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

Barclays PLC

22 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:			21 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:				8,209,317	0.84%	7,976,991	0.82%
(2) Cash-settled derivatives:				7,045,465	0.72%	6,768,899	0.69%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,254,782	1.57%	14,745,890	1.51%
(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	849792	4.7900  GBP	4.7348  GBP
10p ordinary	Sale	407377	4.7900  GBP	4.7241  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 Short	12,000	4.7355  GBP
10p ordinary	SWAP	Decreasing Long	140	4.7586  GBP
10p ordinary	SWAP	Decreasing Long	401	4.7900  GBP
10p ordinary	SWAP	Decreasing Long	574	4.7597  GBP
10p ordinary	SWAP	Decreasing Long	806	4.7599  GBP
10p ordinary	SWAP	Decreasing Long	891	4.7574  GBP
10p ordinary	SWAP	Decreasing Long	1,382	4.7585  GBP
10p ordinary	SWAP	Decreasing Long	2,574	4.7490  GBP
10p ordinary	SWAP	Decreasing Long	2,620	4.7527  GBP
10p ordinary	SWAP	Decreasing Long	3,730	4.7500  GBP
10p ordinary	SWAP	Decreasing Long	6,167	4.7685  GBP
10p ordinary	SWAP	Decreasing Long	6,480	4.7605  GBP
10p ordinary	SWAP	Decreasing Long	6,774	4.7589  GBP
10p ordinary	SWAP	Decreasing Long	7,656	4.7761  GBP
10p ordinary	SWAP	Decreasing Long	7,990	4.7693  GBP
10p ordinary	SWAP	Decreasing Long	8,324	4.7515  GBP
10p ordinary	CFD	Decreasing Long	16,156	4.7598  GBP
10p ordinary	CFD	Decreasing Long	22,341	4.7630  GBP
10p ordinary	SWAP	Decreasing Long	39,210	4.7683  GBP
10p ordinary	SWAP	Decreasing Short	100	4.7599  GBP
10p ordinary	SWAP	Decreasing Short	229	4.7399  GBP
10p ordinary	SWAP	Decreasing Short	400	4.7495  GBP
10p ordinary	SWAP	Decreasing Short	522	4.7670  GBP
10p ordinary	SWAP	Decreasing Short	1,514	4.7380  GBP
10p ordinary	SWAP	Decreasing Short	1,883	4.7515  GBP
10p ordinary	SWAP	Decreasing Short	2,251	4.7576  GBP
10p ordinary	SWAP	Decreasing Short	11,185	4.7514  GBP
10p ordinary	SWAP	Decreasing Short	58,384	4.7888  GBP
10p ordinary	SWAP	Increasing Long	24	4.7589  GBP
10p ordinary	SWAP	Increasing Long	70	4.7489  GBP
10p ordinary	SWAP	Increasing Long	73	4.7652  GBP
10p ordinary	SWAP	Increasing Long	179	4.7608  GBP
10p ordinary	SWAP	Increasing Long	477	4.7514  GBP
10p ordinary	SWAP	Increasing Long	6,167	4.7685  GBP
10p ordinary	SWAP	Increasing Long	6,331	4.7899  GBP
10p ordinary	SWAP	Increasing Long	6,441	4.7515  GBP
10p ordinary	SWAP	Increasing Long	6,480	4.7605  GBP
10p ordinary	CFD	Increasing Long	8,175	4.7558  GBP
10p ordinary	CFD	Increasing Long	9,423	4.7526  GBP
10p ordinary	SWAP	Increasing Short	579	4.7653  GBP
10p ordinary	SWAP	Increasing Short	1,403	4.7760  GBP
10p ordinary	SWAP	Increasing Short	1,573	4.7543  GBP
10p ordinary	SWAP	Increasing Short	1,880	4.7606  GBP
10p ordinary	SWAP	Increasing Short	2,047	4.7618  GBP
10p ordinary	SWAP	Increasing Short	3,307	4.7565  GBP
10p ordinary	SWAP	Increasing Short	13,081	4.7646  GBP
10p ordinary	SWAP	Increasing Short	14,348	4.7655  GBP
10p ordinary	SWAP	Increasing Short	32,161	4.7824  GBP
10p ordinary	SWAP	Increasing Short	33,215	4.7895  GBP
10p ordinary	SWAP	Increasing Short	95,179	4.7900  GBP
10p ordinary	SWAP	Increasing Short	138,723	4.7763  GBP
10p ordinary	SWAP	Opening Short	4,555	4.7902  GBP
10p ordinary	SWAP	Opening Short	84,350	4.7897  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:				22 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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