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

Barclays PLC

26 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:			25 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:				8,524,627	0.87%	7,485,401	0.77%
(2) Cash-settled derivatives:				6,567,400	0.67%	7,059,426	0.72%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,092,027	1.55%	14,544,827	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	759398	4.7425  GBP	4.6775  GBP
10p ordinary	Sale	726520	4.7300  GBP	4.6820  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	12	4.7094  GBP
10p ordinary	SWAP	Closing Long	12	4.7089  GBP
10p ordinary	SWAP	Closing Long	218	4.7170  GBP
10p ordinary	SWAP	Closing Long	264	4.7210  GBP
10p ordinary	SWAP	Closing Long	5,139	4.6899  GBP
10p ordinary	CFD	Decreasing Long	166	4.7169  GBP
10p ordinary	SWAP	Decreasing Long	201	4.7015  GBP
10p ordinary	SWAP	Decreasing Long	446	4.6914  GBP
10p ordinary	SWAP	Decreasing Long	831	4.7135  GBP
10p ordinary	SWAP	Decreasing Long	1,154	4.7036  GBP
10p ordinary	SWAP	Decreasing Long	1,222	4.7077  GBP
10p ordinary	SWAP	Decreasing Long	1,267	4.6975  GBP
10p ordinary	CFD	Decreasing Long	1,543	4.7011  GBP
10p ordinary	SWAP	Decreasing Long	1,762	4.7032  GBP
10p ordinary	SWAP	Decreasing Long	3,023	4.7009  GBP
10p ordinary	SWAP	Decreasing Long	4,405	4.7025  GBP
10p ordinary	SWAP	Decreasing Long	4,465	4.7054  GBP
10p ordinary	SWAP	Decreasing Long	4,833	4.7022  GBP
10p ordinary	SWAP	Decreasing Long	4,929	4.7120  GBP
10p ordinary	SWAP	Decreasing Long	6,261	4.7062  GBP
10p ordinary	SWAP	Decreasing Long	7,085	4.7060  GBP
10p ordinary	SWAP	Decreasing Long	10,326	4.7155  GBP
10p ordinary	SWAP	Decreasing Long	10,607	4.7094  GBP
10p ordinary	CFD	Decreasing Long	17,895	4.7124  GBP
10p ordinary	SWAP	Decreasing Long	25,580	4.7085  GBP
10p ordinary	SWAP	Decreasing Long	304,006	4.7425  GBP
10p ordinary	SWAP	Decreasing Short	136	4.7052  GBP
10p ordinary	SWAP	Decreasing Short	170	4.7300  GBP
10p ordinary	SWAP	Decreasing Short	220	4.7149  GBP
10p ordinary	SWAP	Decreasing Short	358	4.7135  GBP
10p ordinary	SWAP	Decreasing Short	394	4.6920  GBP
10p ordinary	SWAP	Decreasing Short	470	4.7065  GBP
10p ordinary	SWAP	Decreasing Short	484	4.7183  GBP
10p ordinary	SWAP	Decreasing Short	551	4.7096  GBP
10p ordinary	SWAP	Decreasing Short	645	4.7057  GBP
10p ordinary	SWAP	Decreasing Short	1,889	4.7155  GBP
10p ordinary	SWAP	Decreasing Short	2,165	4.7025  GBP
10p ordinary	SWAP	Decreasing Short	2,246	4.7087  GBP
10p ordinary	SWAP	Decreasing Short	2,536	4.6964  GBP
10p ordinary	SWAP	Decreasing Short	3,448	4.7105  GBP
10p ordinary	SWAP	Decreasing Short	3,790	4.6943  GBP
10p ordinary	SWAP	Decreasing Short	4,929	4.7120  GBP
10p ordinary	SWAP	Decreasing Short	7,085	4.7060  GBP
10p ordinary	SWAP	Decreasing Short	9,186	4.7063  GBP
10p ordinary	SWAP	Decreasing Short	10,967	4.6950  GBP
10p ordinary	SWAP	Decreasing Short	12,671	4.7017  GBP
10p ordinary	SWAP	Decreasing Short	19,476	4.7086  GBP
10p ordinary	SWAP	Decreasing Short	21,730	4.7068  GBP
10p ordinary	SWAP	Decreasing Short	30,240	4.7166  GBP
10p ordinary	SWAP	Decreasing Short	41,670	4.7000  GBP
10p ordinary	SWAP	Decreasing Short	105,815	4.7170  GBP
10p ordinary	SWAP	Decreasing Short	278,823	4.7054  GBP
10p ordinary	CFD	Increasing Long	15	4.7173  GBP
10p ordinary	CFD	Increasing Long	17	4.7170  GBP
10p ordinary	SWAP	Increasing Long	473	4.7135  GBP
10p ordinary	CFD	Increasing Long	2,570	4.7169  GBP
10p ordinary	SWAP	Increasing Long	4,451	4.7155  GBP
10p ordinary	CFD	Increasing Long	9,409	4.7041  GBP
10p ordinary	CFD	Increasing Long	10,350	4.7045  GBP
10p ordinary	SWAP	Increasing Short	227	4.7133  GBP
10p ordinary	SWAP	Increasing Short	623	4.7040  GBP
10p ordinary	SWAP	Increasing Short	690	4.7062  GBP
10p ordinary	SWAP	Increasing Short	899	4.7370  GBP
10p ordinary	SWAP	Increasing Short	969	4.7043  GBP
10p ordinary	SWAP	Increasing Short	2,378	4.7039  GBP
10p ordinary	SWAP	Increasing Short	3,977	4.7064  GBP
10p ordinary	SWAP	Increasing Short	5,025	4.7141  GBP
10p ordinary	SWAP	Increasing Short	39,164	4.7209  GBP
10p ordinary	SWAP	Increasing Short	40,492	4.7168  GBP
10p ordinary	SWAP	Opening Short	1,318	4.7083  GBP
10p ordinary	SWAP	Opening Short	1,355	4.6959  GBP
10p ordinary	SWAP	Opening Short	1,514	4.7060  GBP
10p ordinary	SWAP	Opening Short	1,883	4.7150  GBP
10p ordinary	SWAP	Opening Short	2,378	4.6979  GBP
10p ordinary	SWAP	Opening Short	5,418	4.7081  GBP
10p ordinary	SWAP	Opening Short	6,005	4.7172  GBP
10p ordinary	SWAP	Opening Short	6,779	4.7108  GBP
10p ordinary	SWAP	Opening Short	7,017	4.7025  GBP
10p ordinary	SWAP	Opening Short	8,984	4.7075  GBP
10p ordinary	SWAP	Opening Short	9,106	4.7078  GBP
10p ordinary	SWAP	Opening Short	16,862	4.7170  GBP
10p ordinary	SWAP	Opening Short	25,194	4.7170  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:				26 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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