Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

03 June 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:	30 May 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	836,873	5.0380 GBP	4.9250 GBP
10p ordinary	PURCHASES	1,258,615	5.0420 GBP	4.9248 GBP
10p ordinary	PURCHASES	5,623	5.9098 EUR	5.9098 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	2,094	5.0123 GBP
10p ordinary	CFD	increasing a long position	16,049	5.0183 GBP
10p ordinary	CFD	increasing a long position	122,453	5.0205 GBP
10p ordinary	CFD	increasing a long position	662	5.0218 GBP
10p ordinary	CFD	increasing a long position	29,270	5.0235 GBP
10p ordinary	CFD	increasing a long position	8,584	5.0241 GBP
10p ordinary	CFD	increasing a long position	24,154	5.0245 GBP
10p ordinary	CFD	increasing a long position	2,754	5.0253 GBP
10p ordinary	CFD	increasing a long position	10,252	5.0262 GBP
10p ordinary	CFD	increasing a long position	2,394	5.0265 GBP
10p ordinary	CFD	increasing a long position	16,770	5.0295 GBP
10p ordinary	CFD	increasing a long position	18,380	5.0300 GBP
10p ordinary	CFD	increasing a long position	114	5.0300 GBP
10p ordinary	CFD	increasing a long position	816	5.0300 GBP
10p ordinary	CFD	increasing a long position	6,853	5.0300 GBP
10p ordinary	CFD	increasing a long position	8,168	5.0300 GBP
10p ordinary	CFD	increasing a short position	138	5.0059 GBP
10p ordinary	CFD	increasing a short position	3	5.0220 GBP
10p ordinary	CFD	increasing a short position	7,958	5.0223 GBP
10p ordinary	CFD	increasing a short position	30,233	5.0236 GBP
10p ordinary	CFD	increasing a short position	683	5.0258 GBP
10p ordinary	CFD	increasing a short position	66	5.0260 GBP
10p ordinary	CFD	increasing a short position	13,645	5.0283 GBP
10p ordinary	CFD	increasing a short position	16,389	5.0284 GBP
10p ordinary	CFD	increasing a short position	5,623	5.0285 GBP
10p ordinary	CFD	increasing a short position	2,643	5.0287 GBP
10p ordinary	CFD	increasing a short position	118,257	5.0291 GBP
10p ordinary	CFD	increasing a short position	54	5.0300 GBP
10p ordinary	CFD	increasing a short position	772	5.0300 GBP
10p ordinary	CFD	increasing a short position	2,583	5.0300 GBP
10p ordinary	CFD	increasing a short position	20,025	5.0300 GBP
10p ordinary	CFD	increasing a short position	1,383	5.0305 GBP
10p ordinary	CFD	increasing a short position	1,789	5.0306 GBP
10p ordinary	CFD	reducing a long position	476,101	4.9250 GBP
10p ordinary	CFD	reducing a long position	233	4.9563 GBP
10p ordinary	CFD	reducing a long position	2,091	4.9696 GBP
10p ordinary	CFD	reducing a long position	12,587	4.9947 GBP
10p ordinary	CFD	reducing a long position	1	5.0200 GBP
10p ordinary	CFD	reducing a long position	3,572	5.0204 GBP
10p ordinary	CFD	reducing a long position	29,037	5.0223 GBP
10p ordinary	CFD	reducing a long position	2,150	5.0236 GBP
10p ordinary	CFD	reducing a long position	148	5.0259 GBP
10p ordinary	CFD	reducing a long position	1,294	5.0259 GBP
10p ordinary	CFD	reducing a long position	23,994	5.0283 GBP
10p ordinary	CFD	reducing a long position	16,089	5.0286 GBP
10p ordinary	CFD	reducing a long position	7,515	5.0300 GBP
10p ordinary	CFD	reducing a long position	1,000	5.0300 GBP
10p ordinary	CFD	reducing a long position	28,312	5.0300 GBP
10p ordinary	CFD	reducing a long position	765	5.0300 GBP
10p ordinary	CFD	reducing a long position	5,259	5.0310 GBP
10p ordinary	CFD	reducing a long position	73	5.0310 GBP
10p ordinary	CFD	reducing a short position	30,233	5.0123 GBP
10p ordinary	CFD	reducing a short position	22,213	5.0147 GBP
10p ordinary	CFD	reducing a short position	138	5.0151 GBP
10p ordinary	CFD	reducing a short position	1,800	5.0167 GBP
10p ordinary	CFD	reducing a short position	6,064	5.0171 GBP
10p ordinary	CFD	reducing a short position	1,500	5.0172 GBP
10p ordinary	CFD	reducing a short position	462	5.0173 GBP
10p ordinary	CFD	reducing a short position	1,308	5.0183 GBP
10p ordinary	CFD	reducing a short position	1,200	5.0187 GBP
10p ordinary	CFD	reducing a short position	13	5.0191 GBP
10p ordinary	CFD	reducing a short position	24	5.0192 GBP
10p ordinary	CFD	reducing a short position	1,164	5.0205 GBP
10p ordinary	CFD	reducing a short position	222	5.0219 GBP
10p ordinary	CFD	reducing a short position	80,500	5.0227 GBP
10p ordinary	CFD	reducing a short position	11,272	5.0235 GBP
10p ordinary	CFD	reducing a short position	6,794	5.0241 GBP
10p ordinary	CFD	reducing a short position	5,070	5.0292 GBP
10p ordinary	CFD	reducing a short position	683	5.0299 GBP
10p ordinary	CFD	reducing a short position	8,791	5.0300 GBP
10p ordinary	CFD	reducing a short position	734	5.0300 GBP
10p ordinary	CFD	reducing a short position	652	5.0300 GBP
10p ordinary	CFD	reducing a short position	192	5.0300 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:	03 June 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