Form 8.5 (EPT/RI)-Replacement of Barratt

Morgan Stanley & Co. Int'l plc

04 March 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:	29 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 - 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	3,715,677	4.6970 GBP	4.6310 GBP
10p ordinary	SALES	3,500,353	4.6970 GBP	4.6280 GBP
10p ordinary	SALES	3,047	5.8872 USD	5.8872 USD

(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	758,132	4.6500 GBP
10p ordinary	CFD	increasing a long position	358	4.6500 GBP
10p ordinary	CFD	increasing a long position	496,800	4.6529 GBP
10p ordinary	CFD	increasing a long position	3,047	4.6583 GBP
10p ordinary	CFD	increasing a long position	5	4.6650 GBP
10p ordinary	CFD	increasing a long position	1,723	4.6650 GBP
10p ordinary	CFD	increasing a long position	21,600	4.6650 GBP
10p ordinary	CFD	increasing a long position	69	4.6650 GBP
10p ordinary	CFD	increasing a long position	175	4.6650 GBP
10p ordinary	CFD	increasing a long position	37,531	4.6660 GBP
10p ordinary	CFD	increasing a long position	101,521	4.6661 GBP
10p ordinary	CFD	increasing a long position	11	4.6664 GBP
10p ordinary	CFD	increasing a long position	1,831	4.6711 GBP
10p ordinary	CFD	increasing a short position	522	4.6352 GBP
10p ordinary	CFD	increasing a short position	4,697	4.6485 GBP
10p ordinary	CFD	increasing a short position	538	4.6498 GBP
10p ordinary	CFD	increasing a short position	67	4.6500 GBP
10p ordinary	CFD	increasing a short position	101	4.6542 GBP
10p ordinary	CFD	increasing a short position	329	4.6559 GBP
10p ordinary	CFD	increasing a short position	1,853	4.6564 GBP
10p ordinary	CFD	increasing a short position	1,113	4.6589 GBP
10p ordinary	CFD	increasing a short position	7,305	4.6606 GBP
10p ordinary	CFD	increasing a short position	45,202	4.6607 GBP
10p ordinary	CFD	increasing a short position	25,004	4.6608 GBP
10p ordinary	CFD	increasing a short position	215	4.6610 GBP
10p ordinary	CFD	increasing a short position	100	4.6630 GBP
10p ordinary	CFD	increasing a short position	436	4.6634 GBP
10p ordinary	CFD	increasing a short position	4,636	4.6641 GBP
10p ordinary	CFD	increasing a short position	211,500	4.6642 GBP
10p ordinary	CFD	increasing a short position	4,286	4.6644 GBP
10p ordinary	CFD	increasing a short position	7,630	4.6650 GBP
10p ordinary	CFD	increasing a short position	13,292	4.6650 GBP
10p ordinary	CFD	increasing a short position	398	4.6650 GBP
10p ordinary	CFD	increasing a short position	166,779	4.6650 GBP
10p ordinary	CFD	increasing a short position	53,143	4.6651 GBP
10p ordinary	CFD	increasing a short position	5,060	4.6658 GBP
10p ordinary	CFD	increasing a short position	588	4.6658 GBP
10p ordinary	CFD	increasing a short position	62,165	4.6668 GBP
10p ordinary	CFD	increasing a short position	34,964	4.6672 GBP
10p ordinary	CFD	increasing a short position	5,871	4.6672 GBP
10p ordinary	CFD	increasing a short position	16,142	4.6672 GBP
10p ordinary	CFD	increasing a short position	27,987	4.6672 GBP
10p ordinary	CFD	increasing a short position	48,071	4.6673 GBP
10p ordinary	CFD	increasing a short position	28,530	4.6687 GBP
10p ordinary	CFD	increasing a short position	887	4.6700 GBP
