Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

08 August 2024

 

AMENDMENT(2(a))

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:	06 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	690,843	5.1520 GBP	5.0495 GBP
10p ordinary	SALES	573,560	5.1585 GBP	5.0760 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	1,186	5.0967 GBP
10p ordinary	CFD	increasing a long position	54	5.0978 GBP
10p ordinary	CFD	increasing a long position	231	5.1079 GBP
10p ordinary	CFD	increasing a long position	8,260	5.1096 GBP
10p ordinary	CFD	increasing a long position	9,549	5.1192 GBP
10p ordinary	CFD	increasing a long position	9,642	5.1204 GBP
10p ordinary	CFD	increasing a long position	58,861	5.1208 GBP
10p ordinary	CFD	increasing a long position	9,901	5.1220 GBP
10p ordinary	CFD	increasing a long position	55	5.1220 GBP
10p ordinary	CFD	increasing a long position	352	5.1220 GBP
10p ordinary	CFD	increasing a long position	686	5.1250 GBP
10p ordinary	CFD	increasing a long position	11,648	5.1258 GBP
10p ordinary	CFD	increasing a long position	12	5.1280 GBP
10p ordinary	CFD	increasing a long position	3,286	5.1314 GBP
10p ordinary	CFD	increasing a long position	3,175	5.1489 GBP
10p ordinary	CFD	increasing a short position	104	5.0926 GBP
10p ordinary	CFD	increasing a short position	8,145	5.1066 GBP
10p ordinary	CFD	increasing a short position	33,576	5.1119 GBP
10p ordinary	CFD	increasing a short position	29,440	5.1160 GBP
10p ordinary	CFD	increasing a short position	139,200	5.1160 GBP
10p ordinary	CFD	increasing a short position	13,979	5.1201 GBP
10p ordinary	CFD	increasing a short position	61	5.1208 GBP
10p ordinary	CFD	increasing a short position	7,464	5.1219 GBP
10p ordinary	CFD	increasing a short position	18,859	5.1220 GBP
10p ordinary	CFD	increasing a short position	121	5.1220 GBP
10p ordinary	CFD	increasing a short position	40,623	5.1221 GBP
10p ordinary	CFD	increasing a short position	1,148	5.1230 GBP
10p ordinary	CFD	increasing a short position	599	5.1230 GBP
10p ordinary	CFD	increasing a short position	1,896	5.1231 GBP
10p ordinary	CFD	increasing a short position	2,555	5.1241 GBP
10p ordinary	CFD	increasing a short position	1,610	5.1380 GBP
10p ordinary	CFD	increasing a short position	772	5.1380 GBP
10p ordinary	CFD	reducing a long position	1,242	5.0909 GBP
10p ordinary	CFD	reducing a long position	12	5.0926 GBP
10p ordinary	CFD	reducing a long position	2,338	5.0933 GBP
10p ordinary	CFD	reducing a long position	9,549	5.1008 GBP
10p ordinary	CFD	reducing a long position	3,488	5.1015 GBP
10p ordinary	CFD	reducing a long position	6,466	5.1044 GBP
10p ordinary	CFD	reducing a long position	17,480	5.1066 GBP
10p ordinary	CFD	reducing a long position	156	5.1077 GBP
10p ordinary	CFD	reducing a long position	35,711	5.1083 GBP
10p ordinary	CFD	reducing a long position	4,740	5.1201 GBP
10p ordinary	CFD	reducing a long position	10,814	5.1220 GBP
10p ordinary	CFD	reducing a long position	16,296	5.1220 GBP
10p ordinary	CFD	reducing a long position	14	5.1260 GBP
10p ordinary	CFD	reducing a long position	3,175	5.1305 GBP
10p ordinary	CFD	reducing a long position	628	5.1312 GBP
10p ordinary	CFD	reducing a long position	4,175	5.1428 GBP
10p ordinary	CFD	reducing a short position	592	5.0819 GBP
10p ordinary	CFD	reducing a short position	96	5.1061 GBP
10p ordinary	CFD	reducing a short position	16	5.1062 GBP
10p ordinary	CFD	reducing a short position	23	5.1062 GBP
10p ordinary	CFD	reducing a short position	296	5.1134 GBP
10p ordinary	CFD	reducing a short position	19,283	5.1150 GBP
10p ordinary	CFD	reducing a short position	2,033	5.1150 GBP
10p ordinary	CFD	reducing a short position	8,258	5.1168 GBP
10p ordinary	CFD	reducing a short position	53,950	5.1212 GBP
10p ordinary	CFD	reducing a short position	4,610	5.1219 GBP
10p ordinary	CFD	reducing a short position	5,694	5.1220 GBP
10p ordinary	CFD	reducing a short position	104	5.1220 GBP
10p ordinary	CFD	reducing a short position	1	5.1220 GBP
10p ordinary	CFD	reducing a short position	9,188	5.1220 GBP
10p ordinary	CFD	reducing a short position	8,145	5.1258 GBP
10p ordinary	CFD	reducing a short position	1,021	5.1268 GBP
10p ordinary	CFD	reducing a short position	181	5.1297 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:	08 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