Form 8.5 (EPT/NON-RI) BARRATT DEVELOPMENTS PLC

Barclays PLC

12 February 2024

 

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)	Name of exempt principal trader:			BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			BARRATT DEVELOPMENTS PLC
(c)	Name of the party to the offer with which exempt  principal trader is connected			REDROW PLC
(d)	Date position held/dealing undertaken:			09 Feb 2024
(e)	In addition to the company in 1(b) above, is the exempt principal  trader making disclosures in respect of any other party to the offer?			YES:  REDROW PLC
2.	POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(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:				10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				3,087,409	0.32%	3,769,420	0.39%
(2) Cash-settled derivatives:				3,427,065	0.35%	2,234,841	0.23%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,514,474	0.67%	6,004,261	0.62%
(b)	Rights to subscribe for new securities (including directors and other executive options)
Class of relevant security in relation to  which subscription right exists
Details, including nature of the rights  concerned and relevant percentages:
3.	DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Total number of  securities	Highest price per unit  paid/received	Lowest price per unit  paid/received
10p ordinary	Purchase	1869684	4.8734  GBP	4.8060  GBP
10p ordinary	Sale	2650113	4.9519  GBP	4.8060  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Closing Long	24,499	4.8422  GBP
10p ordinary	SWAP	Closing Long	28,240	4.8370  GBP
10p ordinary	SWAP	Closing Long	50,378	4.8426  GBP
10p ordinary	SWAP	Closing Short	18,597	4.8710  GBP
10p ordinary	SWAP	Closing Short	59,456	4.8374  GBP
10p ordinary	SWAP	Closing Short	70,241	4.8400  GBP
10p ordinary	SWAP	Decreasing Long	192	4.8511  GBP
10p ordinary	SWAP	Decreasing Long	744	4.8508  GBP
10p ordinary	SWAP	Decreasing Long	1,153	4.8450  GBP
10p ordinary	SWAP	Decreasing Long	1,197	4.8557  GBP
10p ordinary	CFD	Decreasing Long	1,387	4.8833  GBP
10p ordinary	SWAP	Decreasing Long	1,391	4.8495  GBP
10p ordinary	SWAP	Decreasing Long	1,612	4.8475  GBP
10p ordinary	SWAP	Decreasing Long	6,246	4.8474  GBP
10p ordinary	SWAP	Decreasing Long	7,088	4.8471  GBP
10p ordinary	SWAP	Decreasing Long	10,635	4.8710  GBP
10p ordinary	SWAP	Decreasing Long	11,109	4.8734  GBP
10p ordinary	CFD	Decreasing Long	13,336	4.8338  GBP
10p ordinary	CFD	Decreasing Long	29,382	4.8591  GBP
10p ordinary	CFD	Decreasing Long	30,866	4.8638  GBP
10p ordinary	SWAP	Decreasing Long	36,255	4.8367  GBP
10p ordinary	SWAP	Decreasing Long	37,685	4.8713  GBP
10p ordinary	SWAP	Decreasing Long	238,376	4.8620  GBP
10p ordinary	SWAP	Decreasing Short	155	4.8405  GBP
10p ordinary	SWAP	Decreasing Short	455	4.8830  GBP
10p ordinary	SWAP	Decreasing Short	543	4.8540  GBP
10p ordinary	SWAP	Decreasing Short	601	4.8269  GBP
10p ordinary	SWAP	Decreasing Short	2,974	4.8429  GBP
10p ordinary	SWAP	Decreasing Short	3,055	4.8287  GBP
10p ordinary	SWAP	Decreasing Short	15,240	4.8403  GBP
10p ordinary	SWAP	Decreasing Short	68,509	4.8703  GBP
10p ordinary	SWAP	Decreasing Short	84,597	4.8686  GBP
10p ordinary	SWAP	Decreasing Short	176,991	4.8375  GBP
10p ordinary	SWAP	Decreasing Short	776,908	4.8750  GBP
10p ordinary	CFD	Increasing Long	115	4.8710  GBP
10p ordinary	SWAP	Increasing Long	540	4.8305  GBP
10p ordinary	SWAP	Increasing Long	1,400	4.8613  GBP
10p ordinary	CFD	Increasing Long	3,553	4.8420  GBP
10p ordinary	SWAP	Increasing Long	4,438	4.8667  GBP
10p ordinary	SWAP	Increasing Long	5,022	4.8597  GBP
10p ordinary	CFD	Increasing Long	25,517	4.8326  GBP
10p ordinary	CFD	Increasing Long	43,835	4.8706  GBP
10p ordinary	CFD	Increasing Long	45,632	4.8705  GBP
10p ordinary	CFD	Increasing Long	52,455	4.8562  GBP
10p ordinary	SWAP	Increasing Short	66	4.8366  GBP
10p ordinary	SWAP	Increasing Short	144	4.8367  GBP
10p ordinary	SWAP	Increasing Short	2,910	4.8137  GBP
10p ordinary	SWAP	Increasing Short	2,962	4.8399  GBP
10p ordinary	SWAP	Increasing Short	3,147	4.8682  GBP
10p ordinary	SWAP	Increasing Short	4,754	4.8717  GBP
10p ordinary	SWAP	Increasing Short	6,508	4.8402  GBP
10p ordinary	SWAP	Increasing Short	8,239	4.8287  GBP
10p ordinary	SWAP	Increasing Short	17,085	4.8393  GBP
10p ordinary	SWAP	Increasing Short	29,996	4.8710  GBP
10p ordinary	SWAP	Increasing Short	335,739	4.8410  GBP
10p ordinary	SWAP	Opening Long	556	4.8300  GBP
10p ordinary	SWAP	Opening Long	1,230	4.8433  GBP
10p ordinary	SWAP	Opening Long	2,155	4.8215  GBP
10p ordinary	SWAP	Opening Long	3,211	4.8250  GBP
10p ordinary	SWAP	Opening Long	5,082	4.8411  GBP
10p ordinary	SWAP	Opening Long	60,480	4.8706  GBP
10p ordinary	SWAP	Opening Long	335,137	4.8385  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	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
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings 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:
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 of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				12 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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