Form 8.5 (EPT/RI) - Redrow plc

UBS AG (EPT)

11 April 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:	Barratt Developments connected to UBS
(d) Date dealing undertaken:	10 April 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

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	281349	6.64506        GBP	6.40000        GBP
10.5p ordinary	Sell	73464	6.64506        GBP	6.40000        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	5051	6.49039002177787        GBP
10.5p ordinary	CFD	Long	3736	6.42456638115632        GBP
10.5p ordinary	CFD	Long	116	6.434871        GBP
10.5p ordinary	CFD	Long	2958	6.4908553076403        GBP
10.5p ordinary	CFD	Long	7420	6.438894        GBP
10.5p ordinary	CFD	Long	16	6.425        GBP
10.5p ordinary	CFD	Long	26331	6.61584785993696        GBP
10.5p ordinary	CFD	Short	1407	6.43        GBP
10.5p ordinary	CFD	Short	32950	6.61831381        GBP
10.5p ordinary	CFD	Short	200316	6.53212544        GBP
10.5p ordinary	CFD	Short	6266	6.4281847        GBP
10.5p ordinary	CFD	Short	353	6.504844        GBP
10.5p ordinary	CFD	Short	398	6.6105        GBP
10.5p ordinary	CFD	Short	10261	6.43008038        GBP
10.5p ordinary	CFD	Short	337	6.59287834        GBP
10.5p ordinary	CFD	Short	70	6.510697        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:	11 April 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