Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

15 August 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:	13 August 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	786,273	5.2940 GBP	5.2440 GBP
10p ordinary	SALES	495,560	5.2950 GBP	5.2500 GBP

(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	966	5.2554 GBP
10p ordinary	CFD	increasing a long position	7,094	5.2693 GBP
10p ordinary	CFD	increasing a long position	16,451	5.2854 GBP
10p ordinary	CFD	increasing a long position	4,274	5.2879 GBP
10p ordinary	CFD	increasing a long position	3,976	5.2882 GBP
10p ordinary	CFD	increasing a long position	27,700	5.2886 GBP
10p ordinary	CFD	increasing a long position	18,300	5.2886 GBP
10p ordinary	CFD	increasing a short position	3,079	5.2543 GBP
10p ordinary	CFD	increasing a short position	113	5.2605 GBP
10p ordinary	CFD	increasing a short position	24,892	5.2642 GBP
10p ordinary	CFD	increasing a short position	87	5.2692 GBP
10p ordinary	CFD	increasing a short position	1,432	5.2696 GBP
10p ordinary	CFD	increasing a short position	20	5.2740 GBP
10p ordinary	CFD	increasing a short position	1,785	5.2810 GBP
10p ordinary	CFD	increasing a short position	3,707	5.2810 GBP
10p ordinary	CFD	increasing a short position	34,991	5.2827 GBP
10p ordinary	CFD	increasing a short position	3,687	5.2827 GBP
10p ordinary	CFD	increasing a short position	20,000	5.2839 GBP
10p ordinary	CFD	increasing a short position	74,631	5.2842 GBP
10p ordinary	CFD	increasing a short position	7,463	5.2844 GBP
10p ordinary	CFD	increasing a short position	2,670	5.2853 GBP
10p ordinary	CFD	increasing a short position	192	5.2863 GBP
10p ordinary	CFD	increasing a short position	666	5.2863 GBP
10p ordinary	CFD	increasing a short position	2,510	5.2873 GBP
10p ordinary	CFD	increasing a short position	4,144	5.2874 GBP
10p ordinary	CFD	increasing a short position	5,566	5.2878 GBP
10p ordinary	CFD	increasing a short position	147	5.2900 GBP
10p ordinary	CFD	increasing a short position	614	5.2900 GBP
10p ordinary	CFD	increasing a short position	318	5.2900 GBP
10p ordinary	CFD	increasing a short position	14	5.2900 GBP
10p ordinary	CFD	increasing a short position	1,335	5.2900 GBP
10p ordinary	CFD	increasing a short position	5,479	5.2901 GBP
10p ordinary	CFD	increasing a short position	1,905	5.2904 GBP
10p ordinary	CFD	reducing a long position	7,094	5.2724 GBP
10p ordinary	CFD	reducing a long position	20,427	5.2769 GBP
10p ordinary	CFD	reducing a long position	17,352	5.2831 GBP
10p ordinary	CFD	reducing a long position	38,841	5.2849 GBP
10p ordinary	CFD	reducing a long position	3,976	5.2849 GBP
10p ordinary	CFD	reducing a long position	37,715	5.2870 GBP
10p ordinary	CFD	reducing a long position	1,041	5.2900 GBP
10p ordinary	CFD	reducing a long position	200	5.2910 GBP
10p ordinary	CFD	reducing a short position	7	5.2659 GBP
10p ordinary	CFD	reducing a short position	13,153	5.2734 GBP
10p ordinary	CFD	reducing a short position	15,735	5.2735 GBP
10p ordinary	CFD	reducing a short position	714	5.2763 GBP
10p ordinary	CFD	reducing a short position	4	5.2780 GBP
10p ordinary	CFD	reducing a short position	244	5.2789 GBP
10p ordinary	CFD	reducing a short position	500	5.2808 GBP
10p ordinary	CFD	reducing a short position	18,900	5.2808 GBP
10p ordinary	CFD	reducing a short position	2,000	5.2808 GBP
10p ordinary	CFD	reducing a short position	1,200	5.2808 GBP
10p ordinary	CFD	reducing a short position	24,397	5.2810 GBP
10p ordinary	CFD	reducing a short position	1,997	5.2819 GBP
10p ordinary	CFD	reducing a short position	3,015	5.2825 GBP
10p ordinary	CFD	reducing a short position	2,864	5.2836 GBP
10p ordinary	CFD	reducing a short position	29,100	5.2844 GBP
10p ordinary	CFD	reducing a short position	1,900	5.2892 GBP
10p ordinary	CFD	reducing a short position	15	5.2893 GBP
10p ordinary	CFD	reducing a short position	137	5.2900 GBP
10p ordinary	CFD	reducing a short position	308	5.2900 GBP
10p ordinary	CFD	reducing a short position	258	5.2900 GBP
10p ordinary	CFD	reducing a short position	80	5.2900 GBP
10p ordinary	CFD	reducing a short position	109	5.2900 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 August 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