Form 8.5 (EPT/RI)- Barratt Developments plc

Morgan Stanley & Co. Int'l plc

18 April 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:	Morgan Stanley & Co. International plc
(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:	17 April 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"	YES- Redrow plc

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	SALES	1,389,176	4.4970 GBP	4.4370 GBP
10p ordinary	PURCHASES	1,394,786	4.4980 GBP	4.4360 GBP
10p ordinary	PURCHASES	36,579	5.2140 EUR	5.2140 EUR

(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	increasing a long position	5,805	4.4479 GBP
10p ordinary	CFD	increasing a long position	583	4.4515 GBP
10p ordinary	CFD	increasing a long position	15,886	4.4520 GBP
10p ordinary	CFD	increasing a long position	94,021	4.4520 GBP
10p ordinary	CFD	increasing a long position	134,006	4.4520 GBP
10p ordinary	CFD	increasing a long position	11	4.4520 GBP
10p ordinary	CFD	increasing a long position	88,496	4.4520 GBP
10p ordinary	CFD	increasing a long position	39,713	4.4520 GBP
10p ordinary	CFD	increasing a long position	1,310	4.4584 GBP
10p ordinary	CFD	increasing a long position	9,916	4.4589 GBP
10p ordinary	CFD	increasing a long position	11,827	4.4600 GBP
10p ordinary	CFD	increasing a long position	174	4.4600 GBP
10p ordinary	CFD	increasing a long position	5,066	4.4617 GBP
10p ordinary	CFD	increasing a long position	764	4.4664 GBP
10p ordinary	CFD	increasing a long position	3,036	4.4686 GBP
10p ordinary	CFD	increasing a long position	771	4.4700 GBP
10p ordinary	CFD	increasing a long position	79	4.4708 GBP
10p ordinary	CFD	increasing a long position	2,124	4.4715 GBP
10p ordinary	CFD	increasing a long position	1,722	4.4760 GBP
10p ordinary	CFD	increasing a long position	2,744	4.4805 GBP
10p ordinary	CFD	increasing a long position	322	4.4817 GBP
10p ordinary	CFD	increasing a short position	16,219	4.4405 GBP
10p ordinary	CFD	increasing a short position	5,900	4.4405 GBP
10p ordinary	CFD	increasing a short position	1	4.4500 GBP
10p ordinary	CFD	increasing a short position	10,909	4.4505 GBP
10p ordinary	CFD	increasing a short position	79,818	4.4560 GBP
10p ordinary	CFD	increasing a short position	36,579	4.4567 GBP
10p ordinary	CFD	increasing a short position	1,160	4.4589 GBP
10p ordinary	CFD	increasing a short position	2,511	4.4596 GBP
10p ordinary	CFD	increasing a short position	3,497	4.4597 GBP
10p ordinary	CFD	increasing a short position	4,695	4.4600 GBP
10p ordinary	CFD	increasing a short position	17,799	4.4600 GBP
10p ordinary	CFD	increasing a short position	32,438	4.4614 GBP
10p ordinary	CFD	increasing a short position	11,799	4.4614 GBP
10p ordinary	CFD	increasing a short position	91,349	4.4614 GBP
10p ordinary	CFD	increasing a short position	72,133	4.4618 GBP
10p ordinary	CFD	increasing a short position	14	4.4639 GBP
10p ordinary	CFD	increasing a short position	7,098	4.4640 GBP
10p ordinary	CFD	increasing a short position	5,321	4.4648 GBP
10p ordinary	CFD	increasing a short position	350,000	4.4663 GBP
10p ordinary	CFD	increasing a short position	22,823	4.4666 GBP
10p ordinary	CFD	increasing a short position	24,988	4.4675 GBP
10p ordinary	CFD	increasing a short position	1,411	4.4682 GBP
10p ordinary	CFD	increasing a short position	1,678	4.4689 GBP
10p ordinary	CFD	increasing a short position	399	4.4696 GBP
10p ordinary	CFD	increasing a short position	296	4.4696 GBP
10p ordinary	CFD	increasing a short position	3,041	4.4735 GBP
10p ordinary	CFD	increasing a short position	123	4.4756 GBP
10p ordinary	CFD	increasing a short position	93	4.4756 GBP
10p ordinary	CFD	increasing a short position	5,959	4.4770 GBP
10p ordinary	CFD	reducing a long position	583	4.4499 GBP
10p ordinary	CFD	reducing a long position	174	4.4500 GBP
10p ordinary	CFD	reducing a long position	11,144	4.4505 GBP
10p ordinary	CFD	reducing a long position	3,519	4.4513 GBP
10p ordinary	CFD	reducing a long position	1,199	4.4520 GBP
10p ordinary	CFD	reducing a long position	5,066	4.4571 GBP
10p ordinary	CFD	reducing a long position	2,321	4.4586 GBP
10p ordinary	CFD	reducing a long position	48	4.4600 GBP
10p ordinary	CFD	reducing a long position	2,358	4.4600 GBP
10p ordinary	CFD	reducing a long position	112	4.4600 GBP
10p ordinary	CFD	reducing a long position	598	4.4600 GBP
10p ordinary	CFD	reducing a long position	13,802	4.4600 GBP
10p ordinary	CFD	reducing a long position	16	4.4606 GBP
10p ordinary	CFD	reducing a long position	1	4.4650 GBP
10p ordinary	CFD	reducing a long position	1	4.4660 GBP
10p ordinary	CFD	reducing a long position	2,124	4.4730 GBP
10p ordinary	CFD	reducing a short position	417	4.4543 GBP
10p ordinary	CFD	reducing a short position	18	4.4550 GBP
10p ordinary	CFD	reducing a short position	46,550	4.4554 GBP
10p ordinary	CFD	reducing a short position	2,737	4.4558 GBP
10p ordinary	CFD	reducing a short position	24,867	4.4580 GBP
10p ordinary	CFD	reducing a short position	9,641	4.4584 GBP
10p ordinary	CFD	reducing a short position	1,500	4.4600 GBP
10p ordinary	CFD	reducing a short position	722	4.4600 GBP
10p ordinary	CFD	reducing a short position	253	4.4619 GBP
10p ordinary	CFD	reducing a short position	8,428	4.4619 GBP
10p ordinary	CFD	reducing a short position	455	4.4619 GBP
10p ordinary	CFD	reducing a short position	1,530	4.4619 GBP
10p ordinary	CFD	reducing a short position	70,386	4.4619 GBP
10p ordinary	CFD	reducing a short position	40,000	4.4619 GBP
10p ordinary	CFD	reducing a short position	14,308	4.4619 GBP
10p ordinary	CFD	reducing a short position	104,864	4.4622 GBP
10p ordinary	CFD	reducing a short position	1,864	4.4625 GBP
10p ordinary	CFD	reducing a short position	512	4.4625 GBP
10p ordinary	CFD	reducing a short position	581	4.4625 GBP
10p ordinary	CFD	reducing a short position	24,164	4.4632 GBP
10p ordinary	CFD	reducing a short position	995	4.4683 GBP
10p ordinary	CFD	reducing a short position	1	4.4700 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
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
N/A	N/A	N/A	N/A	N/A

(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)
N/A	N/A	N/A	N/A

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:	18 April 2024
Contact name:	Craig Horsley
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

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