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

Barclays PLC

18 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:			15 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:				7,820,842	0.80%	8,217,413	0.84%
(2) Cash-settled derivatives:				7,208,403	0.74%	6,319,097	0.65%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,029,245	1.54%	14,536,510	1.49%
(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	1016281	4.7620  GBP	4.7300  GBP
10p ordinary	Sale	1615825	4.7617  GBP	4.7320  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	47	4.7510  GBP
10p ordinary	SWAP	Decreasing Long	99	4.7473  GBP
10p ordinary	SWAP	Decreasing Long	156	4.7541  GBP
10p ordinary	SWAP	Decreasing Long	164	4.7540  GBP
10p ordinary	SWAP	Decreasing Long	191	4.7472  GBP
10p ordinary	SWAP	Decreasing Long	248	4.7524  GBP
10p ordinary	SWAP	Decreasing Long	321	4.7545  GBP
10p ordinary	CFD	Decreasing Long	533	4.7376  GBP
10p ordinary	SWAP	Decreasing Long	866	4.7520  GBP
10p ordinary	SWAP	Decreasing Long	873	4.7461  GBP
10p ordinary	SWAP	Decreasing Long	944	4.7360  GBP
10p ordinary	SWAP	Decreasing Long	972	4.7426  GBP
10p ordinary	CFD	Decreasing Long	981	4.7363  GBP
10p ordinary	CFD	Decreasing Long	1,150	4.7563  GBP
10p ordinary	SWAP	Decreasing Long	1,397	4.7523  GBP
10p ordinary	SWAP	Decreasing Long	1,687	4.7522  GBP
10p ordinary	CFD	Decreasing Long	2,290	4.7463  GBP
10p ordinary	SWAP	Decreasing Long	2,750	4.7427  GBP
10p ordinary	SWAP	Decreasing Long	2,905	4.7501  GBP
10p ordinary	CFD	Decreasing Long	3,355	4.7369  GBP
10p ordinary	CFD	Decreasing Long	3,444	4.7359  GBP
10p ordinary	SWAP	Decreasing Long	6,866	4.7485  GBP
10p ordinary	CFD	Decreasing Long	9,008	4.7550  GBP
10p ordinary	SWAP	Decreasing Long	9,434	4.7519  GBP
10p ordinary	SWAP	Decreasing Short	456	4.7525  GBP
10p ordinary	SWAP	Decreasing Short	598	4.7320  GBP
10p ordinary	SWAP	Decreasing Short	3,033	4.7617  GBP
10p ordinary	SWAP	Decreasing Short	4,541	4.7535  GBP
10p ordinary	SWAP	Decreasing Short	101,810	4.7512  GBP
10p ordinary	SWAP	Decreasing Short	222,315	4.7426  GBP
10p ordinary	SWAP	Decreasing Short	266,113	4.7360  GBP
10p ordinary	SWAP	Increasing Long	321	4.7545  GBP
10p ordinary	CFD	Increasing Long	981	4.7486  GBP
10p ordinary	CFD	Increasing Long	1,106	4.7560  GBP
10p ordinary	CFD	Increasing Long	1,725	4.7360  GBP
10p ordinary	SWAP	Increasing Long	1,992	4.7514  GBP
10p ordinary	SWAP	Increasing Long	1,998	4.7472  GBP
10p ordinary	SWAP	Increasing Long	2,162	4.7405  GBP
10p ordinary	CFD	Increasing Long	3,051	4.7442  GBP
10p ordinary	CFD	Increasing Long	4,602	4.7350  GBP
10p ordinary	SWAP	Increasing Long	7,889	4.7463  GBP
10p ordinary	CFD	Increasing Long	9,621	4.7500  GBP
10p ordinary	CFD	Increasing Long	14,303	4.7470  GBP
10p ordinary	CFD	Increasing Long	23,633	4.7504  GBP
10p ordinary	SWAP	Increasing Long	27,221	4.7359  GBP
10p ordinary	SWAP	Increasing Long	30,001	4.7415  GBP
10p ordinary	SWAP	Increasing Short	584	4.7518  GBP
10p ordinary	SWAP	Increasing Short	956	4.7512  GBP
10p ordinary	SWAP	Increasing Short	1,243	4.7582  GBP
10p ordinary	SWAP	Increasing Short	1,274	4.7457  GBP
10p ordinary	SWAP	Increasing Short	2,621	4.7362  GBP
10p ordinary	SWAP	Increasing Short	8,513	4.7491  GBP
10p ordinary	SWAP	Increasing Short	10,970	4.7469  GBP
10p ordinary	SWAP	Increasing Short	19,575	4.7444  GBP
10p ordinary	SWAP	Increasing Short	20,061	4.7558  GBP
10p ordinary	SWAP	Increasing Short	22,254	4.7435  GBP
10p ordinary	SWAP	Increasing Short	31,773	4.7360  GBP
10p ordinary	SWAP	Increasing Short	148,786	4.7557  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:				18 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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