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

Barclays PLC

10 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:			09 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:				9,680,565	0.99%	5,591,147	0.57%
(2) Cash-settled derivatives:				4,751,169	0.49%	8,327,819	0.85%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,431,734	1.48%	13,918,966	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	519025	4.6766  GBP	4.6400  GBP
10p ordinary	Sale	329923	4.6710  GBP	4.6360  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	10	4.6499  GBP
10p ordinary	SWAP	Closing Long	27	4.6669  GBP
10p ordinary	SWAP	Closing Long	56	4.6637  GBP
10p ordinary	SWAP	Closing Long	60	4.6739  GBP
10p ordinary	SWAP	Closing Long	152	4.6626  GBP
10p ordinary	SWAP	Closing Long	650	4.6632  GBP
10p ordinary	SWAP	Closing Long	2,315	4.6560  GBP
10p ordinary	SWAP	Decreasing Long	15	4.6547  GBP
10p ordinary	SWAP	Decreasing Long	23	4.6667  GBP
10p ordinary	SWAP	Decreasing Long	62	4.6563  GBP
10p ordinary	SWAP	Decreasing Long	64	4.6637  GBP
10p ordinary	CFD	Decreasing Long	65	4.6532  GBP
10p ordinary	SWAP	Decreasing Long	72	4.6600  GBP
10p ordinary	SWAP	Decreasing Long	154	4.6550  GBP
10p ordinary	CFD	Decreasing Long	200	4.6439  GBP
10p ordinary	SWAP	Decreasing Long	328	4.6634  GBP
10p ordinary	SWAP	Decreasing Long	1,280	4.6656  GBP
10p ordinary	SWAP	Decreasing Long	2,440	4.6621  GBP
10p ordinary	SWAP	Decreasing Long	2,945	4.6766  GBP
10p ordinary	CFD	Decreasing Long	4,284	4.6559  GBP
10p ordinary	SWAP	Decreasing Long	4,293	4.6543  GBP
10p ordinary	CFD	Decreasing Long	5,304	4.6647  GBP
10p ordinary	SWAP	Decreasing Long	8,063	4.6646  GBP
10p ordinary	SWAP	Decreasing Long	24,603	4.6605  GBP
10p ordinary	SWAP	Decreasing Long	27,216	4.6560  GBP
10p ordinary	SWAP	Decreasing Short	3	4.6573  GBP
10p ordinary	SWAP	Decreasing Short	507	4.6692  GBP
10p ordinary	SWAP	Decreasing Short	1,516	4.6635  GBP
10p ordinary	SWAP	Decreasing Short	1,688	4.6572  GBP
10p ordinary	SWAP	Decreasing Short	3,653	4.6614  GBP
10p ordinary	SWAP	Decreasing Short	5,502	4.6650  GBP
10p ordinary	SWAP	Decreasing Short	11,472	4.6602  GBP
10p ordinary	SWAP	Decreasing Short	25,082	4.6581  GBP
10p ordinary	SWAP	Decreasing Short	49,682	4.6560  GBP
10p ordinary	SWAP	Decreasing Short	54,120	4.6560  GBP
10p ordinary	CFD	Increasing Long	2,336	4.6560  GBP
10p ordinary	CFD	Increasing Long	8,267	4.6515  GBP
10p ordinary	CFD	Increasing Long	16,804	4.6610  GBP
10p ordinary	SWAP	Increasing Short	163	4.6550  GBP
10p ordinary	SWAP	Increasing Short	178	4.6720  GBP
10p ordinary	SWAP	Increasing Short	271	4.6647  GBP
10p ordinary	SWAP	Increasing Short	670	4.6655  GBP
10p ordinary	SWAP	Increasing Short	1,012	4.6664  GBP
10p ordinary	SWAP	Increasing Short	1,274	4.6696  GBP
10p ordinary	SWAP	Increasing Short	2,105	4.6562  GBP
10p ordinary	SWAP	Increasing Short	2,716	4.6672  GBP
10p ordinary	SWAP	Increasing Short	11,923	4.6594  GBP
10p ordinary	SWAP	Increasing Short	13,265	4.6601  GBP
10p ordinary	SWAP	Increasing Short	13,714	4.6575  GBP
10p ordinary	SWAP	Increasing Short	16,073	4.6644  GBP
10p ordinary	SWAP	Increasing Short	27,907	4.6600  GBP
10p ordinary	SWAP	Increasing Short	53,509	4.6602  GBP
10p ordinary	SWAP	Opening Short	3,367	4.6645  GBP
10p ordinary	SWAP	Opening Short	3,385	4.6672  GBP
10p ordinary	SWAP	Opening Short	5,226	4.6662  GBP
10p ordinary	SWAP	Opening Short	6,612	4.6647  GBP
10p ordinary	SWAP	Opening Short	7,281	4.6649  GBP
10p ordinary	SWAP	Opening Short	7,362	4.6560  GBP
10p ordinary	SWAP	Opening Short	9,045	4.6613  GBP
10p ordinary	SWAP	Opening Short	11,873	4.6617  GBP
10p ordinary	SWAP	Opening Short	13,685	4.6635  GBP
10p ordinary	SWAP	Opening Short	22,209	4.6577  GBP
10p ordinary	SWAP	Opening Short	25,279	4.6598  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:				10 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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