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

Barclays PLC

26 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:			23 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:				5,596,155	0.57%	4,900,616	0.50%
(2) Cash-settled derivatives:				4,294,889	0.44%	4,371,821	0.45%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				9,891,044	1.01%	9,272,437	0.95%
(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	825683	4.8090  GBP	4.7460  GBP
10p ordinary	Sale	616858	4.8090  GBP	4.7500  GBP
ADR	Purchase	1500	12.0700  USD	12.0700  USD
ADR	Sale	1500	12.0700  USD	12.0700  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	4.8100  GBP
10p ordinary	SWAP	Decreasing Long	10	4.7920  GBP
10p ordinary	CFD	Decreasing Long	54	4.7990  GBP
10p ordinary	SWAP	Decreasing Long	184	4.7975  GBP
10p ordinary	SWAP	Decreasing Long	225	4.7951  GBP
10p ordinary	CFD	Decreasing Long	682	4.7803  GBP
10p ordinary	SWAP	Decreasing Long	1,072	4.7834  GBP
10p ordinary	SWAP	Decreasing Long	1,638	4.7913  GBP
10p ordinary	SWAP	Decreasing Long	2,441	4.7905  GBP
10p ordinary	CFD	Decreasing Long	3,176	4.7945  GBP
10p ordinary	SWAP	Decreasing Long	5,100	4.7794  GBP
10p ordinary	SWAP	Decreasing Long	5,897	4.7927  GBP
10p ordinary	SWAP	Decreasing Long	6,996	4.7917  GBP
10p ordinary	SWAP	Decreasing Long	10,920	4.7881  GBP
10p ordinary	SWAP	Decreasing Long	16,632	4.8145  GBP
10p ordinary	CFD	Decreasing Long	20,909	4.7691  GBP
10p ordinary	SWAP	Decreasing Long	30,729	4.7850  GBP
10p ordinary	CFD	Decreasing Long	42,359	4.7850  GBP
10p ordinary	SWAP	Decreasing Short	9	4.7910  GBP
10p ordinary	SWAP	Decreasing Short	32	4.7842  GBP
10p ordinary	SWAP	Decreasing Short	36	4.7794  GBP
10p ordinary	SWAP	Decreasing Short	366	4.7780  GBP
10p ordinary	SWAP	Decreasing Short	749	4.7839  GBP
10p ordinary	SWAP	Decreasing Short	1,245	4.7822  GBP
10p ordinary	SWAP	Decreasing Short	1,500	4.7954  GBP
10p ordinary	SWAP	Decreasing Short	4,977	4.7829  GBP
10p ordinary	SWAP	Decreasing Short	34,020	4.7839  GBP
10p ordinary	SWAP	Decreasing Short	63,557	4.7849  GBP
10p ordinary	SWAP	Decreasing Short	99,732	4.7855  GBP
10p ordinary	CFD	Increasing Long	792	4.7901  GBP
10p ordinary	CFD	Increasing Long	2,182	4.7859  GBP
10p ordinary	CFD	Increasing Long	8,655	4.7959  GBP
10p ordinary	CFD	Increasing Long	9,312	4.7526  GBP
10p ordinary	CFD	Increasing Long	18,527	4.7936  GBP
10p ordinary	CFD	Increasing Long	37,042	4.7876  GBP
10p ordinary	CFD	Increasing Long	54,442	4.7676  GBP
10p ordinary	SWAP	Increasing Short	238	4.7620  GBP
10p ordinary	SWAP	Increasing Short	264	4.7887  GBP
10p ordinary	SWAP	Increasing Short	352	4.7890  GBP
10p ordinary	SWAP	Increasing Short	359	4.7860  GBP
10p ordinary	SWAP	Increasing Short	520	4.7831  GBP
10p ordinary	SWAP	Increasing Short	727	4.7916  GBP
10p ordinary	SWAP	Increasing Short	834	4.7843  GBP
10p ordinary	SWAP	Increasing Short	1,586	4.7771  GBP
10p ordinary	SWAP	Increasing Short	3,539	4.7824  GBP
10p ordinary	SWAP	Increasing Short	4,627	4.7898  GBP
10p ordinary	SWAP	Increasing Short	7,505	4.7888  GBP
10p ordinary	SWAP	Increasing Short	9,710	4.7856  GBP
10p ordinary	SWAP	Increasing Short	12,146	4.7885  GBP
10p ordinary	SWAP	Increasing Short	15,644	4.7847  GBP
10p ordinary	SWAP	Increasing Short	16,469	4.7783  GBP
10p ordinary	SWAP	Increasing Short	18,378	4.7784  GBP
10p ordinary	SWAP	Increasing Short	20,875	4.7827  GBP
10p ordinary	SWAP	Increasing Short	22,456	4.7862  GBP
10p ordinary	SWAP	Increasing Short	32,028	4.7850  GBP
10p ordinary	SWAP	Increasing Short	72,954	4.7842  GBP
10p ordinary	SWAP	Increasing Short	73,830	4.7850  GBP
10p ordinary	SWAP	Increasing Short	102,350	4.7899  GBP
10p ordinary	SWAP	Opening Long	23,836	4.7816  GBP
10p ordinary	SWAP	Opening Short	14,547	4.7852  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:				26 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END