Form 8.5 (EPT/RI)- Replacement of Barratt

Morgan Stanley & Co. Int'l plc

23 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:	21 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	9,275,891	5.5220 GBP	5.4292 GBP
10p ordinary	SALES	16,313,983	5.5260 GBP	5.4296 GBP
10p ordinary	PURCHASES	582,015	7.0986 USD	7.0986 USD

(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	148,294	5.4298 GBP
10p ordinary	CFD	increasing a long position	19,993	5.4299 GBP
10p ordinary	CFD	increasing a long position	2,012	5.4300 GBP
10p ordinary	CFD	increasing a long position	1,219,169	5.4300 GBP
10p ordinary	CFD	increasing a long position	1,481,079	5.4300 GBP
10p ordinary	CFD	increasing a long position	720,000	5.4300 GBP
10p ordinary	CFD	increasing a long position	141,623	5.4300 GBP
10p ordinary	CFD	increasing a long position	468,949	5.4300 GBP
10p ordinary	CFD	increasing a long position	1,418,245	5.4300 GBP
10p ordinary	CFD	increasing a long position	43,200	5.4300 GBP
10p ordinary	CFD	increasing a long position	1,303,526	5.4300 GBP
10p ordinary	CFD	increasing a long position	419,376	5.4300 GBP
10p ordinary	CFD	increasing a long position	7,632	5.4322 GBP
10p ordinary	CFD	increasing a long position	8,993	5.4405 GBP
10p ordinary	CFD	increasing a long position	4,066	5.4620 GBP
10p ordinary	CFD	increasing a long position	19,534	5.4682 GBP
10p ordinary	CFD	increasing a long position	52,488	5.4783 GBP
10p ordinary	CFD	increasing a long position	522,271	5.4848 GBP
10p ordinary	CFD	increasing a long position	3,048	5.4981 GBP
10p ordinary	CFD	increasing a long position	229	5.4993 GBP
10p ordinary	CFD	increasing a long position	39	5.5021 GBP
10p ordinary	CFD	increasing a short position	281,945	5.4300 GBP
10p ordinary	CFD	increasing a short position	2,077	5.4300 GBP
10p ordinary	CFD	increasing a short position	97,029	5.4300 GBP
10p ordinary	CFD	increasing a short position	232,775	5.4300 GBP
10p ordinary	CFD	increasing a short position	56,290	5.4300 GBP
10p ordinary	CFD	increasing a short position	770,555	5.4300 GBP
10p ordinary	CFD	increasing a short position	34,653	5.4300 GBP
10p ordinary	CFD	increasing a short position	282,771	5.4300 GBP
10p ordinary	CFD	increasing a short position	323,315	5.4300 GBP
10p ordinary	CFD	increasing a short position	293,167	5.4300 GBP
10p ordinary	CFD	increasing a short position	913	5.4304 GBP
10p ordinary	CFD	increasing a short position	188,039	5.4364 GBP
10p ordinary	CFD	increasing a short position	12,908	5.4459 GBP
10p ordinary	CFD	increasing a short position	21,305	5.4460 GBP
10p ordinary	CFD	increasing a short position	58,300	5.4478 GBP
10p ordinary	CFD	increasing a short position	32,207	5.4479 GBP
10p ordinary	CFD	increasing a short position	7,453	5.4708 GBP
10p ordinary	CFD	increasing a short position	9,148	5.4799 GBP
10p ordinary	CFD	increasing a short position	12,597	5.4832 GBP
10p ordinary	CFD	increasing a short position	1,978	5.4870 GBP
10p ordinary	CFD	increasing a short position	4,436	5.4872 GBP
10p ordinary	CFD	increasing a short position	3,172	5.4896 GBP
10p ordinary	CFD	increasing a short position	60,859	5.4899 GBP
10p ordinary	CFD	increasing a short position	106,965	5.4906 GBP
10p ordinary	CFD	increasing a short position	84,486	5.4927 GBP
