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

Barclays PLC

21 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:			20 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:				7,870,363	0.81%	8,074,645	0.83%
(2) Cash-settled derivatives:				7,133,514	0.73%	6,434,125	0.66%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,003,877	1.54%	14,508,770	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	371736	4.6930  GBP	4.6660  GBP
10p ordinary	Sale	531135	4.6930  GBP	4.6690  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 Long	56	4.6901  GBP
10p ordinary	SWAP	Closing Long	188	4.6862  GBP
10p ordinary	SWAP	Closing Long	866	4.6850  GBP
10p ordinary	SWAP	Closing Short	7,613	4.6852  GBP
10p ordinary	SWAP	Closing Short	15,363	4.6850  GBP
10p ordinary	SWAP	Decreasing Long	29	4.6890  GBP
10p ordinary	SWAP	Decreasing Long	44	4.6900  GBP
10p ordinary	SWAP	Decreasing Long	179	4.6847  GBP
10p ordinary	SWAP	Decreasing Long	242	4.6660  GBP
10p ordinary	CFD	Decreasing Long	545	4.6903  GBP
10p ordinary	SWAP	Decreasing Long	555	4.6883  GBP
10p ordinary	SWAP	Decreasing Long	769	4.6901  GBP
10p ordinary	CFD	Decreasing Long	1,082	4.6853  GBP
10p ordinary	SWAP	Decreasing Long	1,609	4.6889  GBP
10p ordinary	SWAP	Decreasing Long	1,948	4.6860  GBP
10p ordinary	SWAP	Decreasing Long	2,746	4.6829  GBP
10p ordinary	SWAP	Decreasing Long	3,871	4.6722  GBP
10p ordinary	SWAP	Decreasing Long	4,083	4.6809  GBP
10p ordinary	SWAP	Decreasing Long	5,597	4.6747  GBP
10p ordinary	CFD	Decreasing Long	28,765	4.6847  GBP
10p ordinary	SWAP	Decreasing Long	65,256	4.6850  GBP
10p ordinary	SWAP	Decreasing Short	1,548	4.6738  GBP
10p ordinary	SWAP	Decreasing Short	2,966	4.6788  GBP
10p ordinary	SWAP	Decreasing Short	3,061	4.6791  GBP
10p ordinary	SWAP	Decreasing Short	3,129	4.6750  GBP
10p ordinary	SWAP	Decreasing Short	3,401	4.6828  GBP
10p ordinary	SWAP	Decreasing Short	3,418	4.6767  GBP
10p ordinary	SWAP	Decreasing Short	10,220	4.6764  GBP
10p ordinary	SWAP	Decreasing Short	49,703	4.6849  GBP
10p ordinary	SWAP	Increasing Long	96	4.6869  GBP
10p ordinary	SWAP	Increasing Long	325	4.6881  GBP
10p ordinary	SWAP	Increasing Long	762	4.6854  GBP
10p ordinary	SWAP	Increasing Long	823	4.6872  GBP
10p ordinary	CFD	Increasing Long	1,082	4.6586  GBP
10p ordinary	SWAP	Increasing Long	1,184	4.6867  GBP
10p ordinary	CFD	Increasing Long	5,000	4.6845  GBP
10p ordinary	SWAP	Increasing Long	12,684	4.6849  GBP
10p ordinary	CFD	Increasing Long	17,372	4.6830  GBP
10p ordinary	CFD	Increasing Long	17,684	4.6848  GBP
10p ordinary	CFD	Increasing Long	19,159	4.6826  GBP
10p ordinary	CFD	Increasing Long	23,279	4.6850  GBP
10p ordinary	SWAP	Increasing Long	68,211	4.6850  GBP
10p ordinary	SWAP	Increasing Short	87	4.6901  GBP
10p ordinary	SWAP	Increasing Short	125	4.6828  GBP
10p ordinary	SWAP	Increasing Short	477	4.6844  GBP
10p ordinary	SWAP	Increasing Short	621	4.6889  GBP
10p ordinary	SWAP	Increasing Short	1,171	4.6780  GBP
10p ordinary	SWAP	Increasing Short	1,354	4.6779  GBP
10p ordinary	SWAP	Increasing Short	1,534	4.6834  GBP
10p ordinary	SWAP	Increasing Short	7,877	4.6832  GBP
10p ordinary	SWAP	Increasing Short	9,189	4.6804  GBP
10p ordinary	SWAP	Increasing Short	11,156	4.6829  GBP
10p ordinary	SWAP	Increasing Short	11,442	4.6845  GBP
10p ordinary	SWAP	Increasing Short	20,324	4.6850  GBP
10p ordinary	SWAP	Increasing Short	22,233	4.6847  GBP
10p ordinary	SWAP	Increasing Short	53,435	4.6815  GBP
10p ordinary	SWAP	Opening Short	12,000	4.6789  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:				21 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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