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

Barclays PLC

17 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:			16 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:				13,653,679	1.40%	5,285,960	0.54%
(2) Cash-settled derivatives:				4,326,971	0.44%	12,400,379	1.27%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,980,650	1.84%	17,686,339	1.81%
(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	364566	5.1940  GBP	5.1040  GBP
10p ordinary	Sale	900818	5.1942  GBP	5.1375  GBP
ADR	Purchase	20	13.0000  USD	13.0000  USD
ADR	Sale	20	13.0000  USD	13.0000  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	1	5.1800  GBP
10p ordinary	SWAP	Closing Short	6	5.1683  GBP
10p ordinary	SWAP	Closing Short	190	5.1940  GBP
10p ordinary	SWAP	Closing Short	1,140	5.1937  GBP
10p ordinary	SWAP	Decreasing Long	1,112	5.1430  GBP
10p ordinary	CFD	Decreasing Long	1,226	5.1944  GBP
10p ordinary	CFD	Decreasing Long	11,459	5.1759  GBP
10p ordinary	CFD	Decreasing Long	15,344	5.1725  GBP
10p ordinary	CFD	Decreasing Long	18,380	5.1534  GBP
10p ordinary	SWAP	Decreasing Short	787	5.1661  GBP
10p ordinary	SWAP	Decreasing Short	1,180	5.1460  GBP
10p ordinary	SWAP	Decreasing Short	1,258	5.1615  GBP
10p ordinary	SWAP	Decreasing Short	1,915	5.1669  GBP
10p ordinary	SWAP	Decreasing Short	2,139	5.1514  GBP
10p ordinary	SWAP	Decreasing Short	2,572	5.1667  GBP
10p ordinary	SWAP	Decreasing Short	4,025	5.1708  GBP
10p ordinary	SWAP	Decreasing Short	4,385	5.1780  GBP
10p ordinary	SWAP	Decreasing Short	6,638	5.1770  GBP
10p ordinary	SWAP	Decreasing Short	6,790	5.1802  GBP
10p ordinary	SWAP	Decreasing Short	6,821	5.1717  GBP
10p ordinary	SWAP	Decreasing Short	8,804	5.1756  GBP
10p ordinary	SWAP	Decreasing Short	14,028	5.1751  GBP
10p ordinary	SWAP	Decreasing Short	15,850	5.1677  GBP
10p ordinary	SWAP	Decreasing Short	17,372	5.1783  GBP
10p ordinary	SWAP	Decreasing Short	20,301	5.1768  GBP
10p ordinary	SWAP	Decreasing Short	22,297	5.1788  GBP
10p ordinary	SWAP	Decreasing Short	52,236	5.1695  GBP
10p ordinary	SWAP	Decreasing Short	98,565	5.1711  GBP
10p ordinary	SWAP	Decreasing Short	254,193	5.1940  GBP
10p ordinary	SWAP	Increasing Long	27	5.1597  GBP
10p ordinary	CFD	Increasing Long	544	5.1820  GBP
10p ordinary	CFD	Increasing Long	721	5.1599  GBP
10p ordinary	CFD	Increasing Long	729	5.1744  GBP
10p ordinary	SWAP	Increasing Long	869	5.1688  GBP
10p ordinary	CFD	Increasing Long	1,076	5.1815  GBP
10p ordinary	SWAP	Increasing Long	1,112	5.1430  GBP
10p ordinary	SWAP	Increasing Long	1,440	5.1694  GBP
10p ordinary	CFD	Increasing Long	1,905	5.1773  GBP
10p ordinary	SWAP	Increasing Long	1,930	5.1833  GBP
10p ordinary	SWAP	Increasing Long	2,030	5.1591  GBP
10p ordinary	SWAP	Increasing Long	3,725	5.1604  GBP
10p ordinary	SWAP	Increasing Long	3,797	5.1722  GBP
10p ordinary	CFD	Increasing Long	4,276	5.1395  GBP
10p ordinary	SWAP	Increasing Long	4,672	5.1657  GBP
10p ordinary	SWAP	Increasing Long	8,070	5.1603  GBP
10p ordinary	CFD	Increasing Long	17,659	5.1940  GBP
10p ordinary	CFD	Increasing Long	21,471	5.1662  GBP
10p ordinary	CFD	Increasing Long	22,815	5.1646  GBP
10p ordinary	SWAP	Increasing Long	33,696	5.1695  GBP
10p ordinary	SWAP	Increasing Short	1,400	5.1563  GBP
10p ordinary	SWAP	Increasing Short	2,027	5.1746  GBP
10p ordinary	SWAP	Increasing Short	2,819	5.1602  GBP
10p ordinary	SWAP	Increasing Short	17,408	5.1277  GBP
10p ordinary	SWAP	Increasing Short	41,882	5.1934  GBP
10p ordinary	SWAP	Increasing Short	72,775	5.1940  GBP
10p ordinary	SWAP	Opening Long	10	5.1497  GBP
10p ordinary	SWAP	Opening Short	8	5.1675  GBP
10p ordinary	SWAP	Opening Short	506	5.1518  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:				17 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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