Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

13 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:			12 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:				3,231,800	0.33%	3,347,450	0.34%
(2) Cash-settled derivatives:				3,031,933	0.31%	2,414,357	0.25%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,263,733	0.64%	5,761,807	0.59%
(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	1640309	4.8857  GBP	4.8240  GBP
10p ordinary	Sale	857823	4.8850  GBP	4.8240  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	48,823	4.8601  GBP
10p ordinary	SWAP	Closing Long	54,068	4.8713  GBP
10p ordinary	SWAP	Decreasing Long	292	4.8558  GBP
10p ordinary	SWAP	Decreasing Long	323	4.8539  GBP
10p ordinary	SWAP	Decreasing Long	1,220	4.8546  GBP
10p ordinary	CFD	Decreasing Long	1,580	4.8436  GBP
10p ordinary	SWAP	Decreasing Long	1,670	4.8527  GBP
10p ordinary	CFD	Decreasing Long	1,974	4.8850  GBP
10p ordinary	CFD	Decreasing Long	2,521	4.8853  GBP
10p ordinary	CFD	Decreasing Long	2,871	4.8641  GBP
10p ordinary	SWAP	Decreasing Long	2,917	4.8694  GBP
10p ordinary	CFD	Decreasing Long	3,102	4.8601  GBP
10p ordinary	SWAP	Decreasing Long	3,144	4.8529  GBP
10p ordinary	CFD	Decreasing Long	3,666	4.8589  GBP
10p ordinary	SWAP	Decreasing Long	3,765	4.8588  GBP
10p ordinary	SWAP	Decreasing Long	8,880	4.8574  GBP
10p ordinary	CFD	Decreasing Long	9,691	4.8557  GBP
10p ordinary	SWAP	Decreasing Long	10,419	4.8850  GBP
10p ordinary	SWAP	Decreasing Long	11,052	4.8487  GBP
10p ordinary	CFD	Decreasing Long	15,649	4.8564  GBP
10p ordinary	CFD	Decreasing Long	21,448	4.8457  GBP
10p ordinary	SWAP	Decreasing Long	28,151	4.8850  GBP
10p ordinary	SWAP	Decreasing Long	37,266	4.8457  GBP
10p ordinary	SWAP	Decreasing Long	38,276	4.8602  GBP
10p ordinary	SWAP	Decreasing Long	51,734	4.8465  GBP
10p ordinary	SWAP	Decreasing Long	508,900	4.8670  GBP
10p ordinary	SWAP	Decreasing Short	167	4.8850  GBP
10p ordinary	SWAP	Decreasing Short	1,205	4.8382  GBP
10p ordinary	SWAP	Decreasing Short	2,303	4.8580  GBP
10p ordinary	SWAP	Decreasing Short	6,617	4.8578  GBP
10p ordinary	SWAP	Decreasing Short	8,724	4.8491  GBP
10p ordinary	SWAP	Decreasing Short	20,839	4.8829  GBP
10p ordinary	SWAP	Decreasing Short	105,514	4.8502  GBP
10p ordinary	SWAP	Increasing Long	79	4.8626  GBP
10p ordinary	SWAP	Increasing Long	132	4.8479  GBP
10p ordinary	CFD	Increasing Long	149	4.8546  GBP
10p ordinary	SWAP	Increasing Long	246	4.8465  GBP
10p ordinary	SWAP	Increasing Long	448	4.8599  GBP
10p ordinary	SWAP	Increasing Long	513	4.8582  GBP
10p ordinary	SWAP	Increasing Long	584	4.8529  GBP
10p ordinary	SWAP	Increasing Long	597	4.8459  GBP
10p ordinary	SWAP	Increasing Long	924	4.8579  GBP
10p ordinary	SWAP	Increasing Long	1,271	4.8529  GBP
10p ordinary	SWAP	Increasing Long	3,139	4.8551  GBP
10p ordinary	CFD	Increasing Long	4,432	4.8584  GBP
10p ordinary	SWAP	Increasing Long	5,773	4.8542  GBP
10p ordinary	CFD	Increasing Long	10,271	4.8395  GBP
10p ordinary	CFD	Increasing Long	12,389	4.8633  GBP
10p ordinary	CFD	Increasing Long	13,151	4.8850  GBP
10p ordinary	CFD	Increasing Long	18,246	4.8846  GBP
10p ordinary	CFD	Increasing Long	54,810	4.8618  GBP
10p ordinary	CFD	Increasing Long	55,894	4.8845  GBP
10p ordinary	SWAP	Increasing Long	62,230	4.8690  GBP
10p ordinary	SWAP	Increasing Long	220,560	4.8495  GBP
10p ordinary	SWAP	Increasing Short	144	4.8851  GBP
10p ordinary	SWAP	Increasing Short	297	4.8495  GBP
10p ordinary	SWAP	Increasing Short	630	4.8740  GBP
10p ordinary	SWAP	Increasing Short	733	4.8710  GBP
10p ordinary	SWAP	Increasing Short	1,171	4.8857  GBP
10p ordinary	SWAP	Increasing Short	1,638	4.8510  GBP
10p ordinary	SWAP	Increasing Short	2,296	4.8830  GBP
10p ordinary	SWAP	Increasing Short	3,351	4.8621  GBP
10p ordinary	SWAP	Increasing Short	5,443	4.8527  GBP
10p ordinary	SWAP	Increasing Short	5,459	4.8500  GBP
10p ordinary	SWAP	Increasing Short	10,729	4.8556  GBP
10p ordinary	SWAP	Increasing Short	19,115	4.8466  GBP
10p ordinary	SWAP	Increasing Short	22,493	4.8347  GBP
10p ordinary	SWAP	Increasing Short	81,582	4.8522  GBP
10p ordinary	SWAP	Increasing Short	89,803	4.8833  GBP
10p ordinary	SWAP	Increasing Short	159,588	4.8473  GBP
10p ordinary	SWAP	Opening Short	22,213	4.8471  GBP
10p ordinary	SWAP	Opening Short	114,200	4.8850  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:				13 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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