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

Barclays PLC

14 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:			13 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:				8,320,349	0.85%	7,721,261	0.79%
(2) Cash-settled derivatives:				6,802,765	0.70%	6,686,195	0.69%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,123,114	1.55%	14,407,456	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	1331250	4.7600  GBP	4.7292  GBP
ADR	Purchase	40000	12.0800  USD	12.0514  USD
ADR	Sale	40000	12.0800  USD	12.0514  USD
10p ordinary	Sale	1657612	4.7610  GBP	4.7240  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	Decreasing Long	97	4.7292  GBP
10p ordinary	SWAP	Decreasing Long	526	4.7448  GBP
10p ordinary	SWAP	Decreasing Long	601	4.7474  GBP
10p ordinary	SWAP	Decreasing Long	846	4.7419  GBP
10p ordinary	SWAP	Decreasing Long	1,150	4.7620  GBP
10p ordinary	SWAP	Decreasing Long	1,150	4.7310  GBP
10p ordinary	SWAP	Decreasing Long	1,150	4.7420  GBP
10p ordinary	SWAP	Decreasing Long	1,150	4.7385  GBP
10p ordinary	SWAP	Decreasing Long	1,150	4.7390  GBP
10p ordinary	SWAP	Decreasing Long	1,222	4.7635  GBP
10p ordinary	SWAP	Decreasing Long	1,222	4.7498  GBP
10p ordinary	SWAP	Decreasing Long	1,274	4.7430  GBP
10p ordinary	SWAP	Decreasing Long	1,274	4.7335  GBP
10p ordinary	SWAP	Decreasing Long	1,274	4.7355  GBP
10p ordinary	SWAP	Decreasing Long	1,275	4.7380  GBP
10p ordinary	SWAP	Decreasing Long	1,636	4.7510  GBP
10p ordinary	SWAP	Decreasing Long	1,700	4.7350  GBP
10p ordinary	SWAP	Decreasing Long	2,389	4.7550  GBP
10p ordinary	SWAP	Decreasing Long	2,417	4.7468  GBP
10p ordinary	SWAP	Decreasing Long	2,582	4.7489  GBP
10p ordinary	SWAP	Decreasing Long	2,713	4.7320  GBP
10p ordinary	SWAP	Decreasing Long	2,888	4.7424  GBP
10p ordinary	SWAP	Decreasing Long	3,414	4.7445  GBP
10p ordinary	SWAP	Decreasing Long	4,816	4.7399  GBP
10p ordinary	SWAP	Decreasing Long	5,574	4.7406  GBP
10p ordinary	CFD	Decreasing Long	6,117	4.7370  GBP
10p ordinary	CFD	Decreasing Long	9,341	4.7373  GBP
10p ordinary	SWAP	Decreasing Long	18,104	4.7370  GBP
10p ordinary	SWAP	Decreasing Long	18,255	4.7411  GBP
10p ordinary	CFD	Decreasing Long	22,954	4.7411  GBP
10p ordinary	CFD	Decreasing Long	40,000	4.7342  GBP
10p ordinary	SWAP	Decreasing Short	530	4.7441  GBP
10p ordinary	SWAP	Decreasing Short	600	4.7350  GBP
10p ordinary	SWAP	Decreasing Short	1,153	4.7440  GBP
10p ordinary	SWAP	Decreasing Short	1,684	4.7398  GBP
10p ordinary	SWAP	Decreasing Short	1,899	4.7370  GBP
10p ordinary	SWAP	Decreasing Short	8,508	4.7377  GBP
10p ordinary	SWAP	Decreasing Short	8,749	4.7370  GBP
10p ordinary	SWAP	Decreasing Short	33,842	4.7396  GBP
10p ordinary	SWAP	Decreasing Short	106,458	4.7371  GBP
10p ordinary	SWAP	Decreasing Short	155,688	4.7432  GBP
10p ordinary	CFD	Increasing Long	141	4.7370  GBP
10p ordinary	SWAP	Increasing Long	1,150	4.7385  GBP
10p ordinary	SWAP	Increasing Long	1,150	4.7420  GBP
10p ordinary	SWAP	Increasing Long	1,150	4.7390  GBP
10p ordinary	SWAP	Increasing Long	1,150	4.7310  GBP
10p ordinary	SWAP	Increasing Long	1,150	4.7620  GBP
10p ordinary	SWAP	Increasing Long	1,222	4.7635  GBP
10p ordinary	SWAP	Increasing Long	1,274	4.7355  GBP
10p ordinary	SWAP	Increasing Long	1,274	4.7430  GBP
10p ordinary	SWAP	Increasing Long	1,274	4.7335  GBP
10p ordinary	SWAP	Increasing Long	1,275	4.7445  GBP
10p ordinary	SWAP	Increasing Long	1,275	4.7380  GBP
10p ordinary	CFD	Increasing Long	1,482	4.7529  GBP
10p ordinary	SWAP	Increasing Long	1,700	4.7350  GBP
10p ordinary	SWAP	Increasing Long	2,265	4.7378  GBP
10p ordinary	SWAP	Increasing Long	2,389	4.7550  GBP
10p ordinary	SWAP	Increasing Long	2,547	4.7398  GBP
10p ordinary	SWAP	Increasing Long	2,713	4.7320  GBP
10p ordinary	CFD	Increasing Long	6,039	4.7391  GBP
10p ordinary	SWAP	Increasing Long	10,768	4.7366  GBP
10p ordinary	SWAP	Increasing Long	13,726	4.7400  GBP
10p ordinary	CFD	Increasing Long	28,930	4.7369  GBP
10p ordinary	SWAP	Increasing Long	49,918	4.7369  GBP
10p ordinary	SWAP	Increasing Short	514	4.7449  GBP
10p ordinary	SWAP	Increasing Short	709	4.7444  GBP
10p ordinary	SWAP	Increasing Short	903	4.7379  GBP
10p ordinary	SWAP	Increasing Short	1,416	4.7400  GBP
10p ordinary	SWAP	Increasing Short	1,571	4.7409  GBP
10p ordinary	SWAP	Increasing Short	1,794	4.7459  GBP
10p ordinary	SWAP	Increasing Short	2,171	4.7478  GBP
10p ordinary	SWAP	Increasing Short	6,902	4.7433  GBP
10p ordinary	SWAP	Increasing Short	7,720	4.7360  GBP
10p ordinary	SWAP	Increasing Short	12,574	4.7395  GBP
10p ordinary	SWAP	Increasing Short	16,665	4.7383  GBP
10p ordinary	SWAP	Opening Long	28,936	4.7380  GBP
ADR	CFD	Opening Long	40,000	12.0700  USD
ADR	CFD	Closing Long	40,000	12.0800  USD
(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:				14 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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