Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

23 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:			22 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:				13,185,559	1.35%	5,891,776	0.60%
(2) Cash-settled derivatives:				4,782,920	0.49%	11,821,589	1.21%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,968,479	1.84%	17,713,365	1.82%
(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	1708357	5.0560  GBP	4.9640  GBP
10p ordinary	Sale	1629560	5.0560  GBP	4.9640  GBP
(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	1,405	5.0282  GBP
10p ordinary	SWAP	Closing Short	1,813	4.9960  GBP
10p ordinary	CFD	Decreasing Long	2,429	5.0013  GBP
10p ordinary	CFD	Decreasing Long	6,174	5.0404  GBP
10p ordinary	CFD	Decreasing Long	6,718	5.0262  GBP
10p ordinary	SWAP	Decreasing Long	10,722	4.9960  GBP
10p ordinary	CFD	Decreasing Long	27,050	4.9963  GBP
10p ordinary	SWAP	Decreasing Short	17	5.0400  GBP
10p ordinary	SWAP	Decreasing Short	475	5.0327  GBP
10p ordinary	SWAP	Decreasing Short	958	4.9720  GBP
10p ordinary	SWAP	Decreasing Short	1,003	5.0477  GBP
10p ordinary	SWAP	Decreasing Short	1,292	5.0381  GBP
10p ordinary	SWAP	Decreasing Short	1,777	5.0113  GBP
10p ordinary	SWAP	Decreasing Short	2,224	5.0363  GBP
10p ordinary	SWAP	Decreasing Short	2,487	5.0190  GBP
10p ordinary	SWAP	Decreasing Short	5,240	5.0066  GBP
10p ordinary	SWAP	Decreasing Short	5,301	5.0018  GBP
10p ordinary	SWAP	Decreasing Short	5,342	5.0387  GBP
10p ordinary	SWAP	Decreasing Short	5,400	5.0098  GBP
10p ordinary	SWAP	Decreasing Short	7,307	5.0046  GBP
10p ordinary	SWAP	Decreasing Short	7,346	5.0036  GBP
10p ordinary	SWAP	Decreasing Short	7,378	5.0040  GBP
10p ordinary	SWAP	Decreasing Short	7,563	5.0203  GBP
10p ordinary	SWAP	Decreasing Short	8,610	4.9987  GBP
10p ordinary	SWAP	Decreasing Short	11,017	5.0114  GBP
10p ordinary	SWAP	Decreasing Short	12,866	5.0071  GBP
10p ordinary	SWAP	Decreasing Short	13,203	5.0148  GBP
10p ordinary	SWAP	Decreasing Short	16,758	5.0096  GBP
10p ordinary	SWAP	Decreasing Short	23,212	5.0000  GBP
10p ordinary	SWAP	Decreasing Short	23,728	5.0099  GBP
10p ordinary	SWAP	Decreasing Short	35,781	4.9979  GBP
10p ordinary	SWAP	Decreasing Short	62,782	4.9959  GBP
10p ordinary	SWAP	Increasing Long	68	5.0019  GBP
10p ordinary	SWAP	Increasing Long	113	5.0060  GBP
10p ordinary	SWAP	Increasing Long	195	5.0118  GBP
10p ordinary	SWAP	Increasing Long	238	5.0061  GBP
10p ordinary	SWAP	Increasing Long	249	5.0222  GBP
10p ordinary	SWAP	Increasing Long	325	5.0434  GBP
10p ordinary	SWAP	Increasing Long	584	5.0096  GBP
10p ordinary	SWAP	Increasing Long	790	5.0374  GBP
10p ordinary	CFD	Increasing Long	943	4.9960  GBP
10p ordinary	SWAP	Increasing Long	2,838	5.0173  GBP
10p ordinary	SWAP	Increasing Long	4,133	5.0140  GBP
10p ordinary	CFD	Increasing Long	5,775	5.0316  GBP
10p ordinary	CFD	Increasing Long	6,174	4.9955  GBP
10p ordinary	SWAP	Increasing Long	6,974	5.0181  GBP
10p ordinary	SWAP	Increasing Long	8,207	5.0091  GBP
10p ordinary	SWAP	Increasing Long	9,302	5.0138  GBP
10p ordinary	SWAP	Increasing Long	9,318	5.0237  GBP
10p ordinary	SWAP	Increasing Long	9,650	5.0134  GBP
10p ordinary	SWAP	Increasing Long	15,599	5.0104  GBP
10p ordinary	SWAP	Increasing Long	18,395	4.9879  GBP
10p ordinary	SWAP	Increasing Long	31,170	5.0022  GBP
10p ordinary	SWAP	Increasing Long	249,612	5.0145  GBP
10p ordinary	SWAP	Increasing Short	955	5.0256  GBP
10p ordinary	SWAP	Increasing Short	2,146	5.0355  GBP
10p ordinary	SWAP	Increasing Short	4,968	4.9949  GBP
10p ordinary	SWAP	Increasing Short	10,033	4.9932  GBP
10p ordinary	SWAP	Increasing Short	14,717	4.9908  GBP
10p ordinary	SWAP	Increasing Short	20,267	0.0000  GBP
10p ordinary	SWAP	Increasing Short	26,056	4.9681  GBP
10p ordinary	SWAP	Increasing Short	32,969	5.0166  GBP
10p ordinary	SWAP	Increasing Short	44,065	4.9975  GBP
10p ordinary	SWAP	Increasing Short	63,086	5.0013  GBP
10p ordinary	SWAP	Increasing Short	78,700	5.0506  GBP
10p ordinary	SWAP	Increasing Short	78,700	4.9972  GBP
10p ordinary	SWAP	Increasing Short	368,921	4.9960  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:				23 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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