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

Barclays PLC

19 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:			18 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:				12,134,130	1.25%	6,852,557	0.70%
(2) Cash-settled derivatives:				5,923,795	0.61%	10,719,431	1.10%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				18,057,925	1.85%	17,571,988	1.80%
(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	732846	4.4792  GBP	4.4310  GBP
10p ordinary	Sale	368005	4.4940  GBP	4.4277  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Long	1	4.4600  GBP
10p ordinary	CFD	Decreasing Long	523	4.4630  GBP
10p ordinary	SWAP	Decreasing Long	741	4.4755  GBP
10p ordinary	CFD	Decreasing Long	963	4.4644  GBP
10p ordinary	CFD	Decreasing Long	1,181	4.4792  GBP
10p ordinary	CFD	Decreasing Long	9,879	4.4639  GBP
10p ordinary	SWAP	Decreasing Short	214	4.4469  GBP
10p ordinary	SWAP	Decreasing Short	264	4.4659  GBP
10p ordinary	SWAP	Decreasing Short	380	4.4661  GBP
10p ordinary	SWAP	Decreasing Short	962	4.4603  GBP
10p ordinary	SWAP	Decreasing Short	1,063	4.4540  GBP
10p ordinary	SWAP	Decreasing Short	1,323	4.4624  GBP
10p ordinary	SWAP	Decreasing Short	1,561	4.4651  GBP
10p ordinary	SWAP	Decreasing Short	1,843	4.4622  GBP
10p ordinary	SWAP	Decreasing Short	2,141	4.4637  GBP
10p ordinary	SWAP	Decreasing Short	3,217	4.4628  GBP
10p ordinary	SWAP	Decreasing Short	5,057	4.4594  GBP
10p ordinary	SWAP	Decreasing Short	14,071	4.4680  GBP
10p ordinary	SWAP	Decreasing Short	16,779	4.4277  GBP
10p ordinary	SWAP	Decreasing Short	29,370	4.4596  GBP
10p ordinary	SWAP	Decreasing Short	69,441	4.4629  GBP
10p ordinary	CFD	Increasing Long	15	4.4633  GBP
10p ordinary	CFD	Increasing Long	1,839	4.4630  GBP
10p ordinary	CFD	Increasing Long	9,729	4.4678  GBP
10p ordinary	SWAP	Increasing Short	92	4.4600  GBP
10p ordinary	SWAP	Increasing Short	115	4.4635  GBP
10p ordinary	SWAP	Increasing Short	307	4.4640  GBP
10p ordinary	SWAP	Increasing Short	631	4.4270  GBP
10p ordinary	SWAP	Increasing Short	694	4.4675  GBP
10p ordinary	SWAP	Increasing Short	1,087	4.4652  GBP
10p ordinary	SWAP	Increasing Short	1,270	4.4659  GBP
10p ordinary	SWAP	Increasing Short	6,876	4.4630  GBP
10p ordinary	SWAP	Increasing Short	37,404	4.4626  GBP
10p ordinary	SWAP	Increasing Short	39,000	4.4621  GBP
10p ordinary	SWAP	Increasing Short	46,655	4.4659  GBP
10p ordinary	SWAP	Increasing Short	104,864	4.4664  GBP
10p ordinary	SWAP	Increasing Short	246,410	4.4630  GBP
10p ordinary	SWAP	Opening Short	494	4.4443  GBP
10p ordinary	SWAP	Opening Short	8,487	4.4632  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:				19 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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