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

Barclays PLC

20 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:			19 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:				8,005,122	0.82%	8,049,999	0.83%
(2) Cash-settled derivatives:				7,084,283	0.73%	6,366,296	0.65%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,089,405	1.55%	14,416,295	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	2638225	4.6910  GBP	4.6230  GBP
10p ordinary	Sale	2233061	4.7110  GBP	4.6230  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	25	4.6792  GBP
10p ordinary	SWAP	Decreasing Long	44	4.6435  GBP
10p ordinary	SWAP	Decreasing Long	61	4.6843  GBP
10p ordinary	SWAP	Decreasing Long	151	4.6861  GBP
10p ordinary	SWAP	Decreasing Long	201	4.6764  GBP
10p ordinary	SWAP	Decreasing Long	267	4.6377  GBP
10p ordinary	SWAP	Decreasing Long	277	4.6406  GBP
10p ordinary	SWAP	Decreasing Long	283	4.6583  GBP
10p ordinary	SWAP	Decreasing Long	556	4.6793  GBP
10p ordinary	CFD	Decreasing Long	928	4.6493  GBP
10p ordinary	SWAP	Decreasing Long	2,630	4.6552  GBP
10p ordinary	CFD	Decreasing Long	2,662	4.6730  GBP
10p ordinary	SWAP	Decreasing Long	2,870	4.6600  GBP
10p ordinary	SWAP	Decreasing Long	9,073	4.6417  GBP
10p ordinary	SWAP	Decreasing Long	12,115	4.6468  GBP
10p ordinary	SWAP	Decreasing Long	13,314	4.6551  GBP
10p ordinary	SWAP	Decreasing Long	19,556	4.6597  GBP
10p ordinary	SWAP	Decreasing Long	20,606	4.6599  GBP
10p ordinary	SWAP	Decreasing Long	27,209	4.6540  GBP
10p ordinary	CFD	Decreasing Long	32,229	4.6489  GBP
10p ordinary	SWAP	Decreasing Long	37,946	4.6490  GBP
10p ordinary	SWAP	Decreasing Long	48,452	4.6480  GBP
10p ordinary	SWAP	Decreasing Short	191	4.6730  GBP
10p ordinary	SWAP	Decreasing Short	961	4.6513  GBP
10p ordinary	SWAP	Decreasing Short	1,211	4.6422  GBP
10p ordinary	SWAP	Decreasing Short	2,342	4.6587  GBP
10p ordinary	SWAP	Decreasing Short	14,218	4.6492  GBP
10p ordinary	SWAP	Decreasing Short	16,571	4.6614  GBP
10p ordinary	SWAP	Decreasing Short	23,012	4.6587  GBP
10p ordinary	SWAP	Decreasing Short	28,204	4.6435  GBP
10p ordinary	SWAP	Decreasing Short	42,396	4.6461  GBP
10p ordinary	SWAP	Increasing Long	278	4.6721  GBP
10p ordinary	SWAP	Increasing Long	310	4.6836  GBP
10p ordinary	CFD	Increasing Long	610	4.6507  GBP
10p ordinary	CFD	Increasing Long	928	4.6906  GBP
10p ordinary	CFD	Increasing Long	1,106	4.6934  GBP
10p ordinary	SWAP	Increasing Long	1,244	4.6752  GBP
10p ordinary	SWAP	Increasing Long	2,182	4.6818  GBP
10p ordinary	SWAP	Increasing Long	2,917	4.6775  GBP
10p ordinary	CFD	Increasing Long	9,706	4.6489  GBP
10p ordinary	CFD	Increasing Long	36,603	4.6826  GBP
10p ordinary	CFD	Increasing Long	47,902	4.6562  GBP
10p ordinary	SWAP	Increasing Short	562	4.6589  GBP
10p ordinary	SWAP	Increasing Short	1,117	4.6713  GBP
10p ordinary	SWAP	Increasing Short	2,364	4.6649  GBP
10p ordinary	SWAP	Increasing Short	2,569	4.6492  GBP
10p ordinary	SWAP	Increasing Short	2,573	4.6814  GBP
10p ordinary	SWAP	Increasing Short	2,824	4.6793  GBP
10p ordinary	SWAP	Increasing Short	3,743	4.6490  GBP
10p ordinary	SWAP	Increasing Short	5,879	4.6660  GBP
10p ordinary	SWAP	Increasing Short	18,028	4.6678  GBP
10p ordinary	SWAP	Increasing Short	46,081	4.6507  GBP
10p ordinary	SWAP	Increasing Short	86,388	4.6556  GBP
10p ordinary	SWAP	Opening Short	15	4.6843  GBP
10p ordinary	SWAP	Opening Short	38	4.6861  GBP
10p ordinary	SWAP	Opening Short	130	4.6793  GBP
10p ordinary	SWAP	Opening Short	594	4.6552  GBP
10p ordinary	SWAP	Opening Short	1,032	4.6551  GBP
10p ordinary	SWAP	Opening Short	8,209	4.6490  GBP
10p ordinary	SWAP	Opening Short	9,206	4.6599  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:				20 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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