Form 8.5 (EPT/RI)-Replacement of Barratt

Morgan Stanley & Co. Int'l plc

14 February 2024

 

AMENDMENT(2(a), 2(b))

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 February 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- The 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	4,302,221	4.8852 GBP	4.8200 GBP
10p ordinary	PURCHASES	2,799,580	4.8854 GBP	4.8200 GBP
10p ordinary	PURCHASES	3,640	5.6853 EUR	5.6853 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	154	4.8268 GBP
10p ordinary	CFD	increasing a long position	1,303	4.8362 GBP
10p ordinary	CFD	increasing a long position	10,327	4.8422 GBP
10p ordinary	CFD	increasing a long position	554	4.8448 GBP
10p ordinary	CFD	increasing a long position	2,790	4.8448 GBP
10p ordinary	CFD	increasing a long position	504	4.8484 GBP
10p ordinary	CFD	increasing a long position	306	4.8485 GBP
10p ordinary	CFD	increasing a long position	14,260	4.8497 GBP
10p ordinary	CFD	increasing a long position	915	4.8506 GBP
10p ordinary	CFD	increasing a long position	1,276	4.8540 GBP
10p ordinary	CFD	increasing a long position	2,615	4.8595 GBP
10p ordinary	CFD	increasing a long position	1,612	4.8612 GBP
10p ordinary	CFD	increasing a long position	2,586	4.8613 GBP
10p ordinary	CFD	increasing a long position	66	4.8618 GBP
10p ordinary	CFD	increasing a long position	3,869	4.8648 GBP
10p ordinary	CFD	increasing a long position	1,224	4.8732 GBP
10p ordinary	CFD	increasing a long position	3,395	4.8823 GBP
10p ordinary	CFD	increasing a long position	2,879,864	4.8830 GBP
10p ordinary	CFD	increasing a long position	42,020	4.8850 GBP
10p ordinary	CFD	increasing a long position	37,676	4.8850 GBP
10p ordinary	CFD	increasing a long position	778	4.8850 GBP
10p ordinary	CFD	increasing a long position	8,373	4.8850 GBP
10p ordinary	CFD	increasing a long position	21,890	4.8850 GBP
10p ordinary	CFD	increasing a long position	6,647	4.8850 GBP
10p ordinary	CFD	increasing a long position	28,079	4.8850 GBP
10p ordinary	CFD	increasing a short position	681	4.8351 GBP
10p ordinary	CFD	increasing a short position	7,925	4.8448 GBP
10p ordinary	CFD	increasing a short position	13,149	4.8450 GBP
10p ordinary	CFD	increasing a short position	218,962	4.8468 GBP
10p ordinary	CFD	increasing a short position	379,622	4.8468 GBP
10p ordinary	CFD	increasing a short position	79,638	4.8468 GBP
10p ordinary	CFD	increasing a short position	9,272	4.8469 GBP
10p ordinary	CFD	increasing a short position	57,585	4.8486 GBP
10p ordinary	CFD	increasing a short position	3,640	4.8499 GBP
10p ordinary	CFD	increasing a short position	166	4.8525 GBP
10p ordinary	CFD	increasing a short position	1,739	4.8581 GBP
10p ordinary	CFD	increasing a short position	219,648	4.8600 GBP
10p ordinary	CFD	increasing a short position	58,026	4.8637 GBP
10p ordinary	CFD	increasing a short position	6,733	4.8637 GBP
10p ordinary	CFD	increasing a short position	904	4.8689 GBP
10p ordinary	CFD	increasing a short position	322	4.8830 GBP
10p ordinary	CFD	increasing a short position	152,729	4.8850 GBP
10p ordinary	CFD	increasing a short position	291,963	4.8850 GBP
10p ordinary	CFD	increasing a short position	115	4.8854 GBP
10p ordinary	CFD	increasing a short position	5,517	4.8854 GBP
10p ordinary	CFD	increasing a short position	34	4.8854 GBP
10p ordinary	CFD	increasing a short position	15	4.8854 GBP
