Form 8.5 (EPT/NON-RI) BARRATT DEVELOPMENTS PLC

Barclays PLC

08 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:			05 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:				9,627,336	0.99%	5,633,360	0.58%
(2) Cash-settled derivatives:				4,766,862	0.49%	8,251,749	0.85%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,394,198	1.48%	13,885,109	1.42%
(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	490468	4.6770  GBP	4.6470  GBP
10p ordinary	Sale	588711	4.6810  GBP	4.6459  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	1	4.6464  GBP
10p ordinary	SWAP	Closing Long	36	4.6459  GBP
10p ordinary	SWAP	Closing Long	161	4.6592  GBP
10p ordinary	SWAP	Closing Long	7,103	4.6549  GBP
10p ordinary	SWAP	Decreasing Long	451	4.6733  GBP
10p ordinary	CFD	Decreasing Long	752	4.6553  GBP
10p ordinary	CFD	Decreasing Long	2,000	4.6523  GBP
10p ordinary	SWAP	Decreasing Long	2,140	4.6724  GBP
10p ordinary	CFD	Decreasing Long	2,230	4.6583  GBP
10p ordinary	SWAP	Decreasing Long	4,984	4.6734  GBP
10p ordinary	CFD	Decreasing Long	8,413	4.6550  GBP
10p ordinary	CFD	Decreasing Long	17,895	4.6626  GBP
10p ordinary	SWAP	Decreasing Short	2,925	4.6806  GBP
10p ordinary	SWAP	Decreasing Short	3,255	4.6668  GBP
10p ordinary	SWAP	Decreasing Short	14,664	4.6642  GBP
10p ordinary	SWAP	Decreasing Short	19,556	4.6556  GBP
10p ordinary	SWAP	Decreasing Short	27,636	4.6639  GBP
10p ordinary	SWAP	Decreasing Short	53,688	4.6651  GBP
10p ordinary	SWAP	Decreasing Short	53,729	4.6550  GBP
10p ordinary	SWAP	Decreasing Short	104,654	4.6554  GBP
10p ordinary	CFD	Increasing Long	1	4.6600  GBP
10p ordinary	CFD	Increasing Long	752	4.6576  GBP
10p ordinary	CFD	Increasing Long	843	4.6550  GBP
10p ordinary	CFD	Increasing Long	6,826	4.6674  GBP
10p ordinary	SWAP	Increasing Long	11,155	4.6691  GBP
10p ordinary	CFD	Increasing Long	13,653	4.6583  GBP
10p ordinary	CFD	Increasing Long	15,113	4.6754  GBP
10p ordinary	CFD	Increasing Long	39,390	4.6683  GBP
10p ordinary	SWAP	Increasing Short	51	4.6519  GBP
10p ordinary	SWAP	Increasing Short	218	4.6770  GBP
10p ordinary	SWAP	Increasing Short	620	4.6662  GBP
10p ordinary	SWAP	Increasing Short	925	4.6667  GBP
10p ordinary	SWAP	Increasing Short	2,040	4.6734  GBP
10p ordinary	SWAP	Increasing Short	2,467	4.6765  GBP
10p ordinary	SWAP	Increasing Short	5,771	4.6552  GBP
10p ordinary	SWAP	Increasing Short	20,296	4.6546  GBP
10p ordinary	SWAP	Increasing Short	21,500	4.6756  GBP
10p ordinary	SWAP	Increasing Short	29,011	4.6576  GBP
10p ordinary	SWAP	Increasing Short	40,560	4.6683  GBP
10p ordinary	SWAP	Increasing Short	70,560	4.6553  GBP
10p ordinary	SWAP	Opening Short	263	4.6582  GBP
10p ordinary	SWAP	Opening Short	341	4.6530  GBP
10p ordinary	SWAP	Opening Short	1,136	4.6600  GBP
10p ordinary	SWAP	Opening Short	1,189	4.6722  GBP
10p ordinary	SWAP	Opening Short	1,519	4.6614  GBP
10p ordinary	SWAP	Opening Short	1,774	4.6550  GBP
10p ordinary	SWAP	Opening Short	1,788	4.6698  GBP
10p ordinary	SWAP	Opening Short	3,989	4.6608  GBP
10p ordinary	SWAP	Opening Short	4,304	4.6632  GBP
10p ordinary	SWAP	Opening Short	9,825	4.6563  GBP
10p ordinary	SWAP	Opening Short	12,347	4.6650  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:				08 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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