Form 8.5 (EPT/RI) - Barratt Developments plc

UBS AG (EPT)

21 August 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:	20 August 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	1101658	5.62599  GBP	5.48978 GBP
10p ordinary	Sell	1267381	5.63600  GBP	5.48928  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	Long	3043	5.5415        GBP
10p ordinary	CFD	Long	56709	5.49        GBP
10p ordinary	CFD	Long	4987	5.556894        GBP
10p ordinary	CFD	Long	171	5.543743        GBP
10p ordinary	CFD	Long	124	5.56902977951613        GBP
10p ordinary	CFD	Long	217753	5.54        GBP
10p ordinary	CFD	Long	698	5.59292837        GBP
10p ordinary	CFD	Long	2676	5.60591555        GBP
10p ordinary	CFD	Long	3973	5.54156053328719        GBP
10p ordinary	CFD	Long	11009	5.51202007        GBP
10p ordinary	CFD	Long	57119	5.50653698458411        GBP
10p ordinary	CFD	Long	174335	5.53031011        GBP
10p ordinary	CFD	Long	1699	5.55461918457328        GBP
10p ordinary	CFD	Long	133	5.548        GBP
10p ordinary	CFD	Long	1582	5.48917825537295        GBP
10p ordinary	CFD	Long	819	5.529455        GBP
10p ordinary	CFD	Long	332	5.55993674        GBP
10p ordinary	CFD	Long	724	5.58573619        GBP
10p ordinary	CFD	Long	229540	5.528373        GBP
10p ordinary	CFD	Long	1318	5.53525189650986        GBP
10p ordinary	CFD	Long	667	5.506        GBP
10p ordinary	CFD	Long	259	5.518228        GBP
10p ordinary	CFD	Long	772	5.568        GBP
10p ordinary	CFD	Long	9744	5.55914203432369        GBP
10p ordinary	CFD	Long	2135	5.55110866639813        GBP
10p ordinary	CFD	Long	27083	5.526263        GBP
10p ordinary	CFD	Short	8600	5.52002326        GBP
10p ordinary	CFD	Short	20920	5.51478193        GBP
10p ordinary	CFD	Short	1000	5.515        GBP
10p ordinary	CFD	Short	6124	5.60715088177662        GBP
10p ordinary	CFD	Short	300	5.567        GBP
10p ordinary	CFD	Short	78	5.563        GBP
10p ordinary	CFD	Short	48133	5.534699        GBP
10p ordinary	CFD	Short	12661	5.60715219966827        GBP
10p ordinary	CFD	Short	1795	5.504        GBP
10p ordinary	CFD	Short	2905	5.49038554216867        GBP
10p ordinary	CFD	Short	537	5.502        GBP
10p ordinary	CFD	Short	34	5.54394118        GBP
10p ordinary	CFD	Short	236	5.54440678        GBP
10p ordinary	CFD	Short	796	5.53502763599246        GBP
10p ordinary	CFD	Short	33253	5.49187896106577        GBP
10p ordinary	CFD	Short	6549	5.490082        GBP
10p ordinary	CFD	Short	1840	5.50898533        GBP
10p ordinary	CFD	Short	5153	5.51462953875995        GBP
10p ordinary	CFD	Short	20817	5.50677072051448        GBP
10p ordinary	CFD	Short	17461	5.50697705        GBP
10p ordinary	CFD	Short	26218	5.490275        GBP
10p ordinary	CFD	Short	8921	5.50890518        GBP
10p ordinary	CFD	Short	8864	5.52920239        GBP
10p ordinary	CFD	Short	5351	5.51091228        GBP
10p ordinary	CFD	Short	1286	5.52050446        GBP
10p ordinary	CFD	Short	30548	5.49271998        GBP
10p ordinary	CFD	Short	1026	5.51223586988304        GBP
10p ordinary	CFD	Short	32000	5.5230306278        GBP
10p ordinary	CFD	Short	6427	5.49        GBP
10p ordinary	CFD	Short	235920	5.5234687316        GBP
10p ordinary	CFD	Short	15758	5.52915916        GBP
10p ordinary	CFD	Short	72978	5.51508016388967        GBP
10p ordinary	CFD	Short	6520	5.493635        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	12532	5.919        GBP	European	17 September 2024	0.0329        GBP
10p ordinary	Call	Selling	12532	5.919        GBP	European	17 September 2024	0.0329        GBP
10p ordinary	Call	Purchasing	12532	5.919        GBP	European	17 September 2024	0.0329        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:	21 August 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