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

Barclays PLC

11 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:			10 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:				10,482,985	1.08%	5,695,132	0.58%
(2) Cash-settled derivatives:				4,850,430	0.50%	9,095,648	0.93%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,333,415	1.57%	14,790,780	1.52%
(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	1619314	4.7390  GBP	4.5526  GBP
10p ordinary	Sale	920537	4.7394  GBP	4.5550  GBP
ADR	Purchase	1500	11.4900  USD	11.4900  USD
ADR	Sale	1500	11.4900  USD	11.4900  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	120	4.6699  GBP
10p ordinary	CFD	Decreasing Long	969	4.7023  GBP
10p ordinary	CFD	Decreasing Long	1,361	4.6787  GBP
10p ordinary	SWAP	Decreasing Long	3,394	4.5526  GBP
10p ordinary	SWAP	Decreasing Long	4,557	4.6218  GBP
10p ordinary	SWAP	Decreasing Long	5,890	4.7147  GBP
10p ordinary	CFD	Decreasing Long	7,348	4.7146  GBP
10p ordinary	SWAP	Decreasing Long	7,865	4.7015  GBP
10p ordinary	CFD	Decreasing Long	21,015	4.6971  GBP
10p ordinary	SWAP	Decreasing Short	3	4.5590  GBP
10p ordinary	SWAP	Decreasing Short	73	4.5499  GBP
10p ordinary	SWAP	Decreasing Short	147	4.5572  GBP
10p ordinary	SWAP	Decreasing Short	192	4.7099  GBP
10p ordinary	SWAP	Decreasing Short	229	4.7020  GBP
10p ordinary	SWAP	Decreasing Short	277	4.6994  GBP
10p ordinary	SWAP	Decreasing Short	464	4.7190  GBP
10p ordinary	SWAP	Decreasing Short	648	4.5824  GBP
10p ordinary	SWAP	Decreasing Short	650	4.6946  GBP
10p ordinary	SWAP	Decreasing Short	774	4.7049  GBP
10p ordinary	SWAP	Decreasing Short	978	4.5958  GBP
10p ordinary	SWAP	Decreasing Short	1,027	4.5770  GBP
10p ordinary	SWAP	Decreasing Short	1,782	4.6182  GBP
10p ordinary	SWAP	Decreasing Short	8,222	4.6185  GBP
10p ordinary	SWAP	Decreasing Short	10,929	4.6670  GBP
10p ordinary	SWAP	Decreasing Short	16,933	4.5589  GBP
10p ordinary	SWAP	Decreasing Short	47,941	4.5665  GBP
10p ordinary	SWAP	Increasing Long	252	4.7076  GBP
10p ordinary	SWAP	Increasing Long	435	4.7042  GBP
10p ordinary	SWAP	Increasing Long	529	4.7080  GBP
10p ordinary	SWAP	Increasing Long	885	4.7085  GBP
10p ordinary	SWAP	Increasing Long	1,117	4.6993  GBP
10p ordinary	SWAP	Increasing Long	1,233	4.6994  GBP
10p ordinary	SWAP	Increasing Long	1,531	4.7077  GBP
10p ordinary	SWAP	Increasing Long	1,680	4.6995  GBP
10p ordinary	SWAP	Increasing Long	1,985	4.6164  GBP
10p ordinary	SWAP	Increasing Long	2,162	4.7041  GBP
10p ordinary	CFD	Increasing Long	2,469	4.5768  GBP
10p ordinary	CFD	Increasing Long	3,424	4.6784  GBP
10p ordinary	SWAP	Increasing Long	3,450	4.6910  GBP
10p ordinary	SWAP	Increasing Long	7,982	4.7015  GBP
10p ordinary	SWAP	Increasing Long	8,685	4.6912  GBP
10p ordinary	CFD	Increasing Long	18,950	4.7094  GBP
10p ordinary	CFD	Increasing Long	25,763	4.5586  GBP
10p ordinary	SWAP	Increasing Long	69,248	4.6960  GBP
10p ordinary	SWAP	Increasing Short	179	4.5640  GBP
10p ordinary	SWAP	Increasing Short	238	4.7040  GBP
10p ordinary	SWAP	Increasing Short	262	4.5679  GBP
10p ordinary	SWAP	Increasing Short	572	4.6306  GBP
10p ordinary	SWAP	Increasing Short	670	4.6972  GBP
10p ordinary	SWAP	Increasing Short	833	4.5647  GBP
10p ordinary	SWAP	Increasing Short	1,149	4.6151  GBP
10p ordinary	SWAP	Increasing Short	1,898	4.5731  GBP
10p ordinary	SWAP	Increasing Short	2,192	4.6187  GBP
10p ordinary	SWAP	Increasing Short	2,274	4.6864  GBP
10p ordinary	SWAP	Increasing Short	2,854	4.6746  GBP
10p ordinary	SWAP	Increasing Short	2,896	4.5592  GBP
10p ordinary	SWAP	Increasing Short	3,284	4.6521  GBP
10p ordinary	SWAP	Increasing Short	3,599	4.6489  GBP
10p ordinary	SWAP	Increasing Short	5,961	4.6549  GBP
10p ordinary	SWAP	Increasing Short	6,407	4.5967  GBP
10p ordinary	SWAP	Increasing Short	8,789	4.6479  GBP
10p ordinary	SWAP	Increasing Short	10,623	4.6145  GBP
10p ordinary	SWAP	Increasing Short	26,870	4.6034  GBP
10p ordinary	SWAP	Increasing Short	31,794	4.6457  GBP
10p ordinary	SWAP	Increasing Short	34,674	4.6255  GBP
10p ordinary	SWAP	Increasing Short	47,327	4.6548  GBP
10p ordinary	SWAP	Increasing Short	51,038	4.6254  GBP
10p ordinary	SWAP	Increasing Short	73,941	4.6212  GBP
10p ordinary	SWAP	Increasing Short	83,037	4.6494  GBP
10p ordinary	SWAP	Increasing Short	169,146	4.5590  GBP
10p ordinary	SWAP	Increasing Short	286,591	4.6761  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:				11 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END