Form 8.5 (EPT/RI) - Barratt Developments plc

Morgan Stanley & Co. Int'l plc

19 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:	18 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	PURCHASES	728,730	4.4821 GBP	4.4280 GBP
10p ordinary	SALES	860,948	4.4960 GBP	4.4278 GBP
10p ordinary	PURCHASES	11,674	5.2216 EUR	5.2216 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	38,141	4.4381 GBP
10p ordinary	CFD	increasing a long position	7,424	4.4601 GBP
10p ordinary	CFD	increasing a long position	89	4.4610 GBP
10p ordinary	CFD	increasing a long position	6,161	4.4620 GBP
10p ordinary	CFD	increasing a long position	905	4.4630 GBP
10p ordinary	CFD	increasing a long position	153	4.4630 GBP
10p ordinary	CFD	increasing a long position	101	4.4630 GBP
10p ordinary	CFD	increasing a long position	3,823	4.4636 GBP
10p ordinary	CFD	increasing a long position	6,596	4.4643 GBP
10p ordinary	CFD	increasing a long position	757	4.4648 GBP
10p ordinary	CFD	increasing a long position	2,141	4.4746 GBP
10p ordinary	CFD	increasing a long position	1,383	4.4779 GBP
10p ordinary	CFD	increasing a long position	3,497,171	4.4840 GBP
10p ordinary	CFD	increasing a short position	34,241	4.4593 GBP
10p ordinary	CFD	increasing a short position	5,742	4.4599 GBP
10p ordinary	CFD	increasing a short position	27,881	4.4608 GBP
10p ordinary	CFD	increasing a short position	16,219	4.4608 GBP
10p ordinary	CFD	increasing a short position	83,294	4.4608 GBP
10p ordinary	CFD	increasing a short position	5,900	4.4608 GBP
10p ordinary	CFD	increasing a short position	149	4.4609 GBP
10p ordinary	CFD	increasing a short position	2,175	4.4615 GBP
10p ordinary	CFD	increasing a short position	43,785	4.4621 GBP
10p ordinary	CFD	increasing a short position	3,953	4.4624 GBP
10p ordinary	CFD	increasing a short position	102,762	4.4626 GBP
10p ordinary	CFD	increasing a short position	1,200	4.4626 GBP
10p ordinary	CFD	increasing a short position	1,500	4.4627 GBP
10p ordinary	CFD	increasing a short position	10,211	4.4630 GBP
10p ordinary	CFD	increasing a short position	4,098	4.4630 GBP
10p ordinary	CFD	increasing a short position	5,708	4.4631 GBP
10p ordinary	CFD	increasing a short position	5,900	4.4636 GBP
10p ordinary	CFD	increasing a short position	16,219	4.4636 GBP
10p ordinary	CFD	increasing a short position	27,863	4.4646 GBP
10p ordinary	CFD	increasing a short position	11,674	4.4652 GBP
10p ordinary	CFD	increasing a short position	4,511	4.4672 GBP
10p ordinary	CFD	increasing a short position	83	4.4683 GBP
10p ordinary	CFD	increasing a short position	190	4.4683 GBP
10p ordinary	CFD	increasing a short position	7,452	4.4686 GBP
10p ordinary	CFD	increasing a short position	318	4.4712 GBP
10p ordinary	CFD	increasing a short position	229	4.4712 GBP
10p ordinary	CFD	reducing a long position	12,981	4.4615 GBP
10p ordinary	CFD	reducing a long position	12,658	4.4630 GBP
10p ordinary	CFD	reducing a long position	1,392	4.4630 GBP
10p ordinary	CFD	reducing a long position	67	4.4630 GBP
10p ordinary	CFD	reducing a long position	17	4.4630 GBP
10p ordinary	CFD	reducing a long position	7,424	4.4677 GBP
10p ordinary	CFD	reducing a long position	2,141	4.4706 GBP
10p ordinary	CFD	reducing a long position	3,497,171	4.4840 GBP
10p ordinary	CFD	reducing a short position	1,634	4.4278 GBP
10p ordinary	CFD	reducing a short position	8,690	4.4278 GBP
10p ordinary	CFD	reducing a short position	2,579	4.4278 GBP
10p ordinary	CFD	reducing a short position	29,091	4.4278 GBP
10p ordinary	CFD	reducing a short position	64,722	4.4533 GBP
10p ordinary	CFD	reducing a short position	6,200	4.4538 GBP
10p ordinary	CFD	reducing a short position	4,810	4.4582 GBP
10p ordinary	CFD	reducing a short position	680	4.4594 GBP
10p ordinary	CFD	reducing a short position	2,143	4.4594 GBP
10p ordinary	CFD	reducing a short position	1,737	4.4594 GBP
10p ordinary	CFD	reducing a short position	1,432	4.4598 GBP
10p ordinary	CFD	reducing a short position	15,408	4.4605 GBP
10p ordinary	CFD	reducing a short position	5,833	4.4616 GBP
10p ordinary	CFD	reducing a short position	40,000	4.4621 GBP
10p ordinary	CFD	reducing a short position	8,428	4.4621 GBP
10p ordinary	CFD	reducing a short position	14,308	4.4621 GBP
10p ordinary	CFD	reducing a short position	8,468	4.4623 GBP
10p ordinary	CFD	reducing a short position	1,922	4.4629 GBP
10p ordinary	CFD	reducing a short position	34,228	4.4629 GBP
10p ordinary	CFD	reducing a short position	3,034	4.4629 GBP
10p ordinary	CFD	reducing a short position	10,225	4.4629 GBP
10p ordinary	CFD	reducing a short position	3,686	4.4630 GBP
10p ordinary	CFD	reducing a short position	8,779	4.4630 GBP
10p ordinary	CFD	reducing a short position	4,695	4.4630 GBP
10p ordinary	CFD	reducing a short position	48,351	4.4631 GBP
10p ordinary	CFD	reducing a short position	143,872	4.4637 GBP
10p ordinary	CFD	reducing a short position	1,832	4.4648 GBP
10p ordinary	CFD	reducing a short position	357	4.4654 GBP
10p ordinary	CFD	reducing a short position	9,908	4.4658 GBP
10p ordinary	CFD	reducing a short position	7,288	4.4681 GBP
10p ordinary	CFD	reducing a short position	2,163	4.4681 GBP
10p ordinary	CFD	reducing a short position	24,396	4.4681 GBP
10p ordinary	CFD	reducing a short position	1,370	4.4681 GBP
10p ordinary	CFD	reducing a short position	4,001	4.4683 GBP
10p ordinary	CFD	reducing a short position	330	4.4689 GBP
10p ordinary	CFD	reducing a short position	1,893	4.4709 GBP
10p ordinary	CFD	reducing a short position	645	4.4811 GBP
10p ordinary	CFD	reducing a short position	1,469	4.4811 GBP
10p ordinary	CFD	reducing a short position	147	4.4840 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:	19 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