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

Barclays PLC

24 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:			23 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:				12,493,686	1.28%	5,502,443	0.56%
(2) Cash-settled derivatives:				4,690,517	0.48%	11,144,158	1.14%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,184,203	1.76%	16,646,601	1.71%
(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	698288	5.1020  GBP	4.9635  GBP
10p ordinary	Sale	1130763	5.1020  GBP	4.9640  GBP
ADR	Purchase	2020	12.8800  USD	12.8700  USD
ADR	Sale	2020	12.8800  USD	12.8700  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	1,571	5.0887  GBP
10p ordinary	SWAP	Closing Short	9,196	5.0860  GBP
10p ordinary	SWAP	Closing Short	9,583	5.0937  GBP
10p ordinary	SWAP	Closing Short	13,224	5.0881  GBP
10p ordinary	SWAP	Closing Short	17,281	5.0896  GBP
10p ordinary	SWAP	Closing Short	17,456	5.0742  GBP
10p ordinary	SWAP	Closing Short	20,320	5.0475  GBP
10p ordinary	SWAP	Closing Short	21,352	5.0800  GBP
10p ordinary	SWAP	Closing Short	24,282	5.0865  GBP
10p ordinary	SWAP	Closing Short	24,658	5.0902  GBP
10p ordinary	SWAP	Closing Short	26,731	5.0889  GBP
10p ordinary	SWAP	Closing Short	32,166	5.0871  GBP
10p ordinary	SWAP	Closing Short	69,949	5.0678  GBP
10p ordinary	SWAP	Closing Short	78,893	5.0835  GBP
10p ordinary	SWAP	Closing Short	144,189	4.9910  GBP
10p ordinary	CFD	Decreasing Long	381	5.0009  GBP
10p ordinary	CFD	Decreasing Long	1,182	4.9791  GBP
10p ordinary	SWAP	Decreasing Long	1,668	5.0760  GBP
10p ordinary	SWAP	Decreasing Long	3,094	5.0888  GBP
10p ordinary	CFD	Decreasing Long	3,370	5.0680  GBP
10p ordinary	SWAP	Decreasing Long	5,666	5.0880  GBP
10p ordinary	SWAP	Decreasing Long	6,057	5.0686  GBP
10p ordinary	CFD	Decreasing Long	6,624	5.0684  GBP
10p ordinary	SWAP	Decreasing Long	7,752	5.0644  GBP
10p ordinary	SWAP	Decreasing Long	10,635	5.0730  GBP
10p ordinary	SWAP	Decreasing Long	28,146	5.0680  GBP
10p ordinary	SWAP	Decreasing Long	35,730	5.0676  GBP
10p ordinary	SWAP	Decreasing Short	366	5.0365  GBP
10p ordinary	SWAP	Decreasing Short	470	4.9910  GBP
10p ordinary	SWAP	Decreasing Short	574	5.0080  GBP
10p ordinary	SWAP	Decreasing Short	574	5.0220  GBP
10p ordinary	SWAP	Decreasing Short	943	4.9962  GBP
10p ordinary	SWAP	Decreasing Short	2,281	5.0236  GBP
10p ordinary	SWAP	Decreasing Short	3,040	5.0403  GBP
10p ordinary	SWAP	Decreasing Short	3,571	5.0576  GBP
10p ordinary	SWAP	Decreasing Short	5,240	5.0479  GBP
10p ordinary	SWAP	Decreasing Short	6,118	5.0792  GBP
10p ordinary	SWAP	Decreasing Short	7,678	5.0844  GBP
10p ordinary	SWAP	Decreasing Short	11,637	5.0921  GBP
10p ordinary	SWAP	Decreasing Short	11,913	5.0819  GBP
10p ordinary	SWAP	Decreasing Short	14,179	5.0777  GBP
10p ordinary	SWAP	Decreasing Short	15,720	5.0842  GBP
10p ordinary	SWAP	Decreasing Short	19,784	5.0807  GBP
10p ordinary	SWAP	Decreasing Short	19,973	5.0648  GBP
10p ordinary	SWAP	Decreasing Short	20,160	5.0676  GBP
10p ordinary	SWAP	Decreasing Short	22,301	5.0799  GBP
10p ordinary	SWAP	Decreasing Short	27,434	5.0750  GBP
10p ordinary	SWAP	Decreasing Short	30,100	5.0719  GBP
10p ordinary	SWAP	Decreasing Short	48,977	5.0835  GBP
10p ordinary	SWAP	Decreasing Short	49,133	5.0679  GBP
10p ordinary	SWAP	Decreasing Short	69,808	5.0805  GBP
10p ordinary	CFD	Increasing Long	2,692	5.0552  GBP
10p ordinary	CFD	Increasing Long	3,751	5.0052  GBP
10p ordinary	CFD	Increasing Long	9,926	5.0774  GBP
10p ordinary	SWAP	Increasing Long	10,635	5.0730  GBP
10p ordinary	CFD	Increasing Long	10,907	5.0761  GBP
10p ordinary	SWAP	Increasing Short	78	5.0970  GBP
10p ordinary	SWAP	Increasing Short	159	4.9790  GBP
10p ordinary	SWAP	Increasing Short	389	5.0050  GBP
10p ordinary	SWAP	Increasing Short	3,752	5.0564  GBP
10p ordinary	SWAP	Increasing Short	14,994	5.0680  GBP
10p ordinary	SWAP	Increasing Short	23,191	4.9838  GBP
10p ordinary	SWAP	Increasing Short	23,701	5.0611  GBP
10p ordinary	SWAP	Increasing Short	49,675	5.0771  GBP
10p ordinary	SWAP	Increasing Short	109,455	5.0520  GBP
10p ordinary	SWAP	Opening Long	119	4.9823  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:				24 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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