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

Barclays PLC

08 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:			07 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:				8,521,346	0.87%	7,699,833	0.79%
(2) Cash-settled derivatives:				6,815,587	0.70%	6,943,899	0.71%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,336,933	1.57%	14,643,732	1.50%
(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	520119	4.7870  GBP	4.7260  GBP
10p ordinary	Sale	1689433	4.7910  GBP	4.7273  GBP
ADR	Purchase	6654	12.1559  USD	12.1559  USD
ADR	Sale	6654	12.1559  USD	12.1559  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	121	4.7730  GBP
10p ordinary	SWAP	Closing Short	1,493	4.7806  GBP
10p ordinary	SWAP	Closing Short	2,290	4.7822  GBP
10p ordinary	SWAP	Closing Short	3,586	4.7802  GBP
10p ordinary	CFD	Decreasing Long	1,974	4.7703  GBP
10p ordinary	CFD	Decreasing Long	13,659	4.7684  GBP
10p ordinary	CFD	Decreasing Long	16,549	4.7700  GBP
10p ordinary	SWAP	Decreasing Long	106,600	4.7725  GBP
10p ordinary	SWAP	Decreasing Short	409	4.7740  GBP
10p ordinary	SWAP	Decreasing Short	722	4.7270  GBP
10p ordinary	SWAP	Decreasing Short	1,149	4.7256  GBP
10p ordinary	SWAP	Decreasing Short	2,064	4.7483  GBP
10p ordinary	SWAP	Decreasing Short	3,543	4.7470  GBP
10p ordinary	SWAP	Decreasing Short	59,104	4.7675  GBP
10p ordinary	SWAP	Increasing Long	166	4.7637  GBP
10p ordinary	SWAP	Increasing Long	175	4.7628  GBP
10p ordinary	CFD	Increasing Long	309	4.7602  GBP
10p ordinary	SWAP	Increasing Long	936	4.7572  GBP
10p ordinary	SWAP	Increasing Long	2,260	4.7630  GBP
10p ordinary	SWAP	Increasing Long	2,372	4.7729  GBP
10p ordinary	CFD	Increasing Long	2,628	4.7859  GBP
10p ordinary	SWAP	Increasing Long	3,018	4.7559  GBP
10p ordinary	CFD	Increasing Long	3,295	4.7700  GBP
10p ordinary	SWAP	Increasing Long	3,842	4.7555  GBP
10p ordinary	SWAP	Increasing Long	4,886	4.7568  GBP
10p ordinary	CFD	Increasing Long	6,000	4.7634  GBP
10p ordinary	SWAP	Increasing Long	6,956	4.7640  GBP
10p ordinary	CFD	Increasing Long	11,175	4.7583  GBP
10p ordinary	SWAP	Increasing Long	11,909	4.7549  GBP
10p ordinary	SWAP	Increasing Long	19,915	4.7556  GBP
10p ordinary	SWAP	Increasing Long	26,980	4.7633  GBP
10p ordinary	SWAP	Increasing Long	29,245	4.7632  GBP
10p ordinary	SWAP	Increasing Long	54,573	4.7699  GBP
10p ordinary	SWAP	Increasing Long	116,309	4.7624  GBP
10p ordinary	SWAP	Increasing Long	908,500	4.7290  GBP
10p ordinary	SWAP	Increasing Short	354	4.7370  GBP
10p ordinary	SWAP	Increasing Short	1,333	4.7702  GBP
10p ordinary	SWAP	Increasing Short	1,394	4.7521  GBP
10p ordinary	SWAP	Increasing Short	3,276	4.7528  GBP
10p ordinary	SWAP	Increasing Short	9,007	4.7645  GBP
10p ordinary	SWAP	Increasing Short	11,015	4.7475  GBP
10p ordinary	SWAP	Increasing Short	14,428	4.7451  GBP
10p ordinary	SWAP	Increasing Short	14,839	4.7663  GBP
10p ordinary	SWAP	Increasing Short	18,021	4.7666  GBP
10p ordinary	SWAP	Increasing Short	31,311	4.7476  GBP
10p ordinary	SWAP	Increasing Short	70,257	4.7700  GBP
10p ordinary	SWAP	Opening Long	33	4.7565  GBP
10p ordinary	SWAP	Opening Long	345	4.7314  GBP
10p ordinary	SWAP	Opening Long	380	4.7445  GBP
10p ordinary	SWAP	Opening Long	433	4.7359  GBP
10p ordinary	SWAP	Opening Long	1,869	4.7328  GBP
10p ordinary	SWAP	Opening Long	6,027	4.7484  GBP
10p ordinary	SWAP	Opening Long	6,387	4.7513  GBP
10p ordinary	SWAP	Opening Long	23,456	4.7270  GBP
10p ordinary	SWAP	Opening Long	30,426	4.7607  GBP
10p ordinary	SWAP	Opening Long	134,543	4.7699  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:				08 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END