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

Barclays PLC

29 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:			28 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:				6,469,801	0.66%	4,989,188	0.51%
(2) Cash-settled derivatives:				4,192,958	0.43%	4,871,236	0.50%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				10,662,759	1.09%	9,860,424	1.01%
(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	1014338	4.7055  GBP	4.6235  GBP
10p ordinary	Sale	1373801	4.6890  GBP	4.6170  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	96,397	4.6399  GBP
10p ordinary	CFD	Decreasing Long	491	4.6403  GBP
10p ordinary	SWAP	Decreasing Long	5,300	4.6312  GBP
10p ordinary	CFD	Decreasing Long	5,697	4.6569  GBP
10p ordinary	CFD	Decreasing Long	9,964	4.6582  GBP
10p ordinary	CFD	Decreasing Long	17,027	4.6400  GBP
10p ordinary	CFD	Decreasing Long	23,521	4.6415  GBP
10p ordinary	SWAP	Decreasing Short	76	4.6689  GBP
10p ordinary	SWAP	Decreasing Short	646	4.6649  GBP
10p ordinary	SWAP	Decreasing Short	713	4.6496  GBP
10p ordinary	SWAP	Decreasing Short	952	4.6700  GBP
10p ordinary	SWAP	Decreasing Short	1,613	4.6274  GBP
10p ordinary	SWAP	Decreasing Short	2,725	4.6469  GBP
10p ordinary	SWAP	Decreasing Short	5,338	4.6400  GBP
10p ordinary	SWAP	Decreasing Short	6,367	4.6717  GBP
10p ordinary	SWAP	Decreasing Short	7,436	4.6679  GBP
10p ordinary	SWAP	Decreasing Short	106,330	4.6402  GBP
10p ordinary	CFD	Increasing Long	491	4.7056  GBP
10p ordinary	CFD	Increasing Long	1,548	4.6578  GBP
10p ordinary	CFD	Increasing Long	9,662	4.6279  GBP
10p ordinary	CFD	Increasing Long	11,319	4.6400  GBP
10p ordinary	CFD	Increasing Long	19,167	4.6371  GBP
10p ordinary	CFD	Increasing Long	19,821	4.6666  GBP
10p ordinary	CFD	Increasing Long	29,349	4.6396  GBP
10p ordinary	SWAP	Increasing Long	758,800	4.6740  GBP
10p ordinary	SWAP	Increasing Short	373	4.6617  GBP
10p ordinary	SWAP	Increasing Short	925	4.6360  GBP
10p ordinary	SWAP	Increasing Short	1,002	4.6642  GBP
10p ordinary	SWAP	Increasing Short	1,029	4.6308  GBP
10p ordinary	SWAP	Increasing Short	1,391	4.6230  GBP
10p ordinary	SWAP	Increasing Short	1,954	4.6478  GBP
10p ordinary	SWAP	Increasing Short	2,793	4.6322  GBP
10p ordinary	SWAP	Increasing Short	4,540	4.6474  GBP
10p ordinary	SWAP	Increasing Short	5,886	4.6377  GBP
10p ordinary	SWAP	Increasing Short	6,275	4.6211  GBP
10p ordinary	SWAP	Increasing Short	6,679	4.6278  GBP
10p ordinary	SWAP	Increasing Short	8,230	4.6286  GBP
10p ordinary	SWAP	Increasing Short	8,759	4.6405  GBP
10p ordinary	SWAP	Increasing Short	8,899	4.6293  GBP
10p ordinary	SWAP	Increasing Short	15,923	4.6350  GBP
10p ordinary	SWAP	Increasing Short	23,164	4.6491  GBP
10p ordinary	SWAP	Increasing Short	27,006	4.6235  GBP
10p ordinary	SWAP	Increasing Short	33,040	4.6401  GBP
10p ordinary	SWAP	Increasing Short	42,549	4.6279  GBP
10p ordinary	SWAP	Increasing Short	77,805	4.6276  GBP
10p ordinary	SWAP	Increasing Short	100,000	4.6311  GBP
10p ordinary	SWAP	Increasing Short	203,543	4.6287  GBP
10p ordinary	SWAP	Opening Long	17,500	4.6339  GBP
10p ordinary	SWAP	Opening Long	27,715	4.6412  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:				29 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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