Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

24 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:			23 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:				13,172,463	1.35%	6,879,775	0.71%
(2) Cash-settled derivatives:				5,924,615	0.61%	11,750,754	1.21%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,097,078	1.96%	18,630,529	1.91%
(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	1957337	4.5710  GBP	4.5161  GBP
10p ordinary	Sale	1764044	4.5716  GBP	4.5177  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	25	4.5631  GBP
10p ordinary	SWAP	Decreasing Long	32	4.5561  GBP
10p ordinary	SWAP	Decreasing Long	93	4.5494  GBP
10p ordinary	SWAP	Decreasing Long	117	4.5425  GBP
10p ordinary	CFD	Decreasing Long	260	4.5673  GBP
10p ordinary	SWAP	Decreasing Long	300	4.5443  GBP
10p ordinary	SWAP	Decreasing Long	522	4.5710  GBP
10p ordinary	SWAP	Decreasing Long	1,107	4.5600  GBP
10p ordinary	CFD	Decreasing Long	3,575	4.5269  GBP
10p ordinary	CFD	Decreasing Long	11,318	4.5671  GBP
10p ordinary	CFD	Decreasing Long	12,699	4.5710  GBP
10p ordinary	SWAP	Decreasing Short	12	4.5619  GBP
10p ordinary	SWAP	Decreasing Short	159	4.5629  GBP
10p ordinary	SWAP	Decreasing Short	300	4.5513  GBP
10p ordinary	SWAP	Decreasing Short	598	4.5360  GBP
10p ordinary	SWAP	Decreasing Short	914	4.5178  GBP
10p ordinary	SWAP	Decreasing Short	1,441	4.5248  GBP
10p ordinary	SWAP	Decreasing Short	3,396	4.5545  GBP
10p ordinary	SWAP	Decreasing Short	9,245	4.5560  GBP
10p ordinary	SWAP	Decreasing Short	11,700	4.5710  GBP
10p ordinary	SWAP	Decreasing Short	19,982	4.5709  GBP
10p ordinary	SWAP	Decreasing Short	23,312	4.5343  GBP
10p ordinary	SWAP	Decreasing Short	89,548	4.5691  GBP
10p ordinary	SWAP	Decreasing Short	148,034	4.5378  GBP
10p ordinary	CFD	Increasing Long	4	4.5700  GBP
10p ordinary	CFD	Increasing Long	821	4.5709  GBP
10p ordinary	CFD	Increasing Long	3,597	4.5357  GBP
10p ordinary	CFD	Increasing Long	14,462	4.5488  GBP
10p ordinary	CFD	Increasing Long	19,596	4.5177  GBP
10p ordinary	CFD	Increasing Long	27,148	4.5706  GBP
10p ordinary	CFD	Increasing Long	30,178	4.5381  GBP
10p ordinary	SWAP	Increasing Short	69	4.5481  GBP
10p ordinary	SWAP	Increasing Short	396	4.5370  GBP
10p ordinary	SWAP	Increasing Short	940	4.5712  GBP
10p ordinary	SWAP	Increasing Short	2,073	4.5361  GBP
10p ordinary	SWAP	Increasing Short	2,166	4.5437  GBP
10p ordinary	SWAP	Increasing Short	2,248	4.5295  GBP
10p ordinary	SWAP	Increasing Short	2,359	4.5361  GBP
10p ordinary	SWAP	Increasing Short	5,551	4.5161  GBP
10p ordinary	SWAP	Increasing Short	7,438	4.5692  GBP
10p ordinary	SWAP	Increasing Short	9,783	4.5373  GBP
10p ordinary	SWAP	Increasing Short	10,180	4.5446  GBP
10p ordinary	SWAP	Increasing Short	11,442	4.5261  GBP
10p ordinary	SWAP	Increasing Short	12,622	4.5473  GBP
10p ordinary	SWAP	Increasing Short	14,657	4.5337  GBP
10p ordinary	SWAP	Increasing Short	17,712	4.5378  GBP
10p ordinary	SWAP	Increasing Short	20,129	4.5710  GBP
10p ordinary	SWAP	Increasing Short	20,613	4.5454  GBP
10p ordinary	SWAP	Increasing Short	22,016	4.5305  GBP
10p ordinary	SWAP	Increasing Short	24,954	4.5222  GBP
10p ordinary	SWAP	Increasing Short	27,555	4.5288  GBP
10p ordinary	SWAP	Increasing Short	29,977	4.5707  GBP
10p ordinary	SWAP	Increasing Short	43,402	4.5572  GBP
10p ordinary	SWAP	Increasing Short	44,216	4.5426  GBP
10p ordinary	SWAP	Increasing Short	51,793	4.5492  GBP
10p ordinary	SWAP	Increasing Short	57,923	4.5321  GBP
10p ordinary	SWAP	Increasing Short	124,000	4.5515  GBP
10p ordinary	SWAP	Opening Short	6,000	4.5705  GBP
10p ordinary	SWAP	Opening Short	16,000	4.5616  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:				24 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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