Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

24 June 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:	20 June 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	877,646	4.7800 GBP	4.7000 GBP
10p ordinary	PURCHASES	855,049	4.7860 GBP	4.7000 GBP
10p ordinary	PURCHASES	10,436	5.6389 EUR	5.6389 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	3,764	4.7541 GBP
10p ordinary	CFD	increasing a long position	1,856	4.7620 GBP
10p ordinary	CFD	increasing a long position	2	4.7620 GBP
10p ordinary	CFD	increasing a long position	3,628	4.7622 GBP
10p ordinary	CFD	increasing a long position	2,600	4.7626 GBP
10p ordinary	CFD	increasing a long position	11,754	4.7658 GBP
10p ordinary	CFD	increasing a long position	44	4.7688 GBP
10p ordinary	CFD	increasing a short position	1,363	4.7393 GBP
10p ordinary	CFD	increasing a short position	358	4.7480 GBP
10p ordinary	CFD	increasing a short position	142	4.7499 GBP
10p ordinary	CFD	increasing a short position	7,648	4.7519 GBP
10p ordinary	CFD	increasing a short position	4,844	4.7553 GBP
10p ordinary	CFD	increasing a short position	344	4.7578 GBP
10p ordinary	CFD	increasing a short position	60,004	4.7588 GBP
10p ordinary	CFD	increasing a short position	426	4.7604 GBP
10p ordinary	CFD	increasing a short position	334	4.7604 GBP
10p ordinary	CFD	increasing a short position	12,400	4.7607 GBP
10p ordinary	CFD	increasing a short position	38,231	4.7607 GBP
10p ordinary	CFD	increasing a short position	2,230	4.7623 GBP
10p ordinary	CFD	increasing a short position	11,643	4.7625 GBP
10p ordinary	CFD	increasing a short position	9,294	4.7644 GBP
10p ordinary	CFD	increasing a short position	2,952	4.7645 GBP
10p ordinary	CFD	increasing a short position	6,863	4.7646 GBP
10p ordinary	CFD	increasing a short position	44,088	4.7652 GBP
10p ordinary	CFD	increasing a short position	8,460	4.7654 GBP
10p ordinary	CFD	increasing a short position	10,436	4.7675 GBP
10p ordinary	CFD	increasing a short position	11,626	4.7680 GBP
10p ordinary	CFD	increasing a short position	38	4.7680 GBP
10p ordinary	CFD	increasing a short position	1,039	4.7680 GBP
10p ordinary	CFD	increasing a short position	3	4.7680 GBP
10p ordinary	CFD	increasing a short position	330	4.7683 GBP
10p ordinary	CFD	reducing a long position	7,322	4.7595 GBP
10p ordinary	CFD	reducing a long position	691	4.7607 GBP
10p ordinary	CFD	reducing a long position	1,932	4.7612 GBP
10p ordinary	CFD	reducing a long position	2,600	4.7625 GBP
10p ordinary	CFD	reducing a long position	1,815	4.7639 GBP
10p ordinary	CFD	reducing a long position	2,188	4.7652 GBP
10p ordinary	CFD	reducing a long position	2	4.7654 GBP
10p ordinary	CFD	reducing a long position	42,853	4.7672 GBP
10p ordinary	CFD	reducing a long position	1,893	4.7680 GBP
10p ordinary	CFD	reducing a long position	17,707	4.7680 GBP
10p ordinary	CFD	reducing a long position	2,406	4.7680 GBP
10p ordinary	CFD	reducing a short position	1,363	4.7379 GBP
10p ordinary	CFD	reducing a short position	411	4.7463 GBP
10p ordinary	CFD	reducing a short position	870	4.7515 GBP
10p ordinary	CFD	reducing a short position	7,642	4.7515 GBP
10p ordinary	CFD	reducing a short position	4,844	4.7516 GBP
10p ordinary	CFD	reducing a short position	32,886	4.7565 GBP
10p ordinary	CFD	reducing a short position	56,675	4.7576 GBP
10p ordinary	CFD	reducing a short position	17,430	4.7621 GBP
10p ordinary	CFD	reducing a short position	44,200	4.7627 GBP
10p ordinary	CFD	reducing a short position	9,294	4.7636 GBP
10p ordinary	CFD	reducing a short position	110	4.7640 GBP
10p ordinary	CFD	reducing a short position	13,710	4.7645 GBP
10p ordinary	CFD	reducing a short position	7,084	4.7648 GBP
10p ordinary	CFD	reducing a short position	118,518	4.7660 GBP
10p ordinary	CFD	reducing a short position	7,552	4.7675 GBP
10p ordinary	CFD	reducing a short position	193	4.7676 GBP
10p ordinary	CFD	reducing a short position	37	4.7676 GBP
10p ordinary	CFD	reducing a short position	12,689	4.7676 GBP
10p ordinary	CFD	reducing a short position	72	4.7676 GBP
10p ordinary	CFD	reducing a short position	798	4.7680 GBP
10p ordinary	CFD	reducing a short position	105	4.7683 GBP
10p ordinary	CFD	reducing a short position	49	4.7685 GBP
10p ordinary	CFD	reducing a short position	4	4.7717 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:	24 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