Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

24 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:	UBS Investment Bank, London
(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:	23 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"	NO

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	Buy	275886	4.96385 GBP	4.92000 GBP
10p ordinary	Sell	346359	3.25400 GBP	1.73997GBP

(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	Long	57887	4.956        GBP
10p ordinary	CFD	Long	96290	4.96        GBP
10p ordinary	CFD	Long	4215	4.955753        GBP
10p ordinary	CFD	Long	16770	4.9245085        GBP
10p ordinary	CFD	Long	1067	4.95525773195876        GBP
10p ordinary	CFD	Long	30	4.943965        GBP
10p ordinary	CFD	Long	9273	4.94389475        GBP
10p ordinary	CFD	Long	2710	4.95385129151292        GBP
10p ordinary	CFD	Long	3942	4.955802        GBP
10p ordinary	CFD	Long	3465	4.93156219410678        GBP
10p ordinary	CFD	Long	31691	4.9541200987924        GBP
10p ordinary	CFD	Long	59	4.92244915        GBP
10p ordinary	CFD	Long	7669	4.95575733472421        GBP
10p ordinary	CFD	Long	19538	4.952203        GBP
10p ordinary	CFD	Long	6533	4.94961473        GBP
10p ordinary	CFD	Long	1015	4.95593805        GBP
10p ordinary	CFD	Long	248	4.928427        GBP
10p ordinary	CFD	Long	108	4.96259259        GBP
10p ordinary	CFD	Long	1307	4.95384850803366        GBP
10p ordinary	CFD	Long	646	4.9369226006192        GBP
10p ordinary	CFD	Long	333	4.9205        GBP
10p ordinary	CFD	Long	27752	4.93841056500432        GBP
10p ordinary	CFD	Long	2448	4.95565359477124        GBP
10p ordinary	CFD	Long	9617	4.93588748996049        GBP
10p ordinary	CFD	Long	3766	4.95200398206054        GBP
10p ordinary	CFD	Long	3485	4.946324        GBP
10p ordinary	CFD	Short	40488	4.95575851        GBP
10p ordinary	CFD	Short	7943	4.92686122        GBP
10p ordinary	CFD	Short	9202	4.95520165        GBP
10p ordinary	CFD	Short	596	4.9228        GBP
10p ordinary	CFD	Short	4493	4.9567438237258        GBP
10p ordinary	CFD	Short	2783	4.956249        GBP
10p ordinary	CFD	Short	333	4.9205        GBP
10p ordinary	CFD	Short	16662	4.956        GBP
10p ordinary	CFD	Short	22275	4.93828575653513        GBP
10p ordinary	CFD	Short	19060	4.94638315524134        GBP
10p ordinary	CFD	Short	4154	4.92959834        GBP
10p ordinary	CFD	Short	2868	4.93266998167015        GBP
10p ordinary	CFD	Short	4700	4.93680425531915        GBP
10p ordinary	CFD	Short	4413	4.95606195        GBP
10p ordinary	CFD	Short	7965	4.93829        GBP
10p ordinary	CFD	Short	730	4.95698630136986        GBP
10p ordinary	CFD	Short	4994	4.92347006        GBP
10p ordinary	CFD	Short	625	4.92312841        GBP
10p ordinary	CFD	Short	336	4.953286        GBP
10p ordinary	CFD	Short	2203	4.93120404339083        GBP
10p ordinary	CFD	Short	66763	4.95052555833111        GBP
10p ordinary	CFD	Short	397	4.953864        GBP
10p ordinary	CFD	Short	3957	4.92261562        GBP
10p ordinary	CFD	Short	4615	4.92554583        GBP
10p ordinary	CFD	Short	3500	4.92598722        GBP
10p ordinary	CFD	Short	6100	4.9269767        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
10p ordinary	Call	Purchasing	11529	5.323        GBP	European	20 August 2024	0.0297        GBP
10p ordinary	Call	Selling	11529	5.323        GBP	European	20 August 2024	0.0297        GBP
10p ordinary	Call	Purchasing	11529	5.323        GBP	European	20 August 2024	0.0297        GBP

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(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)

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:	24 July 2024
Contact name:	Richard Howard
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]

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