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

Barclays PLC

19 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:			16 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:				4,285,226	0.44%	3,638,370	0.37%
(2) Cash-settled derivatives:				3,090,620	0.32%	3,146,395	0.32%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				7,375,846	0.76%	6,784,765	0.70%
(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	1877261	4.7890  GBP	4.7100  GBP
10p ordinary	Sale	2090168	4.7890  GBP	4.7100  GBP
ADR	Purchase	20002	11.9672  USD	11.9672  USD
ADR	Sale	20002	11.9672  USD	11.9672  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Long	1,000	4.7583  GBP
10p ordinary	SWAP	Decreasing Long	2,655	4.7795  GBP
10p ordinary	SWAP	Decreasing Long	2,671	4.7799  GBP
10p ordinary	SWAP	Decreasing Long	3,614	4.7791  GBP
10p ordinary	CFD	Decreasing Long	16,056	4.7600  GBP
10p ordinary	CFD	Decreasing Long	25,241	4.7373  GBP
10p ordinary	SWAP	Decreasing Long	26,104	4.7788  GBP
10p ordinary	SWAP	Decreasing Long	31,342	4.7698  GBP
10p ordinary	SWAP	Decreasing Long	39,916	4.7800  GBP
10p ordinary	CFD	Decreasing Long	81,489	4.7716  GBP
10p ordinary	SWAP	Decreasing Short	192	4.7500  GBP
10p ordinary	SWAP	Decreasing Short	330	4.7580  GBP
10p ordinary	SWAP	Decreasing Short	463	4.7770  GBP
10p ordinary	SWAP	Decreasing Short	800	4.7683  GBP
10p ordinary	SWAP	Decreasing Short	1,387	4.7627  GBP
10p ordinary	SWAP	Decreasing Short	1,902	4.7450  GBP
10p ordinary	SWAP	Decreasing Short	2,207	4.7529  GBP
10p ordinary	SWAP	Decreasing Short	4,155	4.7639  GBP
10p ordinary	SWAP	Decreasing Short	12,537	4.7424  GBP
10p ordinary	SWAP	Decreasing Short	13,255	4.7583  GBP
10p ordinary	SWAP	Decreasing Short	14,285	4.7661  GBP
10p ordinary	SWAP	Decreasing Short	15,205	4.7437  GBP
10p ordinary	SWAP	Decreasing Short	58,456	4.7388  GBP
10p ordinary	SWAP	Decreasing Short	59,655	4.7540  GBP
10p ordinary	SWAP	Decreasing Short	130,454	4.7778  GBP
10p ordinary	SWAP	Decreasing Short	320,346	4.7614  GBP
10p ordinary	CFD	Increasing Long	63	4.7596  GBP
10p ordinary	SWAP	Increasing Long	209	4.7654  GBP
10p ordinary	SWAP	Increasing Long	225	4.7360  GBP
10p ordinary	SWAP	Increasing Long	353	4.7459  GBP
10p ordinary	SWAP	Increasing Long	562	4.7506  GBP
10p ordinary	SWAP	Increasing Long	742	4.7355  GBP
10p ordinary	SWAP	Increasing Long	1,690	4.7282  GBP
10p ordinary	SWAP	Increasing Long	2,827	4.7322  GBP
10p ordinary	SWAP	Increasing Long	3,130	4.7419  GBP
10p ordinary	SWAP	Increasing Long	4,671	4.7573  GBP
10p ordinary	CFD	Increasing Long	5,162	4.7705  GBP
10p ordinary	SWAP	Increasing Long	5,248	4.7557  GBP
10p ordinary	SWAP	Increasing Long	5,727	4.7549  GBP
10p ordinary	SWAP	Increasing Long	7,902	4.7604  GBP
10p ordinary	CFD	Increasing Long	12,399	4.7507  GBP
10p ordinary	CFD	Increasing Long	15,840	4.7751  GBP
10p ordinary	CFD	Increasing Long	20,817	4.7800  GBP
10p ordinary	CFD	Increasing Long	22,060	4.7260  GBP
10p ordinary	SWAP	Increasing Long	59,109	4.7799  GBP
10p ordinary	SWAP	Increasing Long	421,713	4.7476  GBP
10p ordinary	SWAP	Increasing Short	868	4.7603  GBP
10p ordinary	SWAP	Increasing Short	881	4.7432  GBP
10p ordinary	SWAP	Increasing Short	976	4.7580  GBP
10p ordinary	SWAP	Increasing Short	1,911	4.7496  GBP
10p ordinary	SWAP	Increasing Short	1,924	4.7431  GBP
10p ordinary	SWAP	Increasing Short	1,959	4.7583  GBP
10p ordinary	SWAP	Increasing Short	9,079	4.7518  GBP
10p ordinary	SWAP	Increasing Short	18,643	4.7741  GBP
10p ordinary	SWAP	Increasing Short	45,710	4.7597  GBP
10p ordinary	SWAP	Increasing Short	105,719	4.7627  GBP
10p ordinary	SWAP	Increasing Short	110,922	4.7757  GBP
10p ordinary	SWAP	Increasing Short	128,302	4.7800  GBP
10p ordinary	SWAP	Increasing Short	160,119	4.7800  GBP
10p ordinary	SWAP	Increasing Short	188,416	4.7632  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:				19 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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