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

Barclays PLC

06 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:			05 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:				13,635,245	1.40%	4,914,726	0.50%
(2) Cash-settled derivatives:				3,884,388	0.40%	12,240,008	1.26%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,519,633	1.80%	17,154,734	1.76%
(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	818230	5.1420  GBP	5.0280  GBP
10p ordinary	Sale	451307	5.1161  GBP	5.0280  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	25	5.0808  GBP
10p ordinary	SWAP	Decreasing Long	29	5.0486  GBP
10p ordinary	SWAP	Decreasing Long	44	5.1003  GBP
10p ordinary	SWAP	Decreasing Long	700	5.1305  GBP
10p ordinary	SWAP	Decreasing Long	1,212	5.0969  GBP
10p ordinary	SWAP	Decreasing Long	2,531	5.1118  GBP
10p ordinary	SWAP	Decreasing Long	2,703	5.0887  GBP
10p ordinary	SWAP	Decreasing Long	5,033	5.0800  GBP
10p ordinary	CFD	Decreasing Long	25,730	5.0985  GBP
10p ordinary	SWAP	Decreasing Short	17	5.0659  GBP
10p ordinary	SWAP	Decreasing Short	63	5.0639  GBP
10p ordinary	SWAP	Decreasing Short	118	5.0698  GBP
10p ordinary	SWAP	Decreasing Short	145	5.0980  GBP
10p ordinary	SWAP	Decreasing Short	200	5.0738  GBP
10p ordinary	SWAP	Decreasing Short	289	5.0940  GBP
10p ordinary	SWAP	Decreasing Short	311	5.0300  GBP
10p ordinary	SWAP	Decreasing Short	1,016	5.0690  GBP
10p ordinary	SWAP	Decreasing Short	1,731	5.0699  GBP
10p ordinary	SWAP	Decreasing Short	2,808	5.0800  GBP
10p ordinary	SWAP	Decreasing Short	3,267	5.0846  GBP
10p ordinary	SWAP	Decreasing Short	5,797	5.1161  GBP
10p ordinary	SWAP	Decreasing Short	12,802	5.0799  GBP
10p ordinary	SWAP	Decreasing Short	76,102	5.0783  GBP
10p ordinary	CFD	Increasing Long	1,044	5.0733  GBP
10p ordinary	CFD	Increasing Long	3,398	5.0773  GBP
10p ordinary	CFD	Increasing Long	3,562	5.0800  GBP
10p ordinary	CFD	Increasing Long	22,168	5.0724  GBP
10p ordinary	SWAP	Increasing Short	66	5.0981  GBP
10p ordinary	SWAP	Increasing Short	123	5.1066  GBP
10p ordinary	SWAP	Increasing Short	171	5.1106  GBP
10p ordinary	SWAP	Increasing Short	238	5.1071  GBP
10p ordinary	SWAP	Increasing Short	318	5.0928  GBP
10p ordinary	SWAP	Increasing Short	485	5.1167  GBP
10p ordinary	SWAP	Increasing Short	649	5.0661  GBP
10p ordinary	SWAP	Increasing Short	992	5.1164  GBP
10p ordinary	SWAP	Increasing Short	2,286	5.0886  GBP
10p ordinary	SWAP	Increasing Short	2,437	5.0912  GBP
10p ordinary	SWAP	Increasing Short	3,220	5.1288  GBP
10p ordinary	SWAP	Increasing Short	6,759	5.0726  GBP
10p ordinary	SWAP	Increasing Short	10,656	5.0783  GBP
10p ordinary	SWAP	Increasing Short	11,400	5.0732  GBP
10p ordinary	SWAP	Increasing Short	12,561	5.0655  GBP
10p ordinary	SWAP	Increasing Short	14,927	5.0788  GBP
10p ordinary	SWAP	Increasing Short	47,531	5.0777  GBP
10p ordinary	SWAP	Increasing Short	129,923	5.0797  GBP
10p ordinary	SWAP	Increasing Short	246,445	5.0800  GBP
10p ordinary	SWAP	Opening Short	7	5.1185  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:				06 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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