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

Barclays PLC

20 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:			19 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:				4,196,162	0.43%	3,507,644	0.36%
(2) Cash-settled derivatives:				2,958,731	0.30%	3,048,469	0.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				7,154,893	0.73%	6,556,113	0.67%
(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	692301	4.7890  GBP	4.7490  GBP
10p ordinary	Sale	660682	4.7890  GBP	4.7550  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	201,218	4.7730  GBP
10p ordinary	SWAP	Closing Short	703	4.7806  GBP
10p ordinary	SWAP	Closing Short	160,021	4.7780  GBP
10p ordinary	SWAP	Decreasing Long	49	4.7737  GBP
10p ordinary	SWAP	Decreasing Long	176	4.7660  GBP
10p ordinary	SWAP	Decreasing Long	273	4.7673  GBP
10p ordinary	CFD	Decreasing Long	574	4.7779  GBP
10p ordinary	CFD	Decreasing Long	5,551	4.7733  GBP
10p ordinary	CFD	Decreasing Long	7,282	4.7790  GBP
10p ordinary	SWAP	Decreasing Long	11,324	4.7720  GBP
10p ordinary	SWAP	Decreasing Long	12,681	4.7730  GBP
10p ordinary	CFD	Decreasing Long	15,851	4.7666  GBP
10p ordinary	SWAP	Decreasing Short	22	4.7710  GBP
10p ordinary	SWAP	Decreasing Short	39	4.7735  GBP
10p ordinary	SWAP	Decreasing Short	103	4.7736  GBP
10p ordinary	SWAP	Decreasing Short	133	4.7730  GBP
10p ordinary	SWAP	Decreasing Short	471	4.7675  GBP
10p ordinary	SWAP	Decreasing Short	2,188	4.7774  GBP
10p ordinary	SWAP	Decreasing Short	2,951	4.7798  GBP
10p ordinary	SWAP	Decreasing Short	4,614	4.7789  GBP
10p ordinary	SWAP	Decreasing Short	7,134	4.7739  GBP
10p ordinary	SWAP	Decreasing Short	8,000	4.7733  GBP
10p ordinary	SWAP	Decreasing Short	10,419	4.7740  GBP
10p ordinary	SWAP	Decreasing Short	32,274	4.7741  GBP
10p ordinary	SWAP	Decreasing Short	66,132	4.7778  GBP
10p ordinary	CFD	Increasing Long	3	4.7766  GBP
10p ordinary	SWAP	Increasing Long	200	4.7799  GBP
10p ordinary	SWAP	Increasing Long	418	4.7829  GBP
10p ordinary	SWAP	Increasing Long	724	4.7805  GBP
10p ordinary	SWAP	Increasing Long	1,817	4.7824  GBP
10p ordinary	CFD	Increasing Long	1,835	4.7757  GBP
10p ordinary	SWAP	Increasing Long	1,915	4.7779  GBP
10p ordinary	SWAP	Increasing Long	2,518	4.7723  GBP
10p ordinary	SWAP	Increasing Long	3,743	4.7688  GBP
10p ordinary	CFD	Increasing Long	4,812	4.7750  GBP
10p ordinary	SWAP	Increasing Long	5,079	4.7716  GBP
10p ordinary	SWAP	Increasing Long	5,678	4.7771  GBP
10p ordinary	SWAP	Increasing Long	13,787	4.7767  GBP
10p ordinary	CFD	Increasing Long	18,892	4.7780  GBP
10p ordinary	SWAP	Increasing Long	46,800	4.7747  GBP
10p ordinary	SWAP	Increasing Short	125	4.7650  GBP
10p ordinary	SWAP	Increasing Short	261	4.7490  GBP
10p ordinary	SWAP	Increasing Short	290	4.7760  GBP
10p ordinary	SWAP	Increasing Short	706	4.7720  GBP
10p ordinary	SWAP	Increasing Short	1,080	4.7735  GBP
10p ordinary	SWAP	Increasing Short	1,231	4.7845  GBP
10p ordinary	SWAP	Increasing Short	2,321	4.7737  GBP
10p ordinary	SWAP	Increasing Short	3,064	4.7738  GBP
10p ordinary	SWAP	Increasing Short	4,829	4.7721  GBP
10p ordinary	SWAP	Increasing Short	6,986	4.7736  GBP
10p ordinary	SWAP	Increasing Short	6,986	4.7663  GBP
10p ordinary	SWAP	Increasing Short	7,805	4.7746  GBP
10p ordinary	SWAP	Increasing Short	9,780	4.7782  GBP
10p ordinary	SWAP	Increasing Short	9,992	4.7755  GBP
10p ordinary	SWAP	Increasing Short	26,028	4.7780  GBP
10p ordinary	SWAP	Increasing Short	42,749	4.7780  GBP
10p ordinary	SWAP	Increasing Short	73,045	4.7751  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:				20 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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