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

Barclays PLC

06 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:			05 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:				7,923,625	0.81%	5,991,786	0.61%
(2) Cash-settled derivatives:				5,102,172	0.52%	6,348,039	0.65%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				13,025,797	1.34%	12,339,825	1.27%
(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	1172772	4.7500  GBP	4.6948  GBP
10p ordinary	Sale	1500430	4.7500  GBP	4.6909  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Long	1,087	4.7433  GBP
10p ordinary	CFD	Decreasing Long	2,334	4.6844  GBP
10p ordinary	CFD	Decreasing Long	3,994	4.7475  GBP
10p ordinary	CFD	Decreasing Long	8,375	4.7277  GBP
10p ordinary	CFD	Decreasing Long	31,980	4.7297  GBP
10p ordinary	CFD	Decreasing Long	50,942	4.7122  GBP
10p ordinary	SWAP	Decreasing Long	88,895	4.7180  GBP
10p ordinary	CFD	Decreasing Long	90,220	4.7104  GBP
10p ordinary	SWAP	Decreasing Long	132,800	4.6972  GBP
10p ordinary	SWAP	Decreasing Short	433	4.7170  GBP
10p ordinary	SWAP	Decreasing Short	644	4.7460  GBP
10p ordinary	SWAP	Decreasing Short	1,262	4.6896  GBP
10p ordinary	SWAP	Decreasing Short	2,942	4.7137  GBP
10p ordinary	SWAP	Decreasing Short	5,515	4.6969  GBP
10p ordinary	SWAP	Decreasing Short	7,319	4.6876  GBP
10p ordinary	SWAP	Decreasing Short	18,239	4.7099  GBP
10p ordinary	SWAP	Decreasing Short	23,618	4.7386  GBP
10p ordinary	SWAP	Decreasing Short	57,931	4.7102  GBP
10p ordinary	SWAP	Increasing Long	1	4.7285  GBP
10p ordinary	SWAP	Increasing Long	387	4.7215  GBP
10p ordinary	CFD	Increasing Long	491	4.7176  GBP
10p ordinary	CFD	Increasing Long	1,087	4.7096  GBP
10p ordinary	SWAP	Increasing Long	1,657	4.7333  GBP
10p ordinary	CFD	Increasing Long	2,178	4.7323  GBP
10p ordinary	SWAP	Increasing Long	2,974	4.7042  GBP
10p ordinary	SWAP	Increasing Long	3,324	4.6980  GBP
10p ordinary	CFD	Increasing Long	5,410	4.7420  GBP
10p ordinary	CFD	Increasing Long	5,744	4.7253  GBP
10p ordinary	SWAP	Increasing Long	7,130	4.7087  GBP
10p ordinary	SWAP	Increasing Long	9,331	4.7209  GBP
10p ordinary	SWAP	Increasing Long	11,869	4.7207  GBP
10p ordinary	SWAP	Increasing Long	12,445	4.7307  GBP
10p ordinary	SWAP	Increasing Long	21,658	4.7099  GBP
10p ordinary	SWAP	Increasing Long	58,114	4.7112  GBP
10p ordinary	SWAP	Increasing Long	66,896	4.7093  GBP
10p ordinary	SWAP	Increasing Long	97,571	4.7180  GBP
10p ordinary	SWAP	Increasing Long	857,964	4.7425  GBP
10p ordinary	SWAP	Increasing Short	8	4.7088  GBP
10p ordinary	SWAP	Increasing Short	11	4.7100  GBP
10p ordinary	SWAP	Increasing Short	223	4.7390  GBP
10p ordinary	SWAP	Increasing Short	300	4.7440  GBP
10p ordinary	SWAP	Increasing Short	315	4.7073  GBP
10p ordinary	SWAP	Increasing Short	482	4.7017  GBP
10p ordinary	SWAP	Increasing Short	779	4.7138  GBP
10p ordinary	SWAP	Increasing Short	914	4.7106  GBP
10p ordinary	SWAP	Increasing Short	1,040	4.7459  GBP
10p ordinary	SWAP	Increasing Short	1,899	4.7125  GBP
10p ordinary	SWAP	Increasing Short	2,302	4.7171  GBP
10p ordinary	SWAP	Increasing Short	2,567	4.7035  GBP
10p ordinary	SWAP	Increasing Short	2,636	4.7277  GBP
10p ordinary	SWAP	Increasing Short	3,305	4.7190  GBP
10p ordinary	SWAP	Increasing Short	5,498	4.7168  GBP
10p ordinary	SWAP	Increasing Short	8,041	4.7149  GBP
10p ordinary	SWAP	Increasing Short	24,003	4.7203  GBP
10p ordinary	SWAP	Increasing Short	100,000	4.7145  GBP
10p ordinary	SWAP	Increasing Short	106,295	4.7078  GBP
10p ordinary	SWAP	Increasing Short	323,589	4.7100  GBP
10p ordinary	SWAP	Opening Long	296	4.7041  GBP
10p ordinary	SWAP	Opening Long	317	4.7215  GBP
10p ordinary	SWAP	Opening Long	581	4.7333  GBP
10p ordinary	SWAP	Opening Long	589	4.7043  GBP
10p ordinary	SWAP	Opening Long	1,050	4.7307  GBP
10p ordinary	SWAP	Opening Long	2,091	4.7209  GBP
10p ordinary	SWAP	Opening Long	2,503	4.7087  GBP
10p ordinary	SWAP	Opening Long	17,733	4.7099  GBP
10p ordinary	SWAP	Opening Long	19,869	4.7180  GBP
10p ordinary	SWAP	Opening Long	25,876	4.7112  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:				06 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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