Form 8.5 (EPT/RI)-Replacement of Barratt

Morgan Stanley & Co. Int'l plc

16 August 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:	14 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"	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	2,059,785	5.4921 GBP	5.3431 GBP
10p ordinary	SALES	3,283,181	5.4923 GBP	5.3540 GBP
10p ordinary	SALES	3,219	6.3812 EUR	6.3812 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	149	5.3559 GBP
10p ordinary	CFD	increasing a long position	3,355	5.3761 GBP
10p ordinary	CFD	increasing a long position	7,338	5.3880 GBP
10p ordinary	CFD	increasing a long position	4,205	5.3980 GBP
10p ordinary	CFD	increasing a long position	115,200	5.3980 GBP
10p ordinary	CFD	increasing a long position	44,640	5.4008 GBP
10p ordinary	CFD	increasing a long position	793	5.4011 GBP
10p ordinary	CFD	increasing a long position	99,360	5.4117 GBP
10p ordinary	CFD	increasing a long position	21	5.4127 GBP
10p ordinary	CFD	increasing a long position	14,720	5.4205 GBP
10p ordinary	CFD	increasing a long position	36,000	5.4209 GBP
10p ordinary	CFD	increasing a long position	36,000	5.4243 GBP
10p ordinary	CFD	increasing a long position	793	5.4249 GBP
10p ordinary	CFD	increasing a long position	65,173	5.4287 GBP
10p ordinary	CFD	increasing a long position	120,792	5.4287 GBP
10p ordinary	CFD	increasing a long position	193,547	5.4287 GBP
10p ordinary	CFD	increasing a long position	226,658	5.4287 GBP
10p ordinary	CFD	increasing a long position	374,400	5.4287 GBP
10p ordinary	CFD	increasing a long position	23,685	5.4287 GBP
10p ordinary	CFD	increasing a long position	72,000	5.4296 GBP
10p ordinary	CFD	increasing a long position	13,277	5.4298 GBP
10p ordinary	CFD	increasing a long position	4,689	5.4298 GBP
10p ordinary	CFD	increasing a long position	22,980	5.4298 GBP
10p ordinary	CFD	increasing a long position	192,960	5.4375 GBP
10p ordinary	CFD	increasing a long position	23	5.4418 GBP
10p ordinary	CFD	increasing a long position	5,868	5.4761 GBP
10p ordinary	CFD	increasing a long position	3,219	5.4772 GBP
10p ordinary	CFD	increasing a long position	7,976	5.4920 GBP
10p ordinary	CFD	increasing a short position	9	5.3431 GBP
10p ordinary	CFD	increasing a short position	4,104	5.3440 GBP
10p ordinary	CFD	increasing a short position	487	5.3476 GBP
10p ordinary	CFD	increasing a short position	1,682	5.3490 GBP
10p ordinary	CFD	increasing a short position	1,447	5.3492 GBP
10p ordinary	CFD	increasing a short position	1,128	5.3509 GBP
10p ordinary	CFD	increasing a short position	135	5.3701 GBP
10p ordinary	CFD	increasing a short position	941	5.4011 GBP
10p ordinary	CFD	increasing a short position	13	5.4059 GBP
10p ordinary	CFD	increasing a short position	7	5.4067 GBP
10p ordinary	CFD	increasing a short position	7,564	5.4074 GBP
10p ordinary	CFD	increasing a short position	6,452	5.4111 GBP
10p ordinary	CFD	increasing a short position	888	5.4124 GBP
10p ordinary	CFD	increasing a short position	204	5.4125 GBP
10p ordinary	CFD	increasing a short position	423	5.4126 GBP
10p ordinary	CFD	increasing a short position	22,672	5.4129 GBP
10p ordinary	CFD	increasing a short position	312	5.4194 GBP
10p ordinary	CFD	increasing a short position	768	5.4263 GBP
10p ordinary	CFD	increasing a short position	5,090	5.4351 GBP
10p ordinary	CFD	increasing a short position	16,965	5.4352 GBP
10p ordinary	CFD	increasing a short position	40,066	5.4422 GBP
10p ordinary	CFD	increasing a short position	4,223	5.4422 GBP
10p ordinary	CFD	increasing a short position	2,500	5.4440 GBP
10p ordinary	CFD	increasing a short position	1	5.4480 GBP
10p ordinary	CFD	increasing a short position	1,232	5.4543 GBP
10p ordinary	CFD	increasing a short position	23,180	5.4559 GBP
10p ordinary	CFD	increasing a short position	5,582	5.4920 GBP
10p ordinary	CFD	increasing a short position	195	5.4920 GBP
10p ordinary	CFD	increasing a short position	8,612	5.4920 GBP
10p ordinary	CFD	increasing a short position	2,341	5.4921 GBP
10p ordinary	CFD	reducing a long position	4,205	5.3909 GBP
10p ordinary	CFD	reducing a long position	7,338	5.3933 GBP
10p ordinary	CFD	reducing a long position	377	5.4413 GBP
10p ordinary	CFD	reducing a long position	28,285	5.4433 GBP
10p ordinary	CFD	reducing a long position	934	5.4581 GBP
10p ordinary	CFD	reducing a long position	76,254	5.4761 GBP
10p ordinary	CFD	reducing a long position	149	5.4920 GBP
10p ordinary	CFD	reducing a long position	856	5.4920 GBP
10p ordinary	CFD	reducing a long position	43	5.4920 GBP
10p ordinary	CFD	reducing a long position	8,813	5.4920 GBP
10p ordinary	CFD	reducing a long position	2,421	5.4920 GBP
10p ordinary	CFD	reducing a short position	20,000	5.3540 GBP
10p ordinary	CFD	reducing a short position	785	5.3645 GBP
10p ordinary	CFD	reducing a short position	7	5.3761 GBP
10p ordinary	CFD	reducing a short position	10,855	5.4008 GBP
10p ordinary	CFD	reducing a short position	628	5.4092 GBP
10p ordinary	CFD	reducing a short position	3,036	5.4116 GBP
10p ordinary	CFD	reducing a short position	37,132	5.4205 GBP
10p ordinary	CFD	reducing a short position	118,457	5.4263 GBP
10p ordinary	CFD	reducing a short position	32,075	5.4263 GBP
10p ordinary	CFD	reducing a short position	17,111	5.4298 GBP
10p ordinary	CFD	reducing a short position	44	5.4400 GBP
10p ordinary	CFD	reducing a short position	2,191	5.4439 GBP
10p ordinary	CFD	reducing a short position	23,700	5.4505 GBP
10p ordinary	CFD	reducing a short position	39	5.4526 GBP
10p ordinary	CFD	reducing a short position	2,830	5.4579 GBP
10p ordinary	CFD	reducing a short position	13,061	5.4891 GBP
10p ordinary	CFD	reducing a short position	7,913	5.4892 GBP
10p ordinary	CFD	reducing a short position	834	5.4912 GBP
10p ordinary	CFD	reducing a short position	32	5.4917 GBP
10p ordinary	CFD	reducing a short position	3,456	5.4920 GBP
10p ordinary	CFD	reducing a short position	687	5.4920 GBP
10p ordinary	CFD	reducing a short position	129	5.4920 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:	16 August 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