REG - Morgan Stanley & Co. Redrow PLC - Form 8.5 (EPT/RI)-Redrow plc

RedrowAnnouncement

13/06/2024 10:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240613:nRSM3276Sa&default-theme=true

RNS Number : 3276S  Morgan Stanley & Co. Int'l plc  13 June 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:                                            Morgan Stanley & Co. International plc
 (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:
 (d) Date dealing undertaken:                                                    12 June 2024
 (e) In addition to the company in 1(b) above, is the exempt principal trader    YES-Barratt Developments Plc
 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              PURCHASES         388,540                     7.1900 GBP                            6.9299 GBP
 10.5p ordinary              SALES             230,360                     7.1901 GBP                            6.9300 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                  increasing a long position                                                     1,761                           6.9400 GBP
 10.5p ordinary              CFD                  increasing a long position                                                     33                              6.9850 GBP
 10.5p ordinary              CFD                  increasing a long position                                                     22,015                          7.1746 GBP
 10.5p ordinary              CFD                  increasing a long position                                                     10,000                          7.1900 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    6,833                           7.0489 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    13,322                          7.0510 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    171                             7.0967 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    168                             7.1082 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    26,183                          7.1270 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    1,066                           7.1428 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    602                             7.1450 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    1,163                           7.1493 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    26,348                          7.1882 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    1,423                           7.1894 GBP
 10.5p ordinary              CFD                  increasing a short position                                                    2,348                           7.1900 GBP
 10.5p ordinary              CFD                  reducing a long position                                                       1,761                           6.9674 GBP
 10.5p ordinary              CFD                  reducing a long position                                                       22,015                          7.0460 GBP
 10.5p ordinary              CFD                  reducing a long position                                                       3,937                           7.1817 GBP
 10.5p ordinary              CFD                  reducing a long position                                                       195                             7.1900 GBP
 10.5p ordinary              CFD                  reducing a long position                                                       607                             7.1900 GBP
 10.5p ordinary              CFD                  reducing a long position                                                       33                              7.1900 GBP
 10.5p ordinary              CFD                  reducing a long position                                                       30                              7.1900 GBP
 10.5p ordinary              CFD                  reducing a short position                                                      35                              7.0923 GBP
 10.5p ordinary              CFD                  reducing a short position                                                      5,960                           7.1465 GBP
 10.5p ordinary              CFD                  reducing a short position                                                      1,885                           7.1674 GBP
 10.5p ordinary              CFD                  reducing a short position                                                      5,778                           7.1900 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.
 N/A                         N/A                                   N/A                                         N/A                                           N/A                      N/A                            N/A          N/A

 

(ii)        Exercise

 

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

                             e.g. call option
 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               Details  Price per unit (if applicable)

                             e.g. subscription, conversion
 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:  13 June 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
(http://www.thetakeoverpanel.org.uk) .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FERGPUGUQUPCUBW