FORM 8.5
(EPT/NON-RI)
PUBLIC OPENING
POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT
PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR
WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the
Takeover Code (the "Code")
1.
KEY INFORMATION
(a)
Name of exempt principal trader:
|
UBS Securities
LLC
|
(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 position held/dealing undertaken:
For an open position disclosure, state the latest practicable date
prior to the disclosure
|
22 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"
|
No
|
2.
POSITIONS OF THE EXEMPT PRINCIPAL TRADER
If there are
positions or rights to subscribe to disclose in more than one class
of relevant securities of the offeror or offeree named in 1(b),
copy table 2(a) or (b) (as appropriate) for each additional class
of relevant security.
(a)
Interests and short positions in the relevant securities of the
offeror or offeree to which the disclosure relates following the
dealing (if any)
Class of
relevant security:
|
Common
Stock
|
|
Interests
|
Short
positions
|
Number
|
%
|
Number
|
%
|
(1)
Relevant securities owned and/or controlled:
|
0
|
0.00%
|
3909685
|
0.40%
|
(2)
Cash-settled derivatives:
|
0
|
0.00%
|
0
|
0.00%
|
(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
|
0
|
0.00%
|
0
|
0.00%
|
TOTAL:
|
0
|
0.00%
|
3909685
|
0.40%
|
All interests
and all short positions should be disclosed.
Details of any
open stock-settled derivative positions (including traded options),
or agreements to purchase or sell relevant securities, should be
given on a Supplemental Form 8 (Open Positions).
8.7 (b) Rights
to subscribe for new securities (including directors' and other
employee options)
Class of
relevant security in relation to which subscription right
exists:
|
|
Details,
including nature of the rights concerned and relevant
percentages:
|
|
3.
DEALINGS (IF ANY) 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
|
Purchase/sale
|
Total
number of securities
|
Highest price
per unit paid/received
|
Lowest price
per unit paid/received
|
Common
stock
|
PURCHASES
|
0
|
0.0000
GBP
|
0.0000
GBP
|
Common
stock
|
SELLS
|
28434
|
5.5300
GBP
|
5.4800
GBP
|
|
TOTAL
PURCHASES:
|
0
|
0.0000
GBP
|
0.0000
GBP
|
|
TOTAL
SELLS:
|
28434
|
5.5300
GBP
|
5.4800
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
|
|
|
|
|
|
(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)
|
|
|
|
|
4.
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
|
(c)
Attachments
Is a
Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of
disclosure:
|
23 August
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@thetakeoverpanel.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.