Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

15 May 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:	26 April 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	1,056,036	4.5771 GBP	4.5160 GBP
10p ordinary	SALES	1,134,036	4.5810 GBP	4.5340 GBP
10p ordinary	SALES	28,538	5.3111 EUR	5.3111 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	10,346	4.5486 GBP
10p ordinary	CFD	increasing a long position	7,222	4.5489 GBP
10p ordinary	CFD	increasing a long position	1,954	4.5490 GBP
10p ordinary	CFD	increasing a long position	51	4.5490 GBP
10p ordinary	CFD	increasing a long position	536	4.5490 GBP
10p ordinary	CFD	increasing a long position	479	4.5490 GBP
10p ordinary	CFD	increasing a long position	197	4.5490 GBP
10p ordinary	CFD	increasing a long position	26	4.5490 GBP
10p ordinary	CFD	increasing a long position	1,567	4.5526 GBP
10p ordinary	CFD	increasing a long position	372,297	4.5550 GBP
10p ordinary	CFD	increasing a long position	2,658	4.5561 GBP
10p ordinary	CFD	increasing a long position	10,654	4.5587 GBP
10p ordinary	CFD	increasing a long position	119	4.5622 GBP
10p ordinary	CFD	increasing a long position	6,051	4.5623 GBP
10p ordinary	CFD	increasing a short position	87	4.5360 GBP
10p ordinary	CFD	increasing a short position	4,236	4.5452 GBP
10p ordinary	CFD	increasing a short position	2,999	4.5458 GBP
10p ordinary	CFD	increasing a short position	204	4.5472 GBP
10p ordinary	CFD	increasing a short position	2,810	4.5486 GBP
10p ordinary	CFD	increasing a short position	25,846	4.5490 GBP
10p ordinary	CFD	increasing a short position	14,177	4.5494 GBP
10p ordinary	CFD	increasing a short position	45	4.5503 GBP
10p ordinary	CFD	increasing a short position	537	4.5503 GBP
10p ordinary	CFD	increasing a short position	481	4.5521 GBP
10p ordinary	CFD	increasing a short position	670	4.5522 GBP
10p ordinary	CFD	increasing a short position	8,194	4.5536 GBP
10p ordinary	CFD	increasing a short position	4,014	4.5538 GBP
10p ordinary	CFD	increasing a short position	1,769	4.5553 GBP
10p ordinary	CFD	increasing a short position	54,645	4.5561 GBP
10p ordinary	CFD	increasing a short position	392	4.5583 GBP
10p ordinary	CFD	increasing a short position	300	4.5610 GBP
10p ordinary	CFD	increasing a short position	394	4.5719 GBP
10p ordinary	CFD	increasing a short position	1,202	4.5747 GBP
10p ordinary	CFD	increasing a short position	262,412	4.5751 GBP
10p ordinary	CFD	increasing a short position	10	4.5770 GBP
10p ordinary	CFD	reducing a long position	211,096	4.4150 GBP
10p ordinary	CFD	reducing a long position	197	4.5160 GBP
10p ordinary	CFD	reducing a long position	119	4.5494 GBP
10p ordinary	CFD	reducing a long position	5	4.5500 GBP
10p ordinary	CFD	reducing a long position	7,222	4.5519 GBP
10p ordinary	CFD	reducing a long position	32,267	4.5547 GBP
10p ordinary	CFD	reducing a long position	1,567	4.5622 GBP
10p ordinary	CFD	reducing a short position	100	4.5160 GBP
10p ordinary	CFD	reducing a short position	642	4.5420 GBP
10p ordinary	CFD	reducing a short position	1,175	4.5483 GBP
10p ordinary	CFD	reducing a short position	2,124	4.5489 GBP
10p ordinary	CFD	reducing a short position	252	4.5489 GBP
10p ordinary	CFD	reducing a short position	10,644	4.5490 GBP
10p ordinary	CFD	reducing a short position	13,852	4.5490 GBP
10p ordinary	CFD	reducing a short position	181	4.5490 GBP
10p ordinary	CFD	reducing a short position	2,138	4.5491 GBP
10p ordinary	CFD	reducing a short position	11,121	4.5516 GBP
10p ordinary	CFD	reducing a short position	1,185	4.5524 GBP
10p ordinary	CFD	reducing a short position	28,538	4.5530 GBP
10p ordinary	CFD	reducing a short position	21,937	4.5540 GBP
10p ordinary	CFD	reducing a short position	13,274	4.5540 GBP
10p ordinary	CFD	reducing a short position	63,000	4.5540 GBP
10p ordinary	CFD	reducing a short position	33,931	4.5541 GBP
10p ordinary	CFD	reducing a short position	26	4.5550 GBP
10p ordinary	CFD	reducing a short position	51	4.5550 GBP
10p ordinary	CFD	reducing a short position	7,565	4.5550 GBP
10p ordinary	CFD	reducing a short position	142	4.5550 GBP
10p ordinary	CFD	reducing a short position	19,839	4.5554 GBP
10p ordinary	CFD	reducing a short position	26,829	4.5563 GBP
10p ordinary	CFD	reducing a short position	11,774	4.5563 GBP
10p ordinary	CFD	reducing a short position	32	4.5565 GBP
10p ordinary	CFD	reducing a short position	358	4.5575 GBP
10p ordinary	CFD	reducing a short position	53,808	4.5580 GBP
10p ordinary	CFD	reducing a short position	1,459	4.5587 GBP
10p ordinary	CFD	reducing a short position	168	4.5587 GBP
10p ordinary	CFD	reducing a short position	3,541	4.5592 GBP
10p ordinary	CFD	reducing a short position	560	4.5627 GBP
10p ordinary	CFD	reducing a short position	717	4.5643 GBP
10p ordinary	CFD	reducing a short position	1	4.5680 GBP
10p ordinary	CFD	reducing a short position	1,533	4.5717 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:	15 May 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