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

Barclays PLC

16 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:			15 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:				14,122,675	1.45%	5,219,649	0.54%
(2) Cash-settled derivatives:				4,241,918	0.44%	12,805,061	1.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				18,364,593	1.88%	18,024,710	1.85%
(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	522402	5.1120  GBP	4.9712  GBP
10p ordinary	Sale	1054239	5.1120  GBP	4.9765  GBP
ADR	Purchase	10696	12.8436  USD	12.8436  USD
ADR	Sale	10696	12.8436  USD	12.8436  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	Closing Short	6,679	5.0773  GBP
10p ordinary	SWAP	Closing Short	8,528	5.1120  GBP
10p ordinary	SWAP	Decreasing Long	20	5.1120  GBP
10p ordinary	SWAP	Decreasing Long	228	5.0900  GBP
10p ordinary	SWAP	Decreasing Long	284	5.0899  GBP
10p ordinary	SWAP	Decreasing Long	356	5.0422  GBP
10p ordinary	SWAP	Decreasing Long	550	5.0597  GBP
10p ordinary	SWAP	Decreasing Long	560	5.0747  GBP
10p ordinary	CFD	Decreasing Long	688	5.1124  GBP
10p ordinary	SWAP	Decreasing Long	771	5.0578  GBP
10p ordinary	SWAP	Decreasing Long	1,147	5.0492  GBP
10p ordinary	SWAP	Decreasing Long	1,167	5.0987  GBP
10p ordinary	SWAP	Decreasing Long	1,300	5.0493  GBP
10p ordinary	SWAP	Decreasing Long	1,727	5.0905  GBP
10p ordinary	SWAP	Decreasing Long	1,854	5.0045  GBP
10p ordinary	SWAP	Decreasing Long	1,916	5.0476  GBP
10p ordinary	SWAP	Decreasing Long	1,920	5.0352  GBP
10p ordinary	SWAP	Decreasing Long	2,335	5.0628  GBP
10p ordinary	SWAP	Decreasing Long	2,769	5.0585  GBP
10p ordinary	SWAP	Decreasing Long	3,462	5.0655  GBP
10p ordinary	SWAP	Decreasing Long	3,880	5.0562  GBP
10p ordinary	SWAP	Decreasing Long	3,981	5.0836  GBP
10p ordinary	SWAP	Decreasing Long	4,682	5.0595  GBP
10p ordinary	SWAP	Decreasing Long	13,772	5.0658  GBP
10p ordinary	SWAP	Decreasing Long	16,827	5.0507  GBP
10p ordinary	CFD	Decreasing Long	42,775	5.0481  GBP
10p ordinary	SWAP	Decreasing Short	203	4.9850  GBP
10p ordinary	SWAP	Decreasing Short	420	5.0815  GBP
10p ordinary	SWAP	Decreasing Short	546	5.0521  GBP
10p ordinary	SWAP	Decreasing Short	630	5.0251  GBP
10p ordinary	SWAP	Decreasing Short	700	5.0928  GBP
10p ordinary	SWAP	Decreasing Short	970	5.0610  GBP
10p ordinary	SWAP	Decreasing Short	1,694	5.0962  GBP
10p ordinary	SWAP	Decreasing Short	2,302	5.0245  GBP
10p ordinary	SWAP	Decreasing Short	2,667	5.0731  GBP
10p ordinary	SWAP	Decreasing Short	2,724	5.1036  GBP
10p ordinary	SWAP	Decreasing Short	3,870	5.1118  GBP
10p ordinary	SWAP	Decreasing Short	4,174	5.0460  GBP
10p ordinary	SWAP	Decreasing Short	5,874	5.0708  GBP
10p ordinary	SWAP	Decreasing Short	6,605	5.1027  GBP
10p ordinary	SWAP	Decreasing Short	7,163	5.0487  GBP
10p ordinary	SWAP	Decreasing Short	7,830	5.1011  GBP
10p ordinary	SWAP	Decreasing Short	8,144	5.0298  GBP
10p ordinary	SWAP	Decreasing Short	13,751	5.0972  GBP
10p ordinary	SWAP	Decreasing Short	14,875	5.0381  GBP
10p ordinary	SWAP	Decreasing Short	22,871	5.0675  GBP
10p ordinary	SWAP	Decreasing Short	22,949	5.0676  GBP
10p ordinary	SWAP	Decreasing Short	30,206	5.0792  GBP
10p ordinary	SWAP	Decreasing Short	31,903	5.0758  GBP
10p ordinary	SWAP	Decreasing Short	41,982	5.0706  GBP
10p ordinary	SWAP	Decreasing Short	43,570	5.0948  GBP
10p ordinary	SWAP	Decreasing Short	47,620	5.1119  GBP
10p ordinary	SWAP	Decreasing Short	87,339	5.0729  GBP
10p ordinary	SWAP	Decreasing Short	114,950	5.1120  GBP
10p ordinary	SWAP	Decreasing Short	159,020	5.1117  GBP
10p ordinary	CFD	Increasing Long	1,743	5.1041  GBP
10p ordinary	CFD	Increasing Long	2,512	5.0281  GBP
10p ordinary	CFD	Increasing Long	3,032	5.0983  GBP
10p ordinary	CFD	Increasing Long	3,504	5.1115  GBP
10p ordinary	CFD	Increasing Long	11,384	5.0942  GBP
10p ordinary	CFD	Increasing Long	15,207	5.0140  GBP
10p ordinary	CFD	Increasing Long	25,056	5.1119  GBP
10p ordinary	SWAP	Increasing Short	98	5.0228  GBP
10p ordinary	SWAP	Increasing Short	227	5.0260  GBP
10p ordinary	SWAP	Increasing Short	1,296	5.0112  GBP
10p ordinary	SWAP	Increasing Short	1,410	5.0109  GBP
10p ordinary	SWAP	Increasing Short	1,482	5.0286  GBP
10p ordinary	SWAP	Increasing Short	1,600	5.0662  GBP
10p ordinary	SWAP	Increasing Short	2,037	5.0359  GBP
10p ordinary	SWAP	Increasing Short	2,325	5.0940  GBP
10p ordinary	SWAP	Increasing Short	5,208	5.0535  GBP
10p ordinary	SWAP	Increasing Short	5,736	5.0140  GBP
10p ordinary	SWAP	Increasing Short	9,379	5.1069  GBP
10p ordinary	SWAP	Increasing Short	17,130	5.1083  GBP
10p ordinary	SWAP	Increasing Short	18,777	5.1120  GBP
10p ordinary	SWAP	Increasing Short	21,245	5.0958  GBP
10p ordinary	SWAP	Increasing Short	56,201	5.0525  GBP
10p ordinary	SWAP	Opening Long	383	5.0040  GBP
10p ordinary	SWAP	Opening Short	474	5.0615  GBP
10p ordinary	SWAP	Opening Short	861	5.1122  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:				16 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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