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

Barclays PLC

23 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:			22 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:				12,926,609	1.33%	7,206,599	0.74%
(2) Cash-settled derivatives:				5,858,857	0.60%	11,483,181	1.18%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				18,785,466	1.93%	18,689,780	1.92%
(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	894212	4.5600  GBP	4.4630  GBP
10p ordinary	Sale	874825	4.5600  GBP	4.4666  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	Decreasing Long	3	4.5473  GBP
10p ordinary	SWAP	Decreasing Long	16	4.5141  GBP
10p ordinary	SWAP	Decreasing Long	65	4.5337  GBP
10p ordinary	SWAP	Decreasing Long	79	4.5113  GBP
10p ordinary	SWAP	Decreasing Long	92	4.5160  GBP
10p ordinary	SWAP	Decreasing Long	116	4.5180  GBP
10p ordinary	SWAP	Decreasing Long	123	4.5085  GBP
10p ordinary	SWAP	Decreasing Long	206	4.5018  GBP
10p ordinary	SWAP	Decreasing Long	251	4.4977  GBP
10p ordinary	SWAP	Decreasing Long	1,202	4.5009  GBP
10p ordinary	CFD	Decreasing Long	1,979	4.4613  GBP
10p ordinary	CFD	Decreasing Long	34,181	4.4799  GBP
10p ordinary	CFD	Decreasing Long	48,468	4.4943  GBP
10p ordinary	SWAP	Decreasing Short	356	4.4610  GBP
10p ordinary	SWAP	Decreasing Short	578	4.5090  GBP
10p ordinary	SWAP	Decreasing Short	1,907	4.4965  GBP
10p ordinary	SWAP	Decreasing Short	3,738	4.5161  GBP
10p ordinary	SWAP	Decreasing Short	3,752	4.5087  GBP
10p ordinary	SWAP	Decreasing Short	7,338	4.4931  GBP
10p ordinary	SWAP	Decreasing Short	10,223	4.5179  GBP
10p ordinary	SWAP	Decreasing Short	13,734	4.5354  GBP
10p ordinary	SWAP	Decreasing Short	17,565	4.5038  GBP
10p ordinary	SWAP	Decreasing Short	17,884	4.5371  GBP
10p ordinary	SWAP	Decreasing Short	18,329	4.5146  GBP
10p ordinary	SWAP	Decreasing Short	57,109	4.5258  GBP
10p ordinary	CFD	Increasing Long	3,475	4.4606  GBP
10p ordinary	CFD	Increasing Long	16,240	4.5023  GBP
10p ordinary	CFD	Increasing Long	21,500	4.5176  GBP
10p ordinary	CFD	Increasing Long	46,888	4.5008  GBP
10p ordinary	SWAP	Increasing Short	595	4.4660  GBP
10p ordinary	SWAP	Increasing Short	692	4.5130  GBP
10p ordinary	SWAP	Increasing Short	1,436	4.4875  GBP
10p ordinary	SWAP	Increasing Short	1,990	4.5201  GBP
10p ordinary	SWAP	Increasing Short	4,441	4.5283  GBP
10p ordinary	SWAP	Increasing Short	4,622	4.5248  GBP
10p ordinary	SWAP	Increasing Short	4,639	4.5276  GBP
10p ordinary	SWAP	Increasing Short	9,622	4.5295  GBP
10p ordinary	SWAP	Increasing Short	12,437	4.5038  GBP
10p ordinary	SWAP	Increasing Short	19,950	4.5282  GBP
10p ordinary	SWAP	Increasing Short	25,197	4.5164  GBP
10p ordinary	SWAP	Increasing Short	26,528	4.5005  GBP
10p ordinary	SWAP	Increasing Short	27,600	4.5548  GBP
10p ordinary	SWAP	Increasing Short	34,838	4.5180  GBP
10p ordinary	SWAP	Increasing Short	36,351	4.5153  GBP
10p ordinary	SWAP	Increasing Short	57,096	4.5135  GBP
10p ordinary	SWAP	Opening Short	246	4.5136  GBP
10p ordinary	SWAP	Opening Short	5,980	4.5182  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:				23 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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