Form 8.5 (EPT/RI)- Barratt Developments plc

Morgan Stanley & Co. Int'l plc

15 May 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:	14 May 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	1,014,709	5.0020 GBP	4.8890 GBP
10p ordinary	PURCHASES	905,914	5.0046 GBP	4.8890 GBP
10p ordinary	PURCHASES	15,765	5.7766 EUR	5.7766 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	18,566	4.9534 GBP
10p ordinary	CFD	increasing a long position	6,773	4.9588 GBP
10p ordinary	CFD	increasing a long position	6,425	4.9590 GBP
10p ordinary	CFD	increasing a long position	16,838	4.9623 GBP
10p ordinary	CFD	increasing a long position	13,028	4.9729 GBP
10p ordinary	CFD	increasing a long position	3	4.9877 GBP
10p ordinary	CFD	increasing a short position	229	4.9040 GBP
10p ordinary	CFD	increasing a short position	323	4.9050 GBP
10p ordinary	CFD	increasing a short position	82	4.9093 GBP
10p ordinary	CFD	increasing a short position	3,027	4.9132 GBP
10p ordinary	CFD	increasing a short position	100	4.9143 GBP
10p ordinary	CFD	increasing a short position	100	4.9143 GBP
10p ordinary	CFD	increasing a short position	3,300	4.9190 GBP
10p ordinary	CFD	increasing a short position	1,777	4.9375 GBP
10p ordinary	CFD	increasing a short position	40,333	4.9524 GBP
10p ordinary	CFD	increasing a short position	12,506	4.9556 GBP
10p ordinary	CFD	increasing a short position	16,009	4.9567 GBP
10p ordinary	CFD	increasing a short position	2,144	4.9570 GBP
10p ordinary	CFD	increasing a short position	2	4.9578 GBP
10p ordinary	CFD	increasing a short position	22,377	4.9578 GBP
10p ordinary	CFD	increasing a short position	15,278	4.9590 GBP
10p ordinary	CFD	increasing a short position	7,034	4.9590 GBP
10p ordinary	CFD	increasing a short position	3,664	4.9590 GBP
10p ordinary	CFD	increasing a short position	274	4.9625 GBP
10p ordinary	CFD	increasing a short position	11,008	4.9638 GBP
10p ordinary	CFD	increasing a short position	4,923	4.9638 GBP
10p ordinary	CFD	increasing a short position	5,232	4.9641 GBP
10p ordinary	CFD	increasing a short position	1,466	4.9664 GBP
10p ordinary	CFD	increasing a short position	25,710	4.9675 GBP
10p ordinary	CFD	increasing a short position	53,364	4.9766 GBP
10p ordinary	CFD	increasing a short position	6,509	4.9799 GBP
10p ordinary	CFD	increasing a short position	7,274	4.9856 GBP
10p ordinary	CFD	increasing a short position	11,142	4.9867 GBP
10p ordinary	CFD	increasing a short position	24	5.0046 GBP
10p ordinary	CFD	reducing a long position	1,803	4.9122 GBP
10p ordinary	CFD	reducing a long position	2,944	4.9590 GBP
10p ordinary	CFD	reducing a long position	6,554	4.9590 GBP
10p ordinary	CFD	reducing a long position	312	4.9590 GBP
10p ordinary	CFD	reducing a long position	15,765	4.9639 GBP
10p ordinary	CFD	reducing a long position	157	4.9798 GBP
10p ordinary	CFD	reducing a short position	323	4.8971 GBP
10p ordinary	CFD	reducing a short position	3	4.9171 GBP
10p ordinary	CFD	reducing a short position	5,795	4.9184 GBP
10p ordinary	CFD	reducing a short position	1,268	4.9380 GBP
10p ordinary	CFD	reducing a short position	1,839	4.9442 GBP
10p ordinary	CFD	reducing a short position	12,506	4.9499 GBP
10p ordinary	CFD	reducing a short position	35,032	4.9527 GBP
10p ordinary	CFD	reducing a short position	8,272	4.9547 GBP
10p ordinary	CFD	reducing a short position	229	4.9548 GBP
10p ordinary	CFD	reducing a short position	1,860	4.9559 GBP
10p ordinary	CFD	reducing a short position	7,978	4.9568 GBP
10p ordinary	CFD	reducing a short position	39,502	4.9574 GBP
10p ordinary	CFD	reducing a short position	4,496	4.9574 GBP
10p ordinary	CFD	reducing a short position	24	4.9581 GBP
10p ordinary	CFD	reducing a short position	1,564	4.9583 GBP
10p ordinary	CFD	reducing a short position	7,436	4.9590 GBP
10p ordinary	CFD	reducing a short position	15,277	4.9590 GBP
10p ordinary	CFD	reducing a short position	9,236	4.9590 GBP
10p ordinary	CFD	reducing a short position	244	4.9590 GBP
10p ordinary	CFD	reducing a short position	5,899	4.9592 GBP
10p ordinary	CFD	reducing a short position	55,317	4.9603 GBP
10p ordinary	CFD	reducing a short position	1,859	4.9611 GBP
10p ordinary	CFD	reducing a short position	1,437	4.9612 GBP
10p ordinary	CFD	reducing a short position	22,361	4.9671 GBP
10p ordinary	CFD	reducing a short position	56,246	4.9699 GBP
10p ordinary	CFD	reducing a short position	3,851	4.9709 GBP
10p ordinary	CFD	reducing a short position	14,974	4.9925 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:	15 May 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