Form 8.5 (EPT/RI) - Barratt Developments plc

UBS AG (EPT)

22 March 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 March 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	1051763	4.79500        GBP	4.73099        GBP
10p ordinary	Sell	1580500	4.79501        GBP	4.73099        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	6678	4.77347        GBP
10p ordinary	CFD	Long	1017	4.773947        GBP
10p ordinary	CFD	Long	143788	4.772469        GBP
10p ordinary	CFD	Long	3042	4.7885355        GBP
10p ordinary	CFD	Long	336399	4.79        GBP
10p ordinary	CFD	Long	13209	4.75696994473465        GBP
10p ordinary	CFD	Long	1077	4.749        GBP
10p ordinary	CFD	Long	485	4.748        GBP
10p ordinary	CFD	Long	5879	4.75696674604525        GBP
10p ordinary	CFD	Long	5	4.7677        GBP
10p ordinary	CFD	Long	33389	4.789978        GBP
10p ordinary	CFD	Long	951	4.77527655        GBP
10p ordinary	CFD	Long	45	4.75566667        GBP
10p ordinary	CFD	Long	298	4.758758        GBP
10p ordinary	CFD	Long	2654	4.751575        GBP
10p ordinary	CFD	Long	954	4.7547874        GBP
10p ordinary	CFD	Long	21258	4.7315801        GBP
10p ordinary	CFD	Long	8503	4.74795458        GBP
10p ordinary	CFD	Long	80540	4.77190300029998        GBP
10p ordinary	CFD	Long	5452	4.758448        GBP
10p ordinary	CFD	Long	2360	4.78994013        GBP
10p ordinary	CFD	Long	150	4.78446667        GBP
10p ordinary	CFD	Long	991	4.772857        GBP
10p ordinary	CFD	Long	93	4.752        GBP
10p ordinary	CFD	Long	12805	4.773226        GBP
10p ordinary	CFD	Long	3268	4.77405446756426        GBP
10p ordinary	CFD	Long	2899	4.78521904104864        GBP
10p ordinary	CFD	Short	19321	4.77        GBP
10p ordinary	CFD	Short	4128	4.75754360465116        GBP
10p ordinary	CFD	Short	4416	4.75414855072464        GBP
10p ordinary	CFD	Short	2184	4.73670787545788        GBP
10p ordinary	CFD	Short	2623	4.784        GBP
10p ordinary	CFD	Short	24700	4.777378        GBP
10p ordinary	CFD	Short	782	4.7715        GBP
10p ordinary	CFD	Short	1000	4.789742        GBP
10p ordinary	CFD	Short	430	4.7725        GBP
10p ordinary	CFD	Short	5445	4.7718        GBP
10p ordinary	CFD	Short	7988	4.79095768652979        GBP
10p ordinary	CFD	Short	18949	4.756726        GBP
10p ordinary	CFD	Short	2581	4.7789291        GBP
10p ordinary	CFD	Short	8035	4.7682912        GBP
10p ordinary	CFD	Short	4583	4.76142385        GBP
10p ordinary	CFD	Short	17512	4.790239        GBP
10p ordinary	CFD	Short	264	4.76246212        GBP
10p ordinary	CFD	Short	263	4.762015        GBP
10p ordinary	CFD	Short	541	4.7772255        GBP
10p ordinary	CFD	Short	7440	4.78973401        GBP
10p ordinary	CFD	Short	7440	4.79043163        GBP
10p ordinary	CFD	Short	434	4.77328834        GBP
10p ordinary	CFD	Short	930	4.79        GBP
10p ordinary	CFD	Short	23139	4.787348        GBP
10p ordinary	CFD	Short	7250	6.067493        USD

(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 March 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