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

Barclays PLC

10 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:			07 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:				13,677,472	1.40%	4,840,825	0.50%
(2) Cash-settled derivatives:				3,940,363	0.40%	12,301,337	1.26%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,617,835	1.81%	17,142,162	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	398766	5.1126  GBP	5.0070  GBP
10p ordinary	Sale	339838	5.1155  GBP	5.0071  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	Closing Short	26	5.0800  GBP
10p ordinary	SWAP	Closing Short	251	5.0100  GBP
10p ordinary	CFD	Decreasing Long	877	5.0103  GBP
10p ordinary	CFD	Decreasing Long	1,838	5.0787  GBP
10p ordinary	CFD	Decreasing Long	2,489	5.0092  GBP
10p ordinary	CFD	Decreasing Long	6,644	5.0100  GBP
10p ordinary	CFD	Decreasing Long	8,898	5.0238  GBP
10p ordinary	SWAP	Decreasing Short	352	5.0679  GBP
10p ordinary	SWAP	Decreasing Short	500	5.1240  GBP
10p ordinary	SWAP	Decreasing Short	530	5.0371  GBP
10p ordinary	SWAP	Decreasing Short	584	5.0980  GBP
10p ordinary	SWAP	Decreasing Short	692	5.0284  GBP
10p ordinary	SWAP	Decreasing Short	2,217	5.0819  GBP
10p ordinary	SWAP	Decreasing Short	2,451	5.0904  GBP
10p ordinary	SWAP	Decreasing Short	3,061	5.0467  GBP
10p ordinary	SWAP	Decreasing Short	3,160	5.0456  GBP
10p ordinary	SWAP	Decreasing Short	3,756	5.0100  GBP
10p ordinary	SWAP	Decreasing Short	8,354	5.0637  GBP
10p ordinary	SWAP	Decreasing Short	8,377	5.0597  GBP
10p ordinary	SWAP	Decreasing Short	9,549	5.0580  GBP
10p ordinary	SWAP	Decreasing Short	19,918	5.0455  GBP
10p ordinary	SWAP	Decreasing Short	24,028	5.0234  GBP
10p ordinary	SWAP	Decreasing Short	63,638	5.0624  GBP
10p ordinary	CFD	Increasing Long	877	5.1075  GBP
10p ordinary	CFD	Increasing Long	6,316	5.0773  GBP
10p ordinary	CFD	Increasing Long	17,184	5.0790  GBP
10p ordinary	CFD	Increasing Long	17,205	5.0095  GBP
10p ordinary	SWAP	Increasing Short	53	5.1080  GBP
10p ordinary	SWAP	Increasing Short	324	5.0680  GBP
10p ordinary	SWAP	Increasing Short	655	5.0080  GBP
10p ordinary	SWAP	Increasing Short	675	5.0081  GBP
10p ordinary	SWAP	Increasing Short	2,722	5.1126  GBP
10p ordinary	SWAP	Increasing Short	4,607	5.0589  GBP
10p ordinary	SWAP	Increasing Short	6,956	5.0433  GBP
10p ordinary	SWAP	Increasing Short	9,784	5.0535  GBP
10p ordinary	SWAP	Increasing Short	21,714	5.0404  GBP
10p ordinary	SWAP	Increasing Short	36,686	5.0103  GBP
10p ordinary	SWAP	Increasing Short	38,718	5.0555  GBP
10p ordinary	SWAP	Increasing Short	48,789	5.0100  GBP
10p ordinary	SWAP	Opening Short	8,818	5.0417  GBP
10p ordinary	SWAP	Opening Short	14,127	5.0615  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:				10 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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