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

Barclays PLC

12 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:			11 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:				10,526,589	1.08%	5,634,527	0.58%
(2) Cash-settled derivatives:				4,788,250	0.49%	9,138,696	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,314,839	1.57%	14,773,223	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	765159	4.5615  GBP	4.5180  GBP
10p ordinary	Sale	660661	4.5521  GBP	4.5220  GBP
ADR	Purchase	1302	11.3260  USD	11.3193  USD
ADR	Sale	1302	11.3260  USD	11.3193  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	66	4.5344  GBP
10p ordinary	SWAP	Decreasing Long	102	4.5450  GBP
10p ordinary	SWAP	Decreasing Long	586	4.5410  GBP
10p ordinary	CFD	Decreasing Long	854	4.5217  GBP
10p ordinary	CFD	Decreasing Long	20,350	4.5348  GBP
10p ordinary	SWAP	Decreasing Long	23,400	4.5619  GBP
10p ordinary	CFD	Decreasing Long	63,131	4.5300  GBP
10p ordinary	SWAP	Decreasing Short	24	4.5479  GBP
10p ordinary	SWAP	Decreasing Short	394	4.5449  GBP
10p ordinary	SWAP	Decreasing Short	712	4.5403  GBP
10p ordinary	SWAP	Decreasing Short	768	4.5290  GBP
10p ordinary	SWAP	Decreasing Short	1,032	4.5439  GBP
10p ordinary	SWAP	Decreasing Short	1,182	4.5344  GBP
10p ordinary	SWAP	Decreasing Short	2,931	4.5361  GBP
10p ordinary	SWAP	Decreasing Short	3,191	4.5424  GBP
10p ordinary	SWAP	Decreasing Short	4,405	4.5442  GBP
10p ordinary	SWAP	Decreasing Short	4,540	4.5504  GBP
10p ordinary	SWAP	Decreasing Short	5,500	4.5396  GBP
10p ordinary	SWAP	Decreasing Short	9,982	4.5441  GBP
10p ordinary	SWAP	Decreasing Short	12,303	4.5432  GBP
10p ordinary	SWAP	Decreasing Short	17,400	4.5455  GBP
10p ordinary	SWAP	Decreasing Short	24,635	4.5412  GBP
10p ordinary	SWAP	Decreasing Short	29,218	4.5498  GBP
10p ordinary	SWAP	Decreasing Short	32,931	4.5301  GBP
10p ordinary	SWAP	Decreasing Short	55,726	4.5497  GBP
10p ordinary	CFD	Increasing Long	400	4.5306  GBP
10p ordinary	CFD	Increasing Long	1,100	4.5300  GBP
10p ordinary	CFD	Increasing Long	2,217	4.5413  GBP
10p ordinary	CFD	Increasing Long	2,592	4.5283  GBP
10p ordinary	CFD	Increasing Long	10,359	4.5308  GBP
10p ordinary	CFD	Increasing Long	52,387	4.5420  GBP
10p ordinary	SWAP	Increasing Short	27	4.5288  GBP
10p ordinary	SWAP	Increasing Short	89	4.5280  GBP
10p ordinary	SWAP	Increasing Short	247	4.5230  GBP
10p ordinary	SWAP	Increasing Short	482	4.5302  GBP
10p ordinary	SWAP	Increasing Short	571	4.5490  GBP
10p ordinary	SWAP	Increasing Short	820	4.5609  GBP
10p ordinary	SWAP	Increasing Short	957	4.5395  GBP
10p ordinary	SWAP	Increasing Short	1,235	4.5491  GBP
10p ordinary	SWAP	Increasing Short	1,325	4.5356  GBP
10p ordinary	SWAP	Increasing Short	1,546	4.5392  GBP
10p ordinary	SWAP	Increasing Short	2,087	4.5337  GBP
10p ordinary	SWAP	Increasing Short	2,179	4.5373  GBP
10p ordinary	SWAP	Increasing Short	2,467	4.5416  GBP
10p ordinary	SWAP	Increasing Short	2,893	4.5384  GBP
10p ordinary	SWAP	Increasing Short	4,007	4.5342  GBP
10p ordinary	SWAP	Increasing Short	6,449	4.5283  GBP
10p ordinary	SWAP	Increasing Short	8,374	4.5267  GBP
10p ordinary	SWAP	Increasing Short	10,694	4.5304  GBP
10p ordinary	SWAP	Increasing Short	11,822	4.5308  GBP
10p ordinary	SWAP	Increasing Short	29,730	4.5448  GBP
10p ordinary	SWAP	Increasing Short	39,690	4.5322  GBP
10p ordinary	SWAP	Increasing Short	42,295	4.5299  GBP
10p ordinary	SWAP	Increasing Short	79,936	4.5300  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:				12 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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