Level 2

Company Announcements

Form 8.5 (EPT/RI) - Barratt Developments Plc

Related Companies

By LSE RNS

RNS Number : 9912T
UBS AG (EPT)
26 June 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

            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:

            25 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"

NO

 

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

Buy

 

812654

    4.749 GBP

  4.703 GBP

10p ordinary

Sell

 

868762

   4. 750 GBP

   4.703 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

 

Long

17000

4.7261        GBP

10p ordinary

CFD

 

Long

985

4.718569        GBP

10p ordinary

CFD

 

Long

4995

4.749        GBP

10p ordinary

CFD

 

Long

2466

4.727382        GBP

10p ordinary

CFD

 

Long

12210

4.73622137225635        GBP

10p ordinary

CFD

 

Long

105

4.72300952        GBP

10p ordinary

CFD

 

Long

71402

4.730342        GBP

10p ordinary

CFD

 

Long

70610

4.746        GBP

10p ordinary

CFD

 

Long

7746

4.733412        GBP

10p ordinary

CFD

 

Long

75000

4.73807813333333        GBP

10p ordinary

CFD

 

Long

6218

4.73204108        GBP

10p ordinary

CFD

 

Long

25105

4.72731391        GBP

10p ordinary

CFD

 

Long

1261

4.71125574956384        GBP

10p ordinary

CFD

 

Long

61468

4.74530506        GBP

10p ordinary

CFD

 

Long

79472

4.73511299        GBP

10p ordinary

CFD

 

Long

155

4.715543        GBP

10p ordinary

CFD

 

Long

2122

4.73438812        GBP

10p ordinary

CFD

 

Long

26219

4.73450835309432        GBP

10p ordinary

CFD

 

Long

9050

4.729035        GBP

10p ordinary

CFD

 

Long

7340

4.715808        GBP

10p ordinary

CFD

 

Long

14277

4.72599047        GBP

10p ordinary

CFD

 

Long

24731

4.72702571756419        GBP

10p ordinary

CFD

 

Long

4457

4.73815        GBP

10p ordinary

CFD

 

Long

5774

4.72818081        GBP

10p ordinary

CFD

 

Long

2380

4.716409        GBP

10p ordinary

CFD

 

Long

8055

4.74593073        GBP

10p ordinary

CFD

 

Long

2104

4.72943        GBP

10p ordinary

CFD

 

Long

4888

4.72492717102905        GBP

10p ordinary

CFD

 

Long

3

4.717        GBP

10p ordinary

CFD

 

Long

1470

4.71026565        GBP

10p ordinary

CFD

 

Long

4652

4.71545430911436        GBP

10p ordinary

CFD

 

Long

12643

4.73455414147987        GBP

10p ordinary

CFD

 

Long

4216

4.715982        GBP

10p ordinary

CFD

 

Long

160765

4.73995185519236        GBP

10p ordinary

CFD

 

Long

330

4.742        GBP

10p ordinary

CFD

 

Long

921

4.73        GBP

10p ordinary

CFD

 

Long

15105

4.73290088        GBP

10p ordinary

CFD

 

Long

2

4.7175        GBP

10p ordinary

CFD

 

Long

2266

4.72790109        GBP

10p ordinary

CFD

 

Short

102978

4.731336        GBP

10p ordinary

CFD

 

Short

2370

4.72079346        GBP

10p ordinary

CFD

 

Short

60042

4.71777084        GBP

10p ordinary

CFD

 

Short

99

4.72117676969697        GBP

10p ordinary

CFD

 

Short

1379

4.7464496        GBP

10p ordinary

CFD

 

Short

386

4.72195855        GBP

10p ordinary

CFD

 

Short

643

4.739        GBP

10p ordinary

CFD

 

Short

100670

4.744401        GBP

10p ordinary

CFD

 

Short

205

4.74        GBP

10p ordinary

CFD

 

Short

2158

4.72672428        GBP

10p ordinary

CFD

 

Short

427

4.750234        GBP

10p ordinary

CFD

 

Short

885

4.746237        GBP

10p ordinary

CFD

 

Short

216000

4.744512        GBP

10p ordinary

CFD

 

Short

116734

4.74350001        GBP

10p ordinary

CFD

 

Short

2147

4.71810014        GBP

10p ordinary

CFD

 

Short

4202

4.7364        GBP

10p ordinary

CFD

 

Short

7183

4.732886        GBP

10p ordinary

CFD

 

Short

116

4.74129        GBP

10p ordinary

CFD

 

Short

59485

4.746        GBP

10p ordinary

CFD

 

Short

3594

4.72846229642738        GBP

10p ordinary

CFD

 

Short

7800

4.73829743589744        GBP

10p ordinary

CFD

 

Short

944

4.733178        GBP

10p ordinary

CFD

 

Short

2069

4.72831521922185        GBP

10p ordinary

CFD

 

Short

210

4.73518333333333        GBP

10p ordinary

CFD

 

Short

7551

4.746238        GBP

10p ordinary

CFD

 

Short

47

4.74155319        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

10p ordinary

Call

Purchasing

12169

5.463        GBP

European

23 July 2024

0.0237        GBP

10p ordinary

Call

Purchasing

12169

5.463        GBP

European

23 July 2024

0.0237        GBP

10p ordinary

Call

Selling

12169

5.463        GBP

European

23 July 2024

0.0237        GBP

 

(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:

26 June 2024
Contact name:

Richard Howard
Telephone number:

+44 (0)207 568 9128

 

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 monitoring@disclosure.org.uk

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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