FORM 8.5 (EPT/NON-RI) GALLIFORD TRY PLC

FORM 8.5 (EPT/NON-RI) GALLIFORD TRY PLC

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)	Â	Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b)		Name of offeror/offeree in relation to whose		GALLIFORD TRY PLC
Â		relevant securities this form relates:		Â
(c)		Name of the party to the offer with which exempt		REDROW PLC
Â		principal trader is connected		Â
(d)		Date position held/dealing undertaken:		13 March 2017
(e)		In addition to the company in 1(b) above, is the exempt principal		YES:
		trader making disclosures in respect of any other party to the offer?		REDROW PLC
Â		Â		BOVIS HOMES GROUP PLC

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	Â	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		576,960		0.70%		317,596		0.38%
Â		Â		Â		Â		Â		Â
(2)		Cash-settled derivatives:
				132,094		0.16%		432,086		0.52%
Â		Â		Â		Â		Â		Â
(3)		Stock-settled derivatives (including options)
		and agreements to purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
											Â
		TOTAL:		709,054		0.86%		749,682		0.90%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:	Â
Details, including nature of the rights concerned and relevant percentages:	Â

3. DEALINGS (IF ANY) 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 3(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	Â	Purchase/sale	Â	Total number of	Â	Highest price per unit	Â	Lowest price per unit
security		Â		securities		paid/received		paid/received
50p ORD		Purchase		134,819		15.7518 GBP		15.6167 GBP
50p ORD		Sale		101,339		15.7507 GBP		15.62 GBP

(b) Cash-settled derivative transactions

Class of	Â	Product	Â	Nature of dealing	Â	Number of	Â	Price per
relevant		description		Â		reference		unit
security		Â		Â		securities		Â
50p ORD		SWAP		Long		66		15.7475 GBP
50p ORD		SWAP		Long		235		15.6831 GBP
50p ORD		CFD		Long		949		15.6720 GBP
50p ORD		SWAP		Long		2,132		15.6886 GBP
50p ORD		CFD		Long		5,331		15.7047 GBP
50p ORD		SWAP		Long		8,431		15.6547 GBP
50p ORD		SWAP		Long		18,399		15.6822 GBP
50p ORD		CFD		Long		34,750		15.7500 GBP
50p ORD		CFD		Short		11		15.7518 GBP
50p ORD		CFD		Short		158		15.6931 GBP
50p ORD		CFD		Short		879		15.6763 GBP
50p ORD		SWAP		Short		1,099		15.6910 GBP
50p ORD		CFD		Short		1,210		15.6167 GBP
50p ORD		CFD		Short		1,783		15.6630 GBP
50p ORD		CFD		Short		3,154		15.7471 GBP
50p ORD		CFD		Short		3,984		15.6536 GBP
50p ORD		CFD		Short		6,092		15.7512 GBP
50p ORD		CFD		Short		8,222		15.7330 GBP
50p ORD		SWAP		Short		18,737		15.6791 GBP
50p ORD		SWAP		Short		18,756		15.6719 GBP
50p ORD		CFD		Short		26,370		15.6786 GBP

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Â

Product description e.g. call option

Â

Writing, purchasing, selling, varying etc.

Â

Number of securities to which option relates

Â

Exercise price per unit

Â

Type e.g. American, European etc.

Â

Expiry date

Â

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Â

Product description e.g. call option

Â

Exercising/ exercised against

Â

Number of securities

Â

Exercise price per unit

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

Class of relevant security

Â

Nature of dealing e.g. subscription, conversion

Â

Details

Â

Price per unit (if applicable)

4. 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

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?	Â	NO
Date of disclosure:		14 Mar 2017
Contact name:		Hemika Mistry
Telephone number:		020 7116 3891

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 disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170314005788/en/