Form 8.5 (EPT/RI) - Barratt Developments plc

UBS AG (EPT)
21 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:

UBS Investment Bank, London

(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:

            20 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"

NO

 

 

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

Buy

 

1101658

5.62599  GBP

5.48978 GBP

10p ordinary

Sell

 

1267381

5.63600  GBP

5.48928  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

 

Long

3043

5.5415        GBP

10p ordinary

CFD

 

Long

56709

5.49        GBP

10p ordinary

CFD

 

Long

4987

5.556894        GBP

10p ordinary

CFD

 

Long

171

5.543743        GBP

10p ordinary

CFD

 

Long

124

5.56902977951613        GBP

10p ordinary

CFD

 

Long

217753

5.54        GBP

10p ordinary

CFD

 

Long

698

5.59292837        GBP

10p ordinary

CFD

 

Long

2676

5.60591555        GBP

10p ordinary

CFD

 

Long

3973

5.54156053328719        GBP

10p ordinary

CFD

 

Long

11009

5.51202007        GBP

10p ordinary

CFD

 

Long

57119

5.50653698458411        GBP

10p ordinary

CFD

 

Long

174335

5.53031011        GBP

10p ordinary

CFD

 

Long

1699

5.55461918457328        GBP

10p ordinary

CFD

 

Long

133

5.548        GBP

10p ordinary

CFD

 

Long

1582

5.48917825537295        GBP

10p ordinary

CFD

 

Long

819

5.529455        GBP

10p ordinary

CFD

 

Long

332

5.55993674        GBP

10p ordinary

CFD

 

Long

724

5.58573619        GBP

10p ordinary

CFD

 

Long

229540

5.528373        GBP

10p ordinary

CFD

 

Long

1318

5.53525189650986        GBP

10p ordinary

CFD

 

Long

667

5.506        GBP

10p ordinary

CFD

 

Long

259

5.518228        GBP

10p ordinary

CFD

 

Long

772

5.568        GBP

10p ordinary

CFD

 

Long

9744

5.55914203432369        GBP

10p ordinary

CFD

 

Long

2135

5.55110866639813        GBP

10p ordinary

CFD

 

Long

27083

5.526263        GBP

10p ordinary

CFD

 

Short

8600

5.52002326        GBP

10p ordinary

CFD

 

Short

20920

5.51478193        GBP

10p ordinary

CFD

 

Short

1000

5.515        GBP

10p ordinary

CFD

 

Short

6124

5.60715088177662        GBP

10p ordinary

CFD

 

Short

300

5.567        GBP

10p ordinary

CFD

 

Short

78

5.563        GBP

10p ordinary

CFD

 

Short

48133

5.534699        GBP

10p ordinary

CFD

 

Short

12661

5.60715219966827        GBP

10p ordinary

CFD

 

Short

1795

5.504        GBP

10p ordinary

CFD

 

Short

2905

5.49038554216867        GBP

10p ordinary

CFD

 

Short

537

5.502        GBP

10p ordinary

CFD

 

Short

34

5.54394118        GBP

10p ordinary

CFD

 

Short

236

5.54440678        GBP

10p ordinary

CFD

 

Short

796

5.53502763599246        GBP

10p ordinary

CFD

 

Short

33253

5.49187896106577        GBP

10p ordinary

CFD

 

Short

6549

5.490082        GBP

10p ordinary

CFD

 

Short

1840

5.50898533        GBP

10p ordinary

CFD

 

Short

5153

5.51462953875995        GBP

10p ordinary

CFD

 

Short

20817

5.50677072051448        GBP

10p ordinary

CFD

 

Short

17461

5.50697705        GBP

10p ordinary

CFD

 

Short

26218

5.490275        GBP

10p ordinary

CFD

 

Short

8921

5.50890518        GBP

10p ordinary

CFD

 

Short

8864

5.52920239        GBP

10p ordinary

CFD

 

Short

5351

5.51091228        GBP

10p ordinary

CFD

 

Short

1286

5.52050446        GBP

10p ordinary

CFD

 

Short

30548

5.49271998        GBP

10p ordinary

CFD

 

Short

1026

5.51223586988304        GBP

10p ordinary

CFD

 

Short

32000

5.5230306278        GBP

10p ordinary

CFD

 

Short

6427

5.49        GBP

10p ordinary

CFD

 

Short

235920

5.5234687316        GBP

10p ordinary

CFD

 

Short

15758

5.52915916        GBP

10p ordinary

CFD

 

Short

72978

5.51508016388967        GBP

10p ordinary

CFD

 

Short

6520

5.493635        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

10p ordinary

Call

Purchasing

12532

5.919        GBP

European

17 September 2024

0.0329        GBP

10p ordinary

Call

Selling

12532

5.919        GBP

European

17 September 2024

0.0329        GBP

10p ordinary

Call

Purchasing

12532

5.919        GBP

European

17 September 2024

0.0329        GBP

 

(ii)        Exercise

 

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

 

 

 

 

 

 

 

(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)

 

 

 

 

 

 

 

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:

21 August 2024

Contact name:

Richard Howard

Telephone number:

+44 (0)207 568 9128

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk

 

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.

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