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

Barclays PLC

28 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:			24 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:				12,267,869	1.26%	5,366,002	0.55%
(2) Cash-settled derivatives:				4,556,068	0.47%	10,930,989	1.12%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,823,937	1.73%	16,296,991	1.67%
(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	1209906	5.1139  GBP	5.0460  GBP
10p ordinary	Sale	1281213	5.1117  GBP	5.0321  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	Decreasing Long	879	5.1043  GBP
10p ordinary	SWAP	Decreasing Long	1,138	5.0484  GBP
10p ordinary	CFD	Decreasing Long	2,294	5.0084  GBP
10p ordinary	SWAP	Decreasing Long	2,659	5.1117  GBP
10p ordinary	SWAP	Decreasing Long	4,546	5.0812  GBP
10p ordinary	SWAP	Decreasing Long	15,825	5.0929  GBP
10p ordinary	SWAP	Decreasing Long	19,764	5.0811  GBP
10p ordinary	SWAP	Decreasing Long	25,841	5.0980  GBP
10p ordinary	CFD	Decreasing Long	38,058	5.0701  GBP
10p ordinary	SWAP	Decreasing Long	42,586	5.0870  GBP
10p ordinary	SWAP	Decreasing Short	82	5.0975  GBP
10p ordinary	SWAP	Decreasing Short	740	5.0823  GBP
10p ordinary	SWAP	Decreasing Short	1,472	5.1084  GBP
10p ordinary	SWAP	Decreasing Short	2,107	5.1045  GBP
10p ordinary	SWAP	Decreasing Short	2,135	5.0807  GBP
10p ordinary	SWAP	Decreasing Short	3,859	5.1117  GBP
10p ordinary	SWAP	Decreasing Short	4,229	5.0680  GBP
10p ordinary	SWAP	Decreasing Short	4,599	5.1065  GBP
10p ordinary	SWAP	Decreasing Short	5,240	5.0905  GBP
10p ordinary	SWAP	Decreasing Short	9,179	5.1049  GBP
10p ordinary	SWAP	Decreasing Short	10,235	5.0785  GBP
10p ordinary	SWAP	Decreasing Short	11,909	5.0951  GBP
10p ordinary	SWAP	Decreasing Short	14,196	5.0980  GBP
10p ordinary	SWAP	Decreasing Short	22,466	5.0979  GBP
10p ordinary	SWAP	Decreasing Short	53,455	5.0876  GBP
10p ordinary	SWAP	Decreasing Short	53,557	5.0955  GBP
10p ordinary	SWAP	Decreasing Short	55,440	5.0976  GBP
10p ordinary	CFD	Increasing Long	872	5.0975  GBP
10p ordinary	CFD	Increasing Long	2,553	5.0979  GBP
10p ordinary	CFD	Increasing Long	5,755	5.0980  GBP
10p ordinary	CFD	Increasing Long	29,750	5.0517  GBP
10p ordinary	SWAP	Increasing Short	123	5.1020  GBP
10p ordinary	SWAP	Increasing Short	195	5.0480  GBP
10p ordinary	SWAP	Increasing Short	317	5.0460  GBP
10p ordinary	SWAP	Increasing Short	1,261	5.0495  GBP
10p ordinary	SWAP	Increasing Short	1,841	5.0834  GBP
10p ordinary	SWAP	Increasing Short	2,049	5.0586  GBP
10p ordinary	SWAP	Increasing Short	2,132	5.0538  GBP
10p ordinary	SWAP	Increasing Short	3,190	5.0840  GBP
10p ordinary	SWAP	Increasing Short	4,686	5.0900  GBP
10p ordinary	SWAP	Increasing Short	5,358	5.0756  GBP
10p ordinary	SWAP	Increasing Short	6,722	5.0692  GBP
10p ordinary	SWAP	Increasing Short	13,857	5.0980  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:				28-May-24
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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