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

Barclays PLC

28 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:			27 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:				9,454,812	0.97%	5,588,740	0.57%
(2) Cash-settled derivatives:				4,720,025	0.48%	8,098,712	0.83%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,174,837	1.45%	13,687,452	1.40%
(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	3620167	4.7770  GBP	4.7180  GBP
10p ordinary	Sale	1277764	4.7770  GBP	4.7094  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	15,297	4.7530  GBP
10p ordinary	CFD	Decreasing Long	2	4.7350  GBP
10p ordinary	CFD	Decreasing Long	349	4.7540  GBP
10p ordinary	SWAP	Decreasing Long	1,360	4.7401  GBP
10p ordinary	CFD	Decreasing Long	3,730	4.7666  GBP
10p ordinary	CFD	Decreasing Long	17,074	4.7380  GBP
10p ordinary	CFD	Decreasing Long	17,644	4.7544  GBP
10p ordinary	CFD	Decreasing Long	26,765	4.7543  GBP
10p ordinary	SWAP	Decreasing Long	1,756,400	4.7335  GBP
10p ordinary	SWAP	Decreasing Short	17	4.7715  GBP
10p ordinary	SWAP	Decreasing Short	27	4.7615  GBP
10p ordinary	SWAP	Decreasing Short	55	4.7735  GBP
10p ordinary	SWAP	Decreasing Short	151	4.7708  GBP
10p ordinary	SWAP	Decreasing Short	216	4.7681  GBP
10p ordinary	SWAP	Decreasing Short	390	4.7517  GBP
10p ordinary	SWAP	Decreasing Short	551	4.7700  GBP
10p ordinary	SWAP	Decreasing Short	551	4.7560  GBP
10p ordinary	SWAP	Decreasing Short	700	4.7612  GBP
10p ordinary	SWAP	Decreasing Short	1,934	4.7666  GBP
10p ordinary	SWAP	Decreasing Short	1,939	4.7600  GBP
10p ordinary	SWAP	Decreasing Short	2,234	4.7609  GBP
10p ordinary	SWAP	Decreasing Short	4,039	4.7539  GBP
10p ordinary	SWAP	Decreasing Short	5,083	4.7517  GBP
10p ordinary	SWAP	Decreasing Short	20,182	4.7684  GBP
10p ordinary	SWAP	Decreasing Short	43,075	4.7536  GBP
10p ordinary	SWAP	Decreasing Short	50,722	4.7589  GBP
10p ordinary	SWAP	Decreasing Short	96,733	4.7583  GBP
10p ordinary	SWAP	Decreasing Short	110,718	4.7584  GBP
10p ordinary	SWAP	Increasing Long	626	4.7693  GBP
10p ordinary	CFD	Increasing Long	715	4.7416  GBP
10p ordinary	SWAP	Increasing Long	1,628	4.7557  GBP
10p ordinary	CFD	Increasing Long	1,823	4.7539  GBP
10p ordinary	SWAP	Increasing Long	2,163	4.7609  GBP
10p ordinary	SWAP	Increasing Long	2,492	4.7565  GBP
10p ordinary	SWAP	Increasing Long	3,584	4.7536  GBP
10p ordinary	CFD	Increasing Long	5,945	4.7319  GBP
10p ordinary	CFD	Increasing Long	7,649	4.7540  GBP
10p ordinary	CFD	Increasing Long	12,305	4.7406  GBP
10p ordinary	CFD	Increasing Long	26,067	4.7678  GBP
10p ordinary	CFD	Increasing Long	28,137	4.7626  GBP
10p ordinary	SWAP	Increasing Long	67,063	4.7539  GBP
10p ordinary	SWAP	Increasing Short	218	4.7498  GBP
10p ordinary	SWAP	Increasing Short	495	4.7497  GBP
10p ordinary	SWAP	Increasing Short	516	4.7594  GBP
10p ordinary	SWAP	Increasing Short	594	4.7705  GBP
10p ordinary	SWAP	Increasing Short	712	4.7670  GBP
10p ordinary	SWAP	Increasing Short	819	4.7553  GBP
10p ordinary	SWAP	Increasing Short	2,628	4.7487  GBP
10p ordinary	SWAP	Increasing Short	2,753	4.7451  GBP
10p ordinary	SWAP	Increasing Short	3,335	4.7673  GBP
10p ordinary	SWAP	Increasing Short	5,535	4.7486  GBP
10p ordinary	SWAP	Increasing Short	5,925	4.7741  GBP
10p ordinary	SWAP	Increasing Short	8,236	4.7738  GBP
10p ordinary	SWAP	Increasing Short	8,288	4.7744  GBP
10p ordinary	SWAP	Increasing Short	10,000	4.7434  GBP
10p ordinary	SWAP	Increasing Short	11,668	4.7650  GBP
10p ordinary	SWAP	Increasing Short	12,471	4.7666  GBP
10p ordinary	SWAP	Increasing Short	12,781	4.7736  GBP
10p ordinary	SWAP	Increasing Short	14,484	4.7274  GBP
10p ordinary	SWAP	Increasing Short	16,726	4.7534  GBP
10p ordinary	SWAP	Increasing Short	17,323	4.7621  GBP
10p ordinary	SWAP	Increasing Short	17,704	4.7412  GBP
10p ordinary	SWAP	Increasing Short	21,458	4.7419  GBP
10p ordinary	SWAP	Increasing Short	25,863	4.7742  GBP
10p ordinary	SWAP	Increasing Short	26,252	4.7667  GBP
10p ordinary	SWAP	Increasing Short	38,051	4.7527  GBP
10p ordinary	SWAP	Increasing Short	42,685	4.7616  GBP
10p ordinary	SWAP	Increasing Short	48,638	4.7482  GBP
10p ordinary	SWAP	Increasing Short	56,789	4.7564  GBP
10p ordinary	SWAP	Increasing Short	67,331	4.7539  GBP
10p ordinary	SWAP	Increasing Short	76,849	4.7637  GBP
10p ordinary	SWAP	Increasing Short	78,223	4.7318  GBP
10p ordinary	SWAP	Increasing Short	106,468	4.7549  GBP
10p ordinary	SWAP	Increasing Short	111,379	4.7540  GBP
10p ordinary	SWAP	Increasing Short	119,033	4.7474  GBP
10p ordinary	SWAP	Increasing Short	125,995	4.7638  GBP
10p ordinary	SWAP	Opening Long	26,970	4.7528  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:				28 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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