Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

28 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:	27 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	856303	4.76900        GBP	4.68900        GBP
10p ordinary	Sell	751337	4.77521        GBP	4.68953        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	39600	4.71244773        GBP
10p ordinary	CFD	Long	1074	4.707424        GBP
10p ordinary	CFD	Long	178429	4.707765        GBP
10p ordinary	CFD	Long	13949	4.704928        GBP
10p ordinary	CFD	Long	13431	4.728292        GBP
10p ordinary	CFD	Long	5674	4.71789        GBP
10p ordinary	CFD	Long	16512	4.704        GBP
10p ordinary	CFD	Long	2262	4.71449602122016        GBP
10p ordinary	CFD	Long	6378	4.726795        GBP
10p ordinary	CFD	Long	722	4.732        GBP
10p ordinary	CFD	Long	2063	4.724        GBP
10p ordinary	CFD	Long	23	4.73387        GBP
10p ordinary	CFD	Long	4253	4.701272        GBP
10p ordinary	CFD	Long	12333	4.72486        GBP
10p ordinary	CFD	Long	5677	4.729809        GBP
10p ordinary	CFD	Long	3028	4.705805        GBP
10p ordinary	CFD	Long	2	4.695        GBP
10p ordinary	CFD	Long	5152	4.706013        GBP
10p ordinary	CFD	Long	602	4.715559        GBP
10p ordinary	CFD	Long	1231	4.719        GBP
10p ordinary	CFD	Long	6622	4.713999        GBP
10p ordinary	CFD	Long	4465	4.71962598        GBP
10p ordinary	CFD	Long	1422	4.735837        GBP
10p ordinary	CFD	Long	1147	4.732717        GBP
10p ordinary	CFD	Long	1070	4.708056        GBP
10p ordinary	CFD	Long	81065	4.719218        GBP
10p ordinary	CFD	Short	593	4.7283018549747        GBP
10p ordinary	CFD	Short	1482	4.70470985155196        GBP
10p ordinary	CFD	Short	223573	4.7158        GBP
10p ordinary	CFD	Short	25021	4.70964524        GBP
10p ordinary	CFD	Short	11857	4.704        GBP
10p ordinary	CFD	Short	1340	4.72828059701493        GBP
10p ordinary	CFD	Short	35696	4.705815        GBP
10p ordinary	CFD	Short	861	4.689459        GBP
10p ordinary	CFD	Short	3295	4.72497420333839        GBP
10p ordinary	CFD	Short	41700	4.71668321342926        GBP
10p ordinary	CFD	Short	10130	4.718454        GBP
10p ordinary	CFD	Short	9486	4.714983        GBP
10p ordinary	CFD	Short	2970	4.698157        GBP
10p ordinary	CFD	Short	8222	4.708369        GBP
10p ordinary	CFD	Short	54310	4.704235        GBP
10p ordinary	CFD	Short	1	4.723        GBP
10p ordinary	CFD	Short	3868	4.71342399760083        GBP
10p ordinary	CFD	Short	16	4.691        GBP
10p ordinary	CFD	Short	4719	4.7040588        GBP
10p ordinary	CFD	Short	3963	4.746274        GBP
10p ordinary	CFD	Short	1865	4.745072        GBP
10p ordinary	CFD	Short	23625	4.703853        GBP
10p ordinary	CFD	Short	1191	4.713100983        GBP
10p ordinary	CFD	Short	589	4.715194        GBP
10p ordinary	CFD	Short	84	4.718        GBP
10p ordinary	CFD	Short	4486	4.716972        GBP
10p ordinary	CFD	Short	1190	4.70796638655462        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:	28 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