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

Barclays PLC

21 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:			20 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:				12,147,426	1.25%	3,745,651	0.38%
(2) Cash-settled derivatives:				3,020,696	0.31%	10,765,128	1.10%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,168,122	1.56%	14,510,779	1.49%
(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	838242	4.7791  GBP	4.7291  GBP
10p ordinary	Sale	808684	4.7769  GBP	4.7287  GBP
ADR	Purchase	1940	12.0662  USD	12.0662  USD
ADR	Sale	1940	12.0662  USD	12.0662  USD
(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	479	4.7638  GBP
10p ordinary	SWAP	Closing Short	1,175	4.7690  GBP
10p ordinary	SWAP	Closing Short	21,585	4.7682  GBP
10p ordinary	SWAP	Closing Short	29,339	4.7680  GBP
10p ordinary	SWAP	Decreasing Long	49	4.7713  GBP
10p ordinary	SWAP	Decreasing Long	54	4.7739  GBP
10p ordinary	SWAP	Decreasing Long	176	4.7608  GBP
10p ordinary	SWAP	Decreasing Long	478	4.7687  GBP
10p ordinary	SWAP	Decreasing Long	480	4.7668  GBP
10p ordinary	SWAP	Decreasing Long	811	4.7716  GBP
10p ordinary	SWAP	Decreasing Long	839	4.7513  GBP
10p ordinary	SWAP	Decreasing Long	1,171	4.7596  GBP
10p ordinary	SWAP	Decreasing Long	1,173	4.7725  GBP
10p ordinary	SWAP	Decreasing Long	1,393	4.7607  GBP
10p ordinary	SWAP	Decreasing Long	1,464	4.7659  GBP
10p ordinary	SWAP	Decreasing Long	1,653	4.7658  GBP
10p ordinary	SWAP	Decreasing Long	4,904	4.7594  GBP
10p ordinary	SWAP	Decreasing Long	6,609	4.7694  GBP
10p ordinary	SWAP	Decreasing Long	8,253	4.7626  GBP
10p ordinary	SWAP	Decreasing Long	18,573	4.7568  GBP
10p ordinary	SWAP	Decreasing Long	19,172	4.7637  GBP
10p ordinary	SWAP	Decreasing Long	61,134	4.7619  GBP
10p ordinary	SWAP	Decreasing Long	90,725	4.7680  GBP
10p ordinary	SWAP	Decreasing Short	92	4.7349  GBP
10p ordinary	SWAP	Decreasing Short	160	4.7000  GBP
10p ordinary	SWAP	Decreasing Short	330	4.7598  GBP
10p ordinary	SWAP	Decreasing Short	343	4.7473  GBP
10p ordinary	SWAP	Decreasing Short	1,086	4.7563  GBP
10p ordinary	SWAP	Decreasing Short	1,375	4.7608  GBP
10p ordinary	SWAP	Decreasing Short	2,782	4.7578  GBP
10p ordinary	SWAP	Decreasing Short	3,028	4.7660  GBP
10p ordinary	SWAP	Decreasing Short	3,431	4.7509  GBP
10p ordinary	SWAP	Decreasing Short	3,803	4.7518  GBP
10p ordinary	SWAP	Decreasing Short	4,949	4.7543  GBP
10p ordinary	CFD	Decreasing Short	9,273	4.7734  GBP
10p ordinary	SWAP	Decreasing Short	9,745	4.7649  GBP
10p ordinary	CFD	Decreasing Short	9,926	4.7287  GBP
10p ordinary	CFD	Decreasing Short	12,039	4.7679  GBP
10p ordinary	SWAP	Decreasing Short	12,408	4.7635  GBP
10p ordinary	SWAP	Decreasing Short	15,222	4.7531  GBP
10p ordinary	SWAP	Decreasing Short	15,384	4.7629  GBP
10p ordinary	SWAP	Decreasing Short	17,477	4.7606  GBP
10p ordinary	SWAP	Decreasing Short	18,797	4.7617  GBP
10p ordinary	SWAP	Decreasing Short	28,235	4.7680  GBP
10p ordinary	SWAP	Decreasing Short	31,503	4.7601  GBP
10p ordinary	SWAP	Decreasing Short	41,049	4.7679  GBP
10p ordinary	SWAP	Decreasing Short	120,960	4.7515  GBP
10p ordinary	SWAP	Decreasing Short	282,240	4.7515  GBP
10p ordinary	SWAP	Increasing Short	30	4.7770  GBP
10p ordinary	CFD	Increasing Short	115	4.7763  GBP
10p ordinary	SWAP	Increasing Short	585	4.7355  GBP
10p ordinary	CFD	Increasing Short	1,825	4.7769  GBP
10p ordinary	SWAP	Increasing Short	2,282	4.7500  GBP
10p ordinary	SWAP	Increasing Short	3,066	4.7554  GBP
10p ordinary	SWAP	Increasing Short	17,835	4.7607  GBP
10p ordinary	CFD	Increasing Short	21,965	4.7791  GBP
10p ordinary	SWAP	Increasing Short	23,267	4.7614  GBP
10p ordinary	SWAP	Increasing Short	33,350	4.7662  GBP
10p ordinary	SWAP	Increasing Short	47,570	4.7680  GBP
10p ordinary	SWAP	Increasing Short	48,381	4.7619  GBP
10p ordinary	SWAP	Increasing Short	52,116	4.7680  GBP
10p ordinary	SWAP	Increasing Short	254,278	4.7630  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:				21 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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