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

Barclays PLC

15 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:			14 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:				3,906,600	0.40%	3,163,670	0.32%
(2) Cash-settled derivatives:				2,729,954	0.28%	2,909,119	0.30%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,636,554	0.68%	6,072,789	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	821176	4.7990  GBP	4.7139  GBP
10p ordinary	Sale	1036807	4.7990  GBP	4.7110  GBP
ADR	Purchase	5200	11.9440  USD	11.9440  USD
ADR	Sale	5200	11.9440  USD	11.9440  USD
(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 Short	51,302	4.7360  GBP
10p ordinary	SWAP	Decreasing Long	28	4.7290  GBP
10p ordinary	SWAP	Decreasing Long	623	4.7267  GBP
10p ordinary	SWAP	Decreasing Long	732	4.7139  GBP
10p ordinary	CFD	Decreasing Long	1,210	4.7301  GBP
10p ordinary	CFD	Decreasing Long	3,943	4.7197  GBP
10p ordinary	CFD	Decreasing Long	4,530	4.7845  GBP
10p ordinary	CFD	Decreasing Long	11,490	4.7544  GBP
10p ordinary	CFD	Decreasing Long	12,005	4.7803  GBP
10p ordinary	SWAP	Decreasing Long	14,500	4.7924  GBP
10p ordinary	CFD	Decreasing Long	34,169	4.7363  GBP
10p ordinary	CFD	Decreasing Long	97,576	4.7556  GBP
10p ordinary	SWAP	Decreasing Short	137	4.7760  GBP
10p ordinary	SWAP	Decreasing Short	383	4.7711  GBP
10p ordinary	SWAP	Decreasing Short	636	4.7490  GBP
10p ordinary	SWAP	Decreasing Short	690	4.7530  GBP
10p ordinary	SWAP	Decreasing Short	1,451	4.7589  GBP
10p ordinary	SWAP	Decreasing Short	1,516	4.7302  GBP
10p ordinary	SWAP	Decreasing Short	1,871	4.7551  GBP
10p ordinary	SWAP	Decreasing Short	2,780	4.7543  GBP
10p ordinary	SWAP	Decreasing Short	3,363	4.7539  GBP
10p ordinary	SWAP	Decreasing Short	7,330	4.7545  GBP
10p ordinary	SWAP	Decreasing Short	12,260	4.7358  GBP
10p ordinary	SWAP	Decreasing Short	13,945	4.7662  GBP
10p ordinary	SWAP	Decreasing Short	19,038	4.7778  GBP
10p ordinary	SWAP	Decreasing Short	54,745	4.7584  GBP
10p ordinary	SWAP	Decreasing Short	71,623	4.7597  GBP
10p ordinary	SWAP	Decreasing Short	163,268	4.7359  GBP
10p ordinary	SWAP	Decreasing Short	172,094	4.7592  GBP
10p ordinary	SWAP	Increasing Long	251	4.7678  GBP
10p ordinary	SWAP	Increasing Long	826	4.7721  GBP
10p ordinary	CFD	Increasing Long	1,700	4.7753  GBP
10p ordinary	SWAP	Increasing Long	2,496	4.7670  GBP
10p ordinary	SWAP	Increasing Long	2,509	4.7650  GBP
10p ordinary	SWAP	Increasing Long	2,802	4.7675  GBP
10p ordinary	SWAP	Increasing Long	3,667	4.7573  GBP
10p ordinary	CFD	Increasing Long	3,669	4.7558  GBP
10p ordinary	CFD	Increasing Long	3,695	4.6816  GBP
10p ordinary	SWAP	Increasing Long	11,665	4.7758  GBP
10p ordinary	CFD	Increasing Long	11,707	4.7595  GBP
10p ordinary	SWAP	Increasing Long	14,500	4.7452  GBP
10p ordinary	SWAP	Increasing Long	16,647	4.7715  GBP
10p ordinary	SWAP	Increasing Long	16,816	4.7359  GBP
10p ordinary	CFD	Increasing Long	25,979	4.7359  GBP
10p ordinary	SWAP	Increasing Long	32,469	4.7575  GBP
10p ordinary	SWAP	Increasing Long	50,500	4.7578  GBP
10p ordinary	SWAP	Increasing Short	586	4.7526  GBP
10p ordinary	SWAP	Increasing Short	821	4.7220  GBP
10p ordinary	SWAP	Increasing Short	977	4.7367  GBP
10p ordinary	SWAP	Increasing Short	995	4.7481  GBP
10p ordinary	SWAP	Increasing Short	1,116	4.7615  GBP
10p ordinary	CFD	Increasing Short	1,282	4.7235  GBP
10p ordinary	SWAP	Increasing Short	1,515	4.7760  GBP
10p ordinary	SWAP	Increasing Short	2,323	4.7613  GBP
10p ordinary	SWAP	Increasing Short	2,609	4.7605  GBP
10p ordinary	SWAP	Increasing Short	7,039	4.7507  GBP
10p ordinary	SWAP	Increasing Short	8,416	4.7685  GBP
10p ordinary	SWAP	Increasing Short	23,338	4.7351  GBP
10p ordinary	SWAP	Increasing Short	156,666	4.7360  GBP
10p ordinary	SWAP	Increasing Short	178,174	4.7360  GBP
10p ordinary	SWAP	Opening Short	605	4.7494  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:				15 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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