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

Barclays PLC

19 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:			18 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:				7,782,579	0.80%	8,202,363	0.84%
(2) Cash-settled derivatives:				7,210,658	0.74%	6,304,050	0.65%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,993,237	1.54%	14,506,413	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	275943	4.7878  GBP	4.7136  GBP
10p ordinary	Sale	299483	4.7788  GBP	4.7058  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	5	4.7710  GBP
10p ordinary	SWAP	Decreasing Long	41	4.7802  GBP
10p ordinary	SWAP	Decreasing Long	1,527	4.7747  GBP
10p ordinary	SWAP	Decreasing Long	1,893	4.7689  GBP
10p ordinary	CFD	Decreasing Long	2,385	4.7570  GBP
10p ordinary	CFD	Decreasing Long	2,647	4.7620  GBP
10p ordinary	CFD	Decreasing Long	3,027	4.7519  GBP
10p ordinary	SWAP	Decreasing Long	3,684	4.7686  GBP
10p ordinary	SWAP	Decreasing Long	3,789	4.7883  GBP
10p ordinary	CFD	Decreasing Long	4,424	4.7328  GBP
10p ordinary	SWAP	Decreasing Long	6,422	4.7850  GBP
10p ordinary	SWAP	Decreasing Long	6,446	4.7772  GBP
10p ordinary	SWAP	Decreasing Long	6,472	4.7663  GBP
10p ordinary	SWAP	Decreasing Long	15,489	4.7702  GBP
10p ordinary	SWAP	Decreasing Long	17,866	4.7893  GBP
10p ordinary	SWAP	Decreasing Short	104	4.7360  GBP
10p ordinary	SWAP	Decreasing Short	1,466	4.7753  GBP
10p ordinary	SWAP	Decreasing Short	3,319	4.7536  GBP
10p ordinary	SWAP	Decreasing Short	8,163	4.7620  GBP
10p ordinary	SWAP	Decreasing Short	16,642	4.7695  GBP
10p ordinary	SWAP	Decreasing Short	22,778	4.7709  GBP
10p ordinary	SWAP	Decreasing Short	24,355	4.7168  GBP
10p ordinary	SWAP	Decreasing Short	58,172	4.7788  GBP
10p ordinary	SWAP	Increasing Long	168	4.7434  GBP
10p ordinary	CFD	Increasing Long	576	4.7280  GBP
10p ordinary	SWAP	Increasing Long	767	4.7225  GBP
10p ordinary	SWAP	Increasing Long	1,364	4.7436  GBP
10p ordinary	SWAP	Increasing Long	2,636	4.7435  GBP
10p ordinary	CFD	Increasing Long	3,605	4.7490  GBP
10p ordinary	SWAP	Increasing Long	4,100	4.7302  GBP
10p ordinary	CFD	Increasing Long	5,358	4.7373  GBP
10p ordinary	CFD	Increasing Long	24,139	4.7354  GBP
10p ordinary	CFD	Increasing Long	59,495	4.7460  GBP
10p ordinary	SWAP	Increasing Short	411	4.7550  GBP
10p ordinary	SWAP	Increasing Short	593	4.7715  GBP
10p ordinary	SWAP	Increasing Short	1,642	4.7592  GBP
10p ordinary	SWAP	Increasing Short	1,835	4.7584  GBP
10p ordinary	SWAP	Increasing Short	2,064	4.7216  GBP
10p ordinary	SWAP	Increasing Short	2,468	4.7605  GBP
10p ordinary	SWAP	Increasing Short	2,500	4.7872  GBP
10p ordinary	SWAP	Increasing Short	10,411	4.7150  GBP
10p ordinary	SWAP	Increasing Short	12,891	4.7569  GBP
10p ordinary	SWAP	Increasing Short	17,372	4.7150  GBP
10p ordinary	SWAP	Increasing Short	20,545	4.7244  GBP
10p ordinary	SWAP	Increasing Short	47,220	4.7518  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:				19 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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