Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

09 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:	08 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	2,354,016	5.1860 GBP	5.0820 GBP
10p ordinary	SALES	2,478,206	5.1900 GBP	5.0860 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	1,091	5.1150 GBP
10p ordinary	CFD	increasing a long position	235,668	5.1187 GBP
10p ordinary	CFD	increasing a long position	6,417	5.1318 GBP
10p ordinary	CFD	increasing a long position	1,458	5.1319 GBP
10p ordinary	CFD	increasing a long position	9,055	5.1355 GBP
10p ordinary	CFD	increasing a long position	6,938	5.1369 GBP
10p ordinary	CFD	increasing a long position	56,696	5.1369 GBP
10p ordinary	CFD	increasing a long position	19,091	5.1369 GBP
10p ordinary	CFD	increasing a long position	66,394	5.1369 GBP
10p ordinary	CFD	increasing a long position	35,384	5.1369 GBP
10p ordinary	CFD	increasing a long position	8,783	5.1379 GBP
10p ordinary	CFD	increasing a long position	15,213	5.1379 GBP
10p ordinary	CFD	increasing a long position	3,236	5.1379 GBP
10p ordinary	CFD	increasing a long position	1,191	5.1396 GBP
10p ordinary	CFD	increasing a long position	746	5.1568 GBP
10p ordinary	CFD	increasing a long position	11,739	5.1636 GBP
10p ordinary	CFD	increasing a long position	158	5.1690 GBP
10p ordinary	CFD	increasing a long position	118	5.1700 GBP
10p ordinary	CFD	increasing a long position	3,656	5.1705 GBP
10p ordinary	CFD	increasing a short position	41	5.1120 GBP
10p ordinary	CFD	increasing a short position	60,852	5.1133 GBP
10p ordinary	CFD	increasing a short position	32,565	5.1235 GBP
10p ordinary	CFD	increasing a short position	75,754	5.1314 GBP
10p ordinary	CFD	increasing a short position	1,619	5.1359 GBP
10p ordinary	CFD	increasing a short position	47,243	5.1370 GBP
10p ordinary	CFD	increasing a short position	6,352	5.1422 GBP
10p ordinary	CFD	increasing a short position	163,700	5.1440 GBP
10p ordinary	CFD	increasing a short position	19,614	5.1505 GBP
10p ordinary	CFD	increasing a short position	79	5.1516 GBP
10p ordinary	CFD	increasing a short position	659	5.1527 GBP
10p ordinary	CFD	increasing a short position	900	5.1549 GBP
10p ordinary	CFD	increasing a short position	265	5.1661 GBP
10p ordinary	CFD	increasing a short position	5,016	5.1670 GBP
10p ordinary	CFD	increasing a short position	2,405	5.1670 GBP
10p ordinary	CFD	increasing a short position	4,525	5.1693 GBP
10p ordinary	CFD	increasing a short position	5,214	5.1698 GBP
10p ordinary	CFD	increasing a short position	8,605	5.1699 GBP
10p ordinary	CFD	increasing a short position	1,818	5.1700 GBP
10p ordinary	CFD	increasing a short position	215	5.1700 GBP
10p ordinary	CFD	increasing a short position	1,700	5.1710 GBP
10p ordinary	CFD	increasing a short position	1,388	5.1820 GBP
10p ordinary	CFD	increasing a short position	35	5.1860 GBP
10p ordinary	CFD	reducing a long position	617	5.0993 GBP
10p ordinary	CFD	reducing a long position	11,706	5.1133 GBP
10p ordinary	CFD	reducing a long position	63	5.1374 GBP
10p ordinary	CFD	reducing a long position	3	5.1394 GBP
10p ordinary	CFD	reducing a long position	2,189	5.1431 GBP
10p ordinary	CFD	reducing a long position	36,155	5.1465 GBP
10p ordinary	CFD	reducing a long position	35,217	5.1494 GBP
10p ordinary	CFD	reducing a long position	462	5.1527 GBP
10p ordinary	CFD	reducing a long position	1,931	5.1673 GBP
10p ordinary	CFD	reducing a long position	21,140	5.1700 GBP
10p ordinary	CFD	reducing a long position	2,274	5.1700 GBP
10p ordinary	CFD	reducing a long position	20	5.1700 GBP
10p ordinary	CFD	reducing a long position	13,194	5.1700 GBP
10p ordinary	CFD	reducing a short position	41	5.1199 GBP
10p ordinary	CFD	reducing a short position	32,565	5.1248 GBP
10p ordinary	CFD	reducing a short position	1,200	5.1269 GBP
10p ordinary	CFD	reducing a short position	60,852	5.1318 GBP
10p ordinary	CFD	reducing a short position	11,121	5.1379 GBP
10p ordinary	CFD	reducing a short position	10	5.1420 GBP
10p ordinary	CFD	reducing a short position	1,300	5.1482 GBP
10p ordinary	CFD	reducing a short position	9,600	5.1482 GBP
10p ordinary	CFD	reducing a short position	2,064	5.1615 GBP
10p ordinary	CFD	reducing a short position	278	5.1645 GBP
10p ordinary	CFD	reducing a short position	2,635	5.1645 GBP
10p ordinary	CFD	reducing a short position	65	5.1680 GBP
10p ordinary	CFD	reducing a short position	2,361	5.1692 GBP
10p ordinary	CFD	reducing a short position	217	5.1700 GBP
10p ordinary	CFD	reducing a short position	1,388	5.1700 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:	09 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