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

Barclays PLC

25 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:			24 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:				13,690,526	1.40%	6,702,734	0.69%
(2) Cash-settled derivatives:				5,750,609	0.59%	12,247,015	1.26%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,441,135	1.99%	18,949,749	1.94%
(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	1441476	4.5830  GBP	4.4870  GBP
10p ordinary	Sale	746405	4.5830  GBP	4.4870  GBP
ADR	Purchase	746	11.2700  USD	11.2100  USD
ADR	Sale	746	11.2700  USD	11.2100  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 Short	561	4.5307  GBP
10p ordinary	SWAP	Closing Short	10,000	4.5457  GBP
10p ordinary	SWAP	Closing Short	12,646	4.4922  GBP
10p ordinary	SWAP	Closing Short	20,442	4.4920  GBP
10p ordinary	SWAP	Decreasing Long	2	4.4874  GBP
10p ordinary	SWAP	Decreasing Long	9	4.5340  GBP
10p ordinary	SWAP	Decreasing Long	11	4.5394  GBP
10p ordinary	SWAP	Decreasing Long	11	4.5274  GBP
10p ordinary	CFD	Decreasing Long	34	4.5829  GBP
10p ordinary	SWAP	Decreasing Long	50	4.5363  GBP
10p ordinary	SWAP	Decreasing Long	53	4.5545  GBP
10p ordinary	SWAP	Decreasing Long	72	4.5436  GBP
10p ordinary	SWAP	Decreasing Long	90	4.5022  GBP
10p ordinary	SWAP	Decreasing Long	150	4.5193  GBP
10p ordinary	SWAP	Decreasing Long	206	4.5487  GBP
10p ordinary	SWAP	Decreasing Long	340	4.5430  GBP
10p ordinary	SWAP	Decreasing Long	380	4.5419  GBP
10p ordinary	SWAP	Decreasing Long	561	4.5078  GBP
10p ordinary	SWAP	Decreasing Long	573	4.5426  GBP
10p ordinary	CFD	Decreasing Long	800	4.5471  GBP
10p ordinary	SWAP	Decreasing Long	933	4.5435  GBP
10p ordinary	SWAP	Decreasing Long	997	4.5422  GBP
10p ordinary	SWAP	Decreasing Long	1,324	4.5476  GBP
10p ordinary	CFD	Decreasing Long	1,388	4.5525  GBP
10p ordinary	SWAP	Decreasing Long	7,902	4.5054  GBP
10p ordinary	CFD	Decreasing Long	12,569	4.4923  GBP
10p ordinary	CFD	Decreasing Long	20,477	4.4920  GBP
10p ordinary	CFD	Decreasing Long	29,904	4.5698  GBP
10p ordinary	SWAP	Decreasing Long	46,577	4.5144  GBP
10p ordinary	SWAP	Decreasing Long	90,378	4.4920  GBP
10p ordinary	SWAP	Decreasing Short	207	4.5490  GBP
10p ordinary	SWAP	Decreasing Short	282	4.5360  GBP
10p ordinary	SWAP	Decreasing Short	485	4.5338  GBP
10p ordinary	SWAP	Decreasing Short	507	4.4884  GBP
10p ordinary	SWAP	Decreasing Short	751	4.5425  GBP
10p ordinary	SWAP	Decreasing Short	1,029	4.5486  GBP
10p ordinary	SWAP	Decreasing Short	1,541	4.5459  GBP
10p ordinary	SWAP	Decreasing Short	4,733	4.5521  GBP
10p ordinary	SWAP	Decreasing Short	5,576	4.5460  GBP
10p ordinary	SWAP	Decreasing Short	7,353	4.5328  GBP
10p ordinary	SWAP	Decreasing Short	12,933	4.4915  GBP
10p ordinary	SWAP	Decreasing Short	18,059	4.4901  GBP
10p ordinary	SWAP	Decreasing Short	31,152	4.4959  GBP
10p ordinary	SWAP	Decreasing Short	36,930	4.5470  GBP
10p ordinary	CFD	Increasing Long	399	4.5542  GBP
10p ordinary	CFD	Increasing Long	754	4.4916  GBP
10p ordinary	CFD	Increasing Long	1,781	4.4920  GBP
10p ordinary	CFD	Increasing Long	38,851	4.5463  GBP
10p ordinary	SWAP	Increasing Short	550	4.5390  GBP
10p ordinary	CFD	Increasing Short	630	4.5156  GBP
10p ordinary	SWAP	Increasing Short	751	4.5360  GBP
10p ordinary	SWAP	Increasing Short	1,335	4.5293  GBP
10p ordinary	SWAP	Increasing Short	1,904	4.5329  GBP
10p ordinary	SWAP	Increasing Short	2,079	4.5013  GBP
10p ordinary	SWAP	Increasing Short	2,259	4.5367  GBP
10p ordinary	SWAP	Increasing Short	2,702	4.5163  GBP
10p ordinary	SWAP	Increasing Short	3,712	4.5283  GBP
10p ordinary	SWAP	Increasing Short	4,691	4.5229  GBP
10p ordinary	SWAP	Increasing Short	11,319	4.5210  GBP
10p ordinary	SWAP	Increasing Short	13,402	4.5024  GBP
10p ordinary	SWAP	Increasing Short	15,138	4.5151  GBP
10p ordinary	SWAP	Increasing Short	16,607	4.5419  GBP
10p ordinary	SWAP	Increasing Short	21,295	4.5295  GBP
10p ordinary	SWAP	Increasing Short	23,523	4.5082  GBP
10p ordinary	SWAP	Increasing Short	31,003	4.5208  GBP
10p ordinary	SWAP	Increasing Short	39,249	4.5413  GBP
10p ordinary	SWAP	Increasing Short	40,877	4.4987  GBP
10p ordinary	SWAP	Increasing Short	49,119	4.5131  GBP
10p ordinary	SWAP	Increasing Short	55,328	4.4926  GBP
10p ordinary	SWAP	Increasing Short	71,430	4.5048  GBP
10p ordinary	SWAP	Increasing Short	226,131	4.4920  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:				25 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END