Level 2

Company Announcements

Form 8.5 (EPT/RI) - Barratt Development

Related Companies

By LSE RNS

RNS Number : 8751P
UBS AG (EPT)
24 May 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:

            23 May 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

 

244632

5.10600        GBP

4.98248        GBP

10p ordinary

Sell

 

884770

5.10200        GBP

4.98400        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

3195

5.0663        GBP

10p ordinary

CFD

 

Long

89601

5.068        GBP

10p ordinary

CFD

 

Long

10237

5.0637827514135        GBP

10p ordinary

CFD

 

Long

8903

5.08763417        GBP

10p ordinary

CFD

 

Long

51086

5.06776684164331        GBP

10p ordinary

CFD

 

Long

9019

5.08927785997784        GBP

10p ordinary

CFD

 

Long

2785

5.072524        GBP

10p ordinary

CFD

 

Long

8620

5.071899        GBP

10p ordinary

CFD

 

Long

17016

5.06937699769981        GBP

10p ordinary

CFD

 

Long

69

4.98        GBP

10p ordinary

CFD

 

Long

72

4.982        GBP

10p ordinary

CFD

 

Long

166

4.990723        GBP

10p ordinary

CFD

 

Long

8302

5.067746        GBP

10p ordinary

CFD

 

Long

24240

5.067747        GBP

10p ordinary

CFD

 

Long

1688

5.048325        GBP

10p ordinary

CFD

 

Long

274

5.015912        GBP

10p ordinary

CFD

 

Long

870

5.06793665        GBP

10p ordinary

CFD

 

Long

1191

4.99062133        GBP

10p ordinary

CFD

 

Long

1424

5.065475        GBP

10p ordinary

CFD

 

Long

27857

5.06945583        GBP

10p ordinary

CFD

 

Long

12635

5.063104        GBP

10p ordinary

CFD

 

Long

1845

5.08870089        GBP

10p ordinary

CFD

 

Long

300000

4.9762        GBP

10p ordinary

CFD

 

Long

3441386

4.996        GBP

10p ordinary

CFD

 

Long

579

5.07723592062176        GBP

10p ordinary

CFD

 

Long

34831

5.0712908041687        GBP

10p ordinary

CFD

 

Long

21161

5.02374037143802        GBP

10p ordinary

CFD

 

Long

9052

4.98601745470614        GBP

10p ordinary

CFD

 

Long

2056

4.99636186770428        GBP

10p ordinary

CFD

 

Long

347

5.09        GBP

10p ordinary

CFD

 

Long

6195

5.07708927        GBP

10p ordinary

CFD

 

Long

3917

5.08416645        GBP

10p ordinary

CFD

 

Short

10217

5.01578290704904        GBP

10p ordinary

CFD

 

Short

12814

5.038149        GBP

10p ordinary

CFD

 

Short

7579

5.0578668729806        GBP

10p ordinary

CFD

 

Short

4700

5.01003404255319        GBP

10p ordinary

CFD

 

Short

1237

5.07773645834276        GBP

10p ordinary

CFD

 

Short

4006

5.07598527        GBP

10p ordinary

CFD

 

Short

4351

4.98247759        GBP

10p ordinary

CFD

 

Short

16601

5.06806335        GBP

10p ordinary

CFD

 

Short

961

5.068        GBP

10p ordinary

CFD

 

Short

80

5.038475        GBP

10p ordinary

CFD

 

Short

79

5.102711        GBP

10p ordinary

CFD

 

Short

301

5.06799984        GBP

10p ordinary

CFD

 

Short

3441386

4.996        GBP

10p ordinary

CFD

 

Short

19301

5.04750163069012        GBP

10p ordinary

CFD

 

Short

2021

5.066783        GBP

10p ordinary

CFD

 

Short

1387

5.064        GBP

10p ordinary

CFD

 

Short

7816

5.05485874803992        GBP

10p ordinary

CFD

 

Short

178

5.03851685393258        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:

24 May 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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