Form 8.5 (EPT/RI)- Barratt Developments plc

Morgan Stanley & Co. Int'l plc

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:	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:	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"	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	4,295,500	5.0220 GBP	4.8610 GBP
10p ordinary	SALES	2,225,861	5.0480 GBP	4.8610 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	21,600	4.8750 GBP
10p ordinary	CFD	increasing a long position	585	4.8750 GBP
10p ordinary	CFD	increasing a long position	13,318	4.8765 GBP
10p ordinary	CFD	increasing a long position	4,861	4.8792 GBP
10p ordinary	CFD	increasing a long position	49,950	4.8907 GBP
10p ordinary	CFD	increasing a long position	6,129	4.8984 GBP
10p ordinary	CFD	increasing a long position	9,598	4.9049 GBP
10p ordinary	CFD	increasing a long position	3,869	4.9131 GBP
10p ordinary	CFD	increasing a long position	26,530	4.9168 GBP
10p ordinary	CFD	increasing a long position	40,456	4.9288 GBP
10p ordinary	CFD	increasing a long position	874	4.9329 GBP
10p ordinary	CFD	increasing a long position	24,488	4.9426 GBP
10p ordinary	CFD	increasing a long position	1,996	4.9430 GBP
10p ordinary	CFD	increasing a long position	13,887	4.9479 GBP
10p ordinary	CFD	increasing a long position	3,336	4.9555 GBP
10p ordinary	CFD	increasing a long position	19,896	4.9557 GBP
10p ordinary	CFD	increasing a long position	47,849	4.9558 GBP
10p ordinary	CFD	increasing a long position	100,224	4.9644 GBP
10p ordinary	CFD	increasing a long position	80	4.9819 GBP
10p ordinary	CFD	increasing a long position	920	5.0012 GBP
10p ordinary	CFD	increasing a short position	478	4.8750 GBP
10p ordinary	CFD	increasing a short position	176,718	4.8852 GBP
10p ordinary	CFD	increasing a short position	94,254	4.8952 GBP
10p ordinary	CFD	increasing a short position	90,079	4.9087 GBP
10p ordinary	CFD	increasing a short position	601	4.9166 GBP
10p ordinary	CFD	increasing a short position	44	4.9171 GBP
10p ordinary	CFD	increasing a short position	2,955	4.9186 GBP
10p ordinary	CFD	increasing a short position	51,391	4.9221 GBP
10p ordinary	CFD	increasing a short position	7,967	4.9287 GBP
10p ordinary	CFD	increasing a short position	550	4.9341 GBP
10p ordinary	CFD	increasing a short position	111,162	4.9357 GBP
10p ordinary	CFD	increasing a short position	17,744	4.9369 GBP
10p ordinary	CFD	increasing a short position	2,058	4.9369 GBP
10p ordinary	CFD	increasing a short position	4,201	4.9411 GBP
10p ordinary	CFD	increasing a short position	7,695	4.9493 GBP
10p ordinary	CFD	increasing a short position	7,109	4.9497 GBP
10p ordinary	CFD	increasing a short position	3,559	4.9497 GBP
10p ordinary	CFD	increasing a short position	118,999	4.9509 GBP
10p ordinary	CFD	increasing a short position	214	4.9515 GBP
10p ordinary	CFD	increasing a short position	1,078,064	4.9554 GBP
10p ordinary	CFD	increasing a short position	22,066	4.9577 GBP
10p ordinary	CFD	increasing a short position	12,349	4.9580 GBP
10p ordinary	CFD	increasing a short position	28,010	4.9580 GBP
10p ordinary	CFD	increasing a short position	5,411	4.9597 GBP
10p ordinary	CFD	increasing a short position	7,472	4.9598 GBP
10p ordinary	CFD	increasing a short position	8,638	4.9621 GBP
10p ordinary	CFD	increasing a short position	27,037	4.9630 GBP
10p ordinary	CFD	increasing a short position	260,807	4.9642 GBP
10p ordinary	CFD	increasing a short position	3,734	4.9736 GBP
10p ordinary	CFD	increasing a short position	3,284	4.9745 GBP
10p ordinary	CFD	increasing a short position	2,500	4.9818 GBP
10p ordinary	CFD	increasing a short position	2,854	5.0000 GBP
10p ordinary	CFD	increasing a short position	408	5.0000 GBP
10p ordinary	CFD	increasing a short position	1,359	5.0000 GBP
10p ordinary	CFD	reducing a long position	17,621	4.8747 GBP
10p ordinary	CFD	reducing a long position	13,825	4.8747 GBP
10p ordinary	CFD	reducing a long position	7	4.8750 GBP
10p ordinary	CFD	reducing a long position	14,192	4.8750 GBP
10p ordinary	CFD	reducing a long position	26,503	4.8750 GBP
10p ordinary	CFD	reducing a long position	13,750	4.8762 GBP
10p ordinary	CFD	reducing a long position	12,532	4.8853 GBP
10p ordinary	CFD	reducing a long position	577	4.8872 GBP
10p ordinary	CFD	reducing a long position	531	4.8881 GBP
10p ordinary	CFD	reducing a long position	14	4.8984 GBP
10p ordinary	CFD	reducing a long position	38,608	4.9016 GBP
10p ordinary	CFD	reducing a long position	73,449	4.9082 GBP
10p ordinary	CFD	reducing a long position	79,800	4.9169 GBP
10p ordinary	CFD	reducing a long position	4	4.9315 GBP
10p ordinary	CFD	reducing a long position	1,999	4.9349 GBP
10p ordinary	CFD	reducing a long position	290,710	4.9357 GBP
10p ordinary	CFD	reducing a long position	768	4.9409 GBP
10p ordinary	CFD	reducing a long position	51	4.9441 GBP
10p ordinary	CFD	reducing a long position	4,861	4.9481 GBP
10p ordinary	CFD	reducing a long position	1,000	4.9597 GBP
10p ordinary	CFD	reducing a long position	75,839	4.9648 GBP
10p ordinary	CFD	reducing a long position	585	5.0000 GBP
10p ordinary	CFD	reducing a short position	2,854	4.8750 GBP
10p ordinary	CFD	reducing a short position	1,499	4.8750 GBP
10p ordinary	CFD	reducing a short position	112,105	4.8792 GBP
10p ordinary	CFD	reducing a short position	125,552	4.8857 GBP
10p ordinary	CFD	reducing a short position	80,297	4.8907 GBP
10p ordinary	CFD	reducing a short position	3,284	4.9045 GBP
10p ordinary	CFD	reducing a short position	1,878	4.9130 GBP
10p ordinary	CFD	reducing a short position	214	4.9399 GBP
10p ordinary	CFD	reducing a short position	22,091	4.9463 GBP
10p ordinary	CFD	reducing a short position	50,105	4.9463 GBP
10p ordinary	CFD	reducing a short position	5,637	4.9490 GBP
10p ordinary	CFD	reducing a short position	1	4.9500 GBP
10p ordinary	CFD	reducing a short position	10,761	4.9555 GBP
10p ordinary	CFD	reducing a short position	1,835	4.9558 GBP
10p ordinary	CFD	reducing a short position	2,500	4.9589 GBP
10p ordinary	CFD	reducing a short position	27,037	4.9612 GBP
10p ordinary	CFD	reducing a short position	3,734	4.9719 GBP
10p ordinary	CFD	reducing a short position	959	4.9723 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:	09 February 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