Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

12 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:	11 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 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	1,709,170	4.9520 GBP	4.8170 GBP
10p ordinary	SALES	1,718,177	4.9520 GBP	4.8170 GBP
10p ordinary	SALES	3,490	5.8664 EUR	5.8664 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	594	4.9304 GBP
10p ordinary	CFD	increasing a long position	20,082	4.9384 GBP
10p ordinary	CFD	increasing a long position	245,960	4.9446 GBP
10p ordinary	CFD	increasing a long position	893	4.9491 GBP
10p ordinary	CFD	increasing a long position	1,864	4.9492 GBP
10p ordinary	CFD	increasing a long position	112	4.9510 GBP
10p ordinary	CFD	increasing a short position	1,319	4.8233 GBP
10p ordinary	CFD	increasing a short position	2,136	4.8240 GBP
10p ordinary	CFD	increasing a short position	387	4.8261 GBP
10p ordinary	CFD	increasing a short position	808	4.8261 GBP
10p ordinary	CFD	increasing a short position	1,127	4.8293 GBP
10p ordinary	CFD	increasing a short position	2,912	4.8348 GBP
10p ordinary	CFD	increasing a short position	7,550	4.8377 GBP
10p ordinary	CFD	increasing a short position	4,419	4.8387 GBP
10p ordinary	CFD	increasing a short position	21,712	4.8461 GBP
10p ordinary	CFD	increasing a short position	20,273	4.8573 GBP
10p ordinary	CFD	increasing a short position	5,121	4.8656 GBP
10p ordinary	CFD	increasing a short position	90,680	4.8674 GBP
10p ordinary	CFD	increasing a short position	350	4.8783 GBP
10p ordinary	CFD	increasing a short position	471	4.8965 GBP
10p ordinary	CFD	increasing a short position	10,617	4.9054 GBP
10p ordinary	CFD	increasing a short position	72,176	4.9217 GBP
10p ordinary	CFD	increasing a short position	25,311	4.9391 GBP
10p ordinary	CFD	increasing a short position	64,384	4.9404 GBP
10p ordinary	CFD	increasing a short position	2,339	4.9456 GBP
10p ordinary	CFD	increasing a short position	7,186	4.9493 GBP
10p ordinary	CFD	increasing a short position	12,041	4.9494 GBP
10p ordinary	CFD	increasing a short position	37	4.9510 GBP
10p ordinary	CFD	increasing a short position	111	4.9511 GBP
10p ordinary	CFD	increasing a short position	7,370	4.9517 GBP
10p ordinary	CFD	reducing a long position	9,686	4.8261 GBP
10p ordinary	CFD	reducing a long position	4,642	4.8261 GBP
10p ordinary	CFD	reducing a long position	3,470	4.8674 GBP
10p ordinary	CFD	reducing a long position	4,353	4.9069 GBP
10p ordinary	CFD	reducing a long position	233	4.9069 GBP
10p ordinary	CFD	reducing a long position	5,737	4.9333 GBP
10p ordinary	CFD	reducing a long position	266,484	4.9451 GBP
10p ordinary	CFD	reducing a long position	37,048	4.9502 GBP
10p ordinary	CFD	reducing a long position	31	4.9519 GBP
10p ordinary	CFD	reducing a long position	2,393	4.9520 GBP
10p ordinary	CFD	reducing a short position	93	4.8209 GBP
10p ordinary	CFD	reducing a short position	1,127	4.8280 GBP
10p ordinary	CFD	reducing a short position	3,000	4.8288 GBP
10p ordinary	CFD	reducing a short position	9,017	4.8414 GBP
10p ordinary	CFD	reducing a short position	4,350	4.8414 GBP
10p ordinary	CFD	reducing a short position	18,465	4.8448 GBP
10p ordinary	CFD	reducing a short position	29,659	4.8534 GBP
10p ordinary	CFD	reducing a short position	3,855	4.8589 GBP
10p ordinary	CFD	reducing a short position	30,934	4.8603 GBP
10p ordinary	CFD	reducing a short position	26,712	4.8676 GBP
10p ordinary	CFD	reducing a short position	24,552	4.8705 GBP
10p ordinary	CFD	reducing a short position	5,121	4.8740 GBP
10p ordinary	CFD	reducing a short position	124	4.8780 GBP
10p ordinary	CFD	reducing a short position	108,436	4.8797 GBP
10p ordinary	CFD	reducing a short position	78,005	4.8807 GBP
10p ordinary	CFD	reducing a short position	13,282	4.8850 GBP
10p ordinary	CFD	reducing a short position	10,617	4.8857 GBP
10p ordinary	CFD	reducing a short position	4,810	4.9116 GBP
10p ordinary	CFD	reducing a short position	65,000	4.9119 GBP
10p ordinary	CFD	reducing a short position	26,285	4.9178 GBP
10p ordinary	CFD	reducing a short position	2,795	4.9178 GBP
10p ordinary	CFD	reducing a short position	13,568	4.9221 GBP
10p ordinary	CFD	reducing a short position	4,101	4.9304 GBP
10p ordinary	CFD	reducing a short position	26,771	4.9324 GBP
10p ordinary	CFD	reducing a short position	3,490	4.9382 GBP
10p ordinary	CFD	reducing a short position	15,012	4.9423 GBP
10p ordinary	CFD	reducing a short position	808	4.9424 GBP
10p ordinary	CFD	reducing a short position	387	4.9424 GBP
10p ordinary	CFD	reducing a short position	16,000	4.9499 GBP
10p ordinary	CFD	reducing a short position	74,958	4.9508 GBP
10p ordinary	CFD	reducing a short position	1,150	4.9510 GBP
10p ordinary	CFD	reducing a short position	368	4.9510 GBP
10p ordinary	CFD	reducing a short position	10,614	4.9510 GBP
10p ordinary	CFD	reducing a short position	2,383	4.9510 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 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