Form 8.5 (EPT/RI)- Barratt Developments plc

Morgan Stanley & Co. Int'l plc

16 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:	15 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	1,313,791	5.4860 GBP	5.4137 GBP
10p ordinary	SALES	1,331,103	5.4940 GBP	5.4140 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	698	5.4140 GBP
10p ordinary	CFD	increasing a long position	1,107	5.4140 GBP
10p ordinary	CFD	increasing a long position	9,160	5.4140 GBP
10p ordinary	CFD	increasing a long position	2,805	5.4198 GBP
10p ordinary	CFD	increasing a long position	7,288	5.4232 GBP
10p ordinary	CFD	increasing a long position	9,618	5.4361 GBP
10p ordinary	CFD	increasing a long position	670	5.4426 GBP
10p ordinary	CFD	increasing a long position	4,257	5.4455 GBP
10p ordinary	CFD	increasing a long position	243,698	5.4491 GBP
10p ordinary	CFD	increasing a long position	6,332	5.4534 GBP
10p ordinary	CFD	increasing a long position	10,958	5.4534 GBP
10p ordinary	CFD	increasing a long position	2,236	5.4534 GBP
10p ordinary	CFD	increasing a long position	1,368	5.4553 GBP
10p ordinary	CFD	increasing a long position	735	5.4586 GBP
10p ordinary	CFD	increasing a long position	322	5.4622 GBP
10p ordinary	CFD	increasing a long position	10,455	5.4633 GBP
10p ordinary	CFD	increasing a long position	6,624	5.4637 GBP
10p ordinary	CFD	increasing a long position	1,856	5.4655 GBP
10p ordinary	CFD	increasing a long position	1,010	5.4692 GBP
10p ordinary	CFD	increasing a long position	235	5.4694 GBP
10p ordinary	CFD	increasing a short position	1,261	5.4140 GBP
10p ordinary	CFD	increasing a short position	2,097	5.4146 GBP
10p ordinary	CFD	increasing a short position	4,357	5.4146 GBP
10p ordinary	CFD	increasing a short position	214,243	5.4148 GBP
10p ordinary	CFD	increasing a short position	4,601	5.4177 GBP
10p ordinary	CFD	increasing a short position	7,595	5.4178 GBP
10p ordinary	CFD	increasing a short position	59	5.4236 GBP
10p ordinary	CFD	increasing a short position	19,804	5.4375 GBP
10p ordinary	CFD	increasing a short position	2,362	5.4425 GBP
10p ordinary	CFD	increasing a short position	15,000	5.4433 GBP
10p ordinary	CFD	increasing a short position	8,268	5.4449 GBP
10p ordinary	CFD	increasing a short position	1,816	5.4457 GBP
10p ordinary	CFD	increasing a short position	221	5.4482 GBP
10p ordinary	CFD	increasing a short position	2,098	5.4482 GBP
10p ordinary	CFD	increasing a short position	317	5.4492 GBP
10p ordinary	CFD	increasing a short position	13	5.4494 GBP
10p ordinary	CFD	increasing a short position	4,744	5.4504 GBP
10p ordinary	CFD	increasing a short position	3,566	5.4504 GBP
10p ordinary	CFD	increasing a short position	10,185	5.4510 GBP
10p ordinary	CFD	increasing a short position	4,904	5.4510 GBP
10p ordinary	CFD	increasing a short position	24,061	5.4520 GBP
10p ordinary	CFD	increasing a short position	5,296	5.4533 GBP
10p ordinary	CFD	increasing a short position	8,731	5.4544 GBP
10p ordinary	CFD	increasing a short position	501	5.4607 GBP
10p ordinary	CFD	increasing a short position	2,471	5.4636 GBP
10p ordinary	CFD	increasing a short position	35,700	5.4669 GBP
10p ordinary	CFD	increasing a short position	1,768	5.4692 GBP
10p ordinary	CFD	increasing a short position	1,119	5.4694 GBP
10p ordinary	CFD	increasing a short position	9,496	5.4798 GBP
10p ordinary	CFD	reducing a long position	1,107	5.4140 GBP
10p ordinary	CFD	reducing a long position	1,368	5.4140 GBP
10p ordinary	CFD	reducing a long position	1,021	5.4140 GBP
10p ordinary	CFD	reducing a long position	11,685	5.4140 GBP
10p ordinary	CFD	reducing a long position	26,039	5.4140 GBP
10p ordinary	CFD	reducing a long position	21,703	5.4203 GBP
10p ordinary	CFD	reducing a long position	1,719	5.4318 GBP
10p ordinary	CFD	reducing a long position	7,359	5.4504 GBP
10p ordinary	CFD	reducing a long position	14,720	5.4520 GBP
10p ordinary	CFD	reducing a long position	1	5.4601 GBP
10p ordinary	CFD	reducing a long position	1,820	5.4606 GBP
10p ordinary	CFD	reducing a long position	8,221	5.4607 GBP
10p ordinary	CFD	reducing a long position	132	5.4700 GBP
10p ordinary	CFD	reducing a short position	3,468	5.4140 GBP
10p ordinary	CFD	reducing a short position	11,372	5.4140 GBP
10p ordinary	CFD	reducing a short position	1,528	5.4140 GBP
10p ordinary	CFD	reducing a short position	3,032	5.4140 GBP
10p ordinary	CFD	reducing a short position	11,196	5.4140 GBP
10p ordinary	CFD	reducing a short position	28	5.4140 GBP
10p ordinary	CFD	reducing a short position	73	5.4140 GBP
10p ordinary	CFD	reducing a short position	117	5.4140 GBP
10p ordinary	CFD	reducing a short position	2,373	5.4254 GBP
10p ordinary	CFD	reducing a short position	1,119	5.4416 GBP
10p ordinary	CFD	reducing a short position	3,066	5.4481 GBP
10p ordinary	CFD	reducing a short position	9,204	5.4519 GBP
10p ordinary	CFD	reducing a short position	8,159	5.4534 GBP
10p ordinary	CFD	reducing a short position	166	5.4548 GBP
10p ordinary	CFD	reducing a short position	13	5.4553 GBP
10p ordinary	CFD	reducing a short position	4,753	5.4577 GBP
10p ordinary	CFD	reducing a short position	500	5.4584 GBP
10p ordinary	CFD	reducing a short position	10,602	5.4586 GBP
10p ordinary	CFD	reducing a short position	1,885	5.4586 GBP
10p ordinary	CFD	reducing a short position	24,061	5.4622 GBP
10p ordinary	CFD	reducing a short position	10,583	5.4622 GBP
10p ordinary	CFD	reducing a short position	1,768	5.4639 GBP
10p ordinary	CFD	reducing a short position	2,271	5.4676 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:	16 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