Form 8.5 (EPT/RI) - Redrow Plc

UBS AG (EPT)

22 August 2024

 

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:	UBS Investment Bank, London
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Redrow plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Barratt Developments Plc connected to UBS
(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

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
10.5p ordinary	Buy	16260109	7.93000 GBP	7.79000 GBP
10.5p ordinary	Sell	14999410	7.93000 GBP	7.78988 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
10.5p ordinary	CFD	Long	794	7.831842        GBP
10.5p ordinary	CFD	Long	2479	7.833717        GBP
10.5p ordinary	CFD	Long	2380	7.90594958        GBP
10.5p ordinary	CFD	Long	693	7.789885        GBP
10.5p ordinary	CFD	Long	2428	7.89019399939868        GBP
10.5p ordinary	CFD	Long	140311	7.88442100209998        GBP
10.5p ordinary	CFD	Long	1300	7.8888080008        GBP
10.5p ordinary	CFD	Long	1	7.79        GBP
10.5p ordinary	CFD	Long	30	7.824667        GBP
10.5p ordinary	CFD	Long	142	7.828627        GBP
10.5p ordinary	CFD	Long	68	7.8644        GBP
10.5p ordinary	CFD	Long	459	7.8662067607        GBP
10.5p ordinary	CFD	Long	3143	7.89835507        GBP
10.5p ordinary	CFD	Long	897	7.789889        GBP
10.5p ordinary	CFD	Long	1973	7.89998479630512        GBP
10.5p ordinary	CFD	Long	1128	7.91220745        GBP
10.5p ordinary	CFD	Long	6562	7.88862237555623        GBP
10.5p ordinary	CFD	Long	2108	7.90049098524668        GBP
10.5p ordinary	CFD	Long	19944	7.8316699259652        GBP
10.5p ordinary	CFD	Long	24400	7.89217704918033        GBP
10.5p ordinary	CFD	Short	4591	7.87310825553256        GBP
10.5p ordinary	CFD	Short	321743	7.88206185        GBP
10.5p ordinary	CFD	Short	50000	7.790779        GBP
10.5p ordinary	CFD	Short	8194	7.79        GBP
10.5p ordinary	CFD	Short	1726	7.84115295        GBP
10.5p ordinary	CFD	Short	6589	7.790117        GBP
10.5p ordinary	CFD	Short	6425	7.86602813        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

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit

(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)

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:	22 August 2024
Contact name:	Richard Howard
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]

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