Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

13 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:	12 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	SALES	799,842	5.1040 GBP	4.9420 GBP
10p ordinary	PURCHASES	1,212,511	5.1080 GBP	4.9440 GBP
10p ordinary	SALES	14,446	6.0359 EUR	6.0359 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	1,331	4.9570 GBP
10p ordinary	CFD	increasing a long position	483	4.9870 GBP
10p ordinary	CFD	increasing a long position	1,744	4.9960 GBP
10p ordinary	CFD	increasing a long position	1,706	4.9973 GBP
10p ordinary	CFD	increasing a long position	8,598	4.9976 GBP
10p ordinary	CFD	increasing a long position	4,468	5.0610 GBP
10p ordinary	CFD	increasing a long position	1,049	5.0898 GBP
10p ordinary	CFD	increasing a long position	346	5.0926 GBP
10p ordinary	CFD	increasing a long position	5,768	5.0980 GBP
10p ordinary	CFD	increasing a long position	3,840	5.0984 GBP
10p ordinary	CFD	increasing a long position	14,446	5.0985 GBP
10p ordinary	CFD	increasing a long position	646	5.0995 GBP
10p ordinary	CFD	increasing a long position	8,268	5.1000 GBP
10p ordinary	CFD	increasing a short position	1,400	4.9563 GBP
10p ordinary	CFD	increasing a short position	1,700	4.9563 GBP
10p ordinary	CFD	increasing a short position	4,139	4.9584 GBP
10p ordinary	CFD	increasing a short position	13,038	4.9657 GBP
10p ordinary	CFD	increasing a short position	1,963	4.9765 GBP
10p ordinary	CFD	increasing a short position	5,979	5.0139 GBP
10p ordinary	CFD	increasing a short position	42,592	5.0358 GBP
10p ordinary	CFD	increasing a short position	1,200	5.0604 GBP
10p ordinary	CFD	increasing a short position	4,473	5.0665 GBP
10p ordinary	CFD	increasing a short position	6,344	5.0678 GBP
10p ordinary	CFD	increasing a short position	55,713	5.0678 GBP
10p ordinary	CFD	increasing a short position	1,164	5.0709 GBP
10p ordinary	CFD	increasing a short position	13,390	5.0737 GBP
10p ordinary	CFD	increasing a short position	4,780	5.0887 GBP
10p ordinary	CFD	increasing a short position	3,879	5.0970 GBP
10p ordinary	CFD	increasing a short position	5,810	5.0979 GBP
10p ordinary	CFD	increasing a short position	9	5.0980 GBP
10p ordinary	CFD	increasing a short position	16	5.0980 GBP
10p ordinary	CFD	increasing a short position	1,440	5.0980 GBP
10p ordinary	CFD	increasing a short position	14,400	5.0980 GBP
10p ordinary	CFD	increasing a short position	257	5.0980 GBP
10p ordinary	CFD	increasing a short position	3,531	5.0980 GBP
10p ordinary	CFD	increasing a short position	97	5.0980 GBP
10p ordinary	CFD	increasing a short position	14,260	5.0988 GBP
10p ordinary	CFD	increasing a short position	73	5.1000 GBP
10p ordinary	CFD	reducing a long position	483	4.9490 GBP
10p ordinary	CFD	reducing a long position	346	4.9584 GBP
10p ordinary	CFD	reducing a long position	130	4.9870 GBP
10p ordinary	CFD	reducing a long position	8,598	4.9979 GBP
10p ordinary	CFD	reducing a long position	8,268	5.0139 GBP
10p ordinary	CFD	reducing a long position	9,778	5.0225 GBP
10p ordinary	CFD	reducing a long position	401	5.0358 GBP
10p ordinary	CFD	reducing a long position	66,587	5.0379 GBP
10p ordinary	CFD	reducing a long position	8,275	5.0572 GBP
10p ordinary	CFD	reducing a long position	690	5.0618 GBP
10p ordinary	CFD	reducing a long position	5,246	5.0899 GBP
10p ordinary	CFD	reducing a long position	354	5.0923 GBP
10p ordinary	CFD	reducing a long position	14,773	5.0955 GBP
10p ordinary	CFD	reducing a long position	640	5.0976 GBP
10p ordinary	CFD	reducing a long position	7,661	5.0976 GBP
10p ordinary	CFD	reducing a long position	646	5.0980 GBP
10p ordinary	CFD	reducing a long position	474	5.0980 GBP
10p ordinary	CFD	reducing a long position	8,148	5.0980 GBP
10p ordinary	CFD	reducing a long position	40,849	5.0981 GBP
10p ordinary	CFD	reducing a long position	86	5.0984 GBP
10p ordinary	CFD	reducing a long position	29,460	5.0985 GBP
10p ordinary	CFD	reducing a short position	160	4.9686 GBP
10p ordinary	CFD	reducing a short position	2,910	5.0179 GBP
10p ordinary	CFD	reducing a short position	20,020	5.0274 GBP
10p ordinary	CFD	reducing a short position	948	5.0387 GBP
10p ordinary	CFD	reducing a short position	22,486	5.0666 GBP
10p ordinary	CFD	reducing a short position	6,988	5.0677 GBP
10p ordinary	CFD	reducing a short position	375	5.0704 GBP
10p ordinary	CFD	reducing a short position	1,758	5.0718 GBP
10p ordinary	CFD	reducing a short position	18,600	5.0740 GBP
10p ordinary	CFD	reducing a short position	97	5.0898 GBP
10p ordinary	CFD	reducing a short position	15,449	5.0926 GBP
10p ordinary	CFD	reducing a short position	11,502	5.0963 GBP
10p ordinary	CFD	reducing a short position	5,452	5.0965 GBP
10p ordinary	CFD	reducing a short position	1,343	5.0979 GBP
10p ordinary	CFD	reducing a short position	86,348	5.0980 GBP
10p ordinary	CFD	reducing a short position	472	5.0983 GBP
10p ordinary	CFD	reducing a short position	372	5.0984 GBP
10p ordinary	CFD	reducing a short position	5,520	5.0996 GBP
10p ordinary	CFD	reducing a short position	4,139	5.1000 GBP
10p ordinary	CFD	reducing a short position	3,080	5.1034 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:	13 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