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

Barclays PLC

03 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:			02 May 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:				13,818,056	1.42%	6,102,166	0.63%
(2) Cash-settled derivatives:				5,197,524	0.53%	12,406,498	1.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,015,580	1.95%	18,508,664	1.90%
(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	528328	4.6070  GBP	4.5693  GBP
10p ordinary	Sale	594036	4.6070  GBP	4.5740  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	24	4.5894  GBP
10p ordinary	SWAP	Decreasing Long	50	4.5904  GBP
10p ordinary	SWAP	Decreasing Long	53	4.6043  GBP
10p ordinary	SWAP	Decreasing Long	104	4.5933  GBP
10p ordinary	SWAP	Decreasing Long	184	4.5964  GBP
10p ordinary	SWAP	Decreasing Long	261	4.6040  GBP
10p ordinary	SWAP	Decreasing Long	379	4.5954  GBP
10p ordinary	SWAP	Decreasing Long	477	4.5907  GBP
10p ordinary	SWAP	Decreasing Long	530	4.5938  GBP
10p ordinary	SWAP	Decreasing Long	735	4.5988  GBP
10p ordinary	SWAP	Decreasing Long	761	4.5772  GBP
10p ordinary	SWAP	Decreasing Long	1,517	4.5922  GBP
10p ordinary	SWAP	Decreasing Long	1,865	4.5957  GBP
10p ordinary	SWAP	Decreasing Long	2,816	4.5995  GBP
10p ordinary	SWAP	Decreasing Long	6,764	4.5944  GBP
10p ordinary	CFD	Decreasing Long	7,829	4.5926  GBP
10p ordinary	SWAP	Decreasing Long	19,350	4.6030  GBP
10p ordinary	CFD	Decreasing Long	23,193	4.5964  GBP
10p ordinary	CFD	Decreasing Long	24,387	4.6029  GBP
10p ordinary	SWAP	Decreasing Short	33	4.5910  GBP
10p ordinary	SWAP	Decreasing Short	127	4.5957  GBP
10p ordinary	SWAP	Decreasing Short	335	4.5933  GBP
10p ordinary	SWAP	Decreasing Short	554	4.5915  GBP
10p ordinary	SWAP	Decreasing Short	716	4.5865  GBP
10p ordinary	SWAP	Decreasing Short	796	4.5969  GBP
10p ordinary	SWAP	Decreasing Short	1,606	4.5971  GBP
10p ordinary	SWAP	Decreasing Short	1,929	4.5985  GBP
10p ordinary	SWAP	Decreasing Short	1,932	4.5915  GBP
10p ordinary	SWAP	Decreasing Short	2,028	4.5930  GBP
10p ordinary	SWAP	Decreasing Short	2,392	4.6029  GBP
10p ordinary	SWAP	Decreasing Short	2,736	4.5982  GBP
10p ordinary	SWAP	Decreasing Short	3,056	4.5936  GBP
10p ordinary	SWAP	Decreasing Short	3,128	4.5995  GBP
10p ordinary	SWAP	Decreasing Short	3,272	4.5960  GBP
10p ordinary	SWAP	Decreasing Short	3,757	4.5937  GBP
10p ordinary	SWAP	Decreasing Short	3,907	4.5924  GBP
10p ordinary	SWAP	Decreasing Short	6,144	4.5946  GBP
10p ordinary	SWAP	Decreasing Short	15,692	4.6030  GBP
10p ordinary	SWAP	Decreasing Short	26,739	4.6028  GBP
10p ordinary	SWAP	Decreasing Short	55,440	4.6026  GBP
10p ordinary	SWAP	Decreasing Short	105,341	4.5944  GBP
10p ordinary	CFD	Increasing Long	12	4.6033  GBP
10p ordinary	CFD	Increasing Long	88	4.5739  GBP
10p ordinary	CFD	Increasing Long	47,480	4.5927  GBP
10p ordinary	SWAP	Increasing Short	17	4.5940  GBP
10p ordinary	SWAP	Increasing Short	28	4.5930  GBP
10p ordinary	SWAP	Increasing Short	33	4.6012  GBP
10p ordinary	SWAP	Increasing Short	82	4.5693  GBP
10p ordinary	SWAP	Increasing Short	437	4.5945  GBP
10p ordinary	SWAP	Increasing Short	946	4.5852  GBP
10p ordinary	SWAP	Increasing Short	1,207	4.5889  GBP
10p ordinary	SWAP	Increasing Short	1,427	4.5796  GBP
10p ordinary	SWAP	Increasing Short	1,999	4.5957  GBP
10p ordinary	SWAP	Increasing Short	3,708	4.5953  GBP
10p ordinary	SWAP	Increasing Short	5,291	4.5950  GBP
10p ordinary	SWAP	Increasing Short	7,637	4.5960  GBP
10p ordinary	SWAP	Increasing Short	11,100	4.6017  GBP
10p ordinary	SWAP	Increasing Short	29,325	4.5941  GBP
10p ordinary	SWAP	Increasing Short	69,989	4.6021  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:				03 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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