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

Barclays PLC

30 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:			29 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:				12,849,869	1.32%	4,965,252	0.51%
(2) Cash-settled derivatives:				4,136,878	0.42%	11,462,063	1.18%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,986,747	1.74%	16,427,315	1.69%
(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	1155312	5.0620  GBP	4.9535  GBP
10p ordinary	Sale	448458	5.0554  GBP	4.9535  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	80	5.0474  GBP
10p ordinary	SWAP	Decreasing Long	90	4.9760  GBP
10p ordinary	SWAP	Decreasing Long	220	4.9810  GBP
10p ordinary	SWAP	Decreasing Long	240	4.9814  GBP
10p ordinary	SWAP	Decreasing Long	284	4.9896  GBP
10p ordinary	SWAP	Decreasing Long	349	4.9759  GBP
10p ordinary	CFD	Decreasing Long	961	5.0604  GBP
10p ordinary	SWAP	Decreasing Long	1,194	5.0223  GBP
10p ordinary	SWAP	Decreasing Long	1,519	5.0373  GBP
10p ordinary	SWAP	Decreasing Long	1,582	4.9897  GBP
10p ordinary	SWAP	Decreasing Long	2,507	5.0180  GBP
10p ordinary	SWAP	Decreasing Long	3,049	4.9925  GBP
10p ordinary	SWAP	Decreasing Long	3,211	4.9932  GBP
10p ordinary	SWAP	Decreasing Long	3,387	4.9900  GBP
10p ordinary	SWAP	Decreasing Long	3,870	4.9934  GBP
10p ordinary	CFD	Decreasing Long	3,896	4.9830  GBP
10p ordinary	CFD	Decreasing Long	4,504	4.9813  GBP
10p ordinary	SWAP	Decreasing Long	4,937	5.0214  GBP
10p ordinary	SWAP	Decreasing Long	4,993	4.9836  GBP
10p ordinary	SWAP	Decreasing Long	11,458	4.9837  GBP
10p ordinary	CFD	Decreasing Long	12,064	5.0166  GBP
10p ordinary	CFD	Decreasing Long	20,057	5.0273  GBP
10p ordinary	SWAP	Decreasing Long	22,147	4.9829  GBP
10p ordinary	CFD	Decreasing Long	22,452	4.9550  GBP
10p ordinary	SWAP	Decreasing Long	23,994	4.9844  GBP
10p ordinary	SWAP	Decreasing Long	27,294	4.9843  GBP
10p ordinary	CFD	Decreasing Long	71,816	4.9553  GBP
10p ordinary	SWAP	Decreasing Long	79,278	4.9550  GBP
10p ordinary	SWAP	Decreasing Short	11	4.9819  GBP
10p ordinary	SWAP	Decreasing Short	14	4.9829  GBP
10p ordinary	SWAP	Decreasing Short	78	4.9851  GBP
10p ordinary	SWAP	Decreasing Short	105	4.9859  GBP
10p ordinary	SWAP	Decreasing Short	120	4.9830  GBP
10p ordinary	SWAP	Decreasing Short	262	5.0263  GBP
10p ordinary	SWAP	Decreasing Short	762	5.0600  GBP
10p ordinary	SWAP	Decreasing Short	981	5.0520  GBP
10p ordinary	SWAP	Decreasing Short	1,098	5.0418  GBP
10p ordinary	SWAP	Decreasing Short	1,215	5.0388  GBP
10p ordinary	SWAP	Decreasing Short	1,595	5.0165  GBP
10p ordinary	SWAP	Decreasing Short	2,011	5.0326  GBP
10p ordinary	SWAP	Decreasing Short	2,292	4.9831  GBP
10p ordinary	SWAP	Decreasing Short	2,790	4.9715  GBP
10p ordinary	SWAP	Decreasing Short	4,757	4.9549  GBP
10p ordinary	SWAP	Decreasing Short	5,212	4.9865  GBP
10p ordinary	SWAP	Decreasing Short	5,415	4.9815  GBP
10p ordinary	SWAP	Decreasing Short	5,613	4.9709  GBP
10p ordinary	SWAP	Decreasing Short	7,706	4.9814  GBP
10p ordinary	SWAP	Decreasing Short	8,807	5.0283  GBP
10p ordinary	SWAP	Decreasing Short	14,500	4.9895  GBP
10p ordinary	SWAP	Decreasing Short	22,457	4.9839  GBP
10p ordinary	SWAP	Decreasing Short	125,000	4.9684  GBP
10p ordinary	CFD	Increasing Long	515	4.9825  GBP
10p ordinary	CFD	Increasing Long	961	4.9546  GBP
10p ordinary	CFD	Increasing Long	34,516	4.9973  GBP
10p ordinary	SWAP	Increasing Short	84	5.0388  GBP
10p ordinary	SWAP	Increasing Short	85	5.0184  GBP
10p ordinary	SWAP	Increasing Short	200	4.9780  GBP
10p ordinary	SWAP	Increasing Short	366	4.9884  GBP
10p ordinary	SWAP	Increasing Short	658	4.9969  GBP
10p ordinary	SWAP	Increasing Short	1,061	5.0102  GBP
10p ordinary	SWAP	Increasing Short	1,109	4.9880  GBP
10p ordinary	SWAP	Increasing Short	1,689	4.9970  GBP
10p ordinary	SWAP	Increasing Short	2,313	4.9932  GBP
10p ordinary	SWAP	Increasing Short	2,332	4.9874  GBP
10p ordinary	SWAP	Increasing Short	2,863	5.0132  GBP
10p ordinary	SWAP	Increasing Short	3,529	4.9914  GBP
10p ordinary	SWAP	Increasing Short	12,143	4.9972  GBP
10p ordinary	SWAP	Increasing Short	14,548	4.9901  GBP
10p ordinary	SWAP	Increasing Short	14,656	4.9860  GBP
10p ordinary	SWAP	Increasing Short	15,810	4.9872  GBP
10p ordinary	SWAP	Increasing Short	30,604	4.9888  GBP
10p ordinary	SWAP	Increasing Short	30,935	4.9573  GBP
10p ordinary	SWAP	Increasing Short	35,953	4.9913  GBP
10p ordinary	SWAP	Increasing Short	49,950	4.9834  GBP
10p ordinary	SWAP	Increasing Short	99,900	4.9889  GBP
10p ordinary	SWAP	Increasing Short	268,839	4.9550  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:				30 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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