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

Barclays PLC

25 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:			22 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:				8,880,880	0.91%	7,874,192	0.81%
(2) Cash-settled derivatives:				6,960,675	0.71%	7,449,643	0.76%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,841,555	1.63%	15,323,835	1.57%
(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	1645575	4.7930  GBP	4.7240  GBP
10p ordinary	Sale	871945	4.7930  GBP	4.7278  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	4,224	4.7452  GBP
10p ordinary	SWAP	Closing Short	8,779	4.7450  GBP
10p ordinary	SWAP	Decreasing Long	15	4.7689  GBP
10p ordinary	SWAP	Decreasing Long	161	4.7632  GBP
10p ordinary	SWAP	Decreasing Long	382	4.7666  GBP
10p ordinary	SWAP	Decreasing Long	436	4.7716  GBP
10p ordinary	SWAP	Decreasing Long	445	4.7740  GBP
10p ordinary	SWAP	Decreasing Long	483	4.7687  GBP
10p ordinary	SWAP	Decreasing Long	582	4.7708  GBP
10p ordinary	SWAP	Decreasing Long	1,521	4.7644  GBP
10p ordinary	SWAP	Decreasing Long	2,914	4.7690  GBP
10p ordinary	SWAP	Decreasing Long	3,152	4.7688  GBP
10p ordinary	CFD	Decreasing Long	3,321	4.7520  GBP
10p ordinary	SWAP	Decreasing Long	4,369	4.7677  GBP
10p ordinary	SWAP	Decreasing Long	4,907	4.7450  GBP
10p ordinary	SWAP	Decreasing Long	5,227	4.7759  GBP
10p ordinary	SWAP	Decreasing Long	7,667	4.7645  GBP
10p ordinary	CFD	Decreasing Long	8,304	4.7450  GBP
10p ordinary	CFD	Decreasing Long	87,325	4.7453  GBP
10p ordinary	SWAP	Decreasing Short	929	4.7444  GBP
10p ordinary	SWAP	Decreasing Short	935	4.7510  GBP
10p ordinary	SWAP	Decreasing Short	3,356	4.7653  GBP
10p ordinary	SWAP	Decreasing Short	4,999	4.7691  GBP
10p ordinary	SWAP	Decreasing Short	10,537	4.7655  GBP
10p ordinary	SWAP	Decreasing Short	42,249	4.7504  GBP
10p ordinary	SWAP	Increasing Long	39	4.7779  GBP
10p ordinary	SWAP	Increasing Long	123	4.7787  GBP
10p ordinary	SWAP	Increasing Long	155	4.7801  GBP
10p ordinary	SWAP	Increasing Long	208	4.7759  GBP
10p ordinary	CFD	Increasing Long	2,521	4.7823  GBP
10p ordinary	SWAP	Increasing Long	5,500	4.7755  GBP
10p ordinary	CFD	Increasing Long	18,804	4.7654  GBP
10p ordinary	CFD	Increasing Long	21,560	4.7687  GBP
10p ordinary	SWAP	Increasing Long	25,016	4.7449  GBP
10p ordinary	SWAP	Increasing Short	112	4.7760  GBP
10p ordinary	SWAP	Increasing Short	534	4.7657  GBP
10p ordinary	SWAP	Increasing Short	649	4.7659  GBP
10p ordinary	SWAP	Increasing Short	1,320	4.7639  GBP
10p ordinary	SWAP	Increasing Short	10,339	4.7684  GBP
10p ordinary	SWAP	Increasing Short	20,025	4.7753  GBP
10p ordinary	SWAP	Increasing Short	43,569	4.7454  GBP
10p ordinary	SWAP	Increasing Short	46,839	4.7722  GBP
10p ordinary	SWAP	Increasing Short	57,090	4.7620  GBP
10p ordinary	SWAP	Increasing Short	62,776	4.7740  GBP
10p ordinary	SWAP	Increasing Short	450,493	4.7450  GBP
10p ordinary	SWAP	Opening Short	757	4.7450  GBP
10p ordinary	SWAP	Opening Short	24,442	4.7601  GBP
10p ordinary	SWAP	Opening Short	29,359	4.7467  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:				25 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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