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

Barclays PLC

05 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:			04 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:				7,335,225	0.75%	5,075,375	0.52%
(2) Cash-settled derivatives:				4,275,663	0.44%	5,881,735	0.60%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				11,610,888	1.19%	10,957,110	1.12%
(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	719743	4.7900  GBP	4.7270  GBP
10p ordinary	Sale	1459662	4.7852  GBP	4.7270  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	45,616	4.7850  GBP
10p ordinary	CFD	Decreasing Long	672	4.7793  GBP
10p ordinary	CFD	Decreasing Long	1,787	4.7850  GBP
10p ordinary	SWAP	Decreasing Long	2,000	4.7473  GBP
10p ordinary	CFD	Decreasing Long	7,640	4.7618  GBP
10p ordinary	SWAP	Decreasing Short	388	4.7749  GBP
10p ordinary	SWAP	Decreasing Short	759	4.7523  GBP
10p ordinary	SWAP	Decreasing Short	763	4.7558  GBP
10p ordinary	SWAP	Decreasing Short	1,739	4.7504  GBP
10p ordinary	SWAP	Decreasing Short	1,879	4.7599  GBP
10p ordinary	SWAP	Decreasing Short	3,377	4.7406  GBP
10p ordinary	SWAP	Decreasing Short	3,529	4.7705  GBP
10p ordinary	SWAP	Decreasing Short	8,266	4.7663  GBP
10p ordinary	SWAP	Decreasing Short	16,240	4.7646  GBP
10p ordinary	SWAP	Decreasing Short	29,295	4.7495  GBP
10p ordinary	SWAP	Decreasing Short	33,779	4.7849  GBP
10p ordinary	SWAP	Decreasing Short	65,045	4.7850  GBP
10p ordinary	SWAP	Decreasing Short	110,855	4.7846  GBP
10p ordinary	CFD	Increasing Long	7	4.7857  GBP
10p ordinary	SWAP	Increasing Long	41	4.7784  GBP
10p ordinary	CFD	Increasing Long	58	4.7660  GBP
10p ordinary	SWAP	Increasing Long	165	4.7731  GBP
10p ordinary	SWAP	Increasing Long	402	4.7539  GBP
10p ordinary	SWAP	Increasing Long	566	4.7540  GBP
10p ordinary	CFD	Increasing Long	672	4.7846  GBP
10p ordinary	SWAP	Increasing Long	1,284	4.7627  GBP
10p ordinary	SWAP	Increasing Long	2,145	4.7580  GBP
10p ordinary	CFD	Increasing Long	2,923	4.7627  GBP
10p ordinary	CFD	Increasing Long	3,423	4.7738  GBP
10p ordinary	CFD	Increasing Long	4,663	4.7591  GBP
10p ordinary	SWAP	Increasing Long	11,449	4.7849  GBP
10p ordinary	SWAP	Increasing Long	11,484	4.7748  GBP
10p ordinary	CFD	Increasing Long	22,369	4.7850  GBP
10p ordinary	SWAP	Increasing Long	758,009	4.7815  GBP
10p ordinary	SWAP	Increasing Short	77	4.7529  GBP
10p ordinary	SWAP	Increasing Short	248	4.7790  GBP
10p ordinary	SWAP	Increasing Short	288	4.7675  GBP
10p ordinary	SWAP	Increasing Short	310	4.7640  GBP
10p ordinary	SWAP	Increasing Short	411	4.7552  GBP
10p ordinary	SWAP	Increasing Short	428	4.7601  GBP
10p ordinary	SWAP	Increasing Short	598	4.7614  GBP
10p ordinary	SWAP	Increasing Short	745	4.7522  GBP
10p ordinary	SWAP	Increasing Short	913	4.7527  GBP
10p ordinary	SWAP	Increasing Short	1,182	4.7627  GBP
10p ordinary	SWAP	Increasing Short	1,941	4.7519  GBP
10p ordinary	SWAP	Increasing Short	3,120	4.7577  GBP
10p ordinary	SWAP	Increasing Short	3,460	4.7599  GBP
10p ordinary	SWAP	Increasing Short	3,850	4.7597  GBP
10p ordinary	SWAP	Increasing Short	5,465	4.7563  GBP
10p ordinary	SWAP	Increasing Short	23,881	4.7470  GBP
10p ordinary	SWAP	Increasing Short	27,044	4.7533  GBP
10p ordinary	SWAP	Increasing Short	55,423	4.7399  GBP
10p ordinary	SWAP	Increasing Short	109,875	4.7513  GBP
10p ordinary	SWAP	Opening Short	461	4.7699  GBP
10p ordinary	SWAP	Opening Short	18,745	4.7571  GBP
10p ordinary	SWAP	Opening Short	42,008	4.7579  GBP
10p ordinary	SWAP	Opening Short	91,041	4.7900  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:				05 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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