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

Barclays PLC

14 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:			13 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:				4,039,667	0.41%	3,097,794	0.32%
(2) Cash-settled derivatives:				2,708,862	0.28%	3,101,089	0.32%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,748,529	0.69%	6,198,883	0.64%
(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	2013545	4.8460  GBP	4.6606  GBP
10p ordinary	Sale	750869	4.8555  GBP	4.6601  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	2,661	4.6717  GBP
10p ordinary	SWAP	Closing Long	2,719	4.7528  GBP
10p ordinary	SWAP	Closing Long	3,434	4.6983  GBP
10p ordinary	SWAP	Closing Long	170,718	4.7565  GBP
10p ordinary	SWAP	Closing Short	114,200	4.6610  GBP
10p ordinary	SWAP	Decreasing Long	45	4.6700  GBP
10p ordinary	SWAP	Decreasing Long	300	4.6899  GBP
10p ordinary	SWAP	Decreasing Long	529	4.6975  GBP
10p ordinary	CFD	Decreasing Long	618	4.8261  GBP
10p ordinary	SWAP	Decreasing Long	670	4.6780  GBP
10p ordinary	CFD	Decreasing Long	758	4.6613  GBP
10p ordinary	SWAP	Decreasing Long	1,000	4.8100  GBP
10p ordinary	CFD	Decreasing Long	1,178	4.7417  GBP
10p ordinary	SWAP	Decreasing Long	3,177	4.8000  GBP
10p ordinary	SWAP	Decreasing Long	3,203	4.7121  GBP
10p ordinary	SWAP	Decreasing Long	5,560	4.7775  GBP
10p ordinary	CFD	Decreasing Long	10,586	4.8210  GBP
10p ordinary	CFD	Decreasing Long	12,152	4.7784  GBP
10p ordinary	SWAP	Decreasing Long	27,798	4.8387  GBP
10p ordinary	CFD	Decreasing Long	41,350	4.7414  GBP
10p ordinary	CFD	Decreasing Long	44,483	4.6624  GBP
10p ordinary	SWAP	Decreasing Long	337,898	4.8365  GBP
10p ordinary	SWAP	Decreasing Short	326	4.7780  GBP
10p ordinary	SWAP	Decreasing Short	887	4.7067  GBP
10p ordinary	SWAP	Decreasing Short	1,042	4.7361  GBP
10p ordinary	SWAP	Decreasing Short	1,076	4.8367  GBP
10p ordinary	SWAP	Decreasing Short	1,877	4.7618  GBP
10p ordinary	SWAP	Decreasing Short	2,162	4.7647  GBP
10p ordinary	SWAP	Decreasing Short	2,240	4.6600  GBP
10p ordinary	SWAP	Decreasing Short	3,433	4.6775  GBP
10p ordinary	SWAP	Decreasing Short	14,214	4.7662  GBP
10p ordinary	SWAP	Decreasing Short	36,298	4.6611  GBP
10p ordinary	SWAP	Decreasing Short	60,574	4.6716  GBP
10p ordinary	SWAP	Decreasing Short	68,894	4.7536  GBP
10p ordinary	SWAP	Increasing Long	25	4.8399  GBP
10p ordinary	CFD	Increasing Long	600	4.6826  GBP
10p ordinary	CFD	Increasing Long	734	4.7048  GBP
10p ordinary	SWAP	Increasing Long	753	4.6573  GBP
10p ordinary	SWAP	Increasing Long	1,061	4.6614  GBP
10p ordinary	SWAP	Increasing Long	1,119	4.8098  GBP
10p ordinary	SWAP	Increasing Long	1,444	4.6621  GBP
10p ordinary	SWAP	Increasing Long	1,962	4.7749  GBP
10p ordinary	CFD	Increasing Long	2,158	4.7542  GBP
10p ordinary	SWAP	Increasing Long	2,770	4.8392  GBP
10p ordinary	SWAP	Increasing Long	2,884	4.7090  GBP
10p ordinary	SWAP	Increasing Long	2,958	4.6609  GBP
10p ordinary	SWAP	Increasing Long	3,764	4.6519  GBP
10p ordinary	SWAP	Increasing Long	4,818	4.8152  GBP
10p ordinary	CFD	Increasing Long	12,133	4.7405  GBP
10p ordinary	CFD	Increasing Long	30,220	4.7380  GBP
10p ordinary	SWAP	Increasing Short	883	4.8360  GBP
10p ordinary	SWAP	Increasing Short	930	4.8220  GBP
10p ordinary	SWAP	Increasing Short	1,047	4.7275  GBP
10p ordinary	SWAP	Increasing Short	1,500	4.7902  GBP
10p ordinary	SWAP	Increasing Short	1,682	4.7624  GBP
10p ordinary	SWAP	Increasing Short	2,131	4.8104  GBP
10p ordinary	SWAP	Increasing Short	2,611	4.6617  GBP
10p ordinary	SWAP	Increasing Short	3,739	4.7669  GBP
10p ordinary	SWAP	Increasing Short	3,854	4.7961  GBP
10p ordinary	SWAP	Increasing Short	8,400	4.7960  GBP
10p ordinary	SWAP	Increasing Short	76,001	4.7665  GBP
10p ordinary	SWAP	Increasing Short	297,974	4.7248  GBP
10p ordinary	SWAP	Increasing Short	371,549	4.6620  GBP
10p ordinary	SWAP	Opening Long	4,994	4.7187  GBP
10p ordinary	SWAP	Opening Long	25,000	4.7031  GBP
10p ordinary	SWAP	Opening Long	37,228	4.7697  GBP
10p ordinary	SWAP	Opening Short	51,302	4.6610  GBP
10p ordinary	SWAP	Opening Short	60,758	4.7420  GBP
10p ordinary	SWAP	Opening Short	94,328	4.7569  GBP
10p ordinary	SWAP	Opening Short	310,212	4.6610  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:				14 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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