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

Barclays PLC

25 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:			24 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:				12,731,814	1.31%	3,814,451	0.39%
(2) Cash-settled derivatives:				2,914,924	0.30%	11,295,467	1.16%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,646,738	1.61%	15,109,918	1.55%
(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	1003568	4.7790  GBP	4.7302  GBP
10p ordinary	Sale	652304	4.7760  GBP	4.7420  GBP
ADR	Purchase	2000	11.9900  USD	11.9900  USD
ADR	Sale	2000	11.9900  USD	11.9900  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	2,112	4.7518  GBP
10p ordinary	SWAP	Closing Short	18,871	4.7582  GBP
10p ordinary	SWAP	Closing Short	24,103	4.7580  GBP
10p ordinary	SWAP	Decreasing Short	3	4.7559  GBP
10p ordinary	SWAP	Decreasing Short	355	4.7495  GBP
10p ordinary	CFD	Decreasing Short	791	4.7526  GBP
10p ordinary	CFD	Decreasing Short	1,209	4.7522  GBP
10p ordinary	SWAP	Decreasing Short	1,369	4.7607  GBP
10p ordinary	SWAP	Decreasing Short	2,283	4.7541  GBP
10p ordinary	SWAP	Decreasing Short	2,373	4.7517  GBP
10p ordinary	SWAP	Decreasing Short	2,514	4.7506  GBP
10p ordinary	CFD	Decreasing Short	3,654	4.7576  GBP
10p ordinary	SWAP	Decreasing Short	3,935	4.7553  GBP
10p ordinary	SWAP	Decreasing Short	4,284	4.7438  GBP
10p ordinary	SWAP	Decreasing Short	4,368	4.7521  GBP
10p ordinary	SWAP	Decreasing Short	5,066	4.7563  GBP
10p ordinary	SWAP	Decreasing Short	5,213	4.7565  GBP
10p ordinary	SWAP	Decreasing Short	5,528	4.7543  GBP
10p ordinary	SWAP	Decreasing Short	5,727	4.7516  GBP
10p ordinary	SWAP	Decreasing Short	6,599	4.7498  GBP
10p ordinary	SWAP	Decreasing Short	8,238	4.7515  GBP
10p ordinary	CFD	Decreasing Short	12,622	4.7567  GBP
10p ordinary	SWAP	Decreasing Short	15,541	4.7520  GBP
10p ordinary	CFD	Decreasing Short	15,777	4.7518  GBP
10p ordinary	SWAP	Decreasing Short	17,600	4.7525  GBP
10p ordinary	SWAP	Decreasing Short	26,787	4.7580  GBP
10p ordinary	SWAP	Decreasing Short	40,320	4.7576  GBP
10p ordinary	SWAP	Decreasing Short	41,509	4.7579  GBP
10p ordinary	SWAP	Decreasing Short	115,200	4.7476  GBP
10p ordinary	SWAP	Increasing Short	126	4.7509  GBP
10p ordinary	SWAP	Increasing Short	173	4.7460  GBP
10p ordinary	CFD	Increasing Short	500	4.7441  GBP
10p ordinary	SWAP	Increasing Short	859	4.7508  GBP
10p ordinary	SWAP	Increasing Short	912	4.7302  GBP
10p ordinary	SWAP	Increasing Short	2,667	4.7556  GBP
10p ordinary	CFD	Increasing Short	4,812	4.7453  GBP
10p ordinary	CFD	Increasing Short	7,310	4.7580  GBP
10p ordinary	SWAP	Increasing Short	13,633	4.7568  GBP
10p ordinary	SWAP	Increasing Short	27,529	4.7525  GBP
10p ordinary	SWAP	Increasing Short	31,589	4.7541  GBP
10p ordinary	SWAP	Increasing Short	46,900	4.7566  GBP
10p ordinary	SWAP	Increasing Short	85,532	4.7537  GBP
10p ordinary	SWAP	Increasing Short	90,324	4.7579  GBP
10p ordinary	SWAP	Increasing Short	91,951	4.7580  GBP
10p ordinary	SWAP	Increasing Short	309,449	4.7563  GBP
10p ordinary	SWAP	Opening Short	5,842	4.7544  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:				25 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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