Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

10 July 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:	09 July 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

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	729,092	5.0940 GBP	4.9070 GBP
10p ordinary	SALES	624,920	5.0943 GBP	4.9070 GBP

(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	3,500	4.9350 GBP
10p ordinary	CFD	increasing a long position	52,868	4.9421 GBP
10p ordinary	CFD	increasing a long position	3,790	4.9516 GBP
10p ordinary	CFD	increasing a long position	5,022	5.0310 GBP
10p ordinary	CFD	increasing a long position	12,028	5.0408 GBP
10p ordinary	CFD	increasing a long position	271	5.0940 GBP
10p ordinary	CFD	increasing a long position	565	5.0940 GBP
10p ordinary	CFD	increasing a short position	116	4.9073 GBP
10p ordinary	CFD	increasing a short position	240	4.9074 GBP
10p ordinary	CFD	increasing a short position	1,144	4.9120 GBP
10p ordinary	CFD	increasing a short position	2,158	4.9120 GBP
10p ordinary	CFD	increasing a short position	148	4.9120 GBP
10p ordinary	CFD	increasing a short position	97,453	4.9120 GBP
10p ordinary	CFD	increasing a short position	2,896	4.9121 GBP
10p ordinary	CFD	increasing a short position	29,231	4.9122 GBP
10p ordinary	CFD	increasing a short position	2,138	4.9123 GBP
10p ordinary	CFD	increasing a short position	1,025	4.9123 GBP
10p ordinary	CFD	increasing a short position	5,170	4.9141 GBP
10p ordinary	CFD	increasing a short position	2,669	4.9155 GBP
10p ordinary	CFD	increasing a short position	1,112	4.9273 GBP
10p ordinary	CFD	increasing a short position	3,940	4.9328 GBP
10p ordinary	CFD	increasing a short position	3,829	4.9352 GBP
10p ordinary	CFD	increasing a short position	407	4.9352 GBP
10p ordinary	CFD	increasing a short position	53,478	4.9354 GBP
10p ordinary	CFD	increasing a short position	16,065	4.9412 GBP
10p ordinary	CFD	increasing a short position	183	4.9537 GBP
10p ordinary	CFD	increasing a short position	3,561	4.9601 GBP
10p ordinary	CFD	increasing a short position	4,691	4.9607 GBP
10p ordinary	CFD	increasing a short position	25,067	4.9805 GBP
10p ordinary	CFD	increasing a short position	4,848	5.0050 GBP
10p ordinary	CFD	increasing a short position	775	5.0386 GBP
10p ordinary	CFD	reducing a long position	4,528	4.9088 GBP
10p ordinary	CFD	reducing a long position	2,271	4.9120 GBP
10p ordinary	CFD	reducing a long position	97	4.9120 GBP
10p ordinary	CFD	reducing a long position	2,518	4.9120 GBP
10p ordinary	CFD	reducing a long position	565	4.9120 GBP
10p ordinary	CFD	reducing a long position	13,102	4.9120 GBP
10p ordinary	CFD	reducing a long position	206	4.9121 GBP
10p ordinary	CFD	reducing a long position	6,046	4.9251 GBP
10p ordinary	CFD	reducing a long position	12,597	4.9273 GBP
10p ordinary	CFD	reducing a long position	7,294	4.9332 GBP
10p ordinary	CFD	reducing a long position	2,515	4.9520 GBP
10p ordinary	CFD	reducing a long position	2,119	4.9900 GBP
10p ordinary	CFD	reducing a short position	5,305	4.9116 GBP
10p ordinary	CFD	reducing a short position	4,546	4.9120 GBP
10p ordinary	CFD	reducing a short position	1,600	4.9120 GBP
10p ordinary	CFD	reducing a short position	15,400	4.9120 GBP
10p ordinary	CFD	reducing a short position	217	4.9120 GBP
10p ordinary	CFD	reducing a short position	746	4.9141 GBP
10p ordinary	CFD	reducing a short position	885	4.9215 GBP
10p ordinary	CFD	reducing a short position	40,570	4.9318 GBP
10p ordinary	CFD	reducing a short position	6,167	4.9332 GBP
10p ordinary	CFD	reducing a short position	58,360	4.9346 GBP
10p ordinary	CFD	reducing a short position	82,387	4.9448 GBP
10p ordinary	CFD	reducing a short position	1,195	4.9459 GBP
10p ordinary	CFD	reducing a short position	11,200	4.9499 GBP
10p ordinary	CFD	reducing a short position	131	4.9503 GBP
10p ordinary	CFD	reducing a short position	303	4.9538 GBP
10p ordinary	CFD	reducing a short position	664	4.9635 GBP
10p ordinary	CFD	reducing a short position	4,848	4.9904 GBP
10p ordinary	CFD	reducing a short position	9	5.0078 GBP
10p ordinary	CFD	reducing a short position	1,668	5.0125 GBP
10p ordinary	CFD	reducing a short position	28,177	5.0277 GBP
10p ordinary	CFD	reducing a short position	1,144	5.0310 GBP
10p ordinary	CFD	reducing a short position	775	5.0408 GBP
10p ordinary	CFD	reducing a short position	100	5.0436 GBP
10p ordinary	CFD	reducing a short position	3	5.0447 GBP
10p ordinary	CFD	reducing a short position	1,124	5.0494 GBP
10p ordinary	CFD	reducing a short position	1,294	5.0524 GBP
10p ordinary	CFD	reducing a short position	2,350	5.0621 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:	10 July 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