,052	5.2100 GBP
10p ordinary	CFD	increasing a short position	7,502	5.2101 GBP
10p ordinary	CFD	increasing a short position	4,534	5.2108 GBP
10p ordinary	CFD	increasing a short position	4,508	5.2117 GBP
10p ordinary	CFD	increasing a short position	59,139	5.2124 GBP
10p ordinary	CFD	increasing a short position	116,500	5.2127 GBP
10p ordinary	CFD	increasing a short position	1,683	5.2128 GBP
10p ordinary	CFD	increasing a short position	11,144	5.2148 GBP
10p ordinary	CFD	increasing a short position	6,283	5.2190 GBP
10p ordinary	CFD	increasing a short position	33	5.2200 GBP
10p ordinary	CFD	reducing a long position	582	5.2093 GBP
10p ordinary	CFD	reducing a long position	7,563	5.2095 GBP
10p ordinary	CFD	reducing a long position	11,648	5.2096 GBP
10p ordinary	CFD	reducing a long position	255	5.2100 GBP
10p ordinary	CFD	reducing a long position	10,834	5.2100 GBP
10p ordinary	CFD	reducing a long position	260	5.2100 GBP
10p ordinary	CFD	reducing a long position	535	5.2100 GBP
10p ordinary	CFD	reducing a long position	3,823	5.2133 GBP
10p ordinary	CFD	reducing a long position	19,677	5.2157 GBP
10p ordinary	CFD	reducing a long position	3,441	5.2168 GBP
10p ordinary	CFD	reducing a short position	580	5.1916 GBP
10p ordinary	CFD	reducing a short position	2,187	5.2037 GBP
10p ordinary	CFD	reducing a short position	1,090	5.2051 GBP
10p ordinary	CFD	reducing a short position	5,137	5.2079 GBP
10p ordinary	CFD	reducing a short position	9	5.2089 GBP
10p ordinary	CFD	reducing a short position	4,508	5.2093 GBP
10p ordinary	CFD	reducing a short position	254	5.2099 GBP
10p ordinary	CFD	reducing a short position	4,129	5.2120 GBP
10p ordinary	CFD	reducing a short position	985	5.2135 GBP
10p ordinary	CFD	reducing a short position	2,769	5.2135 GBP
10p ordinary	CFD	reducing a short position	2,762	5.2138 GBP
10p ordinary	CFD	reducing a short position	33	5.2140 GBP
10p ordinary	CFD	reducing a short position	15,844	5.2174 GBP
10p ordinary	CFD	reducing a short position	1,683	5.2184 GBP
10p ordinary	CFD	reducing a short position	3,796	5.2205 GBP
10p ordinary	CFD	reducing a short position	3,722	5.2247 GBP
10p ordinary	CFD	reducing a short position	1,460	5.2282 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 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