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

Barclays PLC

28 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:			27 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:				6,001,093	0.62%	4,160,747	0.43%
(2) Cash-settled derivatives:				3,359,586	0.34%	4,518,064	0.46%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				9,360,679	0.96%	8,678,811	0.89%
(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	778071	4.7730  GBP	4.6899  GBP
10p ordinary	Sale	486571	4.7685  GBP	4.6900  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	377	4.7730  GBP
10p ordinary	SWAP	Closing Long	488	4.7320  GBP
10p ordinary	SWAP	Closing Long	1,089	4.6940  GBP
10p ordinary	SWAP	Closing Long	3,375	4.7177  GBP
10p ordinary	SWAP	Closing Long	42,296	4.7114  GBP
10p ordinary	CFD	Decreasing Long	411	4.7763  GBP
10p ordinary	CFD	Decreasing Long	548	4.7759  GBP
10p ordinary	CFD	Decreasing Long	941	4.6846  GBP
10p ordinary	SWAP	Decreasing Long	4,100	4.6909  GBP
10p ordinary	CFD	Decreasing Long	23,074	4.7251  GBP
10p ordinary	CFD	Decreasing Long	33,929	4.7046  GBP
10p ordinary	SWAP	Decreasing Long	51,213	4.7197  GBP
10p ordinary	SWAP	Decreasing Short	6,697	4.7087  GBP
10p ordinary	SWAP	Decreasing Short	7,400	4.7039  GBP
10p ordinary	SWAP	Decreasing Short	7,600	4.7099  GBP
10p ordinary	SWAP	Decreasing Short	13,290	4.7106  GBP
10p ordinary	CFD	Increasing Long	409	4.7215  GBP
10p ordinary	SWAP	Increasing Long	9,239	4.7685  GBP
10p ordinary	CFD	Increasing Long	9,431	4.7269  GBP
10p ordinary	CFD	Increasing Long	15,455	4.7171  GBP
10p ordinary	CFD	Increasing Long	17,092	4.7040  GBP
10p ordinary	CFD	Increasing Long	18,578	4.7234  GBP
10p ordinary	SWAP	Increasing Long	249,370	4.7680  GBP
10p ordinary	SWAP	Increasing Short	444	4.7187  GBP
10p ordinary	SWAP	Increasing Short	1,252	4.7026  GBP
10p ordinary	SWAP	Increasing Short	1,263	4.7142  GBP
10p ordinary	SWAP	Increasing Short	1,308	4.7118  GBP
10p ordinary	SWAP	Increasing Short	1,708	4.7119  GBP
10p ordinary	SWAP	Increasing Short	1,760	4.7235  GBP
10p ordinary	SWAP	Increasing Short	2,065	4.6977  GBP
10p ordinary	SWAP	Increasing Short	2,830	4.6916  GBP
10p ordinary	SWAP	Increasing Short	4,097	4.7239  GBP
10p ordinary	SWAP	Increasing Short	4,818	4.7139  GBP
10p ordinary	SWAP	Increasing Short	4,819	4.7104  GBP
10p ordinary	SWAP	Increasing Short	6,111	4.7123  GBP
10p ordinary	SWAP	Increasing Short	13,735	4.7125  GBP
10p ordinary	SWAP	Increasing Short	40,736	4.6899  GBP
10p ordinary	SWAP	Increasing Short	115,498	4.7040  GBP
10p ordinary	SWAP	Opening Long	25,498	4.7092  GBP
10p ordinary	SWAP	Opening Short	440	4.7343  GBP
10p ordinary	SWAP	Opening Short	447	4.7410  GBP
10p ordinary	SWAP	Opening Short	451	4.7120  GBP
10p ordinary	SWAP	Opening Short	1,896	4.6924  GBP
10p ordinary	SWAP	Opening Short	1,960	4.7005  GBP
10p ordinary	SWAP	Opening Short	6,386	4.7136  GBP
10p ordinary	SWAP	Opening Short	38,971	4.7291  GBP
10p ordinary	SWAP	Opening Short	47,222	4.7054  GBP
10p ordinary	SWAP	Opening Short	100,360	4.7040  GBP
10p ordinary	SWAP	Opening Short	138,084	4.7730  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:				28 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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