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

Barclays PLC

10 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:			09 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:				12,821,132	1.32%	5,475,112	0.56%
(2) Cash-settled derivatives:				4,660,799	0.48%	11,584,829	1.19%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,481,931	1.79%	17,059,941	1.75%
(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	2018415	4.9510  GBP	4.8815  GBP
10p ordinary	Sale	3024726	4.9510  GBP	4.8807  GBP
ADR	Purchase	20526	12.2581  USD	12.2581  USD
ADR	Sale	20526	12.2581  USD	12.2581  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	38	4.9094  GBP
10p ordinary	SWAP	Decreasing Long	128	4.9040  GBP
10p ordinary	SWAP	Decreasing Long	175	4.9138  GBP
10p ordinary	SWAP	Decreasing Long	185	4.9128  GBP
10p ordinary	SWAP	Decreasing Long	240	4.8913  GBP
10p ordinary	SWAP	Decreasing Long	412	4.9233  GBP
10p ordinary	SWAP	Decreasing Long	412	4.9127  GBP
10p ordinary	SWAP	Decreasing Long	420	4.9137  GBP
10p ordinary	SWAP	Decreasing Long	425	4.9361  GBP
10p ordinary	CFD	Decreasing Long	752	4.9123  GBP
10p ordinary	SWAP	Decreasing Long	1,042	4.9173  GBP
10p ordinary	SWAP	Decreasing Long	1,057	4.9303  GBP
10p ordinary	SWAP	Decreasing Long	1,058	4.8975  GBP
10p ordinary	SWAP	Decreasing Long	1,179	4.9077  GBP
10p ordinary	SWAP	Decreasing Long	1,618	4.9251  GBP
10p ordinary	SWAP	Decreasing Long	1,698	4.9214  GBP
10p ordinary	SWAP	Decreasing Long	2,010	4.9396  GBP
10p ordinary	SWAP	Decreasing Long	2,385	4.9157  GBP
10p ordinary	SWAP	Decreasing Long	2,477	4.9179  GBP
10p ordinary	SWAP	Decreasing Long	2,590	4.9252  GBP
10p ordinary	SWAP	Decreasing Long	3,927	4.9155  GBP
10p ordinary	SWAP	Decreasing Long	4,762	4.9397  GBP
10p ordinary	CFD	Decreasing Long	5,174	4.9119  GBP
10p ordinary	SWAP	Decreasing Long	7,079	4.9343  GBP
10p ordinary	SWAP	Decreasing Long	10,335	4.9406  GBP
10p ordinary	CFD	Decreasing Long	10,996	4.9157  GBP
10p ordinary	SWAP	Decreasing Long	20,853	4.9201  GBP
10p ordinary	SWAP	Decreasing Long	52,126	4.9253  GBP
10p ordinary	SWAP	Decreasing Short	120	4.9241  GBP
10p ordinary	SWAP	Decreasing Short	310	4.8923  GBP
10p ordinary	SWAP	Decreasing Short	726	4.8807  GBP
10p ordinary	SWAP	Decreasing Short	981	4.8900  GBP
10p ordinary	SWAP	Decreasing Short	1,314	4.9080  GBP
10p ordinary	SWAP	Decreasing Short	2,320	4.9097  GBP
10p ordinary	SWAP	Decreasing Short	2,580	4.8859  GBP
10p ordinary	SWAP	Decreasing Short	2,653	4.8941  GBP
10p ordinary	SWAP	Decreasing Short	3,383	4.9149  GBP
10p ordinary	SWAP	Decreasing Short	7,271	4.9074  GBP
10p ordinary	SWAP	Decreasing Short	11,566	4.9093  GBP
10p ordinary	SWAP	Decreasing Short	38,889	4.9104  GBP
10p ordinary	SWAP	Decreasing Short	2,450,856	4.8960  GBP
10p ordinary	CFD	Increasing Long	32	4.9118  GBP
10p ordinary	CFD	Increasing Long	4,468	4.9233  GBP
10p ordinary	CFD	Increasing Long	5,534	4.9034  GBP
10p ordinary	CFD	Increasing Long	16,138	4.8884  GBP
10p ordinary	CFD	Increasing Long	16,810	4.9213  GBP
10p ordinary	SWAP	Increasing Short	322	4.9090  GBP
10p ordinary	SWAP	Increasing Short	1,417	4.9150  GBP
10p ordinary	SWAP	Increasing Short	3,204	4.9120  GBP
10p ordinary	SWAP	Increasing Short	3,232	4.8988  GBP
10p ordinary	SWAP	Increasing Short	8,331	4.9186  GBP
10p ordinary	SWAP	Increasing Short	9,352	4.9157  GBP
10p ordinary	SWAP	Increasing Short	12,222	4.9144  GBP
10p ordinary	SWAP	Increasing Short	12,758	4.9201  GBP
10p ordinary	SWAP	Increasing Short	13,485	4.9188  GBP
10p ordinary	SWAP	Increasing Short	16,007	4.9128  GBP
10p ordinary	SWAP	Increasing Short	22,768	4.9175  GBP
10p ordinary	SWAP	Increasing Short	24,071	4.9140  GBP
10p ordinary	SWAP	Increasing Short	32,179	4.9109  GBP
10p ordinary	SWAP	Increasing Short	35,247	4.9158  GBP
10p ordinary	SWAP	Increasing Short	47,752	4.9167  GBP
10p ordinary	SWAP	Increasing Short	49,861	4.9053  GBP
10p ordinary	SWAP	Increasing Short	59,135	4.9180  GBP
10p ordinary	SWAP	Increasing Short	81,499	4.9164  GBP
10p ordinary	SWAP	Increasing Short	118,647	4.9123  GBP
10p ordinary	SWAP	Increasing Short	130,416	4.9168  GBP
10p ordinary	SWAP	Increasing Short	152,259	4.9120  GBP
10p ordinary	SWAP	Increasing Short	268,082	4.9173  GBP
10p ordinary	SWAP	Increasing Short	295,675	4.8953  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:				10 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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