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

Barclays PLC

15 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:			14 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:				14,703,925	1.51%	5,268,582	0.54%
(2) Cash-settled derivatives:				4,288,068	0.44%	13,348,976	1.37%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				18,991,993	1.95%	18,617,558	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	601036	4.9950  GBP	4.9011  GBP
10p ordinary	Sale	628061	4.9979  GBP	4.9040  GBP
ADR	Purchase	4000	12.4700  USD	12.4700  USD
ADR	Sale	4000	12.4700  USD	12.4700  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	62	4.9115  GBP
10p ordinary	SWAP	Decreasing Long	62	4.9081  GBP
10p ordinary	SWAP	Decreasing Long	353	4.9099  GBP
10p ordinary	SWAP	Decreasing Long	766	4.9100  GBP
10p ordinary	SWAP	Decreasing Long	2,451	4.9494  GBP
10p ordinary	SWAP	Decreasing Long	8,476	4.9287  GBP
10p ordinary	SWAP	Decreasing Long	17,165	4.9575  GBP
10p ordinary	CFD	Decreasing Long	17,787	4.9536  GBP
10p ordinary	CFD	Decreasing Long	66,217	4.9490  GBP
10p ordinary	CFD	Decreasing Long	136,435	4.9703  GBP
10p ordinary	SWAP	Decreasing Short	2	4.9590  GBP
10p ordinary	SWAP	Decreasing Short	13	4.9979  GBP
10p ordinary	SWAP	Decreasing Short	80	4.9768  GBP
10p ordinary	SWAP	Decreasing Short	628	4.9458  GBP
10p ordinary	SWAP	Decreasing Short	893	4.9589  GBP
10p ordinary	SWAP	Decreasing Short	1,002	4.9648  GBP
10p ordinary	SWAP	Decreasing Short	1,102	4.9800  GBP
10p ordinary	SWAP	Decreasing Short	1,424	4.9144  GBP
10p ordinary	SWAP	Decreasing Short	1,819	4.9154  GBP
10p ordinary	SWAP	Decreasing Short	3,231	4.9590  GBP
10p ordinary	SWAP	Decreasing Short	3,241	4.9957  GBP
10p ordinary	SWAP	Decreasing Short	3,318	4.9290  GBP
10p ordinary	SWAP	Decreasing Short	4,373	4.9328  GBP
10p ordinary	SWAP	Decreasing Short	7,602	4.9698  GBP
10p ordinary	SWAP	Decreasing Short	8,554	4.9451  GBP
10p ordinary	SWAP	Decreasing Short	8,991	4.9662  GBP
10p ordinary	SWAP	Decreasing Short	13,891	4.9827  GBP
10p ordinary	SWAP	Decreasing Short	14,896	4.9575  GBP
10p ordinary	SWAP	Decreasing Short	17,984	4.9692  GBP
10p ordinary	SWAP	Decreasing Short	36,865	4.9583  GBP
10p ordinary	SWAP	Decreasing Short	77,363	4.9690  GBP
10p ordinary	SWAP	Decreasing Short	156,692	4.9724  GBP
10p ordinary	CFD	Increasing Long	507	4.9589  GBP
10p ordinary	CFD	Increasing Long	3,768	4.9673  GBP
10p ordinary	CFD	Increasing Long	4,000	4.9796  GBP
10p ordinary	CFD	Increasing Long	6,517	4.9816  GBP
10p ordinary	CFD	Increasing Long	6,924	4.9762  GBP
10p ordinary	CFD	Increasing Long	11,172	4.9730  GBP
10p ordinary	CFD	Increasing Long	17,280	4.9090  GBP
10p ordinary	SWAP	Increasing Short	11	4.9081  GBP
10p ordinary	SWAP	Increasing Short	18	4.9880  GBP
10p ordinary	SWAP	Increasing Short	21	4.9240  GBP
10p ordinary	SWAP	Increasing Short	683	4.9063  GBP
10p ordinary	SWAP	Increasing Short	764	4.9670  GBP
10p ordinary	SWAP	Increasing Short	1,247	4.9176  GBP
10p ordinary	SWAP	Increasing Short	1,330	4.9624  GBP
10p ordinary	SWAP	Increasing Short	4,449	4.9697  GBP
10p ordinary	SWAP	Increasing Short	5,949	4.9532  GBP
10p ordinary	SWAP	Increasing Short	6,230	4.9463  GBP
10p ordinary	SWAP	Increasing Short	9,929	4.9656  GBP
10p ordinary	SWAP	Increasing Short	13,970	4.9590  GBP
10p ordinary	SWAP	Increasing Short	15,398	4.9311  GBP
10p ordinary	SWAP	Increasing Short	64,641	4.9604  GBP
10p ordinary	SWAP	Opening Short	1,216	4.9062  GBP
10p ordinary	SWAP	Opening Short	35,405	4.9425  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:				15 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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