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

Barclays PLC

16 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:			15 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:				10,850,878	1.11%	6,720,531	0.69%
(2) Cash-settled derivatives:				5,875,285	0.60%	9,516,049	0.98%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,726,163	1.72%	16,236,580	1.67%
(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	1045018	4.6550  GBP	4.5816  GBP
10p ordinary	Sale	1639048	4.6540  GBP	4.5816  GBP
ADR	Purchase	500	11.4700  USD	11.4700  USD
ADR	Sale	500	11.4700  USD	11.4700  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 Long	347	4.6112  GBP
10p ordinary	CFD	Decreasing Long	731	4.5833  GBP
10p ordinary	CFD	Decreasing Long	3,710	4.6067  GBP
10p ordinary	CFD	Decreasing Long	4,028	4.5838  GBP
10p ordinary	CFD	Decreasing Long	13,857	4.6141  GBP
10p ordinary	SWAP	Decreasing Long	17,005	4.6188  GBP
10p ordinary	SWAP	Decreasing Long	50,595	4.6405  GBP
10p ordinary	SWAP	Decreasing Short	135	4.5874  GBP
10p ordinary	SWAP	Decreasing Short	293	4.6213  GBP
10p ordinary	SWAP	Decreasing Short	296	4.6110  GBP
10p ordinary	SWAP	Decreasing Short	2,698	4.6107  GBP
10p ordinary	SWAP	Decreasing Short	2,849	4.6222  GBP
10p ordinary	SWAP	Decreasing Short	3,031	4.6186  GBP
10p ordinary	SWAP	Decreasing Short	3,064	4.6334  GBP
10p ordinary	SWAP	Decreasing Short	10,783	4.6290  GBP
10p ordinary	SWAP	Decreasing Short	13,767	4.6272  GBP
10p ordinary	SWAP	Decreasing Short	14,439	4.6198  GBP
10p ordinary	SWAP	Decreasing Short	26,016	4.6180  GBP
10p ordinary	SWAP	Decreasing Short	35,280	4.5826  GBP
10p ordinary	SWAP	Decreasing Short	36,931	4.5850  GBP
10p ordinary	SWAP	Decreasing Short	89,753	4.5829  GBP
10p ordinary	CFD	Increasing Long	1,231	4.6146  GBP
10p ordinary	CFD	Increasing Long	1,591	4.5945  GBP
10p ordinary	CFD	Increasing Long	7,415	4.5874  GBP
10p ordinary	CFD	Increasing Long	8,158	4.6154  GBP
10p ordinary	CFD	Increasing Long	8,883	4.6235  GBP
10p ordinary	SWAP	Increasing Long	602,600	4.5940  GBP
10p ordinary	SWAP	Increasing Short	312	4.6189  GBP
10p ordinary	SWAP	Increasing Short	349	4.5890  GBP
10p ordinary	SWAP	Increasing Short	420	4.6318  GBP
10p ordinary	SWAP	Increasing Short	512	4.5978  GBP
10p ordinary	SWAP	Increasing Short	750	4.6114  GBP
10p ordinary	SWAP	Increasing Short	764	4.6083  GBP
10p ordinary	SWAP	Increasing Short	1,276	4.6058  GBP
10p ordinary	SWAP	Increasing Short	1,335	4.5871  GBP
10p ordinary	SWAP	Increasing Short	2,280	4.6048  GBP
10p ordinary	SWAP	Increasing Short	2,343	4.6049  GBP
10p ordinary	SWAP	Increasing Short	2,454	4.6116  GBP
10p ordinary	SWAP	Increasing Short	2,629	4.6222  GBP
10p ordinary	SWAP	Increasing Short	3,793	4.5869  GBP
10p ordinary	SWAP	Increasing Short	5,980	4.5964  GBP
10p ordinary	SWAP	Increasing Short	7,753	4.5968  GBP
10p ordinary	SWAP	Increasing Short	10,277	4.5830  GBP
10p ordinary	SWAP	Increasing Short	13,029	4.6041  GBP
10p ordinary	SWAP	Increasing Short	54,499	4.5830  GBP
10p ordinary	SWAP	Increasing Short	83,601	4.6116  GBP
10p ordinary	SWAP	Opening Short	2	4.5850  GBP
10p ordinary	SWAP	Opening Short	6	4.6000  GBP
10p ordinary	SWAP	Opening Short	104	4.5832  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:				16 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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