AMENDMENT(2(b))
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: | Morgan Stanley & Co. International plc |
| (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: | 12 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- Redrow plc |
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 | PURCHASES | 905,023 | 5.2818 GBP | 5.1344 GBP |
| 10p ordinary | SALES | 599,676 | 5.2820 GBP | 5.1360 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 | increasing a long position | 2,947 | 5.2397 GBP |
| 10p ordinary | CFD | increasing a long position | 13,847 | 5.2397 GBP |
| 10p ordinary | CFD | increasing a long position | 7,996 | 5.2397 GBP |
| 10p ordinary | CFD | increasing a long position | 131 | 5.2460 GBP |
| 10p ordinary | CFD | increasing a long position | 20,427 | 5.2460 GBP |
| 10p ordinary | CFD | increasing a long position | 25,455 | 5.2471 GBP |
| 10p ordinary | CFD | increasing a long position | 4,690 | 5.2494 GBP |
| 10p ordinary | CFD | increasing a long position | 3,313 | 5.2495 GBP |
| 10p ordinary | CFD | increasing a long position | 209 | 5.2496 GBP |
| 10p ordinary | CFD | increasing a long position | 1,353,500 | 5.2760 GBP |
| 10p ordinary | CFD | increasing a long position | 58 | 5.2760 GBP |
| 10p ordinary | CFD | increasing a short position | 5,206 | 5.1569 GBP |
| 10p ordinary | CFD | increasing a short position | 23 | 5.2380 GBP |
| 10p ordinary | CFD | increasing a short position | 483 | 5.2428 GBP |
| 10p ordinary | CFD | increasing a short position | 1,572 | 5.2440 GBP |
| 10p ordinary | CFD | increasing a short position | 1,346 | 5.2443 GBP |
| 10p ordinary | CFD | increasing a short position | 63 | 5.2460 GBP |
| 10p ordinary | CFD | increasing a short position | 301 | 5.2460 GBP |
| 10p ordinary | CFD | increasing a short position | 2,560 | 5.2460 GBP |
| 10p ordinary | CFD | increasing a short position | 1,306 | 5.2460 GBP |
| 10p ordinary | CFD | increasing a short position | 5,215 | 5.2461 GBP |
| 10p ordinary | CFD | increasing a short position | 70,737 | 5.2466 GBP |
| 10p ordinary | CFD | increasing a short position | 7,563 | 5.2467 GBP |
| 10p ordinary | CFD | increasing a short position | 797 | 5.2467 GBP |
| 10p ordinary | CFD | increasing a short position | 613 | 5.2470 GBP |
| 10p ordinary | CFD | increasing a short position | 1,011 | 5.2471 GBP |
| 10p ordinary | CFD | increasing a short position | 40,419 | 5.2477 GBP |
| 10p ordinary | CFD | increasing a short position | 2,117 | 5.2485 GBP |
| 10p ordinary | CFD | increasing a short position | 149,262 | 5.2485 GBP |
| 10p ordinary | CFD | increasing a short position | 14,200 | 5.2485 GBP |
| 10p ordinary | CFD | increasing a short position | 27,667 | 5.2486 GBP |
| 10p ordinary | CFD | increasing a short position | 10,338 | 5.2510 GBP |
| 10p ordinary | CFD | increasing a short position | 108 | 5.2660 GBP |
| 10p ordinary | CFD | increasing a short position | 42 | 5.2660 GBP |
| 10p ordinary | CFD | reducing a long position | 1,353,500 | 5.1780 GBP |
| 10p ordinary | CFD | reducing a long position | 3,313 | 5.2440 GBP |
| 10p ordinary | CFD | reducing a long position | 58 | 5.2460 GBP |
| 10p ordinary | CFD | reducing a long position | 132 | 5.2460 GBP |
| 10p ordinary | CFD | reducing a long position | 27,836 | 5.2466 GBP |
| 10p ordinary | CFD | reducing a long position | 10,748 | 5.2469 GBP |
| 10p ordinary | CFD | reducing a long position | 75,622 | 5.2474 GBP |
| 10p ordinary | CFD | reducing a long position | 24 | 5.2518 GBP |
| 10p ordinary | CFD | reducing a short position | 322 | 5.1707 GBP |
| 10p ordinary | CFD | reducing a short position | 10,121 | 5.2397 GBP |
| 10p ordinary | CFD | reducing a short position | 23 | 5.2420 GBP |
| 10p ordinary | CFD | reducing a short position | 516 | 5.2460 GBP |
| 10p ordinary | CFD | reducing a short position | 2,870 | 5.2460 GBP |
| 10p ordinary | CFD | reducing a short position | 16 | 5.2460 GBP |
| 10p ordinary | CFD | reducing a short position | 518 | 5.2479 GBP |
| 10p ordinary | CFD | reducing a short position | 71 | 5.2479 GBP |
| 10p ordinary | CFD | reducing a short position | 8,144 | 5.2495 GBP |
| 10p ordinary | CFD | reducing a short position | 7,364 | 5.2498 GBP |
| 10p ordinary | CFD | reducing a short position | 8,074 | 5.2513 GBP |
| 10p ordinary | CFD | reducing a short position | 2,641 | 5.2574 GBP |
| 10p ordinary | CFD | reducing a short position | 160 | 5.2592 GBP |
| 10p ordinary | CFD | reducing a short position | 5,206 | 5.2607 GBP |
| 10p ordinary | CFD | reducing a short position | 170 | 5.2698 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 |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
| Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
| N/A | N/A | N/A | N/A | N/A |
(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) |
| N/A | N/A | N/A | N/A |
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: | 23 August 2024 |
Contact name: | Craig Horsley |
Telephone number: | +44 141 245-7736 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.