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

Barclays PLC

05 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:			04 Apr 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:				9,716,139	1.00%	5,623,731	0.58%
(2) Cash-settled derivatives:				4,728,163	0.49%	8,316,832	0.85%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,444,302	1.48%	13,940,563	1.43%
(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	501594	4.7300  GBP	4.6650  GBP
10p ordinary	Sale	758488	4.7300  GBP	4.6610  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	24,154	4.7300  GBP
10p ordinary	SWAP	Closing Short	33,997	4.6809  GBP
10p ordinary	SWAP	Closing Short	54,558	4.7299  GBP
10p ordinary	SWAP	Closing Short	58,167	4.7279  GBP
10p ordinary	CFD	Decreasing Long	281	4.6753  GBP
10p ordinary	SWAP	Decreasing Long	456	4.7196  GBP
10p ordinary	SWAP	Decreasing Long	489	4.6958  GBP
10p ordinary	SWAP	Decreasing Long	978	4.7065  GBP
10p ordinary	SWAP	Decreasing Long	1,172	4.6790  GBP
10p ordinary	CFD	Decreasing Long	1,237	4.7303  GBP
10p ordinary	SWAP	Decreasing Long	1,360	4.6698  GBP
10p ordinary	CFD	Decreasing Long	1,710	4.7146  GBP
10p ordinary	SWAP	Decreasing Long	2,186	4.6690  GBP
10p ordinary	SWAP	Decreasing Long	2,501	4.6814  GBP
10p ordinary	CFD	Decreasing Long	4,116	4.7094  GBP
10p ordinary	SWAP	Decreasing Long	4,478	4.6825  GBP
10p ordinary	SWAP	Decreasing Long	6,129	4.6788  GBP
10p ordinary	SWAP	Decreasing Long	7,797	4.6762  GBP
10p ordinary	SWAP	Decreasing Long	13,508	4.7035  GBP
10p ordinary	CFD	Decreasing Long	22,798	4.7050  GBP
10p ordinary	SWAP	Decreasing Long	29,485	4.7300  GBP
10p ordinary	CFD	Decreasing Long	30,280	4.7300  GBP
10p ordinary	SWAP	Decreasing Short	424	4.7230  GBP
10p ordinary	SWAP	Decreasing Short	1,192	4.6712  GBP
10p ordinary	SWAP	Decreasing Short	3,366	4.6783  GBP
10p ordinary	SWAP	Decreasing Short	6,706	4.6792  GBP
10p ordinary	SWAP	Decreasing Short	10,643	4.7300  GBP
10p ordinary	SWAP	Decreasing Short	21,702	4.7006  GBP
10p ordinary	SWAP	Decreasing Short	26,068	4.7023  GBP
10p ordinary	SWAP	Decreasing Short	39,998	4.6910  GBP
10p ordinary	SWAP	Decreasing Short	117,421	4.6878  GBP
10p ordinary	CFD	Increasing Long	2	4.7300  GBP
10p ordinary	SWAP	Increasing Long	312	4.6903  GBP
10p ordinary	SWAP	Increasing Long	395	4.7049  GBP
10p ordinary	CFD	Increasing Long	975	4.6610  GBP
10p ordinary	CFD	Increasing Long	1,237	4.6656  GBP
10p ordinary	SWAP	Increasing Long	1,496	4.7069  GBP
10p ordinary	CFD	Increasing Long	1,888	4.7118  GBP
10p ordinary	SWAP	Increasing Long	10,112	4.7299  GBP
10p ordinary	CFD	Increasing Long	33,128	4.6850  GBP
10p ordinary	CFD	Increasing Long	34,321	4.6851  GBP
10p ordinary	CFD	Increasing Long	36,252	4.6884  GBP
10p ordinary	SWAP	Increasing Short	767	4.6903  GBP
10p ordinary	SWAP	Increasing Short	1,552	4.6898  GBP
10p ordinary	SWAP	Increasing Short	1,909	4.6771  GBP
10p ordinary	SWAP	Increasing Short	1,950	4.6757  GBP
10p ordinary	SWAP	Increasing Short	6,676	4.6818  GBP
10p ordinary	SWAP	Increasing Short	7,999	4.7300  GBP
10p ordinary	SWAP	Increasing Short	9,193	4.7101  GBP
10p ordinary	SWAP	Increasing Short	20,656	4.6817  GBP
10p ordinary	SWAP	Increasing Short	26,568	4.7272  GBP
10p ordinary	SWAP	Opening Short	124	4.7083  GBP
10p ordinary	SWAP	Opening Short	7,415	4.7302  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:				05 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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