Form 8.5 (EPT/RI)- Barratt Developments plc

Morgan Stanley & Co. Int'l plc

12 June 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:	11 June 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	2,786,414	5.0840 GBP	4.9550 GBP
10p ordinary	SALES	1,028,125	5.0868 GBP	4.9552 GBP
10p ordinary	SALES	8,016	5.8869 EUR	5.8869 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	5,943	4.9647 GBP
10p ordinary	CFD	increasing a long position	23,772	4.9648 GBP
10p ordinary	CFD	increasing a long position	10,475	4.9650 GBP
10p ordinary	CFD	increasing a long position	1,993	4.9650 GBP
10p ordinary	CFD	increasing a long position	164,926	4.9657 GBP
10p ordinary	CFD	increasing a long position	5	4.9661 GBP
10p ordinary	CFD	increasing a long position	8,016	4.9662 GBP
10p ordinary	CFD	increasing a long position	2,194	4.9801 GBP
10p ordinary	CFD	increasing a long position	9,362	4.9808 GBP
10p ordinary	CFD	increasing a long position	719	4.9904 GBP
10p ordinary	CFD	increasing a long position	3,129	5.0050 GBP
10p ordinary	CFD	increasing a long position	401	5.0199 GBP
10p ordinary	CFD	increasing a long position	12,974	5.0313 GBP
10p ordinary	CFD	increasing a long position	30,129	5.0448 GBP
10p ordinary	CFD	increasing a long position	1,488	5.0507 GBP
10p ordinary	CFD	increasing a long position	5,582	5.0509 GBP
10p ordinary	CFD	increasing a long position	1,483	5.0520 GBP
10p ordinary	CFD	increasing a long position	242	5.0660 GBP
10p ordinary	CFD	increasing a long position	183	5.0660 GBP
10p ordinary	CFD	increasing a long position	2,976	5.0685 GBP
10p ordinary	CFD	increasing a long position	2	5.0850 GBP
10p ordinary	CFD	increasing a short position	824	4.9585 GBP
10p ordinary	CFD	increasing a short position	1,046	4.9586 GBP
10p ordinary	CFD	increasing a short position	5,087	4.9650 GBP
10p ordinary	CFD	increasing a short position	244	4.9650 GBP
10p ordinary	CFD	increasing a short position	638	4.9650 GBP
10p ordinary	CFD	increasing a short position	22,800	4.9650 GBP
10p ordinary	CFD	increasing a short position	27,080	4.9679 GBP
10p ordinary	CFD	increasing a short position	7,833	4.9694 GBP
10p ordinary	CFD	increasing a short position	4,557	4.9859 GBP
10p ordinary	CFD	increasing a short position	49,418	4.9882 GBP
10p ordinary	CFD	increasing a short position	7,348	4.9950 GBP
10p ordinary	CFD	increasing a short position	64,519	4.9950 GBP
10p ordinary	CFD	increasing a short position	284	4.9959 GBP
10p ordinary	CFD	increasing a short position	19,503	5.0041 GBP
10p ordinary	CFD	increasing a short position	2,694	5.0259 GBP
10p ordinary	CFD	increasing a short position	448	5.0500 GBP
10p ordinary	CFD	increasing a short position	4,900	5.0517 GBP
10p ordinary	CFD	increasing a short position	2,500	5.0520 GBP
10p ordinary	CFD	increasing a short position	2,718	5.0602 GBP
10p ordinary	CFD	increasing a short position	4,612	5.0625 GBP
10p ordinary	CFD	increasing a short position	1,536	5.0766 GBP
10p ordinary	CFD	increasing a short position	2,871	5.0797 GBP
10p ordinary	CFD	reducing a long position	242	4.9650 GBP
10p ordinary	CFD	reducing a long position	10,475	4.9650 GBP
10p ordinary	CFD	reducing a long position	2,092	4.9650 GBP
10p ordinary	CFD	reducing a long position	1,325	4.9650 GBP
10p ordinary	CFD	reducing a long position	1,052	4.9650 GBP
10p ordinary	CFD	reducing a long position	108	4.9653 GBP
10p ordinary	CFD	reducing a long position	3,012	4.9724 GBP
10p ordinary	CFD	reducing a long position	9,372	4.9777 GBP
10p ordinary	CFD	reducing a long position	4,531	4.9797 GBP
10p ordinary	CFD	reducing a long position	3,288	4.9806 GBP
10p ordinary	CFD	reducing a long position	102	4.9871 GBP
10p ordinary	CFD	reducing a long position	3,241	5.0041 GBP
10p ordinary	CFD	reducing a long position	7,910	5.0070 GBP
10p ordinary	CFD	reducing a long position	319	5.0104 GBP
10p ordinary	CFD	reducing a long position	269	5.0160 GBP
10p ordinary	CFD	reducing a long position	1,194	5.0500 GBP
10p ordinary	CFD	reducing a long position	1,031,193	5.0541 GBP
10p ordinary	CFD	reducing a long position	850,141	5.0660 GBP
10p ordinary	CFD	reducing a long position	345	5.0761 GBP
10p ordinary	CFD	reducing a long position	827	5.0814 GBP
10p ordinary	CFD	reducing a short position	63	4.9650 GBP
10p ordinary	CFD	reducing a short position	362	4.9650 GBP
10p ordinary	CFD	reducing a short position	526	4.9650 GBP
10p ordinary	CFD	reducing a short position	3,950	4.9705 GBP
10p ordinary	CFD	reducing a short position	17,028	4.9753 GBP
10p ordinary	CFD	reducing a short position	6,619	4.9772 GBP
10p ordinary	CFD	reducing a short position	13,531	4.9870 GBP
10p ordinary	CFD	reducing a short position	64	5.0110 GBP
10p ordinary	CFD	reducing a short position	2,694	5.0114 GBP
10p ordinary	CFD	reducing a short position	188	5.0172 GBP
10p ordinary	CFD	reducing a short position	2,429	5.0198 GBP
10p ordinary	CFD	reducing a short position	19,503	5.0199 GBP
10p ordinary	CFD	reducing a short position	1,489	5.0214 GBP
10p ordinary	CFD	reducing a short position	24,045	5.0274 GBP
10p ordinary	CFD	reducing a short position	2,839	5.0313 GBP
10p ordinary	CFD	reducing a short position	55,186	5.0421 GBP
10p ordinary	CFD	reducing a short position	15,180	5.0430 GBP
10p ordinary	CFD	reducing a short position	327	5.0563 GBP
10p ordinary	CFD	reducing a short position	2,871	5.0864 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:	12 June 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