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

Barclays PLC

02 April 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:			28 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:				9,974,478	1.02%	5,483,466	0.56%
(2) Cash-settled derivatives:				4,603,498	0.47%	8,587,740	0.88%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,577,976	1.50%	14,071,206	1.44%
(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
ADR	Purchase	126936	12.1100  USD	12.0249  USD
10p ordinary	Purchase	1201115	4.7910  GBP	4.7519  GBP
10p ordinary	Sale	574922	4.7930  GBP	4.7519  GBP
ADR	Sale	86936	12.1100  USD	12.0249  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Decreasing Long	447	4.7766  GBP
10p ordinary	SWAP	Decreasing Long	1,785	4.7737  GBP
10p ordinary	SWAP	Decreasing Long	1,787	4.7831  GBP
10p ordinary	SWAP	Decreasing Long	1,787	4.7870  GBP
10p ordinary	SWAP	Decreasing Long	1,813	4.7838  GBP
10p ordinary	CFD	Decreasing Long	2,482	4.7636  GBP
10p ordinary	SWAP	Decreasing Long	5,050	4.7833  GBP
10p ordinary	CFD	Decreasing Long	6,156	4.7586  GBP
10p ordinary	CFD	Decreasing Long	6,927	4.7559  GBP
10p ordinary	SWAP	Decreasing Long	7,152	4.7783  GBP
10p ordinary	SWAP	Decreasing Long	8,762	4.7821  GBP
10p ordinary	CFD	Decreasing Long	17,308	4.7824  GBP
10p ordinary	SWAP	Decreasing Long	21,868	4.7758  GBP
10p ordinary	CFD	Decreasing Long	22,884	4.7878  GBP
10p ordinary	CFD	Decreasing Long	23,533	4.7563  GBP
10p ordinary	SWAP	Decreasing Long	31,175	4.7560  GBP
10p ordinary	CFD	Decreasing Long	35,196	4.7725  GBP
10p ordinary	CFD	Decreasing Long	40,543	4.7560  GBP
10p ordinary	CFD	Decreasing Long	45,663	4.7877  GBP
10p ordinary	SWAP	Decreasing Short	106	4.7858  GBP
10p ordinary	SWAP	Decreasing Short	175	4.7760  GBP
10p ordinary	SWAP	Decreasing Short	272	4.7709  GBP
10p ordinary	SWAP	Decreasing Short	382	4.7850  GBP
10p ordinary	SWAP	Decreasing Short	434	4.7840  GBP
10p ordinary	SWAP	Decreasing Short	504	4.7780  GBP
10p ordinary	SWAP	Decreasing Short	600	4.7858  GBP
10p ordinary	SWAP	Decreasing Short	695	4.7647  GBP
10p ordinary	SWAP	Decreasing Short	1,468	4.7653  GBP
10p ordinary	SWAP	Decreasing Short	2,052	4.7787  GBP
10p ordinary	SWAP	Decreasing Short	2,537	4.7751  GBP
10p ordinary	SWAP	Decreasing Short	2,921	4.7799  GBP
10p ordinary	SWAP	Decreasing Short	5,238	4.7898  GBP
10p ordinary	SWAP	Decreasing Short	46,934	4.7754  GBP
10p ordinary	SWAP	Increasing Long	10	4.7819  GBP
10p ordinary	CFD	Increasing Long	396	4.7560  GBP
10p ordinary	SWAP	Increasing Long	550	4.7855  GBP
10p ordinary	SWAP	Increasing Long	1,121	4.7828  GBP
10p ordinary	SWAP	Increasing Long	1,134	4.7858  GBP
10p ordinary	SWAP	Increasing Long	1,241	4.7829  GBP
10p ordinary	SWAP	Increasing Long	1,481	4.7812  GBP
10p ordinary	CFD	Increasing Long	1,611	4.7846  GBP
10p ordinary	SWAP	Increasing Long	1,760	4.7849  GBP
10p ordinary	SWAP	Increasing Long	1,856	4.7760  GBP
10p ordinary	CFD	Increasing Long	2,861	4.7719  GBP
10p ordinary	SWAP	Increasing Long	2,889	4.7709  GBP
10p ordinary	SWAP	Increasing Long	4,602	4.7840  GBP
10p ordinary	CFD	Increasing Long	9,301	4.7666  GBP
10p ordinary	CFD	Increasing Long	17,114	4.7559  GBP
10p ordinary	CFD	Increasing Long	17,309	4.7720  GBP
10p ordinary	SWAP	Increasing Long	21,772	4.7787  GBP
10p ordinary	CFD	Increasing Long	27,098	4.7829  GBP
10p ordinary	CFD	Increasing Long	37,277	4.7782  GBP
10p ordinary	CFD	Increasing Long	40,000	4.7853  GBP
10p ordinary	SWAP	Increasing Short	226	4.7810  GBP
10p ordinary	SWAP	Increasing Short	729	4.7812  GBP
10p ordinary	SWAP	Increasing Short	989	4.7803  GBP
10p ordinary	SWAP	Increasing Short	1,948	4.7717  GBP
10p ordinary	SWAP	Increasing Short	2,279	4.7752  GBP
10p ordinary	SWAP	Increasing Short	3,774	4.7750  GBP
10p ordinary	SWAP	Increasing Short	44,089	4.7561  GBP
10p ordinary	SWAP	Increasing Short	73,763	4.7772  GBP
10p ordinary	SWAP	Increasing Short	173,295	4.7732  GBP
10p ordinary	SWAP	Increasing Short	252,254	4.7560  GBP
10p ordinary	SWAP	Opening Long	46	4.7858  GBP
10p ordinary	SWAP	Opening Long	77	4.7760  GBP
10p ordinary	SWAP	Opening Long	118	4.7709  GBP
10p ordinary	SWAP	Opening Long	188	4.7840  GBP
10p ordinary	SWAP	Opening Long	892	4.7787  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:				02 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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