10p ordinary	CFD	increasing a short position	67,404	5.4937 GBP
10p ordinary	CFD	increasing a short position	1,207	5.5014 GBP
10p ordinary	CFD	increasing a short position	36	5.5099 GBP
10p ordinary	CFD	increasing a short position	11,440	5.5107 GBP
10p ordinary	CFD	increasing a short position	1,482	5.5189 GBP
10p ordinary	CFD	reducing a long position	582,015	5.4300 GBP
10p ordinary	CFD	reducing a long position	178,988	5.4300 GBP
10p ordinary	CFD	reducing a long position	306	5.4300 GBP
10p ordinary	CFD	reducing a long position	46,927	5.4300 GBP
10p ordinary	CFD	reducing a long position	7,386	5.4300 GBP
10p ordinary	CFD	reducing a long position	39,467	5.4303 GBP
10p ordinary	CFD	reducing a long position	46,575	5.4462 GBP
10p ordinary	CFD	reducing a long position	40,146	5.4467 GBP
10p ordinary	CFD	reducing a long position	3,048	5.4674 GBP
10p ordinary	CFD	reducing a long position	20,167	5.4719 GBP
10p ordinary	CFD	reducing a long position	689	5.4822 GBP
10p ordinary	CFD	reducing a long position	5,535	5.4906 GBP
10p ordinary	CFD	reducing a long position	112,389	5.4927 GBP
10p ordinary	CFD	reducing a long position	36	5.5014 GBP
10p ordinary	CFD	reducing a long position	188	5.5015 GBP
10p ordinary	CFD	reducing a long position	14,458	5.5041 GBP
10p ordinary	CFD	reducing a long position	285	5.5041 GBP
10p ordinary	CFD	reducing a long position	15,738	5.5042 GBP
10p ordinary	CFD	reducing a long position	52,488	5.5182 GBP
10p ordinary	CFD	reducing a short position	400	5.4296 GBP
10p ordinary	CFD	reducing a short position	97,089	5.4299 GBP
10p ordinary	CFD	reducing a short position	97,029	5.4300 GBP
10p ordinary	CFD	reducing a short position	127,553	5.4300 GBP
10p ordinary	CFD	reducing a short position	323,315	5.4300 GBP
10p ordinary	CFD	reducing a short position	226	5.4300 GBP
10p ordinary	CFD	reducing a short position	797	5.4300 GBP
10p ordinary	CFD	reducing a short position	282,771	5.4300 GBP
10p ordinary	CFD	reducing a short position	293,167	5.4300 GBP
10p ordinary	CFD	reducing a short position	238	5.4300 GBP
10p ordinary	CFD	reducing a short position	65,316	5.4300 GBP
10p ordinary	CFD	reducing a short position	34,653	5.4300 GBP
10p ordinary	CFD	reducing a short position	7,828	5.4300 GBP
10p ordinary	CFD	reducing a short position	5,371	5.4365 GBP
10p ordinary	CFD	reducing a short position	4,785	5.4367 GBP
10p ordinary	CFD	reducing a short position	17,387	5.4405 GBP
10p ordinary	CFD	reducing a short position	11,384	5.4416 GBP
10p ordinary	CFD	reducing a short position	1,200	5.4416 GBP
10p ordinary	CFD	reducing a short position	70,000	5.4480 GBP
10p ordinary	CFD	reducing a short position	926	5.4590 GBP
10p ordinary	CFD	reducing a short position	938	5.4878 GBP
10p ordinary	CFD	reducing a short position	18,136	5.4881 GBP
10p ordinary	CFD	reducing a short position	69,324	5.4971 GBP
10p ordinary	CFD	reducing a short position	5,426	5.5007 GBP
10p ordinary	CFD	reducing a short position	432,000	5.5017 GBP
10p ordinary	CFD	reducing a short position	50,245	5.5062 GBP
10p ordinary	CFD	reducing a short position	1,995	5.5067 GBP
10p ordinary	CFD	reducing a short position	1,998	5.5069 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:	23 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