Form 8.5 (EPT/RI)-Replacement of Barratt

Morgan Stanley & Co. Int'l plc

07 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:	05 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	1,666,185	5.1240 GBP	5.0280 GBP
10p ordinary	PURCHASES	1,731,723	5.1260 GBP	5.0260 GBP
10p ordinary	SALES	171,809	6.4958 USD	6.4958 USD

(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	960	5.0500 GBP
10p ordinary	CFD	increasing a long position	1,128	5.0636 GBP
10p ordinary	CFD	increasing a long position	191	5.0679 GBP
10p ordinary	CFD	increasing a long position	30,551	5.0715 GBP
10p ordinary	CFD	increasing a long position	600	5.0842 GBP
10p ordinary	CFD	increasing a long position	350,000	5.0873 GBP
10p ordinary	CFD	increasing a long position	17,480	5.0895 GBP
10p ordinary	CFD	increasing a long position	40,504	5.0914 GBP
10p ordinary	CFD	increasing a long position	1,030	5.0919 GBP
10p ordinary	CFD	increasing a long position	873	5.0920 GBP
10p ordinary	CFD	increasing a long position	171,809	5.0920 GBP
10p ordinary	CFD	increasing a long position	132	5.0920 GBP
10p ordinary	CFD	increasing a long position	1,259	5.0920 GBP
10p ordinary	CFD	increasing a long position	326	5.0920 GBP
10p ordinary	CFD	increasing a long position	12,268	5.0920 GBP
10p ordinary	CFD	increasing a long position	1,398	5.0953 GBP
10p ordinary	CFD	increasing a long position	178,181	5.1059 GBP
10p ordinary	CFD	increasing a long position	9,442	5.1101 GBP
10p ordinary	CFD	increasing a long position	2	5.1200 GBP
10p ordinary	CFD	increasing a short position	82,994	5.0329 GBP
10p ordinary	CFD	increasing a short position	14,865	5.0375 GBP
10p ordinary	CFD	increasing a short position	1,975	5.0451 GBP
10p ordinary	CFD	increasing a short position	551	5.0458 GBP
10p ordinary	CFD	increasing a short position	60	5.0458 GBP
10p ordinary	CFD	increasing a short position	33	5.0458 GBP
10p ordinary	CFD	increasing a short position	159	5.0458 GBP
10p ordinary	CFD	increasing a short position	75	5.0458 GBP
10p ordinary	CFD	increasing a short position	790	5.0519 GBP
10p ordinary	CFD	increasing a short position	1,672	5.0519 GBP
10p ordinary	CFD	increasing a short position	348	5.0519 GBP
10p ordinary	CFD	increasing a short position	5,766	5.0519 GBP
10p ordinary	CFD	increasing a short position	629	5.0519 GBP
10p ordinary	CFD	increasing a short position	805	5.0528 GBP
10p ordinary	CFD	increasing a short position	448	5.0535 GBP
10p ordinary	CFD	increasing a short position	4,107	5.0535 GBP
10p ordinary	CFD	increasing a short position	248	5.0535 GBP
10p ordinary	CFD	increasing a short position	1,191	5.0535 GBP
10p ordinary	CFD	increasing a short position	563	5.0535 GBP
10p ordinary	CFD	increasing a short position	36,000	5.0540 GBP
10p ordinary	CFD	increasing a short position	72,000	5.0555 GBP
10p ordinary	CFD	increasing a short position	4,546	5.0649 GBP
10p ordinary	CFD	increasing a short position	106	5.0677 GBP
10p ordinary	CFD	increasing a short position	68,974	5.0757 GBP
10p ordinary	CFD	increasing a short position	47	5.0764 GBP
10p ordinary	CFD	increasing a short position	101	5.0764 GBP
10p ordinary	CFD	increasing a short position	21	5.0764 GBP
10p ordinary	CFD	increasing a short position	351	5.0764 GBP
10p ordinary	CFD	increasing a short position	38	5.0764 GBP
10p ordinary	CFD	increasing a short position	51,411	5.0793 GBP
10p ordinary	CFD	increasing a short position	6,778	5.0823 GBP
10p ordinary	CFD	increasing a short position	49,371	5.0823 GBP
10p ordinary	CFD	increasing a short position	14,324	5.0823 GBP
