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

Barclays PLC

04 March 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:			01 Mar 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:				7,396,164	0.76%	4,396,316	0.45%
(2) Cash-settled derivatives:				3,561,893	0.37%	5,905,542	0.61%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				10,958,057	1.12%	10,301,858	1.06%
(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	1411600	4.7900  GBP	4.6990  GBP
10p ordinary	Sale	2152139	4.7900  GBP	4.6650  GBP
ADR	Purchase	10200	11.9729  USD	11.9729  USD
ADR	Sale	10200	11.9729  USD	11.9729  USD
(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	1,047,550	4.7335  GBP
10p ordinary	SWAP	Closing Short	14,240	4.7337  GBP
10p ordinary	CFD	Decreasing Long	8	4.6987  GBP
10p ordinary	CFD	Decreasing Long	1,720	4.7903  GBP
10p ordinary	SWAP	Decreasing Long	3,134	4.6968  GBP
10p ordinary	CFD	Decreasing Long	4,668	4.7122  GBP
10p ordinary	SWAP	Decreasing Long	5,000	4.7615  GBP
10p ordinary	CFD	Decreasing Long	10,000	4.7784  GBP
10p ordinary	CFD	Decreasing Long	10,000	4.7426  GBP
10p ordinary	CFD	Decreasing Long	20,400	4.7900  GBP
10p ordinary	SWAP	Decreasing Short	75	4.7152  GBP
10p ordinary	SWAP	Decreasing Short	158	4.6970  GBP
10p ordinary	SWAP	Decreasing Short	423	4.7099  GBP
10p ordinary	SWAP	Decreasing Short	669	4.7103  GBP
10p ordinary	SWAP	Decreasing Short	712	4.7070  GBP
10p ordinary	SWAP	Decreasing Short	1,068	4.7411  GBP
10p ordinary	SWAP	Decreasing Short	1,132	4.7112  GBP
10p ordinary	SWAP	Decreasing Short	1,149	4.6840  GBP
10p ordinary	SWAP	Decreasing Short	1,216	4.7659  GBP
10p ordinary	SWAP	Decreasing Short	1,457	4.7136  GBP
10p ordinary	SWAP	Decreasing Short	1,656	4.7402  GBP
10p ordinary	SWAP	Decreasing Short	1,821	4.7111  GBP
10p ordinary	SWAP	Decreasing Short	2,275	4.6951  GBP
10p ordinary	SWAP	Decreasing Short	2,440	4.7430  GBP
10p ordinary	SWAP	Decreasing Short	6,241	4.7640  GBP
10p ordinary	SWAP	Decreasing Short	49,670	4.7900  GBP
10p ordinary	SWAP	Decreasing Short	59,334	4.6776  GBP
10p ordinary	SWAP	Decreasing Short	176,536	4.7669  GBP
10p ordinary	CFD	Increasing Long	701	4.7496  GBP
10p ordinary	CFD	Increasing Long	1,033	4.7601  GBP
10p ordinary	CFD	Increasing Long	1,116	4.7852  GBP
10p ordinary	CFD	Increasing Long	3,337	4.7900  GBP
10p ordinary	CFD	Increasing Long	4,693	4.7182  GBP
10p ordinary	CFD	Increasing Long	10,887	4.7554  GBP
10p ordinary	SWAP	Increasing Long	28,491	4.7898  GBP
10p ordinary	SWAP	Increasing Short	662	4.7200  GBP
10p ordinary	SWAP	Increasing Short	853	4.7268  GBP
10p ordinary	SWAP	Increasing Short	997	4.7680  GBP
10p ordinary	SWAP	Increasing Short	1,169	4.7372  GBP
10p ordinary	SWAP	Increasing Short	1,412	4.7325  GBP
10p ordinary	SWAP	Increasing Short	1,460	4.7506  GBP
10p ordinary	SWAP	Increasing Short	1,638	4.7900  GBP
10p ordinary	SWAP	Increasing Short	2,398	4.7712  GBP
10p ordinary	SWAP	Increasing Short	2,796	4.7516  GBP
10p ordinary	SWAP	Increasing Short	6,490	4.7356  GBP
10p ordinary	SWAP	Increasing Short	14,087	4.7030  GBP
10p ordinary	SWAP	Increasing Short	28,467	4.7827  GBP
10p ordinary	SWAP	Increasing Short	34,336	4.7087  GBP
10p ordinary	SWAP	Opening Long	30,322	4.7363  GBP
10p ordinary	SWAP	Opening Long	49,061	4.7900  GBP
10p ordinary	SWAP	Opening Long	49,186	4.7692  GBP
10p ordinary	SWAP	Opening Long	118,714	4.6776  GBP
10p ordinary	SWAP	Opening Long	1,295,262	4.6650  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:				04 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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