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

Barclays PLC

21 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:			20 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:				12,511,275	1.28%	5,335,389	0.55%
(2) Cash-settled derivatives:				4,385,589	0.45%	11,280,135	1.16%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,896,864	1.73%	16,615,524	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	427239	5.2980  GBP	5.1845  GBP
10p ordinary	Sale	389734	5.2960  GBP	5.1845  GBP
ADR	Purchase	2	13.2400  USD	13.2400  USD
ADR	Sale	2	13.2400  USD	13.2400  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Long	749	5.2384  GBP
10p ordinary	CFD	Decreasing Long	2,280	5.1860  GBP
10p ordinary	CFD	Decreasing Long	4,064	5.2077  GBP
10p ordinary	CFD	Decreasing Long	5,913	5.2099  GBP
10p ordinary	CFD	Decreasing Long	6,419	5.2139  GBP
10p ordinary	CFD	Decreasing Long	14,055	5.1864  GBP
10p ordinary	CFD	Decreasing Long	25,374	5.2589  GBP
10p ordinary	SWAP	Decreasing Short	100	5.2400  GBP
10p ordinary	SWAP	Decreasing Short	362	5.2564  GBP
10p ordinary	SWAP	Decreasing Short	480	5.2933  GBP
10p ordinary	SWAP	Decreasing Short	595	5.2682  GBP
10p ordinary	SWAP	Decreasing Short	1,117	5.2708  GBP
10p ordinary	SWAP	Decreasing Short	1,553	5.2903  GBP
10p ordinary	SWAP	Decreasing Short	2,009	5.2660  GBP
10p ordinary	SWAP	Decreasing Short	2,342	5.2939  GBP
10p ordinary	SWAP	Decreasing Short	2,342	5.2943  GBP
10p ordinary	SWAP	Decreasing Short	12,541	5.1892  GBP
10p ordinary	SWAP	Decreasing Short	26,177	5.2458  GBP
10p ordinary	SWAP	Decreasing Short	61,187	5.2467  GBP
10p ordinary	SWAP	Decreasing Short	90,776	5.2380  GBP
10p ordinary	SWAP	Increasing Long	8	5.2163  GBP
10p ordinary	SWAP	Increasing Long	17	5.1992  GBP
10p ordinary	SWAP	Increasing Long	34	5.2122  GBP
10p ordinary	SWAP	Increasing Long	37	5.1994  GBP
10p ordinary	SWAP	Increasing Long	52	5.2140  GBP
10p ordinary	SWAP	Increasing Long	54	5.2224  GBP
10p ordinary	SWAP	Increasing Long	67	5.2217  GBP
10p ordinary	SWAP	Increasing Long	80	5.2240  GBP
10p ordinary	SWAP	Increasing Long	129	5.2094  GBP
10p ordinary	SWAP	Increasing Long	188	5.1995  GBP
10p ordinary	SWAP	Increasing Long	213	5.2168  GBP
10p ordinary	CFD	Increasing Long	368	5.1936  GBP
10p ordinary	SWAP	Increasing Long	441	5.2181  GBP
10p ordinary	SWAP	Increasing Long	447	5.2180  GBP
10p ordinary	CFD	Increasing Long	478	5.2035  GBP
10p ordinary	SWAP	Increasing Long	683	5.2379  GBP
10p ordinary	CFD	Increasing Long	749	5.1855  GBP
10p ordinary	SWAP	Increasing Long	760	5.2114  GBP
10p ordinary	SWAP	Increasing Long	777	5.2095  GBP
10p ordinary	SWAP	Increasing Long	783	5.1957  GBP
10p ordinary	SWAP	Increasing Long	796	5.2225  GBP
10p ordinary	SWAP	Increasing Long	893	5.2097  GBP
10p ordinary	SWAP	Increasing Long	988	5.2189  GBP
10p ordinary	SWAP	Increasing Long	1,612	5.1993  GBP
10p ordinary	CFD	Increasing Long	1,814	5.2001  GBP
10p ordinary	SWAP	Increasing Long	2,409	5.2532  GBP
10p ordinary	SWAP	Increasing Long	2,738	5.1934  GBP
10p ordinary	SWAP	Increasing Long	6,532	5.2302  GBP
10p ordinary	SWAP	Increasing Long	9,742	5.2448  GBP
10p ordinary	CFD	Increasing Long	10,307	5.1859  GBP
10p ordinary	SWAP	Increasing Long	14,746	5.2125  GBP
10p ordinary	CFD	Increasing Long	17,347	5.2570  GBP
10p ordinary	SWAP	Increasing Long	23,938	5.1859  GBP
10p ordinary	SWAP	Increasing Short	364	5.1980  GBP
10p ordinary	SWAP	Increasing Short	467	5.2860  GBP
10p ordinary	SWAP	Increasing Short	705	5.2355  GBP
10p ordinary	SWAP	Increasing Short	1,712	5.2678  GBP
10p ordinary	SWAP	Increasing Short	1,936	5.2046  GBP
10p ordinary	SWAP	Increasing Short	3,234	5.2142  GBP
10p ordinary	SWAP	Increasing Short	4,904	5.2071  GBP
10p ordinary	SWAP	Increasing Short	5,238	5.2114  GBP
10p ordinary	SWAP	Increasing Short	10,470	5.1962  GBP
10p ordinary	SWAP	Increasing Short	11,150	5.1924  GBP
10p ordinary	SWAP	Increasing Short	11,184	5.2477  GBP
10p ordinary	SWAP	Increasing Short	23,441	5.1938  GBP
10p ordinary	SWAP	Increasing Short	27,735	5.1958  GBP
10p ordinary	SWAP	Increasing Short	37,638	5.1889  GBP
10p ordinary	SWAP	Increasing Short	113,392	5.1860  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:				21 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END