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

Barclays PLC

13 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:			12 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:				8,572,556	0.88%	7,686,484	0.79%
(2) Cash-settled derivatives:				6,798,128	0.70%	6,952,367	0.71%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,370,684	1.58%	14,638,851	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	1384310	4.7730  GBP	4.7250  GBP
10p ordinary	Sale	941212	4.8150  GBP	4.7160  GBP
(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	23,455	4.7442  GBP
10p ordinary	SWAP	Closing Short	30,151	4.7440  GBP
10p ordinary	SWAP	Decreasing Long	7	4.7610  GBP
10p ordinary	SWAP	Decreasing Long	10	4.7634  GBP
10p ordinary	SWAP	Decreasing Long	25	4.7462  GBP
10p ordinary	SWAP	Decreasing Long	82	4.7635  GBP
10p ordinary	SWAP	Decreasing Long	101	4.7463  GBP
10p ordinary	SWAP	Decreasing Long	152	4.7487  GBP
10p ordinary	SWAP	Decreasing Long	201	4.7478  GBP
10p ordinary	SWAP	Decreasing Long	249	4.7466  GBP
10p ordinary	SWAP	Decreasing Long	284	4.7457  GBP
10p ordinary	SWAP	Decreasing Long	294	4.7598  GBP
10p ordinary	SWAP	Decreasing Long	294	4.7551  GBP
10p ordinary	SWAP	Decreasing Long	302	4.7539  GBP
10p ordinary	SWAP	Decreasing Long	330	4.7468  GBP
10p ordinary	SWAP	Decreasing Long	541	4.7644  GBP
10p ordinary	SWAP	Decreasing Long	620	4.7595  GBP
10p ordinary	SWAP	Decreasing Long	996	4.7563  GBP
10p ordinary	SWAP	Decreasing Long	1,027	4.7461  GBP
10p ordinary	SWAP	Decreasing Long	1,182	4.7624  GBP
10p ordinary	SWAP	Decreasing Long	1,249	4.7360  GBP
10p ordinary	SWAP	Decreasing Long	1,249	4.7470  GBP
10p ordinary	SWAP	Decreasing Long	1,249	4.7270  GBP
10p ordinary	SWAP	Decreasing Long	1,249	4.7620  GBP
10p ordinary	SWAP	Decreasing Long	1,249	4.7570  GBP
10p ordinary	SWAP	Decreasing Long	1,250	4.7160  GBP
10p ordinary	SWAP	Decreasing Long	1,250	4.7660  GBP
10p ordinary	SWAP	Decreasing Long	1,273	4.7305  GBP
10p ordinary	SWAP	Decreasing Long	1,273	4.7285  GBP
10p ordinary	SWAP	Decreasing Long	1,273	4.7520  GBP
10p ordinary	SWAP	Decreasing Long	1,273	4.7565  GBP
10p ordinary	SWAP	Decreasing Long	1,297	4.7552  GBP
10p ordinary	SWAP	Decreasing Long	1,495	4.7592  GBP
10p ordinary	SWAP	Decreasing Long	1,702	4.7517  GBP
10p ordinary	SWAP	Decreasing Long	2,082	4.7550  GBP
10p ordinary	SWAP	Decreasing Long	2,171	4.7485  GBP
10p ordinary	SWAP	Decreasing Long	2,214	4.7607  GBP
10p ordinary	SWAP	Decreasing Long	2,546	4.7530  GBP
10p ordinary	SWAP	Decreasing Long	2,634	4.7596  GBP
10p ordinary	SWAP	Decreasing Long	2,670	4.7583  GBP
10p ordinary	SWAP	Decreasing Long	2,908	4.7506  GBP
10p ordinary	SWAP	Decreasing Long	2,928	4.7409  GBP
10p ordinary	CFD	Decreasing Long	3,181	4.7479  GBP
10p ordinary	SWAP	Decreasing Long	3,806	4.7440  GBP
10p ordinary	SWAP	Decreasing Long	3,893	4.7591  GBP
10p ordinary	SWAP	Decreasing Long	4,213	4.7561  GBP
