Form 8.5 (EPT/RI)-Replacement of Barratt

Morgan Stanley & Co. Int'l plc

02 July 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:	28 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	PURCHASES	1,529,292	4.7730 GBP	4.6955 GBP
10p ordinary	SALES	1,748,704	4.7780 GBP	4.6970 GBP
10p ordinary	SALES	18,896	5.5668 EUR	5.5668 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	90	4.7090 GBP
10p ordinary	CFD	increasing a long position	3,262	4.7220 GBP
10p ordinary	CFD	increasing a long position	1,270	4.7220 GBP
10p ordinary	CFD	increasing a long position	31,057	4.7343 GBP
10p ordinary	CFD	increasing a long position	5,799	4.7358 GBP
10p ordinary	CFD	increasing a long position	7,160	4.7432 GBP
10p ordinary	CFD	increasing a long position	1,949	4.7480 GBP
10p ordinary	CFD	increasing a short position	10,219	4.7205 GBP
10p ordinary	CFD	increasing a short position	334	4.7220 GBP
10p ordinary	CFD	increasing a short position	19,832	4.7220 GBP
10p ordinary	CFD	increasing a short position	3,529	4.7220 GBP
10p ordinary	CFD	increasing a short position	5	4.7220 GBP
10p ordinary	CFD	increasing a short position	19	4.7220 GBP
10p ordinary	CFD	increasing a short position	6,751	4.7220 GBP
10p ordinary	CFD	increasing a short position	488	4.7220 GBP
10p ordinary	CFD	increasing a short position	165	4.7220 GBP
10p ordinary	CFD	increasing a short position	1,455	4.7221 GBP
10p ordinary	CFD	increasing a short position	17,642	4.7242 GBP
10p ordinary	CFD	increasing a short position	198	4.7270 GBP
10p ordinary	CFD	increasing a short position	1,603	4.7272 GBP
10p ordinary	CFD	increasing a short position	26,107	4.7297 GBP
10p ordinary	CFD	increasing a short position	528	4.7305 GBP
10p ordinary	CFD	increasing a short position	15,039	4.7346 GBP
10p ordinary	CFD	increasing a short position	47	4.7370 GBP
10p ordinary	CFD	increasing a short position	1,795	4.7370 GBP
10p ordinary	CFD	increasing a short position	3,417	4.7463 GBP
10p ordinary	CFD	increasing a short position	288,000	4.7566 GBP
10p ordinary	CFD	reducing a long position	2,184	4.7167 GBP
10p ordinary	CFD	reducing a long position	2,269	4.7185 GBP
10p ordinary	CFD	reducing a long position	5,425	4.7216 GBP
10p ordinary	CFD	reducing a long position	651	4.7220 GBP
10p ordinary	CFD	reducing a long position	6,773	4.7220 GBP
10p ordinary	CFD	reducing a long position	43,397	4.7221 GBP
10p ordinary	CFD	reducing a long position	416	4.7273 GBP
10p ordinary	CFD	reducing a long position	24,924	4.7286 GBP
10p ordinary	CFD	reducing a long position	14,500	4.7297 GBP
10p ordinary	CFD	reducing a long position	112	4.7351 GBP
10p ordinary	CFD	reducing a long position	1,270	4.7370 GBP
10p ordinary	CFD	reducing a long position	5,478	4.7464 GBP
10p ordinary	CFD	reducing a long position	474	4.7701 GBP
10p ordinary	CFD	reducing a short position	9,450	4.7193 GBP
10p ordinary	CFD	reducing a short position	18,896	4.7195 GBP
10p ordinary	CFD	reducing a short position	9,546	4.7220 GBP
10p ordinary	CFD	reducing a short position	2,865	4.7220 GBP
10p ordinary	CFD	reducing a short position	1,795	4.7220 GBP
10p ordinary	CFD	reducing a short position	5,396	4.7220 GBP
10p ordinary	CFD	reducing a short position	435,879	4.7220 GBP
10p ordinary	CFD	reducing a short position	56	4.7220 GBP
10p ordinary	CFD	reducing a short position	70,064	4.7221 GBP
10p ordinary	CFD	reducing a short position	4,977	4.7221 GBP
10p ordinary	CFD	reducing a short position	17,642	4.7230 GBP
10p ordinary	CFD	reducing a short position	36,948	4.7237 GBP
10p ordinary	CFD	reducing a short position	88,038	4.7246 GBP
10p ordinary	CFD	reducing a short position	1	4.7250 GBP
10p ordinary	CFD	reducing a short position	71	4.7254 GBP
10p ordinary	CFD	reducing a short position	222	4.7254 GBP
10p ordinary	CFD	reducing a short position	35	4.7254 GBP
10p ordinary	CFD	reducing a short position	11,176	4.7254 GBP
10p ordinary	CFD	reducing a short position	15,300	4.7258 GBP
10p ordinary	CFD	reducing a short position	73,200	4.7258 GBP
10p ordinary	CFD	reducing a short position	2,541	4.7281 GBP
10p ordinary	CFD	reducing a short position	25,052	4.7281 GBP
10p ordinary	CFD	reducing a short position	289	4.7281 GBP
10p ordinary	CFD	reducing a short position	2,406	4.7365 GBP
10p ordinary	CFD	reducing a short position	3,700	4.7446 GBP
10p ordinary	CFD	reducing a short position	2,800	4.7448 GBP
10p ordinary	CFD	reducing a short position	1,455	4.7489 GBP
10p ordinary	CFD	reducing a short position	3,417	4.7553 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:	02 July 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