10p ordinary	CFD	increasing a short position	1,373	4.6725 GBP
10p ordinary	CFD	increasing a short position	11,951	4.6822 GBP
10p ordinary	CFD	reducing a long position	23,510	4.6351 GBP
10p ordinary	CFD	reducing a long position	2	4.6372 GBP
10p ordinary	CFD	reducing a long position	104,284	4.6428 GBP
10p ordinary	CFD	reducing a long position	758,132	4.6500 GBP
10p ordinary	CFD	reducing a long position	122	4.6500 GBP
10p ordinary	CFD	reducing a long position	2	4.6535 GBP
10p ordinary	CFD	reducing a long position	15,402	4.6541 GBP
10p ordinary	CFD	reducing a long position	4,565	4.6599 GBP
10p ordinary	CFD	reducing a long position	156,958	4.6606 GBP
10p ordinary	CFD	reducing a long position	2,697	4.6608 GBP
10p ordinary	CFD	reducing a long position	4,533	4.6622 GBP
10p ordinary	CFD	reducing a long position	1,718	4.6625 GBP
10p ordinary	CFD	reducing a long position	39	4.6641 GBP
10p ordinary	CFD	reducing a long position	200	4.6641 GBP
10p ordinary	CFD	reducing a long position	4,866	4.6650 GBP
10p ordinary	CFD	reducing a long position	5	4.6650 GBP
10p ordinary	CFD	reducing a long position	61	4.6650 GBP
10p ordinary	CFD	reducing a long position	22,129	4.6651 GBP
10p ordinary	CFD	reducing a long position	3,512	4.6659 GBP
10p ordinary	CFD	reducing a long position	30,755	4.6673 GBP
10p ordinary	CFD	reducing a long position	29,758	4.6696 GBP
10p ordinary	CFD	reducing a long position	2,657	4.6836 GBP
10p ordinary	CFD	reducing a short position	244	4.6500 GBP
10p ordinary	CFD	reducing a short position	733	4.6529 GBP
10p ordinary	CFD	reducing a short position	1,828	4.6530 GBP
10p ordinary	CFD	reducing a short position	5	4.6562 GBP
10p ordinary	CFD	reducing a short position	14,803	4.6602 GBP
10p ordinary	CFD	reducing a short position	6,559	4.6602 GBP
10p ordinary	CFD	reducing a short position	45,202	4.6631 GBP
10p ordinary	CFD	reducing a short position	58,710	4.6637 GBP
10p ordinary	CFD	reducing a short position	100	4.6640 GBP
10p ordinary	CFD	reducing a short position	69	4.6649 GBP
10p ordinary	CFD	reducing a short position	3,720	4.6650 GBP
10p ordinary	CFD	reducing a short position	109	4.6650 GBP
10p ordinary	CFD	reducing a short position	7,630	4.6650 GBP
10p ordinary	CFD	reducing a short position	1	4.6650 GBP
10p ordinary	CFD	reducing a short position	63,762	4.6650 GBP
10p ordinary	CFD	reducing a short position	10	4.6650 GBP
10p ordinary	CFD	reducing a short position	12,549	4.6660 GBP
10p ordinary	CFD	reducing a short position	5,675	4.6665 GBP
10p ordinary	CFD	reducing a short position	22,238	4.6681 GBP
10p ordinary	CFD	reducing a short position	176	4.6685 GBP
10p ordinary	CFD	reducing a short position	16,914	4.6786 GBP
10p ordinary	CFD	reducing a short position	887	4.6810 GBP
10p ordinary	CFD	reducing a short position	16,844	4.6819 GBP
10p ordinary	CFD	reducing a short position	268	4.6835 GBP
10p ordinary	CFD	reducing a short position	199	4.6836 GBP
10p ordinary	CFD	reducing a short position	17,172	4.6849 GBP
10p ordinary	CFD	reducing a short position	12,882	4.6855 GBP
10p ordinary	CFD	reducing a short position	348	4.6939 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:	04 March 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