Form 8.5 (EPT/RI) - Redrow Plc

UBS AG (EPT)

09 February 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	Redrow plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Redrow plc
(d) Date dealing undertaken:	08 February 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
10.5p ordinary	Buy	990268	6.91000        GBP	6.73486        GBP
10.5p ordinary	Sell	551453	6.94204        GBP	6.73466        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
10.5p ordinary	CFD	Long	791	6.82524111        GBP
10.5p ordinary	CFD	Long	3016	6.734662        GBP
10.5p ordinary	CFD	Long	1097	6.734667        GBP
10.5p ordinary	CFD	Long	6890	6.8216975094        GBP
10.5p ordinary	CFD	Long	32600	6.89128742331288        GBP
10.5p ordinary	CFD	Long	855	6.735        GBP
10.5p ordinary	CFD	Long	68	6.894572        GBP
10.5p ordinary	CFD	Long	16927	6.94204821        GBP
10.5p ordinary	CFD	Long	2285	6.87234        GBP
10.5p ordinary	CFD	Long	787	6.91033036848793        GBP
10.5p ordinary	CFD	Long	2315	6.89662634989201        GBP
10.5p ordinary	CFD	Long	20943	6.818083        GBP
10.5p ordinary	CFD	Long	36401	6.78362827        GBP
10.5p ordinary	CFD	Short	115869	6.90662257        GBP
10.5p ordinary	CFD	Short	55075	6.90976305        GBP
10.5p ordinary	CFD	Short	3062	6.800666        GBP
10.5p ordinary	CFD	Short	4992	6.845938        GBP
10.5p ordinary	CFD	Short	2296	6.735335        GBP
10.5p ordinary	CFD	Short	200000	6.86703        GBP
10.5p ordinary	CFD	Short	120000	6.90595        GBP
10.5p ordinary	CFD	Short	8503	6.879242        GBP
10.5p ordinary	CFD	Short	20000	6.735        GBP
10.5p ordinary	CFD	Short	9417	6.742324        GBP
10.5p ordinary	CFD	Short	13558	6.84480601858681        GBP
10.5p ordinary	CFD	Short	11544	6.851255        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

(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:	09 February 2024
Contact name:	Richard Howard
Telephone number:	[phone]

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 [e-mail]

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