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:

+44 141 245-7736

 

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 +44 (0)20 7638 0129.

 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings