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

Barclays PLC

21 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:			20 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:				3,838,777	0.39%	3,381,956	0.35%
(2) Cash-settled derivatives:				2,844,183	0.29%	2,684,688	0.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,682,960	0.69%	6,066,644	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	898382	4.8090  GBP	4.7520  GBP
10p ordinary	Sale	1131287	4.8090  GBP	4.7570  GBP
(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	7	4.7514  GBP
10p ordinary	SWAP	Decreasing Long	1,531	4.7767  GBP
10p ordinary	SWAP	Decreasing Long	2,022	4.7801  GBP
10p ordinary	SWAP	Decreasing Long	2,926	4.7912  GBP
10p ordinary	CFD	Decreasing Long	3,244	4.7778  GBP
10p ordinary	SWAP	Decreasing Long	6,293	4.7872  GBP
10p ordinary	SWAP	Decreasing Long	7,262	4.7911  GBP
10p ordinary	SWAP	Decreasing Long	7,488	4.7622  GBP
10p ordinary	CFD	Decreasing Long	8,512	4.8080  GBP
10p ordinary	SWAP	Decreasing Long	8,664	4.7881  GBP
10p ordinary	SWAP	Decreasing Long	9,512	4.7831  GBP
10p ordinary	SWAP	Decreasing Long	20,315	4.8080  GBP
10p ordinary	SWAP	Decreasing Long	37,166	4.7898  GBP
10p ordinary	CFD	Decreasing Long	41,405	4.7792  GBP
10p ordinary	SWAP	Decreasing Long	53,476	4.7972  GBP
10p ordinary	SWAP	Decreasing Short	74	4.7679  GBP
10p ordinary	SWAP	Decreasing Short	205	4.7770  GBP
10p ordinary	SWAP	Decreasing Short	227	4.8025  GBP
10p ordinary	SWAP	Decreasing Short	614	4.7960  GBP
10p ordinary	SWAP	Decreasing Short	874	4.7718  GBP
10p ordinary	SWAP	Decreasing Short	5,095	4.7815  GBP
10p ordinary	SWAP	Decreasing Short	28,497	4.7946  GBP
10p ordinary	SWAP	Decreasing Short	35,190	4.7862  GBP
10p ordinary	SWAP	Decreasing Short	93,697	4.7926  GBP
10p ordinary	SWAP	Decreasing Short	95,429	4.8070  GBP
10p ordinary	SWAP	Decreasing Short	121,732	4.8080  GBP
10p ordinary	SWAP	Decreasing Short	134,897	4.8079  GBP
10p ordinary	CFD	Increasing Long	8,512	4.8080  GBP
10p ordinary	CFD	Increasing Long	10,578	4.7879  GBP
10p ordinary	CFD	Increasing Long	30,834	4.8079  GBP
10p ordinary	SWAP	Increasing Long	32,700	4.7856  GBP
10p ordinary	SWAP	Increasing Short	98	4.7930  GBP
10p ordinary	SWAP	Increasing Short	522	4.7945  GBP
10p ordinary	SWAP	Increasing Short	603	4.7750  GBP
10p ordinary	SWAP	Increasing Short	1,079	4.7990  GBP
10p ordinary	SWAP	Increasing Short	1,141	4.7892  GBP
10p ordinary	SWAP	Increasing Short	1,912	4.7757  GBP
10p ordinary	SWAP	Increasing Short	2,244	4.7737  GBP
10p ordinary	SWAP	Increasing Short	2,660	4.7898  GBP
10p ordinary	SWAP	Increasing Short	2,676	4.7861  GBP
10p ordinary	SWAP	Increasing Short	6,130	4.7921  GBP
10p ordinary	SWAP	Increasing Short	9,092	4.7933  GBP
10p ordinary	SWAP	Increasing Short	13,480	4.7919  GBP
10p ordinary	SWAP	Increasing Short	37,760	4.8081  GBP
10p ordinary	SWAP	Increasing Short	73,276	4.7868  GBP
10p ordinary	SWAP	Opening Short	191	4.8029  GBP
10p ordinary	SWAP	Opening Short	268	4.7957  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:				21 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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