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

RedrowAnnouncement

22/08/2024 11:00

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RNS Number : 4483B  UBS AG (EPT)  22 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:                                                                21 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               16260109                    7.93000 GBP                           7.79000 GBP

 10.5p ordinary              Sell              14999410                    7.93000 GBP                           7.78988 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                                                                           794                             7.831842        GBP

 10.5p ordinary              CFD                  Long                                                                           2479                            7.833717        GBP

 10.5p ordinary              CFD                  Long                                                                           2380                            7.90594958        GBP

 10.5p ordinary              CFD                  Long                                                                           693                             7.789885        GBP

 10.5p ordinary              CFD                  Long                                                                           2428                            7.89019399939868        GBP

 10.5p ordinary              CFD                  Long                                                                           140311                          7.88442100209998        GBP

 10.5p ordinary              CFD                  Long                                                                           1300                            7.8888080008        GBP

 10.5p ordinary              CFD                  Long                                                                           1                               7.79        GBP

 10.5p ordinary              CFD                  Long                                                                           30                              7.824667        GBP

 10.5p ordinary              CFD                  Long                                                                           142                             7.828627        GBP

 10.5p ordinary              CFD                  Long                                                                           68                              7.8644        GBP

 10.5p ordinary              CFD                  Long                                                                           459                             7.8662067607        GBP

 10.5p ordinary              CFD                  Long                                                                           3143                            7.89835507        GBP

 10.5p ordinary              CFD                  Long                                                                           897                             7.789889        GBP

 10.5p ordinary              CFD                  Long                                                                           1973                            7.89998479630512        GBP

 10.5p ordinary              CFD                  Long                                                                           1128                            7.91220745        GBP

 10.5p ordinary              CFD                  Long                                                                           6562                            7.88862237555623        GBP

 10.5p ordinary              CFD                  Long                                                                           2108                            7.90049098524668        GBP

 10.5p ordinary              CFD                  Long                                                                           19944                           7.8316699259652        GBP

 10.5p ordinary              CFD                  Long                                                                           24400                           7.89217704918033        GBP

 10.5p ordinary              CFD                  Short                                                                          4591                            7.87310825553256        GBP

 10.5p ordinary              CFD                  Short                                                                          321743                          7.88206185        GBP

 10.5p ordinary              CFD                  Short                                                                          50000                           7.790779        GBP

 10.5p ordinary              CFD                  Short                                                                          8194                            7.79        GBP

 10.5p ordinary              CFD                  Short                                                                          1726                            7.84115295        GBP

 10.5p ordinary              CFD                  Short                                                                          6589                            7.790117        GBP

 10.5p ordinary              CFD                  Short                                                                          6425                            7.86602813        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:  22 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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