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

Barclays PLC

09 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:			08 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:				9,551,508	0.98%	5,650,927	0.58%
(2) Cash-settled derivatives:				4,812,934	0.49%	8,225,875	0.84%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,364,442	1.47%	13,876,802	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	359830	4.7214  GBP	4.6505  GBP
10p ordinary	Sale	453003	4.7246  GBP	4.6510  GBP
ADR	Purchase	3000	11.8800  USD	11.8800  USD
ADR	Sale	3000	11.8800  USD	11.8800  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	Closing Short	150	4.7020  GBP
10p ordinary	SWAP	Closing Short	628	4.7036  GBP
10p ordinary	SWAP	Closing Short	653	4.6779  GBP
10p ordinary	SWAP	Closing Short	713	4.6817  GBP
10p ordinary	SWAP	Closing Short	919	4.7214  GBP
10p ordinary	SWAP	Closing Short	1,162	4.7134  GBP
10p ordinary	SWAP	Closing Short	1,206	4.7146  GBP
10p ordinary	SWAP	Closing Short	2,103	4.7110  GBP
10p ordinary	SWAP	Closing Short	3,301	4.7150  GBP
10p ordinary	SWAP	Closing Short	3,738	4.7070  GBP
10p ordinary	SWAP	Closing Short	4,438	4.6708  GBP
10p ordinary	SWAP	Decreasing Long	112	4.7014  GBP
10p ordinary	CFD	Decreasing Long	968	4.6493  GBP
10p ordinary	SWAP	Decreasing Long	1,280	4.6891  GBP
10p ordinary	SWAP	Decreasing Long	2,047	4.7174  GBP
10p ordinary	SWAP	Decreasing Long	2,808	4.6895  GBP
10p ordinary	SWAP	Decreasing Long	3,284	4.6986  GBP
10p ordinary	CFD	Decreasing Long	16,093	4.7069  GBP
10p ordinary	CFD	Decreasing Long	41,318	4.6932  GBP
10p ordinary	SWAP	Decreasing Short	225	4.6490  GBP
10p ordinary	SWAP	Decreasing Short	1,778	4.6692  GBP
10p ordinary	SWAP	Decreasing Short	3,354	4.6913  GBP
10p ordinary	SWAP	Decreasing Short	6,622	4.6928  GBP
10p ordinary	SWAP	Decreasing Short	11,724	4.7054  GBP
10p ordinary	SWAP	Decreasing Short	54,218	4.7111  GBP
10p ordinary	CFD	Increasing Long	500	4.7126  GBP
10p ordinary	CFD	Increasing Long	3,468	4.7118  GBP
10p ordinary	CFD	Increasing Long	5,000	4.7095  GBP
10p ordinary	CFD	Increasing Long	6,554	4.7070  GBP
10p ordinary	CFD	Increasing Long	6,854	4.6659  GBP
10p ordinary	CFD	Increasing Long	14,116	4.7186  GBP
10p ordinary	CFD	Increasing Long	22,198	4.7130  GBP
10p ordinary	CFD	Increasing Long	50,579	4.6834  GBP
10p ordinary	SWAP	Increasing Short	44	4.7150  GBP
10p ordinary	SWAP	Increasing Short	309	4.6870  GBP
10p ordinary	SWAP	Increasing Short	324	4.6560  GBP
10p ordinary	SWAP	Increasing Short	332	4.7092  GBP
10p ordinary	SWAP	Increasing Short	663	4.6941  GBP
10p ordinary	SWAP	Increasing Short	858	4.6937  GBP
10p ordinary	SWAP	Increasing Short	1,741	4.7070  GBP
10p ordinary	SWAP	Increasing Short	1,801	4.6902  GBP
10p ordinary	SWAP	Increasing Short	2,377	4.6957  GBP
10p ordinary	SWAP	Increasing Short	4,696	4.7072  GBP
10p ordinary	SWAP	Increasing Short	6,492	4.6853  GBP
10p ordinary	SWAP	Increasing Short	7,518	4.6991  GBP
10p ordinary	SWAP	Increasing Short	12,744	4.6759  GBP
10p ordinary	SWAP	Increasing Short	18,753	4.7032  GBP
10p ordinary	SWAP	Opening Long	17	4.7069  GBP
10p ordinary	SWAP	Opening Long	152	4.7185  GBP
10p ordinary	SWAP	Opening Long	359	4.7246  GBP
10p ordinary	SWAP	Opening Long	499	4.7229  GBP
10p ordinary	SWAP	Opening Long	1,203	4.7192  GBP
10p ordinary	SWAP	Opening Long	1,318	4.7143  GBP
10p ordinary	SWAP	Opening Long	17,357	4.7190  GBP
10p ordinary	SWAP	Opening Long	23,824	4.7153  GBP
10p ordinary	SWAP	Opening Short	9,644	4.7178  GBP
10p ordinary	SWAP	Opening Short	24,044	4.6980  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:				09 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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