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

Barclays PLC

18 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:			17 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:				11,960,437	1.23%	4,196,548	0.43%
(2) Cash-settled derivatives:				3,411,209	0.35%	10,569,559	1.08%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,371,646	1.58%	14,766,107	1.52%
(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	1015860	4.9556  GBP	4.8756  GBP
10p ordinary	Sale	1031258	4.9528  GBP	4.8756  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	13,387	4.8957  GBP
10p ordinary	SWAP	Closing Short	40,487	4.8770  GBP
10p ordinary	SWAP	Decreasing Long	61	4.9055  GBP
10p ordinary	SWAP	Decreasing Short	100	4.9519  GBP
10p ordinary	SWAP	Decreasing Short	203	4.9003  GBP
10p ordinary	SWAP	Decreasing Short	217	4.8801  GBP
10p ordinary	SWAP	Decreasing Short	742	4.8989  GBP
10p ordinary	SWAP	Decreasing Short	1,063	4.9079  GBP
10p ordinary	SWAP	Decreasing Short	1,493	4.9057  GBP
10p ordinary	SWAP	Decreasing Short	1,655	4.9072  GBP
10p ordinary	CFD	Decreasing Short	2,155	4.9010  GBP
10p ordinary	CFD	Decreasing Short	2,275	4.9146  GBP
10p ordinary	SWAP	Decreasing Short	2,349	4.8947  GBP
10p ordinary	SWAP	Decreasing Short	3,494	4.9150  GBP
10p ordinary	SWAP	Decreasing Short	4,715	4.9078  GBP
10p ordinary	SWAP	Decreasing Short	5,681	4.9067  GBP
10p ordinary	SWAP	Decreasing Short	7,339	4.8937  GBP
10p ordinary	SWAP	Decreasing Short	7,391	4.8939  GBP
10p ordinary	CFD	Decreasing Short	11,455	4.8770  GBP
10p ordinary	CFD	Decreasing Short	11,609	4.8869  GBP
10p ordinary	SWAP	Decreasing Short	12,076	4.9121  GBP
10p ordinary	SWAP	Decreasing Short	13,399	4.8810  GBP
10p ordinary	SWAP	Decreasing Short	13,589	4.9007  GBP
10p ordinary	SWAP	Decreasing Short	34,701	4.8769  GBP
10p ordinary	SWAP	Decreasing Short	38,877	4.8975  GBP
10p ordinary	SWAP	Decreasing Short	137,956	4.9119  GBP
10p ordinary	SWAP	Increasing Long	61	4.9055  GBP
10p ordinary	SWAP	Increasing Long	2,266	4.9085  GBP
10p ordinary	SWAP	Increasing Short	120	4.8773  GBP
10p ordinary	SWAP	Increasing Short	780	4.9063  GBP
10p ordinary	SWAP	Increasing Short	1,925	4.9267  GBP
10p ordinary	CFD	Increasing Short	2,275	4.8773  GBP
10p ordinary	SWAP	Increasing Short	6,888	4.9057  GBP
10p ordinary	CFD	Increasing Short	6,965	4.9094  GBP
10p ordinary	CFD	Increasing Short	11,609	4.8869  GBP
10p ordinary	SWAP	Increasing Short	15,836	4.8972  GBP
10p ordinary	SWAP	Increasing Short	19,184	4.8834  GBP
10p ordinary	SWAP	Increasing Short	23,130	4.8915  GBP
10p ordinary	SWAP	Increasing Short	23,339	4.8770  GBP
10p ordinary	SWAP	Increasing Short	24,780	4.8979  GBP
10p ordinary	SWAP	Increasing Short	71,877	4.9031  GBP
10p ordinary	SWAP	Opening Long	6,020	4.9140  GBP
10p ordinary	SWAP	Opening Long	90,716	4.8975  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:				18 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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