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

Barclays PLC

27 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:			26 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:				5,626,599	0.58%	4,077,179	0.42%
(2) Cash-settled derivatives:				3,266,145	0.34%	4,199,430	0.43%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				8,892,744	0.91%	8,276,609	0.85%
(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	1557595	4.7970  GBP	4.6830  GBP
10p ordinary	Sale	703565	4.7970  GBP	4.6690  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 Short	141	4.6763  GBP
10p ordinary	SWAP	Closing Short	850	4.7640  GBP
10p ordinary	SWAP	Closing Short	1,142	4.7478  GBP
10p ordinary	SWAP	Closing Short	4,940	4.7461  GBP
10p ordinary	SWAP	Closing Short	21,644	4.7572  GBP
10p ordinary	SWAP	Closing Short	24,984	4.7732  GBP
10p ordinary	SWAP	Closing Short	39,531	4.7730  GBP
10p ordinary	SWAP	Closing Short	39,929	4.7257  GBP
10p ordinary	CFD	Decreasing Long	292	4.6744  GBP
10p ordinary	CFD	Decreasing Long	1,632	4.7406  GBP
10p ordinary	CFD	Decreasing Long	5,848	4.7832  GBP
10p ordinary	CFD	Decreasing Long	10,311	4.7629  GBP
10p ordinary	CFD	Decreasing Long	18,704	4.7838  GBP
10p ordinary	CFD	Decreasing Long	46,946	4.7702  GBP
10p ordinary	SWAP	Decreasing Long	158,105	4.7708  GBP
10p ordinary	CFD	Decreasing Long	215,433	4.7766  GBP
10p ordinary	SWAP	Decreasing Long	302,916	4.7460  GBP
10p ordinary	SWAP	Decreasing Short	183	4.7438  GBP
10p ordinary	SWAP	Decreasing Short	183	4.7731  GBP
10p ordinary	SWAP	Decreasing Short	183	4.7729  GBP
10p ordinary	SWAP	Decreasing Short	280	4.7773  GBP
10p ordinary	SWAP	Decreasing Short	1,683	4.7153  GBP
10p ordinary	SWAP	Decreasing Short	2,353	4.7718  GBP
10p ordinary	SWAP	Decreasing Short	2,717	4.7690  GBP
10p ordinary	SWAP	Decreasing Short	3,914	4.7731  GBP
10p ordinary	SWAP	Decreasing Short	5,409	4.7527  GBP
10p ordinary	SWAP	Decreasing Short	6,384	4.7807  GBP
10p ordinary	SWAP	Decreasing Short	6,550	4.7804  GBP
10p ordinary	SWAP	Decreasing Short	11,775	4.7811  GBP
10p ordinary	SWAP	Decreasing Short	21,215	4.7679  GBP
10p ordinary	SWAP	Decreasing Short	31,840	4.7730  GBP
10p ordinary	SWAP	Decreasing Short	48,385	4.7708  GBP
10p ordinary	CFD	Increasing Long	156	4.7769  GBP
10p ordinary	CFD	Increasing Long	186	4.7730  GBP
10p ordinary	CFD	Increasing Long	10,125	4.7476  GBP
10p ordinary	SWAP	Increasing Short	157	4.7350  GBP
10p ordinary	SWAP	Increasing Short	226	4.6769  GBP
10p ordinary	SWAP	Increasing Short	369	4.7361  GBP
10p ordinary	SWAP	Increasing Short	462	4.7836  GBP
10p ordinary	SWAP	Increasing Short	686	4.7840  GBP
10p ordinary	SWAP	Increasing Short	1,212	4.7498  GBP
10p ordinary	SWAP	Increasing Short	1,891	4.7848  GBP
10p ordinary	SWAP	Increasing Short	2,845	4.7487  GBP
10p ordinary	SWAP	Increasing Short	7,503	4.7810  GBP
10p ordinary	SWAP	Increasing Short	15,466	4.7615  GBP
10p ordinary	SWAP	Increasing Short	18,373	4.7158  GBP
10p ordinary	SWAP	Opening Long	4,563	4.7647  GBP
10p ordinary	SWAP	Opening Long	9,150	4.7541  GBP
10p ordinary	SWAP	Opening Long	25,240	4.7657  GBP
10p ordinary	SWAP	Opening Long	59,423	4.7733  GBP
10p ordinary	SWAP	Opening Long	205,698	4.7708  GBP
10p ordinary	SWAP	Opening Short	61,632	4.7698  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:				27 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END