10p ordinary	SWAP	Decreasing Long	5,766	4.7529  GBP
10p ordinary	SWAP	Decreasing Long	11,626	4.7491  GBP
10p ordinary	CFD	Decreasing Long	16,622	4.7440  GBP
10p ordinary	CFD	Decreasing Long	18,657	4.7500  GBP
10p ordinary	SWAP	Decreasing Long	18,826	4.7500  GBP
10p ordinary	CFD	Decreasing Long	25,295	4.7443  GBP
10p ordinary	SWAP	Decreasing Long	41,352	4.7440  GBP
10p ordinary	SWAP	Decreasing Short	403	4.7160  GBP
10p ordinary	SWAP	Decreasing Short	1,469	4.7233  GBP
10p ordinary	SWAP	Decreasing Short	1,877	4.7405  GBP
10p ordinary	SWAP	Decreasing Short	1,962	4.7506  GBP
10p ordinary	SWAP	Decreasing Short	2,638	4.7581  GBP
10p ordinary	SWAP	Decreasing Short	10,220	4.7549  GBP
10p ordinary	SWAP	Decreasing Short	50,539	4.7451  GBP
10p ordinary	SWAP	Increasing Long	48	4.7729  GBP
10p ordinary	SWAP	Increasing Long	576	4.7339  GBP
10p ordinary	SWAP	Increasing Long	739	4.7529  GBP
10p ordinary	SWAP	Increasing Long	1,249	4.7570  GBP
10p ordinary	SWAP	Increasing Long	1,249	4.7270  GBP
10p ordinary	SWAP	Increasing Long	1,249	4.7470  GBP
10p ordinary	SWAP	Increasing Long	1,249	4.7360  GBP
10p ordinary	SWAP	Increasing Long	1,249	4.7620  GBP
10p ordinary	SWAP	Increasing Long	1,250	4.7485  GBP
10p ordinary	SWAP	Increasing Long	1,250	4.7660  GBP
10p ordinary	SWAP	Increasing Long	1,250	4.7440  GBP
10p ordinary	SWAP	Increasing Long	1,250	4.7160  GBP
10p ordinary	SWAP	Increasing Long	1,273	4.7565  GBP
10p ordinary	SWAP	Increasing Long	1,273	4.7285  GBP
10p ordinary	SWAP	Increasing Long	1,273	4.7305  GBP
10p ordinary	SWAP	Increasing Long	1,273	4.7520  GBP
10p ordinary	SWAP	Increasing Long	2,082	4.7550  GBP
10p ordinary	CFD	Increasing Long	2,163	4.8150  GBP
10p ordinary	SWAP	Increasing Long	2,546	4.7530  GBP
10p ordinary	SWAP	Increasing Long	4,384	4.7418  GBP
10p ordinary	SWAP	Increasing Long	4,811	4.7464  GBP
10p ordinary	CFD	Increasing Long	8,326	4.7545  GBP
10p ordinary	SWAP	Increasing Long	9,760	4.7673  GBP
10p ordinary	CFD	Increasing Long	22,154	4.7440  GBP
10p ordinary	SWAP	Increasing Long	43,999	4.7439  GBP
10p ordinary	SWAP	Increasing Short	166	4.7465  GBP
10p ordinary	SWAP	Increasing Short	820	4.7550  GBP
10p ordinary	SWAP	Increasing Short	1,104	4.7509  GBP
10p ordinary	SWAP	Increasing Short	1,401	4.7510  GBP
10p ordinary	SWAP	Increasing Short	2,804	4.7502  GBP
10p ordinary	SWAP	Increasing Short	3,424	4.7524  GBP
10p ordinary	SWAP	Increasing Short	9,222	4.7528  GBP
10p ordinary	SWAP	Increasing Short	15,917	4.7481  GBP
10p ordinary	SWAP	Increasing Short	31,078	4.7480  GBP
10p ordinary	SWAP	Increasing Short	33,401	4.7474  GBP
10p ordinary	SWAP	Increasing Short	52,630	4.7537  GBP
10p ordinary	SWAP	Increasing Short	250,843	4.7440  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:				13 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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