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

Barclays PLC

16 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:			15 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:				4,091,534	0.42%	3,204,981	0.33%
(2) Cash-settled derivatives:				2,730,259	0.28%	3,006,595	0.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,821,793	0.70%	6,211,576	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	1552596	4.7625  GBP	4.7260  GBP
10p ordinary	Sale	1381808	4.7630  GBP	4.7260  GBP
ADR	Purchase	3200	11.9800  USD	11.9800  USD
ADR	Sale	3200	11.9800  USD	11.9800  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 Long	12,228	4.7527  GBP
10p ordinary	SWAP	Decreasing Long	410	4.7402  GBP
10p ordinary	SWAP	Decreasing Long	413	4.7429  GBP
10p ordinary	CFD	Decreasing Long	500	4.7620  GBP
10p ordinary	CFD	Decreasing Long	1,000	4.7563  GBP
10p ordinary	SWAP	Decreasing Long	1,182	4.7431  GBP
10p ordinary	SWAP	Decreasing Long	2,591	4.7503  GBP
10p ordinary	CFD	Decreasing Long	3,009	4.7603  GBP
10p ordinary	SWAP	Decreasing Long	3,515	4.7411  GBP
10p ordinary	SWAP	Decreasing Long	4,588	4.7516  GBP
10p ordinary	SWAP	Decreasing Long	5,891	4.7415  GBP
10p ordinary	SWAP	Decreasing Long	8,987	4.7557  GBP
10p ordinary	SWAP	Decreasing Long	10,308	4.7570  GBP
10p ordinary	SWAP	Decreasing Long	12,073	4.7542  GBP
10p ordinary	CFD	Decreasing Long	15,154	4.7422  GBP
10p ordinary	CFD	Decreasing Long	18,708	4.7636  GBP
10p ordinary	CFD	Decreasing Long	32,254	4.7570  GBP
10p ordinary	SWAP	Decreasing Short	230	4.7360  GBP
10p ordinary	SWAP	Decreasing Short	687	4.7531  GBP
10p ordinary	SWAP	Decreasing Short	1,028	4.7455  GBP
10p ordinary	SWAP	Decreasing Short	1,252	4.7484  GBP
10p ordinary	SWAP	Decreasing Short	3,010	4.7600  GBP
10p ordinary	SWAP	Decreasing Short	3,136	4.7440  GBP
10p ordinary	SWAP	Decreasing Short	3,160	4.7430  GBP
10p ordinary	SWAP	Decreasing Short	3,565	4.7376  GBP
10p ordinary	SWAP	Decreasing Short	3,707	4.7548  GBP
10p ordinary	SWAP	Decreasing Short	7,278	4.7491  GBP
10p ordinary	SWAP	Decreasing Short	14,898	4.7563  GBP
10p ordinary	SWAP	Decreasing Short	15,691	4.7576  GBP
10p ordinary	SWAP	Decreasing Short	72,734	4.7480  GBP
10p ordinary	SWAP	Decreasing Short	79,704	4.7568  GBP
10p ordinary	SWAP	Decreasing Short	113,481	4.7485  GBP
10p ordinary	CFD	Increasing Long	803	4.7596  GBP
10p ordinary	CFD	Increasing Long	5,367	4.7581  GBP
10p ordinary	SWAP	Increasing Long	12,444	4.7528  GBP
10p ordinary	CFD	Increasing Long	19,775	4.7469  GBP
10p ordinary	SWAP	Increasing Long	65,927	4.7559  GBP
10p ordinary	SWAP	Increasing Short	277	4.7470  GBP
10p ordinary	CFD	Increasing Short	288	4.7493  GBP
10p ordinary	SWAP	Increasing Short	412	4.7430  GBP
10p ordinary	SWAP	Increasing Short	1,270	4.7530  GBP
10p ordinary	SWAP	Increasing Short	2,471	4.7534  GBP
10p ordinary	SWAP	Increasing Short	2,538	4.7615  GBP
10p ordinary	SWAP	Increasing Short	3,884	4.7409  GBP
10p ordinary	SWAP	Increasing Short	8,002	4.7590  GBP
10p ordinary	SWAP	Increasing Short	12,886	4.7506  GBP
10p ordinary	SWAP	Increasing Short	45,120	4.7531  GBP
10p ordinary	SWAP	Increasing Short	118,860	4.7525  GBP
10p ordinary	SWAP	Increasing Short	225,029	4.7570  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:				16 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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