10p ordinary	CFD	reducing a long position	456	4.8372 GBP
10p ordinary	CFD	reducing a long position	2,615	4.8406 GBP
10p ordinary	CFD	reducing a long position	1,055	4.8461 GBP
10p ordinary	CFD	reducing a long position	1,612	4.8461 GBP
10p ordinary	CFD	reducing a long position	306	4.8505 GBP
10p ordinary	CFD	reducing a long position	4,396	4.8597 GBP
10p ordinary	CFD	reducing a long position	99,352	4.8601 GBP
10p ordinary	CFD	reducing a long position	5,603	4.8601 GBP
10p ordinary	CFD	reducing a long position	27,739	4.8601 GBP
10p ordinary	CFD	reducing a long position	5,886	4.8601 GBP
10p ordinary	CFD	reducing a long position	6,270	4.8623 GBP
10p ordinary	CFD	reducing a long position	16,633	4.8623 GBP
10p ordinary	CFD	reducing a long position	82,722	4.8624 GBP
10p ordinary	CFD	reducing a long position	43,500	4.8630 GBP
10p ordinary	CFD	reducing a long position	590	4.8651 GBP
10p ordinary	CFD	reducing a long position	18,719	4.8684 GBP
10p ordinary	CFD	reducing a long position	1,796	4.8689 GBP
10p ordinary	CFD	reducing a long position	3,720	4.8693 GBP
10p ordinary	CFD	reducing a long position	6,203	4.8714 GBP
10p ordinary	CFD	reducing a long position	110,027	4.8714 GBP
10p ordinary	CFD	reducing a long position	30,717	4.8714 GBP
10p ordinary	CFD	reducing a long position	6,516	4.8714 GBP
10p ordinary	CFD	reducing a long position	1,229	4.8767 GBP
10p ordinary	CFD	reducing a long position	11,580	4.8845 GBP
10p ordinary	CFD	reducing a long position	9,504	4.8845 GBP
10p ordinary	CFD	reducing a long position	61	4.8850 GBP
10p ordinary	CFD	reducing a long position	3,216	4.8850 GBP
10p ordinary	CFD	reducing a long position	11,389	4.8850 GBP
10p ordinary	CFD	reducing a long position	23,347	4.8850 GBP
10p ordinary	CFD	reducing a short position	411	4.8368 GBP
10p ordinary	CFD	reducing a short position	31,730	4.8479 GBP
10p ordinary	CFD	reducing a short position	281	4.8506 GBP
10p ordinary	CFD	reducing a short position	86,620	4.8516 GBP
10p ordinary	CFD	reducing a short position	21,808	4.8516 GBP
10p ordinary	CFD	reducing a short position	63,411	4.8516 GBP
10p ordinary	CFD	reducing a short position	82,737	4.8516 GBP
10p ordinary	CFD	reducing a short position	58,060	4.8516 GBP
10p ordinary	CFD	reducing a short position	10,169	4.8541 GBP
10p ordinary	CFD	reducing a short position	2,667	4.8580 GBP
10p ordinary	CFD	reducing a short position	11,848	4.8613 GBP
10p ordinary	CFD	reducing a short position	9,600	4.8635 GBP
10p ordinary	CFD	reducing a short position	166	4.8639 GBP
10p ordinary	CFD	reducing a short position	2,905	4.8653 GBP
10p ordinary	CFD	reducing a short position	6,588	4.8653 GBP
10p ordinary	CFD	reducing a short position	38,003	4.8663 GBP
10p ordinary	CFD	reducing a short position	162,180	4.8723 GBP
10p ordinary	CFD	reducing a short position	529	4.8757 GBP
10p ordinary	CFD	reducing a short position	4,719	4.8849 GBP
10p ordinary	CFD	reducing a short position	20,326	4.8850 GBP
10p ordinary	CFD	reducing a short position	322	4.8850 GBP
10p ordinary	CFD	reducing a short position	976	4.8850 GBP
10p ordinary	CFD	reducing a short position	23,039	4.8850 GBP
10p ordinary	CFD	reducing a short position	11,363	4.8850 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:	14 February 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