Form 8.5 (EPT/RI) - Redrow Plc

UBS AG (EPT)

16 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:	15 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	77899	7.79000        GBP	7.70000        GBP
10.5p ordinary	Sell	31214	7.77000        GBP	7.52500        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	3410	7.725        GBP
10.5p ordinary	CFD	Long	101	7.734257        GBP
10.5p ordinary	CFD	Long	1	7.73        GBP
10.5p ordinary	CFD	Long	1460	7.727411        GBP
10.5p ordinary	CFD	Long	6882	7.724884        GBP
10.5p ordinary	CFD	Long	2249	7.74120053        GBP
10.5p ordinary	CFD	Long	139	7.71490356        GBP
10.5p ordinary	CFD	Long	2	7.525        GBP
10.5p ordinary	CFD	Long	423	7.7357157111        GBP
10.5p ordinary	CFD	Long	838	7.753126        GBP
10.5p ordinary	CFD	Long	602	7.70863787        GBP
10.5p ordinary	CFD	Long	1290	7.73913582        GBP
10.5p ordinary	CFD	Long	763	7.724875        GBP
10.5p ordinary	CFD	Short	2055	7.77        GBP
10.5p ordinary	CFD	Short	2958	7.73618999        GBP
10.5p ordinary	CFD	Short	1479	7.72717715        GBP
10.5p ordinary	CFD	Short	34	7.75164989        GBP
10.5p ordinary	CFD	Short	2437	7.750116        GBP
10.5p ordinary	CFD	Short	17412	7.7402605807581        GBP
10.5p ordinary	CFD	Short	1000	7.76462        GBP
10.5p ordinary	CFD	Short	17772	7.7509695        GBP
10.5p ordinary	CFD	Short	7701	7.74415855121802        GBP
10.5p ordinary	CFD	Short	275	7.7492727264        GBP
10.5p ordinary	CFD	Short	3028	7.74885464805812        GBP
10.5p ordinary	CFD	Short	1	7.79        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:	16 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