Form 8.5 (EPT/RI) - Barratt Developments Plc

UBS AG (EPT)

27 March 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:	26 March 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	601697	4.75050        GBP	4.70065        GBP
10p ordinary	Sell	228963	4.75000        GBP	4.69833        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	5627	4.743        GBP
10p ordinary	CFD	Long	2744	4.739888        GBP
10p ordinary	CFD	Long	552	4.737        GBP
10p ordinary	CFD	Long	11861	4.738005        GBP
10p ordinary	CFD	Long	1070	4.73579439252336        GBP
10p ordinary	CFD	Long	8074	4.69833168        GBP
10p ordinary	CFD	Long	6179	4.71343049        GBP
10p ordinary	CFD	Long	9535	4.726549        GBP
10p ordinary	CFD	Long	5219	4.7253922        GBP
10p ordinary	CFD	Long	4422	4.717585        GBP
10p ordinary	CFD	Long	6846	4.73552585451358        GBP
10p ordinary	CFD	Long	335	4.728        GBP
10p ordinary	CFD	Long	2438	4.73579737489746        GBP
10p ordinary	CFD	Short	28387	4.74204996        GBP
10p ordinary	CFD	Short	15871	4.73462169        GBP
10p ordinary	CFD	Short	104018	4.74314421        GBP
10p ordinary	CFD	Short	81146	4.743        GBP
10p ordinary	CFD	Short	3916	4.74504085801839        GBP
10p ordinary	CFD	Short	27702	4.73982564435781        GBP
10p ordinary	CFD	Short	16285	4.738472        GBP
10p ordinary	CFD	Short	8280	4.742        GBP
10p ordinary	CFD	Short	912	4.741115        GBP
10p ordinary	CFD	Short	960	4.74370833333333        GBP
10p ordinary	CFD	Short	12220	4.7429898        GBP
10p ordinary	CFD	Short	66	4.74021212        GBP
10p ordinary	CFD	Short	2764	4.73877931        GBP
10p ordinary	CFD	Short	33592	4.738741        GBP
10p ordinary	CFD	Short	370	4.7426473        GBP
10p ordinary	CFD	Short	2519	4.74013        GBP
10p ordinary	CFD	Short	58302	4.743237        GBP
10p ordinary	CFD	Short	21643	4.742958        GBP
10p ordinary	CFD	Short	4980	4.74087751004016        GBP
10p ordinary	CFD	Short	5576	4.731653        GBP
10p ordinary	CFD	Short	15649	4.738613        GBP
10p ordinary	CFD	Short	3208	4.73447007481297        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:	27 March 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