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

Barclays PLC

04 June 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:			03 Jun 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:				13,312,450	1.37%	4,952,497	0.51%
(2) Cash-settled derivatives:				3,940,197	0.40%	11,880,166	1.22%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,252,647	1.77%	16,832,663	1.73%
(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	992104	5.1014  GBP	5.0400  GBP
10p ordinary	Sale	656924	5.1126  GBP	5.0400  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	4	5.0405  GBP
10p ordinary	SWAP	Decreasing Long	388	5.0645  GBP
10p ordinary	CFD	Decreasing Long	605	5.0964  GBP
10p ordinary	SWAP	Decreasing Long	756	5.0438  GBP
10p ordinary	SWAP	Decreasing Long	1,161	5.0662  GBP
10p ordinary	SWAP	Decreasing Long	1,295	5.0525  GBP
10p ordinary	CFD	Decreasing Long	1,408	5.0955  GBP
10p ordinary	SWAP	Decreasing Long	2,422	5.0477  GBP
10p ordinary	SWAP	Decreasing Long	2,911	5.0464  GBP
10p ordinary	SWAP	Decreasing Long	4,191	5.0494  GBP
10p ordinary	SWAP	Decreasing Long	5,155	5.0820  GBP
10p ordinary	SWAP	Decreasing Long	7,497	5.0606  GBP
10p ordinary	SWAP	Decreasing Long	8,057	5.0460  GBP
10p ordinary	SWAP	Decreasing Long	12,703	5.0480  GBP
10p ordinary	SWAP	Decreasing Long	22,393	5.0630  GBP
10p ordinary	CFD	Decreasing Long	35,068	5.0538  GBP
10p ordinary	SWAP	Decreasing Short	132	5.0620  GBP
10p ordinary	SWAP	Decreasing Short	150	5.0599  GBP
10p ordinary	SWAP	Decreasing Short	413	5.0960  GBP
10p ordinary	SWAP	Decreasing Short	581	5.0980  GBP
10p ordinary	SWAP	Decreasing Short	660	5.0719  GBP
10p ordinary	SWAP	Decreasing Short	774	5.0538  GBP
10p ordinary	SWAP	Decreasing Short	1,210	5.0805  GBP
10p ordinary	SWAP	Decreasing Short	1,361	5.0759  GBP
10p ordinary	SWAP	Decreasing Short	1,592	5.0633  GBP
10p ordinary	SWAP	Decreasing Short	1,700	5.0513  GBP
10p ordinary	SWAP	Decreasing Short	2,747	5.0781  GBP
10p ordinary	SWAP	Decreasing Short	2,758	5.0566  GBP
10p ordinary	SWAP	Decreasing Short	3,419	5.0681  GBP
10p ordinary	SWAP	Decreasing Short	3,694	5.0778  GBP
10p ordinary	SWAP	Decreasing Short	4,405	5.0695  GBP
10p ordinary	SWAP	Decreasing Short	4,847	5.0517  GBP
10p ordinary	SWAP	Decreasing Short	5,200	5.0574  GBP
10p ordinary	SWAP	Decreasing Short	6,620	5.0665  GBP
10p ordinary	SWAP	Decreasing Short	8,316	5.0879  GBP
10p ordinary	SWAP	Decreasing Short	12,250	5.0522  GBP
10p ordinary	SWAP	Decreasing Short	18,010	5.0796  GBP
10p ordinary	SWAP	Decreasing Short	19,280	5.0538  GBP
10p ordinary	SWAP	Decreasing Short	34,410	5.0478  GBP
10p ordinary	SWAP	Decreasing Short	64,987	5.0593  GBP
10p ordinary	SWAP	Increasing Long	78	5.0784  GBP
10p ordinary	SWAP	Increasing Long	88	5.0619  GBP
10p ordinary	SWAP	Increasing Long	267	5.0614  GBP
10p ordinary	SWAP	Increasing Long	401	5.0807  GBP
10p ordinary	SWAP	Increasing Long	453	5.0806  GBP
10p ordinary	CFD	Increasing Long	605	5.0476  GBP
10p ordinary	CFD	Increasing Long	629	5.1126  GBP
10p ordinary	SWAP	Increasing Long	692	5.0600  GBP
10p ordinary	SWAP	Increasing Long	737	5.0632  GBP
10p ordinary	CFD	Increasing Long	779	5.0479  GBP
10p ordinary	SWAP	Increasing Long	1,358	5.0574  GBP
10p ordinary	CFD	Increasing Long	1,614	5.0534  GBP
10p ordinary	SWAP	Increasing Long	1,829	5.0645  GBP
10p ordinary	SWAP	Increasing Long	2,220	5.0582  GBP
10p ordinary	SWAP	Increasing Long	2,252	5.0604  GBP
10p ordinary	SWAP	Increasing Long	2,277	5.0575  GBP
10p ordinary	CFD	Increasing Long	2,816	5.0955  GBP
10p ordinary	SWAP	Increasing Long	5,105	5.0617  GBP
10p ordinary	SWAP	Increasing Long	5,155	5.0820  GBP
10p ordinary	SWAP	Increasing Long	5,764	5.0661  GBP
10p ordinary	SWAP	Increasing Long	6,244	5.0624  GBP
10p ordinary	SWAP	Increasing Long	10,447	5.0460  GBP
10p ordinary	SWAP	Increasing Long	13,140	5.0660  GBP
10p ordinary	SWAP	Increasing Long	17,806	5.0630  GBP
10p ordinary	SWAP	Increasing Short	7	5.0460  GBP
10p ordinary	SWAP	Increasing Short	8	5.0363  GBP
10p ordinary	SWAP	Increasing Short	30	5.0380  GBP
10p ordinary	SWAP	Increasing Short	100	5.0418  GBP
10p ordinary	SWAP	Increasing Short	186	5.0565  GBP
10p ordinary	SWAP	Increasing Short	448	5.0880  GBP
10p ordinary	SWAP	Increasing Short	462	5.0553  GBP
10p ordinary	SWAP	Increasing Short	619	5.0500  GBP
10p ordinary	SWAP	Increasing Short	1,486	5.0530  GBP
10p ordinary	SWAP	Increasing Short	2,135	5.0788  GBP
10p ordinary	SWAP	Increasing Short	3,526	5.0798  GBP
10p ordinary	SWAP	Increasing Short	4,039	5.0768  GBP
10p ordinary	SWAP	Increasing Short	4,127	5.0595  GBP
10p ordinary	SWAP	Increasing Short	19,989	5.0598  GBP
10p ordinary	SWAP	Increasing Short	45,316	5.0625  GBP
10p ordinary	SWAP	Increasing Short	110,168	5.0636  GBP
10p ordinary	SWAP	Increasing Short	313,906	5.0480  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:				04 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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