Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

14 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	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:	13 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
10p ordinary	Buy	842214	4.88549        GBP	4.65200        GBP
10p ordinary	Sell	1747911	4.88548        GBP	4.65200        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	Long	136853	4.6961        GBP
10p ordinary	CFD	Long	285318	4.6762        GBP
10p ordinary	CFD	Long	100000	4.6991        GBP
10p ordinary	CFD	Long	79451	4.6984        GBP
10p ordinary	CFD	Long	13683	4.6992        GBP
10p ordinary	CFD	Long	1020	4.665        GBP
10p ordinary	CFD	Long	87361	4.66099977        GBP
10p ordinary	CFD	Long	3904	4.768719        GBP
10p ordinary	CFD	Long	45127	4.661        GBP
10p ordinary	CFD	Long	20696	4.781876        GBP
10p ordinary	CFD	Long	1002	4.70805089820359        GBP
10p ordinary	CFD	Long	3916	4.690542        GBP
10p ordinary	CFD	Long	14399	4.70943537745677        GBP
10p ordinary	CFD	Long	8831	4.68885630166459        GBP
10p ordinary	CFD	Long	32300	4.82654829721362        GBP
10p ordinary	CFD	Long	64247	4.80113795196663        GBP
10p ordinary	CFD	Long	2483	4.6606725734998        GBP
10p ordinary	CFD	Long	3018	4.712342        GBP
10p ordinary	CFD	Long	1125	4.666        GBP
10p ordinary	CFD	Long	118778	4.66994988        GBP
10p ordinary	CFD	Long	441	4.70803401360544        GBP
10p ordinary	CFD	Long	101710	4.665573        GBP
10p ordinary	CFD	Long	13750	4.687593        GBP
10p ordinary	CFD	Long	9737	4.680293        GBP
10p ordinary	CFD	Long	7416	4.660767        GBP
10p ordinary	CFD	Long	31207	4.695094        GBP
10p ordinary	CFD	Long	4548	4.674377        GBP
10p ordinary	CFD	Short	2834	4.73        GBP
10p ordinary	CFD	Short	666	4.774372        GBP
10p ordinary	CFD	Short	50222	4.661        GBP
10p ordinary	CFD	Short	15507	4.67295092538853        GBP
10p ordinary	CFD	Short	26622	4.661056        GBP
10p ordinary	CFD	Short	156	4.682501        GBP
10p ordinary	CFD	Short	335	4.705342        GBP
10p ordinary	CFD	Short	339	4.703354        GBP
10p ordinary	CFD	Short	630	4.65668253968254        GBP
10p ordinary	CFD	Short	2194	4.730548        GBP
10p ordinary	CFD	Short	409	4.84100244498778        GBP
10p ordinary	CFD	Short	1925	4.76655784        GBP
10p ordinary	CFD	Short	73972	4.78019697        GBP
10p ordinary	CFD	Short	7400	4.66567432432432        GBP
10p ordinary	CFD	Short	3868	4.726096        GBP
10p ordinary	CFD	Short	277	4.65670036101083        GBP
10p ordinary	CFD	Short	2456	4.819762        GBP
10p ordinary	CFD	Short	46249	4.727143        GBP
10p ordinary	CFD	Short	9695	4.795011        GBP
10p ordinary	CFD	Short	6139	4.767895        GBP
10p ordinary	CFD	Short	1643	4.661236        GBP
10p ordinary	CFD	Short	1	4.84        GBP
10p ordinary	CFD	Short	1	4.7885        GBP
10p ordinary	CFD	Short	553	4.729749        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:	14 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