Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

22 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:	21 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	1039348	4.83099        GBP	4.78000        GBP
10p ordinary	Sell	1320993	4.82690        GBP	4.78000        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	406650	4.796301        GBP
10p ordinary	CFD	Long	203300	4.8076        GBP
10p ordinary	CFD	Long	21798	4.786382        GBP
10p ordinary	CFD	Long	512900	4.8026        GBP
10p ordinary	CFD	Long	991	4.797183        GBP
10p ordinary	CFD	Long	1091	4.813493        GBP
10p ordinary	CFD	Long	919	4.803363        GBP
10p ordinary	CFD	Long	2	4.78        GBP
10p ordinary	CFD	Long	471	4.780085        GBP
10p ordinary	CFD	Long	2	4.794        GBP
10p ordinary	CFD	Long	6	4.81025        GBP
10p ordinary	CFD	Long	15192	4.803189        GBP
10p ordinary	CFD	Long	5588	4.813377        GBP
10p ordinary	CFD	Long	1219	4.794793        GBP
10p ordinary	CFD	Long	434	4.785        GBP
10p ordinary	CFD	Long	1751	4.802483        GBP
10p ordinary	CFD	Long	2826	4.7952618542109        GBP
10p ordinary	CFD	Long	3990	4.799335        GBP
10p ordinary	CFD	Long	5229	4.8066265060241        GBP
10p ordinary	CFD	Long	414	4.79700483091787        GBP
10p ordinary	CFD	Long	238	4.82686974789916        GBP
10p ordinary	CFD	Long	25329	4.780838        GBP
10p ordinary	CFD	Long	6000	4.813125        GBP
10p ordinary	CFD	Long	9600	4.81225104166667        GBP
10p ordinary	CFD	Long	2400	4.793051        GBP
10p ordinary	CFD	Long	1978	4.803        GBP
10p ordinary	CFD	Long	104	4.82689903846154        GBP
10p ordinary	CFD	Short	32950	4.800881        GBP
10p ordinary	CFD	Short	1307	4.78034736036725        GBP
10p ordinary	CFD	Short	1364	4.803803        GBP
10p ordinary	CFD	Short	2102	4.82        GBP
10p ordinary	CFD	Short	4817	4.795521        GBP
10p ordinary	CFD	Short	719099	4.78        GBP
10p ordinary	CFD	Short	307	4.818        GBP
10p ordinary	CFD	Short	889	4.825        GBP
10p ordinary	CFD	Short	2143	4.831        GBP
10p ordinary	CFD	Short	118	4.8205        GBP
10p ordinary	CFD	Short	844	4.814        GBP
10p ordinary	CFD	Short	794	4.794251        GBP
10p ordinary	CFD	Short	774	4.793114        GBP
10p ordinary	CFD	Short	5035	4.78962264150943        GBP
10p ordinary	CFD	Short	2979	4.78034038267875        GBP
10p ordinary	CFD	Short	101577	4.78473565        GBP
10p ordinary	CFD	Short	4915	4.813        GBP
10p ordinary	CFD	Short	908	4.81        GBP
10p ordinary	CFD	Short	22214	4.821815        GBP
10p ordinary	CFD	Short	2400	4.798        GBP
10p ordinary	CFD	Short	1039	4.817705        GBP
10p ordinary	CFD	Short	521	4.827        GBP
10p ordinary	CFD	Short	40077	4.793747        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:	22 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