Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

20 February 2024

 

AMENDMENT(2(a))

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:	15 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	SALES	1,511,203	4.7750 GBP	4.7270 GBP
10p ordinary	PURCHASES	1,382,282	4.7756 GBP	4.7235 GBP
10p ordinary	PURCHASES	642	5.9874 USD	5.9874 USD
10p ordinary	SALES	642	5.9874 USD	5.9874 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	335	4.7359 GBP
10p ordinary	CFD	increasing a long position	1,567	4.7372 GBP
10p ordinary	CFD	increasing a long position	4,651	4.7381 GBP
10p ordinary	CFD	increasing a long position	432	4.7389 GBP
10p ordinary	CFD	increasing a long position	2,368	4.7440 GBP
10p ordinary	CFD	increasing a long position	5,037	4.7484 GBP
10p ordinary	CFD	increasing a long position	2,288	4.7488 GBP
10p ordinary	CFD	increasing a long position	3,869	4.7490 GBP
10p ordinary	CFD	increasing a long position	2,135	4.7505 GBP
10p ordinary	CFD	increasing a long position	203,465	4.7508 GBP
10p ordinary	CFD	increasing a long position	604	4.7528 GBP
10p ordinary	CFD	increasing a long position	119	4.7528 GBP
10p ordinary	CFD	increasing a long position	35,145	4.7530 GBP
10p ordinary	CFD	increasing a long position	145,906	4.7545 GBP
10p ordinary	CFD	increasing a long position	3,531	4.7557 GBP
10p ordinary	CFD	increasing a long position	70,288	4.7563 GBP
10p ordinary	CFD	increasing a long position	4,521	4.7570 GBP
10p ordinary	CFD	increasing a long position	4,610	4.7570 GBP
10p ordinary	CFD	increasing a long position	20	4.7570 GBP
10p ordinary	CFD	increasing a long position	5,035	4.7585 GBP
10p ordinary	CFD	increasing a long position	583	4.7617 GBP
10p ordinary	CFD	increasing a short position	32,285	4.7336 GBP
10p ordinary	CFD	increasing a short position	55,973	4.7336 GBP
10p ordinary	CFD	increasing a short position	11,742	4.7336 GBP
10p ordinary	CFD	increasing a short position	1,759	4.7378 GBP
10p ordinary	CFD	increasing a short position	721	4.7429 GBP
10p ordinary	CFD	increasing a short position	878	4.7429 GBP
10p ordinary	CFD	increasing a short position	157	4.7470 GBP
10p ordinary	CFD	increasing a short position	9,402	4.7493 GBP
10p ordinary	CFD	increasing a short position	13	4.7527 GBP
10p ordinary	CFD	increasing a short position	3,120	4.7531 GBP
10p ordinary	CFD	increasing a short position	8,221	4.7559 GBP
10p ordinary	CFD	increasing a short position	162,498	4.7570 GBP
10p ordinary	CFD	increasing a short position	1,062	4.7570 GBP
10p ordinary	CFD	increasing a short position	2,446	4.7570 GBP
10p ordinary	CFD	increasing a short position	2,979	4.7570 GBP
10p ordinary	CFD	increasing a short position	126,060	4.7570 GBP
10p ordinary	CFD	increasing a short position	32,285	4.7584 GBP
10p ordinary	CFD	increasing a short position	11,742	4.7584 GBP
10p ordinary	CFD	increasing a short position	55,973	4.7584 GBP
10p ordinary	CFD	increasing a short position	398	4.7600 GBP
10p ordinary	CFD	reducing a long position	6,880	4.7380 GBP
10p ordinary	CFD	reducing a long position	4,651	4.7458 GBP
10p ordinary	CFD	reducing a long position	12,235	4.7472 GBP
10p ordinary	CFD	reducing a long position	4,053	4.7483 GBP
10p ordinary	CFD	reducing a long position	98,901	4.7497 GBP
10p ordinary	CFD	reducing a long position	2,838	4.7517 GBP
10p ordinary	CFD	reducing a long position	18,094	4.7521 GBP
10p ordinary	CFD	reducing a long position	46,500	4.7537 GBP
10p ordinary	CFD	reducing a long position	93,464	4.7555 GBP
10p ordinary	CFD	reducing a long position	5,042	4.7570 GBP
10p ordinary	CFD	reducing a long position	1,158	4.7570 GBP
10p ordinary	CFD	reducing a long position	335	4.7570 GBP
10p ordinary	CFD	reducing a long position	38,703	4.7570 GBP
10p ordinary	CFD	reducing a long position	58	4.7572 GBP
10p ordinary	CFD	reducing a long position	1,072	4.7573 GBP
10p ordinary	CFD	reducing a long position	51	4.7592 GBP
10p ordinary	CFD	reducing a long position	101	4.7600 GBP
10p ordinary	CFD	reducing a long position	499	4.7600 GBP
10p ordinary	CFD	reducing a long position	2,368	4.7600 GBP
10p ordinary	CFD	reducing a short position	157	4.7450 GBP
10p ordinary	CFD	reducing a short position	3,941	4.7457 GBP
10p ordinary	CFD	reducing a short position	14,744	4.7486 GBP
10p ordinary	CFD	reducing a short position	233	4.7487 GBP
10p ordinary	CFD	reducing a short position	357	4.7498 GBP
10p ordinary	CFD	reducing a short position	3,081	4.7498 GBP
10p ordinary	CFD	reducing a short position	50,811	4.7530 GBP
10p ordinary	CFD	reducing a short position	19,280	4.7552 GBP
10p ordinary	CFD	reducing a short position	10,700	4.7566 GBP
10p ordinary	CFD	reducing a short position	162,498	4.7570 GBP
10p ordinary	CFD	reducing a short position	6,365	4.7585 GBP
10p ordinary	CFD	reducing a short position	31	4.7613 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:	20 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