10p ordinary	CFD	increasing a short position	2,984	5.0823 GBP
10p ordinary	CFD	increasing a short position	5,391	5.0823 GBP
10p ordinary	CFD	increasing a short position	202,500	5.0853 GBP
10p ordinary	CFD	increasing a short position	217	5.0872 GBP
10p ordinary	CFD	increasing a short position	75	5.0919 GBP
10p ordinary	CFD	increasing a short position	65,102	5.0920 GBP
10p ordinary	CFD	increasing a short position	1,566	5.0920 GBP
10p ordinary	CFD	increasing a short position	24,774	5.0920 GBP
10p ordinary	CFD	increasing a short position	1,781	5.0927 GBP
10p ordinary	CFD	increasing a short position	90	5.0963 GBP
10p ordinary	CFD	increasing a short position	307	5.0964 GBP
10p ordinary	CFD	increasing a short position	4,642	5.1004 GBP
10p ordinary	CFD	increasing a short position	15,421	5.1105 GBP
10p ordinary	CFD	increasing a short position	12	5.1121 GBP
10p ordinary	CFD	increasing a short position	26	5.1121 GBP
10p ordinary	CFD	increasing a short position	5	5.1121 GBP
10p ordinary	CFD	increasing a short position	92	5.1121 GBP
10p ordinary	CFD	increasing a short position	10	5.1121 GBP
10p ordinary	CFD	increasing a short position	11,060	5.1123 GBP
10p ordinary	CFD	increasing a short position	2	5.1125 GBP
10p ordinary	CFD	increasing a short position	4	5.1125 GBP
10p ordinary	CFD	increasing a short position	1	5.1125 GBP
10p ordinary	CFD	increasing a short position	1	5.1125 GBP
10p ordinary	CFD	increasing a short position	16	5.1125 GBP
10p ordinary	CFD	increasing a short position	121	5.1138 GBP
10p ordinary	CFD	increasing a short position	57	5.1138 GBP
10p ordinary	CFD	increasing a short position	25	5.1138 GBP
10p ordinary	CFD	increasing a short position	420	5.1138 GBP
10p ordinary	CFD	increasing a short position	45	5.1138 GBP
10p ordinary	CFD	increasing a short position	311	5.1186 GBP
10p ordinary	CFD	increasing a short position	1,494	5.1186 GBP
10p ordinary	CFD	increasing a short position	562	5.1186 GBP
10p ordinary	CFD	increasing a short position	5,153	5.1186 GBP
10p ordinary	CFD	increasing a short position	706	5.1186 GBP
10p ordinary	CFD	reducing a long position	3	5.0387 GBP
10p ordinary	CFD	reducing a long position	2,142	5.0495 GBP
10p ordinary	CFD	reducing a long position	9,558	5.0649 GBP
10p ordinary	CFD	reducing a long position	1,259	5.0740 GBP
10p ordinary	CFD	reducing a long position	2,083	5.0757 GBP
10p ordinary	CFD	reducing a long position	15,322	5.0788 GBP
10p ordinary	CFD	reducing a long position	3,823	5.0849 GBP
10p ordinary	CFD	reducing a long position	23,765	5.0856 GBP
10p ordinary	CFD	reducing a long position	30,551	5.0864 GBP
10p ordinary	CFD	reducing a long position	2	5.0872 GBP
10p ordinary	CFD	reducing a long position	4,323	5.0876 GBP
10p ordinary	CFD	reducing a long position	13,393	5.0920 GBP
10p ordinary	CFD	reducing a long position	361	5.1061 GBP
10p ordinary	CFD	reducing a short position	12,859	5.0606 GBP
10p ordinary	CFD	reducing a short position	15,773	5.0881 GBP
10p ordinary	CFD	reducing a short position	68,974	5.0895 GBP
10p ordinary	CFD	reducing a short position	1,691	5.0911 GBP
10p ordinary	CFD	reducing a short position	16,046	5.0911 GBP
10p ordinary	CFD	reducing a short position	217	5.0920 GBP
10p ordinary	CFD	reducing a short position	345	5.0920 GBP
10p ordinary	CFD	reducing a short position	3,981	5.1085 GBP
10p ordinary	CFD	reducing a short position	2,411	5.1086 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:	07 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