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

Barclays PLC

22 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:			21 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:				12,643,757	1.30%	5,442,570	0.56%
(2) Cash-settled derivatives:				4,475,171	0.46%	11,348,291	1.16%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,118,928	1.76%	16,790,861	1.72%
(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	471525	5.1860  GBP	5.1025  GBP
10p ordinary	Sale	445757	5.1600  GBP	5.1025  GBP
ADR	Purchase	60	13.0100  USD	13.0100  USD
ADR	Sale	60	13.0100  USD	13.0100  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	954	5.1544  GBP
10p ordinary	SWAP	Decreasing Long	1,200	5.1351  GBP
10p ordinary	CFD	Decreasing Long	9,214	5.1044  GBP
10p ordinary	CFD	Decreasing Long	18,562	5.1279  GBP
10p ordinary	CFD	Decreasing Long	19,301	5.1249  GBP
10p ordinary	SWAP	Decreasing Short	14	5.1379  GBP
10p ordinary	SWAP	Decreasing Short	291	5.1540  GBP
10p ordinary	SWAP	Decreasing Short	479	5.1332  GBP
10p ordinary	SWAP	Decreasing Short	752	5.1216  GBP
10p ordinary	SWAP	Decreasing Short	854	5.1280  GBP
10p ordinary	SWAP	Decreasing Short	1,586	5.1367  GBP
10p ordinary	SWAP	Decreasing Short	2,160	5.1159  GBP
10p ordinary	SWAP	Decreasing Short	3,060	5.1381  GBP
10p ordinary	SWAP	Decreasing Short	4,295	5.1329  GBP
10p ordinary	SWAP	Decreasing Short	5,240	5.1168  GBP
10p ordinary	SWAP	Decreasing Short	5,512	5.1039  GBP
10p ordinary	SWAP	Decreasing Short	26,096	5.1540  GBP
10p ordinary	SWAP	Decreasing Short	34,649	5.1045  GBP
10p ordinary	SWAP	Decreasing Short	48,042	5.1336  GBP
10p ordinary	SWAP	Decreasing Short	125,000	5.1198  GBP
10p ordinary	SWAP	Increasing Long	240	5.1180  GBP
10p ordinary	SWAP	Increasing Long	300	5.1340  GBP
10p ordinary	SWAP	Increasing Long	327	5.1460  GBP
10p ordinary	SWAP	Increasing Long	639	5.1414  GBP
10p ordinary	CFD	Increasing Long	954	5.1035  GBP
10p ordinary	SWAP	Increasing Long	971	5.1327  GBP
10p ordinary	CFD	Increasing Long	1,826	5.1039  GBP
10p ordinary	SWAP	Increasing Long	2,740	5.1265  GBP
10p ordinary	SWAP	Increasing Long	4,534	5.1181  GBP
10p ordinary	SWAP	Increasing Long	5,149	5.1270  GBP
10p ordinary	SWAP	Increasing Long	6,853	5.1241  GBP
10p ordinary	SWAP	Increasing Long	11,940	5.1287  GBP
10p ordinary	CFD	Increasing Long	16,736	5.1370  GBP
10p ordinary	SWAP	Increasing Long	34,476	5.1293  GBP
10p ordinary	SWAP	Increasing Long	51,128	5.1039  GBP
10p ordinary	SWAP	Increasing Short	310	5.1369  GBP
10p ordinary	SWAP	Increasing Short	409	5.1280  GBP
10p ordinary	SWAP	Increasing Short	430	5.1500  GBP
10p ordinary	SWAP	Increasing Short	716	5.1300  GBP
10p ordinary	SWAP	Increasing Short	1,588	5.1365  GBP
10p ordinary	SWAP	Increasing Short	2,323	5.1188  GBP
10p ordinary	SWAP	Increasing Short	3,224	5.1357  GBP
10p ordinary	SWAP	Increasing Short	3,597	5.1272  GBP
10p ordinary	SWAP	Increasing Short	4,609	5.1333  GBP
10p ordinary	SWAP	Increasing Short	6,784	5.1384  GBP
10p ordinary	SWAP	Increasing Short	6,902	5.1298  GBP
10p ordinary	SWAP	Increasing Short	9,243	5.1249  GBP
10p ordinary	SWAP	Increasing Short	10,822	5.1290  GBP
10p ordinary	SWAP	Increasing Short	15,034	5.1860  GBP
10p ordinary	SWAP	Increasing Short	17,392	5.1334  GBP
10p ordinary	SWAP	Increasing Short	18,044	5.1278  GBP
10p ordinary	SWAP	Increasing Short	36,064	5.1313  GBP
10p ordinary	SWAP	Increasing Short	185,477	5.1040  GBP
10p ordinary	SWAP	Opening Short	133	5.1160  GBP
10p ordinary	SWAP	Opening Short	3,351	5.1305  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:				22 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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