Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

20 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:	19 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	379939	4.78512        GBP	4.76000        GBP
10p ordinary	Sell	473543	4.78402        GBP	4.76000        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	550	4.765        GBP
10p ordinary	CFD	Long	9	4.769        GBP
10p ordinary	CFD	Long	3453	4.77479582971329        GBP
10p ordinary	CFD	Long	21947	4.77159702920673        GBP
10p ordinary	CFD	Long	11	4.781182        GBP
10p ordinary	CFD	Long	171	4.77        GBP
10p ordinary	CFD	Long	5078	4.782796        GBP
10p ordinary	CFD	Long	9670	4.77837        GBP
10p ordinary	CFD	Long	435	4.784021        GBP
10p ordinary	CFD	Long	4992	4.7767828525641        GBP
10p ordinary	CFD	Long	5991	4.7772825905525        GBP
10p ordinary	CFD	Long	2190	4.769693        GBP
10p ordinary	CFD	Long	123	4.7762        GBP
10p ordinary	CFD	Long	50735	4.778        GBP
10p ordinary	CFD	Long	2736	4.776974        GBP
10p ordinary	CFD	Long	22178	4.776422        GBP
10p ordinary	CFD	Long	36867	4.778164        GBP
10p ordinary	CFD	Long	397	4.77544080604534        GBP
10p ordinary	CFD	Long	2327	4.776435        GBP
10p ordinary	CFD	Short	450	4.771644        GBP
10p ordinary	CFD	Short	66	4.78333333333333        GBP
10p ordinary	CFD	Short	901	4.77852996670366        GBP
10p ordinary	CFD	Short	16650	4.778545        GBP
10p ordinary	CFD	Short	1072	4.77800373134328        GBP
10p ordinary	CFD	Short	54	4.779676        GBP
10p ordinary	CFD	Short	123	4.769024        GBP
10p ordinary	CFD	Short	124	4.768        GBP
10p ordinary	CFD	Short	3	4.776667        GBP
10p ordinary	CFD	Short	7491	4.778239        GBP
10p ordinary	CFD	Short	755	4.780342        GBP
10p ordinary	CFD	Short	1296	4.769435        GBP
10p ordinary	CFD	Short	21531	4.777059        GBP
10p ordinary	CFD	Short	244	4.767998        GBP
10p ordinary	CFD	Short	9358	4.773018        GBP
10p ordinary	CFD	Short	241	4.7783734439834        GBP
10p ordinary	CFD	Short	696	4.7769        GBP
10p ordinary	CFD	Short	13035	4.778        GBP
10p ordinary	CFD	Short	2072	4.78146718146718        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:	20 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