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

Barclays PLC

01 May 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:			30 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:				13,882,205	1.42%	6,147,657	0.63%
(2) Cash-settled derivatives:				5,248,963	0.54%	12,480,944	1.28%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,131,168	1.96%	18,628,601	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	862713	4.5985  GBP	4.5430  GBP
10p ordinary	Sale	993690	4.5969  GBP	4.5443  GBP
ADR	Purchase	660	11.4400  USD	11.4400  USD
ADR	Sale	660	11.4400  USD	11.4400  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	Decreasing Long	4	4.5584  GBP
10p ordinary	SWAP	Decreasing Long	6	4.5655  GBP
10p ordinary	SWAP	Decreasing Long	10	4.5653  GBP
10p ordinary	SWAP	Decreasing Long	27	4.5675  GBP
10p ordinary	SWAP	Decreasing Long	48	4.5446  GBP
10p ordinary	SWAP	Decreasing Long	103	4.5608  GBP
10p ordinary	CFD	Decreasing Long	124	4.5820  GBP
10p ordinary	SWAP	Decreasing Long	165	4.5889  GBP
10p ordinary	SWAP	Decreasing Long	168	4.5500  GBP
10p ordinary	SWAP	Decreasing Long	258	4.5674  GBP
10p ordinary	SWAP	Decreasing Long	438	4.5452  GBP
10p ordinary	SWAP	Decreasing Long	547	4.5877  GBP
10p ordinary	SWAP	Decreasing Long	634	4.5437  GBP
10p ordinary	SWAP	Decreasing Long	902	4.5662  GBP
10p ordinary	SWAP	Decreasing Long	976	4.5587  GBP
10p ordinary	SWAP	Decreasing Long	1,053	4.5764  GBP
10p ordinary	SWAP	Decreasing Long	1,114	4.5805  GBP
10p ordinary	SWAP	Decreasing Long	1,846	4.5445  GBP
10p ordinary	CFD	Decreasing Long	2,087	4.5546  GBP
10p ordinary	SWAP	Decreasing Long	2,688	4.5841  GBP
10p ordinary	SWAP	Decreasing Long	3,426	4.5580  GBP
10p ordinary	SWAP	Decreasing Long	3,757	4.5796  GBP
10p ordinary	SWAP	Decreasing Long	7,420	4.5706  GBP
10p ordinary	SWAP	Decreasing Long	8,430	4.5836  GBP
10p ordinary	SWAP	Decreasing Long	11,401	4.5470  GBP
10p ordinary	CFD	Decreasing Long	16,026	4.5469  GBP
10p ordinary	SWAP	Decreasing Long	25,804	4.5690  GBP
10p ordinary	CFD	Decreasing Long	32,142	4.5879  GBP
10p ordinary	SWAP	Decreasing Short	253	4.5688  GBP
10p ordinary	SWAP	Decreasing Short	427	4.5705  GBP
10p ordinary	SWAP	Decreasing Short	547	4.5689  GBP
10p ordinary	SWAP	Decreasing Short	913	4.5706  GBP
10p ordinary	SWAP	Decreasing Short	1,080	4.5891  GBP
10p ordinary	SWAP	Decreasing Short	1,491	4.5643  GBP
10p ordinary	SWAP	Decreasing Short	1,672	4.5622  GBP
10p ordinary	SWAP	Decreasing Short	1,689	4.5697  GBP
10p ordinary	SWAP	Decreasing Short	2,511	4.5759  GBP
10p ordinary	SWAP	Decreasing Short	4,342	4.5565  GBP
10p ordinary	SWAP	Decreasing Short	5,363	4.5604  GBP
10p ordinary	SWAP	Decreasing Short	6,456	4.5709  GBP
10p ordinary	SWAP	Decreasing Short	7,009	4.5655  GBP
10p ordinary	SWAP	Decreasing Short	7,584	4.5623  GBP
10p ordinary	SWAP	Decreasing Short	11,121	4.5443  GBP
10p ordinary	SWAP	Decreasing Short	11,227	4.5674  GBP
10p ordinary	SWAP	Decreasing Short	11,783	4.5593  GBP
10p ordinary	SWAP	Decreasing Short	12,037	4.5649  GBP
10p ordinary	SWAP	Decreasing Short	16,119	4.5728  GBP
10p ordinary	SWAP	Decreasing Short	18,702	4.5661  GBP
10p ordinary	SWAP	Decreasing Short	18,721	4.5667  GBP
10p ordinary	SWAP	Decreasing Short	29,267	4.5607  GBP
10p ordinary	SWAP	Decreasing Short	30,040	4.5503  GBP
10p ordinary	SWAP	Decreasing Short	30,196	4.5473  GBP
10p ordinary	SWAP	Decreasing Short	38,798	4.5470  GBP
10p ordinary	SWAP	Decreasing Short	48,493	4.5645  GBP
10p ordinary	CFD	Increasing Long	115	4.5615  GBP
10p ordinary	CFD	Increasing Long	562	4.5470  GBP
10p ordinary	CFD	Increasing Long	839	4.5929  GBP
10p ordinary	CFD	Increasing Long	1,427	4.5866  GBP
10p ordinary	CFD	Increasing Long	9,597	4.5857  GBP
10p ordinary	CFD	Increasing Long	9,950	4.5645  GBP
10p ordinary	CFD	Increasing Long	13,447	4.5832  GBP
10p ordinary	CFD	Increasing Long	20,838	4.5752  GBP
10p ordinary	CFD	Increasing Long	33,320	4.5469  GBP
10p ordinary	SWAP	Increasing Short	34	4.5408  GBP
10p ordinary	SWAP	Increasing Short	84	4.5426  GBP
10p ordinary	SWAP	Increasing Short	165	4.5740  GBP
10p ordinary	SWAP	Increasing Short	246	4.5417  GBP
10p ordinary	SWAP	Increasing Short	907	4.5973  GBP
10p ordinary	SWAP	Increasing Short	2,809	4.5773  GBP
10p ordinary	SWAP	Increasing Short	3,959	4.5554  GBP
10p ordinary	SWAP	Increasing Short	4,585	4.5739  GBP
10p ordinary	SWAP	Increasing Short	4,898	4.5454  GBP
10p ordinary	SWAP	Increasing Short	7,065	4.5689  GBP
10p ordinary	SWAP	Increasing Short	13,152	4.5459  GBP
10p ordinary	SWAP	Increasing Short	23,362	4.5916  GBP
10p ordinary	SWAP	Increasing Short	28,255	4.5520  GBP
10p ordinary	SWAP	Increasing Short	41,004	4.5470  GBP
10p ordinary	SWAP	Opening Short	1,759	4.5652  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:				01 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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