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

Barclays PLC

29 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:			28 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:				12,436,980	1.28%	5,258,878	0.54%
(2) Cash-settled derivatives:				4,451,135	0.46%	11,085,237	1.14%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,888,115	1.73%	16,344,115	1.68%
(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	1060371	5.1500  GBP	5.0551  GBP
10p ordinary	Sale	783599	5.1500  GBP	5.0625  GBP
ADR	Purchase	1500	12.9200  USD	12.9200  USD
ADR	Sale	1500	12.9200  USD	12.9200  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	Decreasing Long	18	5.1263  GBP
10p ordinary	SWAP	Decreasing Long	59	5.1259  GBP
10p ordinary	SWAP	Decreasing Long	183	5.1261  GBP
10p ordinary	SWAP	Decreasing Long	190	5.1264  GBP
10p ordinary	SWAP	Decreasing Long	418	5.1145  GBP
10p ordinary	CFD	Decreasing Long	477	5.0663  GBP
10p ordinary	SWAP	Decreasing Long	976	5.1024  GBP
10p ordinary	SWAP	Decreasing Long	1,022	5.1185  GBP
10p ordinary	CFD	Decreasing Long	1,023	5.0664  GBP
10p ordinary	SWAP	Decreasing Long	1,213	5.1085  GBP
10p ordinary	SWAP	Decreasing Long	1,674	5.1345  GBP
10p ordinary	SWAP	Decreasing Long	2,146	5.1260  GBP
10p ordinary	SWAP	Decreasing Long	2,185	5.1271  GBP
10p ordinary	SWAP	Decreasing Long	3,269	5.1020  GBP
10p ordinary	SWAP	Decreasing Long	3,337	5.1270  GBP
10p ordinary	SWAP	Decreasing Long	3,808	5.1162  GBP
10p ordinary	SWAP	Decreasing Long	3,821	5.1083  GBP
10p ordinary	SWAP	Decreasing Long	4,314	5.1084  GBP
10p ordinary	SWAP	Decreasing Long	4,659	5.1052  GBP
10p ordinary	SWAP	Decreasing Long	5,147	5.1186  GBP
10p ordinary	SWAP	Decreasing Long	5,695	5.1279  GBP
10p ordinary	SWAP	Decreasing Long	6,016	5.1086  GBP
10p ordinary	SWAP	Decreasing Long	6,199	5.0564  GBP
10p ordinary	SWAP	Decreasing Long	6,854	5.1184  GBP
10p ordinary	CFD	Decreasing Long	13,157	5.1151  GBP
10p ordinary	SWAP	Decreasing Long	14,746	5.0720  GBP
10p ordinary	SWAP	Decreasing Long	16,228	5.1025  GBP
10p ordinary	SWAP	Decreasing Long	34,363	5.1014  GBP
10p ordinary	SWAP	Decreasing Short	77	5.1159  GBP
10p ordinary	SWAP	Decreasing Short	546	5.1300  GBP
10p ordinary	SWAP	Decreasing Short	1,068	5.0654  GBP
10p ordinary	SWAP	Decreasing Short	1,384	5.1260  GBP
10p ordinary	SWAP	Decreasing Short	2,237	5.1085  GBP
10p ordinary	SWAP	Decreasing Short	2,525	5.1163  GBP
10p ordinary	SWAP	Decreasing Short	2,959	5.1069  GBP
10p ordinary	SWAP	Decreasing Short	3,631	5.1259  GBP
10p ordinary	SWAP	Decreasing Short	3,937	5.0943  GBP
10p ordinary	SWAP	Decreasing Short	5,240	5.0960  GBP
10p ordinary	SWAP	Decreasing Short	6,927	5.1217  GBP
10p ordinary	SWAP	Decreasing Short	8,400	5.1001  GBP
10p ordinary	SWAP	Decreasing Short	10,648	5.1208  GBP
10p ordinary	SWAP	Decreasing Short	12,256	5.1289  GBP
10p ordinary	SWAP	Decreasing Short	14,678	5.1213  GBP
10p ordinary	SWAP	Decreasing Short	17,520	5.1322  GBP
10p ordinary	SWAP	Decreasing Short	20,794	5.1264  GBP
10p ordinary	SWAP	Decreasing Short	21,552	5.0720  GBP
10p ordinary	SWAP	Decreasing Short	34,194	5.0734  GBP
10p ordinary	SWAP	Decreasing Short	35,676	5.0938  GBP
10p ordinary	SWAP	Decreasing Short	40,022	5.1301  GBP
10p ordinary	SWAP	Decreasing Short	67,449	5.0989  GBP
10p ordinary	CFD	Increasing Long	460	5.1273  GBP
10p ordinary	CFD	Increasing Long	6,625	5.1453  GBP
10p ordinary	SWAP	Increasing Long	8,693	5.1238  GBP
10p ordinary	CFD	Increasing Long	9,789	5.1436  GBP
10p ordinary	CFD	Increasing Long	12,697	5.0719  GBP
10p ordinary	SWAP	Increasing Short	1	5.0540  GBP
10p ordinary	SWAP	Increasing Short	13	5.0620  GBP
10p ordinary	SWAP	Increasing Short	72	5.1180  GBP
10p ordinary	SWAP	Increasing Short	118	5.0641  GBP
10p ordinary	SWAP	Increasing Short	253	5.0560  GBP
10p ordinary	SWAP	Increasing Short	605	5.0583  GBP
10p ordinary	SWAP	Increasing Short	692	5.1268  GBP
10p ordinary	SWAP	Increasing Short	1,593	5.1440  GBP
10p ordinary	SWAP	Increasing Short	2,536	5.0795  GBP
10p ordinary	SWAP	Increasing Short	11,243	5.0985  GBP
10p ordinary	SWAP	Increasing Short	29,082	5.0614  GBP
10p ordinary	SWAP	Increasing Short	39,422	5.0720  GBP
10p ordinary	SWAP	Increasing Short	46,836	5.0775  GBP
10p ordinary	SWAP	Increasing Short	267,975	5.0883  GBP
10p ordinary	SWAP	Opening Short	1,800	5.0569  GBP
10p ordinary	SWAP	Opening Short	1,842	5.0576  GBP
10p ordinary	SWAP	Opening Short	1,921	5.0796  GBP
10p ordinary	SWAP	Opening Short	4,278	5.0603  GBP
10p ordinary	SWAP	Opening Short	6,326	5.0619  GBP
10p ordinary	SWAP	Opening Short	14,373	5.0721  GBP
10p ordinary	SWAP	Opening Short	36,987	5.0956  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:				29 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END