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

Barclays PLC

11 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:			08 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:				8,405,636	0.86%	7,849,675	0.81%
(2) Cash-settled derivatives:				6,953,852	0.71%	6,783,183	0.70%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,359,488	1.58%	14,632,858	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	867029	4.7773  GBP	4.6885  GBP
10p ordinary	Sale	1132275	4.7772  GBP	4.6860  GBP
ADR	Purchase	5592	12.1024  USD	12.1024  USD
ADR	Sale	5592	12.1024  USD	12.1024  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	Decreasing Long	32	4.7294  GBP
10p ordinary	SWAP	Decreasing Long	40	4.7220  GBP
10p ordinary	SWAP	Decreasing Long	98	4.7189  GBP
10p ordinary	SWAP	Decreasing Long	134	4.7180  GBP
10p ordinary	CFD	Decreasing Long	3,329	4.7284  GBP
10p ordinary	CFD	Decreasing Long	7,078	4.7769  GBP
10p ordinary	CFD	Decreasing Long	13,074	4.7036  GBP
10p ordinary	CFD	Decreasing Long	15,047	4.7770  GBP
10p ordinary	SWAP	Decreasing Long	36,200	4.7533  GBP
10p ordinary	SWAP	Decreasing Short	36	4.7475  GBP
10p ordinary	SWAP	Decreasing Short	377	4.7000  GBP
10p ordinary	SWAP	Decreasing Short	584	4.7115  GBP
10p ordinary	SWAP	Decreasing Short	1,355	4.7091  GBP
10p ordinary	SWAP	Decreasing Short	1,935	4.7244  GBP
10p ordinary	SWAP	Decreasing Short	23,098	4.7407  GBP
10p ordinary	SWAP	Decreasing Short	91,729	4.7760  GBP
10p ordinary	SWAP	Decreasing Short	123,060	4.7769  GBP
10p ordinary	SWAP	Decreasing Short	141,500	4.7770  GBP
10p ordinary	CFD	Increasing Long	120	4.7615  GBP
10p ordinary	SWAP	Increasing Long	154	4.7095  GBP
10p ordinary	SWAP	Increasing Long	281	4.7100  GBP
10p ordinary	SWAP	Increasing Long	407	4.7529  GBP
10p ordinary	CFD	Increasing Long	519	4.7769  GBP
10p ordinary	SWAP	Increasing Long	755	4.7626  GBP
10p ordinary	SWAP	Increasing Long	988	4.7155  GBP
10p ordinary	SWAP	Increasing Long	989	4.7026  GBP
10p ordinary	SWAP	Increasing Long	1,217	4.6998  GBP
10p ordinary	SWAP	Increasing Long	1,233	4.6995  GBP
10p ordinary	SWAP	Increasing Long	1,287	4.7139  GBP
10p ordinary	CFD	Increasing Long	2,299	4.7455  GBP
10p ordinary	SWAP	Increasing Long	2,696	4.7237  GBP
10p ordinary	CFD	Increasing Long	2,832	4.7519  GBP
10p ordinary	CFD	Increasing Long	3,293	4.7132  GBP
10p ordinary	SWAP	Increasing Long	4,248	4.7197  GBP
10p ordinary	SWAP	Increasing Long	4,395	4.7459  GBP
10p ordinary	CFD	Increasing Long	6,338	4.7626  GBP
10p ordinary	CFD	Increasing Long	6,455	4.7382  GBP
10p ordinary	SWAP	Increasing Long	10,303	4.7448  GBP
10p ordinary	SWAP	Increasing Long	10,779	4.7233  GBP
10p ordinary	CFD	Increasing Long	12,470	4.6998  GBP
10p ordinary	SWAP	Increasing Long	17,894	4.7244  GBP
10p ordinary	CFD	Increasing Long	36,986	4.7766  GBP
10p ordinary	SWAP	Increasing Long	50,678	4.7769  GBP
10p ordinary	SWAP	Increasing Short	163	4.6930  GBP
10p ordinary	SWAP	Increasing Short	288	4.6830  GBP
10p ordinary	SWAP	Increasing Short	441	4.6960  GBP
10p ordinary	SWAP	Increasing Short	938	4.7297  GBP
10p ordinary	SWAP	Increasing Short	1,603	4.7203  GBP
10p ordinary	SWAP	Increasing Short	1,964	4.7289  GBP
10p ordinary	SWAP	Increasing Short	19,881	4.7256  GBP
10p ordinary	SWAP	Increasing Short	40,015	4.7415  GBP
10p ordinary	SWAP	Increasing Short	43,056	4.7770  GBP
10p ordinary	SWAP	Increasing Short	46,573	4.7202  GBP
10p ordinary	SWAP	Opening Long	30,522	4.7404  GBP
10p ordinary	SWAP	Opening Long	60,480	4.7766  GBP
10p ordinary	SWAP	Opening Short	3,394	4.7496  GBP
10p ordinary	SWAP	Opening Short	11,199	4.7773  GBP
10p ordinary	SWAP	Opening Short	28,886	4.7678  GBP
10p ordinary	SWAP	Opening Short	40,019	4.7596  GBP
10p ordinary	SWAP	Opening Short	41,859	4.7516  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:				11 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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