REG - UBS AG (EPT) Redrow PLC - Form 8.5 (EPT/RI) - Redrow Plc

RedrowAnnouncement

21/08/2024 12:00

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RNS Number : 2948B  UBS AG (EPT)  21 August 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  Redrow plc
 relates:

      Use a separate form for each offeror/offeree
 (c) Name of the party to the offer with which exempt principal trader is        Barratt Developments Plc connected to UBS
 connected:

 (d) Date dealing undertaken:                                                                20 August 2024
 (e) In addition to the company in 1(b) above, is the exempt principal trader    YES
 making disclosures in respect of any other party to this offer?

                                                                               :
      If it is a cash offer or possible cash offer, state "N/A"

 

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

 10.5p ordinary              Buy               260712                      806.620984 GBP                        787.499431 GBP

 10.5p ordinary              Sell              309262                      801.912052 GBP                        787.488688 GBP

 

(b)        Cash-settled derivative transactions

 

 Class of relevant security  Product description  Nature of dealing                                                              Number of reference securities  Price per unit

                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a long/short
                                                  position
 10.5p ordinary              CFD                  Long                                                                           453                             7.9424893316        GBP

 10.5p ordinary              CFD                  Long                                                                           28993                           7.961026        GBP

 10.5p ordinary              CFD                  Long                                                                           529                             7.932193        GBP

 10.5p ordinary              CFD                  Long                                                                           11287                           7.92402697834145        GBP

 10.5p ordinary              CFD                  Long                                                                           7771                            7.92651879006563        GBP

 10.5p ordinary              CFD                  Long                                                                           382                             7.94        GBP

 10.5p ordinary              CFD                  Long                                                                           144038                          7.9347420042        GBP

 10.5p ordinary              CFD                  Long                                                                           185                             7.930135        GBP

 10.5p ordinary              CFD                  Long                                                                           3432                            7.938976        GBP

 10.5p ordinary              CFD                  Long                                                                           23803                           7.9073644080868        GBP

 10.5p ordinary              CFD                  Long                                                                           307                             8.01912052        GBP

 10.5p ordinary              CFD                  Long                                                                           873                             8.004811        GBP

 10.5p ordinary              CFD                  Long                                                                           2                               7.875        GBP

 10.5p ordinary              CFD                  Long                                                                           221                             7.87490156        GBP

 10.5p ordinary              CFD                  Short                                                                          8902                            8.06620975        GBP

 10.5p ordinary              CFD                  Short                                                                          2202                            7.875        GBP

 10.5p ordinary              CFD                  Short                                                                          14509                           7.92043132        GBP

 10.5p ordinary              CFD                  Short                                                                          3179                            7.89053319        GBP

 10.5p ordinary              CFD                  Short                                                                          4374                            7.875119        GBP

 10.5p ordinary              CFD                  Short                                                                          853                             7.95011723        GBP

 10.5p ordinary              CFD                  Short                                                                          120956                          7.9463434        GBP

 10.5p ordinary              CFD                  Short                                                                          111                             8.00851276        GBP

 10.5p ordinary              CFD                  Short                                                                          634                             7.93509919        GBP

 10.5p ordinary              CFD                  Short                                                                          22                              8.00045455        GBP

 10.5p ordinary              CFD                  Short                                                                          9851                            7.93049589255406        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                           Expiry date  Option money paid/ received per unit

                                                                                                                                                                                      e.g. American, European etc.

 

(ii)        Exercise

 

 Class of relevant security  Product description  Exercising/ exercised against  Number of securities  Exercise price per unit

                             e.g. call option

 

(d)        Other dealings (including subscribing for new securities)

 

 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)

                             e.g. subscription, conversion

 

 

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:  21 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@disclosure.org.uk (mailto: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
(http://www.thetakeoverpanel.org.uk/) .

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