Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

12 August 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:	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:	09 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	696,143	5.2620 GBP	5.1547 GBP
10p ordinary	SALES	539,251	5.2640 GBP	5.1860 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	34,822	5.1026 GBP
10p ordinary	CFD	increasing a long position	4,038	5.1748 GBP
10p ordinary	CFD	increasing a long position	28	5.1860 GBP
10p ordinary	CFD	increasing a long position	554	5.2337 GBP
10p ordinary	CFD	increasing a long position	35,484	5.2352 GBP
10p ordinary	CFD	increasing a long position	526	5.2380 GBP
10p ordinary	CFD	increasing a long position	833	5.2380 GBP
10p ordinary	CFD	increasing a long position	13,709	5.2400 GBP
10p ordinary	CFD	increasing a long position	15,650	5.2402 GBP
10p ordinary	CFD	increasing a long position	469	5.2422 GBP
10p ordinary	CFD	increasing a long position	271	5.2422 GBP
10p ordinary	CFD	increasing a long position	99	5.2422 GBP
10p ordinary	CFD	increasing a short position	1,451	5.1780 GBP
10p ordinary	CFD	increasing a short position	76	5.1786 GBP
10p ordinary	CFD	increasing a short position	527	5.2169 GBP
10p ordinary	CFD	increasing a short position	1,681	5.2173 GBP
10p ordinary	CFD	increasing a short position	1,626	5.2295 GBP
10p ordinary	CFD	increasing a short position	44	5.2328 GBP
10p ordinary	CFD	increasing a short position	36,430	5.2329 GBP
10p ordinary	CFD	increasing a short position	2,469	5.2337 GBP
10p ordinary	CFD	increasing a short position	261	5.2337 GBP
10p ordinary	CFD	increasing a short position	22,624	5.2351 GBP
10p ordinary	CFD	increasing a short position	2,285	5.2364 GBP
10p ordinary	CFD	increasing a short position	8,179	5.2370 GBP
10p ordinary	CFD	increasing a short position	770	5.2380 GBP
10p ordinary	CFD	increasing a short position	110	5.2380 GBP
10p ordinary	CFD	increasing a short position	1,334	5.2380 GBP
10p ordinary	CFD	increasing a short position	361	5.2380 GBP
10p ordinary	CFD	increasing a short position	101,563	5.2381 GBP
10p ordinary	CFD	increasing a short position	158	5.2381 GBP
10p ordinary	CFD	increasing a short position	20	5.2385 GBP
10p ordinary	CFD	increasing a short position	561	5.2388 GBP
10p ordinary	CFD	increasing a short position	18,728	5.2427 GBP
10p ordinary	CFD	increasing a short position	4,953	5.2450 GBP
10p ordinary	CFD	increasing a short position	4,056	5.2468 GBP
10p ordinary	CFD	increasing a short position	425	5.2524 GBP
10p ordinary	CFD	reducing a long position	7	5.2320 GBP
10p ordinary	CFD	reducing a long position	4,200	5.2323 GBP
10p ordinary	CFD	reducing a long position	881	5.2380 GBP
10p ordinary	CFD	reducing a long position	28	5.2380 GBP
10p ordinary	CFD	reducing a long position	547	5.2380 GBP
10p ordinary	CFD	reducing a long position	300	5.2410 GBP
10p ordinary	CFD	reducing a long position	6,417	5.2427 GBP
10p ordinary	CFD	reducing a long position	12,591	5.2430 GBP
10p ordinary	CFD	reducing a short position	4,056	5.2158 GBP
10p ordinary	CFD	reducing a short position	419	5.2323 GBP
10p ordinary	CFD	reducing a short position	254	5.2324 GBP
10p ordinary	CFD	reducing a short position	1,032	5.2356 GBP
10p ordinary	CFD	reducing a short position	7,252	5.2358 GBP
10p ordinary	CFD	reducing a short position	1,451	5.2380 GBP
10p ordinary	CFD	reducing a short position	186	5.2380 GBP
10p ordinary	CFD	reducing a short position	1,920	5.2380 GBP
10p ordinary	CFD	reducing a short position	8,179	5.2392 GBP
10p ordinary	CFD	reducing a short position	33	5.2412 GBP
10p ordinary	CFD	reducing a short position	344	5.2422 GBP
10p ordinary	CFD	reducing a short position	10,889	5.2480 GBP
10p ordinary	CFD	reducing a short position	66	5.2495 GBP
10p ordinary	CFD	reducing a short position	32	5.2497 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:	12 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