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

Barclays PLC

20 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:			17 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:				12,446,852	1.28%	5,307,557	0.54%
(2) Cash-settled derivatives:				4,363,278	0.45%	11,228,146	1.15%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,810,130	1.72%	16,535,703	1.70%
(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	552960	5.2800  GBP	5.1840  GBP
ADR	Purchase	46972	13.2691  USD	12.8100  USD
10p ordinary	Sale	1816981	5.2800  GBP	5.1798  GBP
ADR	Sale	1972	13.2691  USD	13.2691  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	147	5.2433  GBP
10p ordinary	SWAP	Closing Short	207	5.2019  GBP
10p ordinary	SWAP	Closing Short	291	5.2440  GBP
10p ordinary	CFD	Decreasing Long	1,522	5.1604  GBP
10p ordinary	CFD	Decreasing Long	30,000	5.2028  GBP
10p ordinary	CFD	Decreasing Long	38,637	5.2363  GBP
10p ordinary	CFD	Decreasing Long	41,808	5.2444  GBP
10p ordinary	CFD	Decreasing Long	55,423	5.2311  GBP
10p ordinary	CFD	Decreasing Long	67,283	5.2312  GBP
10p ordinary	SWAP	Decreasing Short	76	5.2419  GBP
10p ordinary	SWAP	Decreasing Short	266	5.2300  GBP
10p ordinary	SWAP	Decreasing Short	547	5.2262  GBP
10p ordinary	SWAP	Decreasing Short	789	5.2325  GBP
10p ordinary	SWAP	Decreasing Short	900	5.2402  GBP
10p ordinary	SWAP	Decreasing Short	1,143	5.2464  GBP
10p ordinary	SWAP	Decreasing Short	2,058	5.2154  GBP
10p ordinary	SWAP	Decreasing Short	3,027	5.2294  GBP
10p ordinary	SWAP	Decreasing Short	6,338	5.2344  GBP
10p ordinary	SWAP	Decreasing Short	7,185	5.2391  GBP
10p ordinary	SWAP	Decreasing Short	9,292	5.2439  GBP
10p ordinary	SWAP	Decreasing Short	11,065	5.2446  GBP
10p ordinary	SWAP	Decreasing Short	14,102	5.2423  GBP
10p ordinary	SWAP	Decreasing Short	14,583	5.2415  GBP
10p ordinary	SWAP	Decreasing Short	17,750	5.2222  GBP
10p ordinary	SWAP	Decreasing Short	20,663	5.2373  GBP
10p ordinary	SWAP	Decreasing Short	55,985	5.2440  GBP
10p ordinary	SWAP	Decreasing Short	76,944	5.2374  GBP
10p ordinary	SWAP	Decreasing Short	80,724	5.2406  GBP
10p ordinary	SWAP	Decreasing Short	130,680	5.2430  GBP
10p ordinary	SWAP	Decreasing Short	150,845	5.2409  GBP
10p ordinary	SWAP	Decreasing Short	186,670	5.2413  GBP
10p ordinary	SWAP	Decreasing Short	246,142	5.2393  GBP
10p ordinary	SWAP	Decreasing Short	283,926	5.2602  GBP
10p ordinary	CFD	Increasing Long	2,085	5.2028  GBP
10p ordinary	CFD	Increasing Long	3,494	5.2457  GBP
10p ordinary	CFD	Increasing Long	4,105	5.2411  GBP
10p ordinary	CFD	Increasing Long	4,791	5.2492  GBP
10p ordinary	CFD	Increasing Long	7,418	5.2292  GBP
10p ordinary	CFD	Increasing Long	10,938	5.2800  GBP
10p ordinary	CFD	Increasing Long	20,741	5.2453  GBP
10p ordinary	CFD	Increasing Long	48,927	5.2440  GBP
10p ordinary	CFD	Increasing Long	168,481	5.2795  GBP
10p ordinary	SWAP	Increasing Short	10	5.2500  GBP
10p ordinary	SWAP	Increasing Short	75	5.2369  GBP
10p ordinary	SWAP	Increasing Short	650	5.2452  GBP
10p ordinary	SWAP	Increasing Short	1,257	5.2420  GBP
10p ordinary	SWAP	Increasing Short	4,036	5.1985  GBP
10p ordinary	SWAP	Increasing Short	4,807	5.2308  GBP
10p ordinary	SWAP	Increasing Short	13,435	5.2440  GBP
10p ordinary	SWAP	Increasing Short	125,842	5.2521  GBP
10p ordinary	CFD	Opening Long	15,000	13.1300  USD
10p ordinary	CFD	Opening Long	15,000	12.8100  USD
(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:				20 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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