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

Barclays PLC

12 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:			11 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:				8,221,278	0.84%	7,777,990	0.80%
(2) Cash-settled derivatives:				6,878,621	0.71%	6,625,361	0.68%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,099,899	1.55%	14,403,351	1.48%
(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	590093	4.8160  GBP	4.7370  GBP
10p ordinary	Sale	702465	4.8131  GBP	4.7371  GBP
ADR	Purchase	2000	12.2500  USD	12.2500  USD
ADR	Sale	2000	12.2500  USD	12.2500  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	107	4.7555  GBP
10p ordinary	SWAP	Decreasing Long	215	4.8133  GBP
10p ordinary	SWAP	Decreasing Long	217	4.8054  GBP
10p ordinary	SWAP	Decreasing Long	217	4.8084  GBP
10p ordinary	SWAP	Decreasing Long	665	4.8094  GBP
10p ordinary	SWAP	Decreasing Long	1,132	4.8070  GBP
10p ordinary	SWAP	Decreasing Long	1,174	4.7970  GBP
10p ordinary	CFD	Decreasing Long	1,489	4.7833  GBP
10p ordinary	SWAP	Decreasing Long	1,583	4.7956  GBP
10p ordinary	SWAP	Decreasing Long	2,887	4.8048  GBP
10p ordinary	SWAP	Decreasing Long	3,618	4.8051  GBP
10p ordinary	SWAP	Decreasing Long	3,757	4.8075  GBP
10p ordinary	SWAP	Decreasing Long	4,701	4.7830  GBP
10p ordinary	SWAP	Decreasing Long	5,686	4.7981  GBP
10p ordinary	SWAP	Decreasing Long	6,768	4.7986  GBP
10p ordinary	SWAP	Decreasing Long	7,452	4.7863  GBP
10p ordinary	SWAP	Decreasing Long	8,314	4.8035  GBP
10p ordinary	CFD	Decreasing Long	14,091	4.8048  GBP
10p ordinary	CFD	Decreasing Long	21,847	4.7799  GBP
10p ordinary	SWAP	Decreasing Long	33,100	4.7867  GBP
10p ordinary	SWAP	Decreasing Short	149	4.7848  GBP
10p ordinary	SWAP	Decreasing Short	282	4.7750  GBP
10p ordinary	SWAP	Decreasing Short	471	4.7440  GBP
10p ordinary	SWAP	Decreasing Short	512	4.7943  GBP
10p ordinary	SWAP	Decreasing Short	906	4.8040  GBP
10p ordinary	SWAP	Decreasing Short	1,200	4.8028  GBP
10p ordinary	SWAP	Decreasing Short	1,697	4.7878  GBP
10p ordinary	SWAP	Decreasing Short	22,680	4.7942  GBP
10p ordinary	SWAP	Decreasing Short	29,554	4.7834  GBP
10p ordinary	SWAP	Decreasing Short	44,219	4.7864  GBP
10p ordinary	SWAP	Decreasing Short	53,150	4.8007  GBP
10p ordinary	SWAP	Decreasing Short	58,383	4.7839  GBP
10p ordinary	SWAP	Decreasing Short	88,887	4.7867  GBP
10p ordinary	SWAP	Decreasing Short	147,538	4.7996  GBP
10p ordinary	SWAP	Increasing Long	62	4.7922  GBP
10p ordinary	SWAP	Increasing Long	479	4.8006  GBP
10p ordinary	CFD	Increasing Long	924	4.7829  GBP
10p ordinary	SWAP	Increasing Long	1,174	4.7970  GBP
10p ordinary	CFD	Increasing Long	1,209	4.7544  GBP
10p ordinary	CFD	Increasing Long	1,302	4.7870  GBP
10p ordinary	SWAP	Increasing Long	1,463	4.8078  GBP
10p ordinary	SWAP	Increasing Long	1,507	4.8043  GBP
10p ordinary	SWAP	Increasing Long	1,704	4.7994  GBP
10p ordinary	CFD	Increasing Long	2,012	4.7830  GBP
10p ordinary	SWAP	Increasing Long	2,037	4.7829  GBP
10p ordinary	CFD	Increasing Long	3,489	4.7779  GBP
10p ordinary	SWAP	Increasing Long	3,757	4.8075  GBP
10p ordinary	CFD	Increasing Long	6,716	4.8130  GBP
10p ordinary	CFD	Increasing Long	7,887	4.7948  GBP
10p ordinary	CFD	Increasing Long	8,067	4.7856  GBP
10p ordinary	SWAP	Increasing Short	364	4.7780  GBP
10p ordinary	SWAP	Increasing Short	689	4.7925  GBP
10p ordinary	SWAP	Increasing Short	1,492	4.7954  GBP
10p ordinary	SWAP	Increasing Short	1,899	4.7988  GBP
10p ordinary	SWAP	Increasing Short	3,296	4.8011  GBP
10p ordinary	SWAP	Increasing Short	5,089	4.7975  GBP
10p ordinary	SWAP	Increasing Short	5,359	4.8057  GBP
10p ordinary	SWAP	Increasing Short	11,665	4.7965  GBP
10p ordinary	SWAP	Increasing Short	28,261	4.8022  GBP
10p ordinary	SWAP	Increasing Short	28,860	4.7834  GBP
10p ordinary	SWAP	Increasing Short	28,860	4.7853  GBP
10p ordinary	SWAP	Increasing Short	65,498	4.8013  GBP
10p ordinary	SWAP	Increasing Short	103,778	4.7830  GBP
10p ordinary	SWAP	Opening Short	1	4.7700  GBP
10p ordinary	SWAP	Opening Short	6,697	4.7922  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:				12 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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