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

Barclays PLC

08 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:			07 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:				12,942,905	1.33%	5,637,686	0.58%
(2) Cash-settled derivatives:				4,791,163	0.49%	11,703,048	1.20%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,734,068	1.82%	17,340,734	1.78%
(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	1324028	4.9290  GBP	4.8330  GBP
10p ordinary	Sale	1734989	4.9280  GBP	4.8355  GBP
ADR	Purchase	3500	12.2842  USD	12.2842  USD
ADR	Sale	3500	12.2842  USD	12.2842  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	63	4.8864  GBP
10p ordinary	SWAP	Decreasing Long	106	4.8720  GBP
10p ordinary	SWAP	Decreasing Long	164	4.9073  GBP
10p ordinary	SWAP	Decreasing Long	176	4.9149  GBP
10p ordinary	SWAP	Decreasing Long	200	4.8887  GBP
10p ordinary	SWAP	Decreasing Long	233	4.9111  GBP
10p ordinary	SWAP	Decreasing Long	308	4.8623  GBP
10p ordinary	SWAP	Decreasing Long	340	4.8770  GBP
10p ordinary	SWAP	Decreasing Long	587	4.9058  GBP
10p ordinary	SWAP	Decreasing Long	617	4.9068  GBP
10p ordinary	SWAP	Decreasing Long	630	4.9029  GBP
10p ordinary	SWAP	Decreasing Long	679	4.9148  GBP
10p ordinary	SWAP	Decreasing Long	1,286	4.9158  GBP
10p ordinary	SWAP	Decreasing Long	1,352	4.8905  GBP
10p ordinary	SWAP	Decreasing Long	1,367	4.8882  GBP
10p ordinary	CFD	Decreasing Long	1,739	4.9279  GBP
10p ordinary	SWAP	Decreasing Long	1,908	4.9113  GBP
10p ordinary	SWAP	Decreasing Long	2,191	4.9077  GBP
10p ordinary	SWAP	Decreasing Long	2,334	4.9036  GBP
10p ordinary	SWAP	Decreasing Long	2,544	4.9190  GBP
10p ordinary	SWAP	Decreasing Long	2,702	4.9026  GBP
10p ordinary	SWAP	Decreasing Long	2,940	4.9115  GBP
10p ordinary	SWAP	Decreasing Long	3,728	4.9039  GBP
10p ordinary	SWAP	Decreasing Long	4,132	4.9142  GBP
10p ordinary	SWAP	Decreasing Long	4,779	4.8945  GBP
10p ordinary	SWAP	Decreasing Long	4,790	4.8924  GBP
10p ordinary	SWAP	Decreasing Long	6,455	4.9115  GBP
10p ordinary	SWAP	Decreasing Long	7,300	4.9125  GBP
10p ordinary	SWAP	Decreasing Long	9,378	4.9098  GBP
10p ordinary	SWAP	Decreasing Long	9,907	4.8970  GBP
10p ordinary	SWAP	Decreasing Long	13,479	4.9002  GBP
10p ordinary	SWAP	Decreasing Long	13,881	4.9054  GBP
10p ordinary	SWAP	Decreasing Long	14,659	4.9125  GBP
10p ordinary	SWAP	Decreasing Long	15,496	4.9141  GBP
10p ordinary	SWAP	Decreasing Long	18,284	4.8957  GBP
10p ordinary	SWAP	Decreasing Long	27,784	4.8698  GBP
10p ordinary	SWAP	Decreasing Long	29,351	4.9155  GBP
10p ordinary	CFD	Decreasing Long	54,468	4.8845  GBP
10p ordinary	SWAP	Decreasing Long	60,389	4.8979  GBP
10p ordinary	SWAP	Decreasing Short	165	4.9099  GBP
10p ordinary	SWAP	Decreasing Short	395	4.9210  GBP
10p ordinary	SWAP	Decreasing Short	934	4.8659  GBP
10p ordinary	SWAP	Decreasing Short	1,267	4.8503  GBP
10p ordinary	SWAP	Decreasing Short	1,560	4.8680  GBP
10p ordinary	SWAP	Decreasing Short	1,564	4.8892  GBP
10p ordinary	SWAP	Decreasing Short	1,643	4.8464  GBP
10p ordinary	SWAP	Decreasing Short	1,811	4.8687  GBP
10p ordinary	SWAP	Decreasing Short	4,792	4.8490  GBP
10p ordinary	SWAP	Decreasing Short	6,818	4.8709  GBP
10p ordinary	SWAP	Decreasing Short	18,501	4.9087  GBP
10p ordinary	SWAP	Decreasing Short	42,841	4.9258  GBP
10p ordinary	SWAP	Decreasing Short	60,768	4.8940  GBP
10p ordinary	SWAP	Decreasing Short	66,387	4.8935  GBP
10p ordinary	SWAP	Decreasing Short	89,653	4.8960  GBP
10p ordinary	SWAP	Decreasing Short	121,575	4.9280  GBP
10p ordinary	SWAP	Decreasing Short	167,436	4.8999  GBP
10p ordinary	SWAP	Decreasing Short	242,117	4.9276  GBP
10p ordinary	CFD	Increasing Long	936	4.9080  GBP
10p ordinary	CFD	Increasing Long	1,652	4.9114  GBP
10p ordinary	CFD	Increasing Long	1,848	4.9109  GBP
10p ordinary	SWAP	Increasing Long	8,845	4.9115  GBP
10p ordinary	CFD	Increasing Long	13,947	4.9120  GBP
10p ordinary	CFD	Increasing Long	16,927	4.9276  GBP
10p ordinary	SWAP	Increasing Long	21,959	4.9125  GBP
10p ordinary	CFD	Increasing Long	22,567	4.9239  GBP
10p ordinary	CFD	Increasing Long	32,704	4.8595  GBP
10p ordinary	CFD	Increasing Long	42,308	4.8965  GBP
10p ordinary	SWAP	Increasing Long	76,158	4.9146  GBP
10p ordinary	SWAP	Increasing Short	70	4.9111  GBP
10p ordinary	SWAP	Increasing Short	410	4.9093  GBP
10p ordinary	SWAP	Increasing Short	506	4.9152  GBP
10p ordinary	SWAP	Increasing Short	1,244	4.8697  GBP
10p ordinary	SWAP	Increasing Short	1,546	4.9089  GBP
10p ordinary	SWAP	Increasing Short	2,129	4.9036  GBP
10p ordinary	SWAP	Increasing Short	3,306	4.9073  GBP
10p ordinary	SWAP	Increasing Short	3,660	4.9141  GBP
10p ordinary	SWAP	Increasing Short	9,671	4.8637  GBP
10p ordinary	SWAP	Increasing Short	13,585	4.9128  GBP
10p ordinary	SWAP	Increasing Short	14,351	4.9107  GBP
10p ordinary	SWAP	Increasing Short	15,143	4.9157  GBP
10p ordinary	SWAP	Increasing Short	15,500	4.9222  GBP
10p ordinary	SWAP	Increasing Short	31,470	4.9241  GBP
10p ordinary	SWAP	Increasing Short	241,080	4.9280  GBP
10p ordinary	SWAP	Opening Short	728	4.8754  GBP
10p ordinary	SWAP	Opening Short	1,096	4.9169  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:				08 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END