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

Barclays PLC

14 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:			13 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:				14,742,661	1.51%	5,279,737	0.54%
(2) Cash-settled derivatives:				4,477,862	0.46%	13,551,679	1.39%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,220,523	1.97%	18,831,416	1.93%
(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	1447921	4.9541  GBP	4.9060  GBP
10p ordinary	Sale	591883	4.9560  GBP	4.9060  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	Closing Short	39	4.9369  GBP
10p ordinary	SWAP	Closing Short	1,108	4.9123  GBP
10p ordinary	SWAP	Closing Short	8,702	4.9200  GBP
10p ordinary	SWAP	Closing Short	10,957	4.9197  GBP
10p ordinary	SWAP	Decreasing Long	47	4.9140  GBP
10p ordinary	SWAP	Decreasing Long	54	4.9296  GBP
10p ordinary	SWAP	Decreasing Long	56	4.9157  GBP
10p ordinary	SWAP	Decreasing Long	77	4.9299  GBP
10p ordinary	SWAP	Decreasing Long	169	4.9454  GBP
10p ordinary	SWAP	Decreasing Long	177	4.9544  GBP
10p ordinary	SWAP	Decreasing Long	227	4.9227  GBP
10p ordinary	SWAP	Decreasing Long	257	4.9228  GBP
10p ordinary	SWAP	Decreasing Long	462	4.9322  GBP
10p ordinary	SWAP	Decreasing Long	508	4.9309  GBP
10p ordinary	SWAP	Decreasing Long	560	4.9330  GBP
10p ordinary	SWAP	Decreasing Long	634	4.9159  GBP
10p ordinary	SWAP	Decreasing Long	726	4.9444  GBP
10p ordinary	SWAP	Decreasing Long	741	4.9221  GBP
10p ordinary	SWAP	Decreasing Long	1,670	4.9390  GBP
10p ordinary	SWAP	Decreasing Long	1,748	4.9453  GBP
10p ordinary	SWAP	Decreasing Long	1,977	4.9452  GBP
10p ordinary	SWAP	Decreasing Long	2,033	4.9362  GBP
10p ordinary	SWAP	Decreasing Long	2,788	4.9246  GBP
10p ordinary	SWAP	Decreasing Long	4,057	4.9278  GBP
10p ordinary	SWAP	Decreasing Long	4,080	4.9438  GBP
10p ordinary	CFD	Decreasing Long	7,182	4.9203  GBP
10p ordinary	CFD	Decreasing Long	19,145	4.9131  GBP
10p ordinary	CFD	Decreasing Long	19,973	4.9204  GBP
10p ordinary	SWAP	Decreasing Long	23,292	4.9275  GBP
10p ordinary	SWAP	Decreasing Long	24,056	4.9282  GBP
10p ordinary	SWAP	Decreasing Long	49,375	4.9200  GBP
10p ordinary	SWAP	Decreasing Short	11	4.9519  GBP
10p ordinary	SWAP	Decreasing Short	14	4.9419  GBP
10p ordinary	SWAP	Decreasing Short	36	4.9538  GBP
10p ordinary	SWAP	Decreasing Short	47	4.9200  GBP
10p ordinary	SWAP	Decreasing Short	563	4.9560  GBP
10p ordinary	SWAP	Decreasing Short	767	4.9174  GBP
10p ordinary	SWAP	Decreasing Short	1,083	4.9265  GBP
10p ordinary	SWAP	Decreasing Short	1,397	4.9399  GBP
10p ordinary	SWAP	Decreasing Short	1,788	4.9212  GBP
10p ordinary	SWAP	Decreasing Short	1,899	4.9063  GBP
10p ordinary	SWAP	Decreasing Short	4,422	4.9226  GBP
10p ordinary	SWAP	Decreasing Short	10,500	4.9487  GBP
10p ordinary	SWAP	Decreasing Short	11,713	4.9485  GBP
10p ordinary	SWAP	Decreasing Short	52,190	4.9315  GBP
10p ordinary	CFD	Increasing Long	968	4.9357  GBP
10p ordinary	CFD	Increasing Long	1,652	4.9059  GBP
10p ordinary	CFD	Increasing Long	12,964	4.9421  GBP
10p ordinary	CFD	Increasing Long	16,525	4.9200  GBP
10p ordinary	SWAP	Increasing Short	550	4.9360  GBP
10p ordinary	SWAP	Increasing Short	762	4.9215  GBP
10p ordinary	SWAP	Increasing Short	1,458	4.9407  GBP
10p ordinary	SWAP	Increasing Short	2,725	4.9306  GBP
10p ordinary	SWAP	Increasing Short	3,675	4.9190  GBP
10p ordinary	SWAP	Increasing Short	4,508	4.9271  GBP
10p ordinary	SWAP	Increasing Short	6,341	4.9236  GBP
10p ordinary	SWAP	Increasing Short	6,651	4.9224  GBP
10p ordinary	SWAP	Increasing Short	9,015	4.9288  GBP
10p ordinary	SWAP	Increasing Short	10,273	4.9396  GBP
10p ordinary	SWAP	Increasing Short	11,155	4.9369  GBP
10p ordinary	SWAP	Increasing Short	12,963	4.9344  GBP
10p ordinary	SWAP	Increasing Short	15,173	4.9152  GBP
10p ordinary	SWAP	Increasing Short	23,110	4.9341  GBP
10p ordinary	SWAP	Increasing Short	24,509	4.9323  GBP
10p ordinary	SWAP	Increasing Short	25,015	4.9204  GBP
10p ordinary	SWAP	Increasing Short	32,812	4.9275  GBP
10p ordinary	SWAP	Increasing Short	50,000	4.9219  GBP
10p ordinary	SWAP	Increasing Short	60,191	4.9244  GBP
10p ordinary	SWAP	Increasing Short	81,404	4.9098  GBP
10p ordinary	SWAP	Increasing Short	153,129	4.9458  GBP
10p ordinary	SWAP	Increasing Short	243,251	4.9200  GBP
10p ordinary	SWAP	Opening Short	31	4.9151  GBP
10p ordinary	SWAP	Opening Short	1,869	4.9319  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:				14 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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