UBS Investment Bank, London, has made a public dealing disclosure in relation to Redrow Plc, with Barratt Developments PLC being connected to UBS. The dealings, undertaken on 5th June 2024, involved purchases and sales of 10.5p ordinary shares of Redrow Plc. The highest price per unit paid for the shares was 7.26250 GBP, while the lowest price per unit paid was 7.13500 GBP. Additionally, there were cash-settled derivative transactions involving long and short positions for the 10.5p ordinary shares.
The disclosure also stated that there were no indemnity or other dealing arrangements, agreements, arrangements, or understandings relating to options or derivatives. The disclosure was made in accordance with Rule 8 of the Takeover Code and was also emailed to the Takeover Panel. For any further consultation regarding the Code's dealing disclosure requirements, the Market Surveillance Unit of the Panel is available for assistance.
This public dealing disclosure provides insight into the trading activities of UBS Investment Bank in relation to Redrow Plc, with Barratt Developments PLC being connected to UBS. It offers a detailed breakdown of the purchases, sales, and derivative transactions involving the 10.5p ordinary shares of Redrow Plc, as well as the absence of any indemnity or other dealing arrangements.