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

Barclays PLC

07 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:			06 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:				8,290,860	0.85%	6,554,586	0.67%
(2) Cash-settled derivatives:				5,664,856	0.58%	6,702,874	0.69%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				13,955,716	1.43%	13,257,460	1.36%
(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	1340305	4.8100  GBP	4.7210  GBP
10p ordinary	Sale	1535182	4.8100  GBP	4.7140  GBP
ADR	Purchase	8400	12.0509  USD	12.0509  USD
ADR	Sale	8400	12.0509  USD	12.0509  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 Short	176	4.7565  GBP
10p ordinary	SWAP	Decreasing Long	287	4.7330  GBP
10p ordinary	CFD	Decreasing Long	13,604	4.7253  GBP
10p ordinary	CFD	Decreasing Long	18,056	4.7576  GBP
10p ordinary	CFD	Decreasing Long	23,893	4.7250  GBP
10p ordinary	SWAP	Decreasing Long	83,500	4.7493  GBP
10p ordinary	SWAP	Decreasing Short	12	4.7479  GBP
10p ordinary	SWAP	Decreasing Short	205	4.7285  GBP
10p ordinary	SWAP	Decreasing Short	376	4.7810  GBP
10p ordinary	SWAP	Decreasing Short	464	4.7251  GBP
10p ordinary	SWAP	Decreasing Short	500	4.8002  GBP
10p ordinary	SWAP	Decreasing Short	520	4.7690  GBP
10p ordinary	SWAP	Decreasing Short	1,142	4.7264  GBP
10p ordinary	SWAP	Decreasing Short	1,415	4.7320  GBP
10p ordinary	SWAP	Decreasing Short	2,898	4.7480  GBP
10p ordinary	SWAP	Decreasing Short	3,476	4.7246  GBP
10p ordinary	SWAP	Decreasing Short	6,810	4.7340  GBP
10p ordinary	SWAP	Decreasing Short	7,453	4.7568  GBP
10p ordinary	SWAP	Decreasing Short	10,249	4.7359  GBP
10p ordinary	SWAP	Decreasing Short	22,460	4.7292  GBP
10p ordinary	SWAP	Decreasing Short	36,034	4.7249  GBP
10p ordinary	SWAP	Decreasing Short	47,284	4.7249  GBP
10p ordinary	CFD	Increasing Long	1,816	4.7718  GBP
10p ordinary	CFD	Increasing Long	6,584	4.7529  GBP
10p ordinary	CFD	Increasing Long	16,491	4.7320  GBP
10p ordinary	CFD	Increasing Long	38,165	4.7250  GBP
10p ordinary	SWAP	Increasing Long	608,845	4.7245  GBP
10p ordinary	SWAP	Increasing Short	18	4.7760  GBP
10p ordinary	SWAP	Increasing Short	27	4.8038  GBP
10p ordinary	SWAP	Increasing Short	263	4.7570  GBP
10p ordinary	SWAP	Increasing Short	490	4.7490  GBP
10p ordinary	SWAP	Increasing Short	1,864	4.7526  GBP
10p ordinary	SWAP	Increasing Short	1,983	4.7340  GBP
10p ordinary	SWAP	Increasing Short	4,433	4.7529  GBP
10p ordinary	SWAP	Increasing Short	12,275	4.7295  GBP
10p ordinary	SWAP	Increasing Short	12,462	4.7596  GBP
10p ordinary	SWAP	Increasing Short	27,219	4.7533  GBP
10p ordinary	SWAP	Increasing Short	29,907	4.7579  GBP
10p ordinary	SWAP	Increasing Short	45,260	4.7537  GBP
10p ordinary	SWAP	Increasing Short	112,295	4.7442  GBP
10p ordinary	SWAP	Increasing Short	114,653	4.7250  GBP
10p ordinary	SWAP	Increasing Short	133,160	4.7249  GBP
10p ordinary	SWAP	Opening Long	30,123	4.7392  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:				07 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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