Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc
03 July 2024
 

AMENDMENT(2(a), 2(b))

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:

01 July 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

 

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

1,808,829

4.8380 GBP

4.7698 GBP

10p ordinary

SALES

2,200,712

4.8385 GBP

4.7714 GBP

10p ordinary

PURCHASES

7,896

5.6350 EUR

5.6350 EUR

 

(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

24,695

4.7220 GBP

10p ordinary

CFD

increasing a long position

58,613

4.7700 GBP

10p ordinary

CFD

increasing a long position

313

4.7780 GBP

10p ordinary

CFD

increasing a long position

4

4.7780 GBP

10p ordinary

CFD

increasing a long position

32,332

4.7780 GBP

10p ordinary

CFD

increasing a long position

4,700

4.7780 GBP

10p ordinary

CFD

increasing a long position

12,253

4.7901 GBP

10p ordinary

CFD

increasing a long position

20,616

4.7901 GBP

10p ordinary

CFD

increasing a long position

56,097

4.7901 GBP

10p ordinary

CFD

increasing a long position

24,018

4.7928 GBP

10p ordinary

CFD

increasing a long position

5,543

4.7956 GBP

10p ordinary

CFD

increasing a long position

71

4.7986 GBP

10p ordinary

CFD

increasing a long position

149

4.7987 GBP

10p ordinary

CFD

increasing a long position

7,646

4.7989 GBP

10p ordinary

CFD

increasing a long position

10,877

4.8042 GBP

10p ordinary

CFD

increasing a short position

146

4.7780 GBP

10p ordinary

CFD

increasing a short position

515

4.7780 GBP

10p ordinary

CFD

increasing a short position

366

4.7780 GBP

10p ordinary

CFD

increasing a short position

7,896

4.7802 GBP

10p ordinary

CFD

increasing a short position

757

4.7829 GBP

10p ordinary

CFD

increasing a short position

51

4.7850 GBP

10p ordinary

CFD

increasing a short position

23

4.7976 GBP

10p ordinary

CFD

increasing a short position

1,264

4.8002 GBP

10p ordinary

CFD

increasing a short position

1,265

4.8005 GBP

10p ordinary

CFD

increasing a short position

19,060

4.8041 GBP

10p ordinary

CFD

increasing a short position

43,222

4.8050 GBP

10p ordinary

CFD

increasing a short position

1,736

4.8091 GBP

10p ordinary

CFD

increasing a short position

3,673

4.8091 GBP

10p ordinary

CFD

increasing a short position

1,825

4.8092 GBP

10p ordinary

CFD

increasing a short position

91,035

4.8117 GBP

10p ordinary

CFD

increasing a short position

1,036

4.8186 GBP

10p ordinary

CFD

increasing a short position

857

4.8193 GBP

10p ordinary

CFD

increasing a short position

343

4.8297 GBP

10p ordinary

CFD

reducing a long position

24,695

4.7220 GBP

10p ordinary

CFD

reducing a long position

399

4.7700 GBP

10p ordinary

CFD

reducing a long position

313

4.7700 GBP

10p ordinary

CFD

reducing a long position

798

4.7780 GBP

10p ordinary

CFD

reducing a long position

1,141

4.7780 GBP

10p ordinary

CFD

reducing a long position

1,533

4.7780 GBP

10p ordinary

CFD

reducing a long position

6,938

4.7915 GBP

10p ordinary

CFD

reducing a long position

464

4.7916 GBP

10p ordinary

CFD

reducing a long position

3,344

4.7953 GBP

10p ordinary

CFD

reducing a long position

7,646

4.8017 GBP

10p ordinary

CFD

reducing a long position

10,877

4.8053 GBP

10p ordinary

CFD

reducing a long position

71

4.8091 GBP

10p ordinary

CFD

reducing a long position

149

4.8091 GBP

10p ordinary

CFD

reducing a long position

72,658

4.8202 GBP

10p ordinary

CFD

reducing a long position

239

4.8220 GBP

10p ordinary

CFD

reducing a short position

742

4.7779 GBP

10p ordinary

CFD

reducing a short position

2,056

4.7780 GBP

10p ordinary

CFD

reducing a short position

50,264

4.7780 GBP

10p ordinary

CFD

reducing a short position

101

4.7780 GBP

10p ordinary

CFD

reducing a short position

63,293

4.7780 GBP

10p ordinary

CFD

reducing a short position

435

4.7780 GBP

10p ordinary

CFD

reducing a short position

2,276

4.7820 GBP

10p ordinary

CFD

reducing a short position

8,997

4.7853 GBP

10p ordinary

CFD

reducing a short position

9,361

4.7900 GBP

10p ordinary

CFD

reducing a short position

500

4.7922 GBP

10p ordinary

CFD

reducing a short position

200

4.7922 GBP

10p ordinary

CFD

reducing a short position

1,200

4.7922 GBP

10p ordinary

CFD

reducing a short position

2,700

4.7922 GBP

10p ordinary

CFD

reducing a short position

41,400

4.7943 GBP

10p ordinary

CFD

reducing a short position

2,529

4.7952 GBP

10p ordinary

CFD

reducing a short position

94,000

4.7969 GBP

10p ordinary

CFD

reducing a short position

39,420

4.7977 GBP

10p ordinary

CFD

reducing a short position

3,628

4.7990 GBP

10p ordinary

CFD

reducing a short position

5,702

4.8058 GBP

10p ordinary

CFD

reducing a short position

2,122

4.8058 GBP

10p ordinary

CFD

reducing a short position

68,038

4.8061 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:

03 July 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.

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