Form 8.5 (EPT/RI)-Replacement of Barratt

Morgan Stanley & Co. Int'l plc

05 August 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 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	SALES	1,995,974	5.3480 GBP	5.2540 GBP
10p ordinary	PURCHASES	2,214,968	5.3500 GBP	5.2420 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	430	5.2589 GBP
10p ordinary	CFD	increasing a long position	13	5.2700 GBP
10p ordinary	CFD	increasing a long position	4,999	5.2892 GBP
10p ordinary	CFD	increasing a long position	1,735	5.2917 GBP
10p ordinary	CFD	increasing a long position	17,146	5.3145 GBP
10p ordinary	CFD	increasing a long position	16,396	5.3161 GBP
10p ordinary	CFD	increasing a long position	129	5.3163 GBP
10p ordinary	CFD	increasing a long position	13,948	5.3192 GBP
10p ordinary	CFD	increasing a long position	5,975	5.3236 GBP
10p ordinary	CFD	increasing a long position	2,011	5.3249 GBP
10p ordinary	CFD	increasing a long position	1,600	5.3268 GBP
10p ordinary	CFD	increasing a long position	2,541	5.3303 GBP
10p ordinary	CFD	increasing a long position	315	5.3333 GBP
10p ordinary	CFD	increasing a long position	240	5.3338 GBP
10p ordinary	CFD	increasing a long position	24,687	5.3400 GBP
10p ordinary	CFD	increasing a long position	300	5.3400 GBP
10p ordinary	CFD	increasing a long position	531	5.3400 GBP
10p ordinary	CFD	increasing a short position	10	5.2512 GBP
10p ordinary	CFD	increasing a short position	4,386	5.2549 GBP
10p ordinary	CFD	increasing a short position	1,088	5.2593 GBP
10p ordinary	CFD	increasing a short position	18	5.2614 GBP
10p ordinary	CFD	increasing a short position	115	5.2615 GBP
10p ordinary	CFD	increasing a short position	3,133	5.2689 GBP
10p ordinary	CFD	increasing a short position	827	5.2851 GBP
10p ordinary	CFD	increasing a short position	137	5.2852 GBP
10p ordinary	CFD	increasing a short position	13,220	5.2898 GBP
10p ordinary	CFD	increasing a short position	1,305	5.2921 GBP
10p ordinary	CFD	increasing a short position	2,288	5.2938 GBP
10p ordinary	CFD	increasing a short position	1,059	5.2951 GBP
10p ordinary	CFD	increasing a short position	33,869	5.3023 GBP
10p ordinary	CFD	increasing a short position	1,866	5.3029 GBP
10p ordinary	CFD	increasing a short position	388	5.3029 GBP
10p ordinary	CFD	increasing a short position	702	5.3029 GBP
10p ordinary	CFD	increasing a short position	6,438	5.3029 GBP
10p ordinary	CFD	increasing a short position	882	5.3029 GBP
10p ordinary	CFD	increasing a short position	56,464	5.3109 GBP
10p ordinary	CFD	increasing a short position	2,195	5.3110 GBP
10p ordinary	CFD	increasing a short position	1,747	5.3110 GBP
10p ordinary	CFD	increasing a short position	16,016	5.3110 GBP
10p ordinary	CFD	increasing a short position	966	5.3110 GBP
10p ordinary	CFD	increasing a short position	4,644	5.3110 GBP
10p ordinary	CFD	increasing a short position	162	5.3166 GBP
10p ordinary	CFD	increasing a short position	121,200	5.3214 GBP
10p ordinary	CFD	increasing a short position	184	5.3219 GBP
10p ordinary	CFD	increasing a short position	2,206	5.3219 GBP
10p ordinary	CFD	increasing a short position	591	5.3247 GBP
10p ordinary	CFD	increasing a short position	8,033	5.3247 GBP
10p ordinary	CFD	increasing a short position	12,470	5.3288 GBP
10p ordinary	CFD	increasing a short position	3,874	5.3301 GBP
10p ordinary	CFD	increasing a short position	457	5.3320 GBP
10p ordinary	CFD	increasing a short position	8,636	5.3374 GBP
10p ordinary	CFD	increasing a short position	1,797	5.3374 GBP
10p ordinary	CFD	increasing a short position	4,082	5.3374 GBP
10p ordinary	CFD	increasing a short position	87,845	5.3374 GBP
10p ordinary	CFD	increasing a short position	29,781	5.3374 GBP
10p ordinary	CFD	increasing a short position	3,248	5.3374 GBP
10p ordinary	CFD	increasing a short position	279	5.3395 GBP
10p ordinary	CFD	increasing a short position	47,318	5.3398 GBP
10p ordinary	CFD	increasing a short position	49	5.3400 GBP
10p ordinary	CFD	increasing a short position	1,053	5.3400 GBP
10p ordinary	CFD	reducing a long position	2,997	5.2549 GBP
10p ordinary	CFD	reducing a long position	342	5.2729 GBP
10p ordinary	CFD	reducing a long position	430	5.2921 GBP
10p ordinary	CFD	reducing a long position	36	5.2960 GBP
10p ordinary	CFD	reducing a long position	231	5.2991 GBP
10p ordinary	CFD	reducing a long position	17,381	5.3030 GBP
10p ordinary	CFD	reducing a long position	2,323	5.3064 GBP
10p ordinary	CFD	reducing a long position	20,392	5.3109 GBP
10p ordinary	CFD	reducing a long position	4,999	5.3123 GBP
10p ordinary	CFD	reducing a long position	5,975	5.3166 GBP
10p ordinary	CFD	reducing a long position	3,823	5.3194 GBP
10p ordinary	CFD	reducing a long position	129	5.3219 GBP
10p ordinary	CFD	reducing a long position	16,396	5.3220 GBP
10p ordinary	CFD	reducing a long position	13,892	5.3243 GBP
10p ordinary	CFD	reducing a long position	10,363	5.3353 GBP
10p ordinary	CFD	reducing a long position	1,975	5.3400 GBP
10p ordinary	CFD	reducing a long position	2,316	5.3400 GBP
10p ordinary	CFD	reducing a short position	768	5.2616 GBP
10p ordinary	CFD	reducing a short position	1,523	5.2965 GBP
10p ordinary	CFD	reducing a short position	3,128	5.2969 GBP
10p ordinary	CFD	reducing a short position	162	5.2970 GBP
10p ordinary	CFD	reducing a short position	7,298	5.3110 GBP
10p ordinary	CFD	reducing a short position	56,464	5.3145 GBP
10p ordinary	CFD	reducing a short position	1,900	5.3171 GBP
10p ordinary	CFD	reducing a short position	1,305	5.3192 GBP
10p ordinary	CFD	reducing a short position	2,293	5.3236 GBP
10p ordinary	CFD	reducing a short position	6,873	5.3333 GBP
10p ordinary	CFD	reducing a short position	4,053	5.3338 GBP
10p ordinary	CFD	reducing a short position	5,276	5.3343 GBP
10p ordinary	CFD	reducing a short position	470	5.3359 GBP
10p ordinary	CFD	reducing a short position	23,979	5.3377 GBP
10p ordinary	CFD	reducing a short position	289	5.3400 GBP
10p ordinary	CFD	reducing a short position	184	5.3400 GBP
10p ordinary	CFD	reducing a short position	9,661	5.3402 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:	05 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