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

Barclays PLC

26 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:			25 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:				12,241,675	1.26%	3,820,697	0.39%
(2) Cash-settled derivatives:				2,914,663	0.30%	10,800,281	1.11%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,156,338	1.56%	14,620,978	1.50%
(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	715466	4.7500  GBP	4.7030  GBP
10p ordinary	Sale	1211847	4.7500  GBP	4.7030  GBP
ADR	Purchase	20	11.9300  USD	11.9300  USD
ADR	Sale	20	11.9300  USD	11.9300  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	Decreasing Long	261	4.7150  GBP
10p ordinary	SWAP	Decreasing Short	165	4.7140  GBP
10p ordinary	SWAP	Decreasing Short	447	4.7262  GBP
10p ordinary	SWAP	Decreasing Short	697	4.7276  GBP
10p ordinary	SWAP	Decreasing Short	896	4.7172  GBP
10p ordinary	SWAP	Decreasing Short	1,449	4.7410  GBP
10p ordinary	SWAP	Decreasing Short	1,530	4.7409  GBP
10p ordinary	SWAP	Decreasing Short	2,442	4.7299  GBP
10p ordinary	SWAP	Decreasing Short	2,598	4.7283  GBP
10p ordinary	SWAP	Decreasing Short	4,573	4.7263  GBP
10p ordinary	SWAP	Decreasing Short	5,271	4.7234  GBP
10p ordinary	SWAP	Decreasing Short	7,746	4.7290  GBP
10p ordinary	CFD	Decreasing Short	9,232	4.7165  GBP
10p ordinary	SWAP	Decreasing Short	11,553	4.7391  GBP
10p ordinary	CFD	Decreasing Short	12,097	4.7248  GBP
10p ordinary	SWAP	Decreasing Short	12,307	4.7227  GBP
10p ordinary	CFD	Decreasing Short	13,196	4.7402  GBP
10p ordinary	SWAP	Decreasing Short	16,102	4.7269  GBP
10p ordinary	SWAP	Decreasing Short	20,368	4.7380  GBP
10p ordinary	SWAP	Decreasing Short	28,452	4.7459  GBP
10p ordinary	SWAP	Decreasing Short	31,324	4.7306  GBP
10p ordinary	SWAP	Decreasing Short	40,428	4.7323  GBP
10p ordinary	CFD	Decreasing Short	43,308	4.7456  GBP
10p ordinary	SWAP	Decreasing Short	77,543	4.7285  GBP
10p ordinary	SWAP	Decreasing Short	90,048	4.7334  GBP
10p ordinary	SWAP	Decreasing Short	184,362	4.7460  GBP
10p ordinary	SWAP	Increasing Short	7	4.7390  GBP
10p ordinary	SWAP	Increasing Short	21	4.7280  GBP
10p ordinary	CFD	Increasing Short	190	4.7503  GBP
10p ordinary	SWAP	Increasing Short	234	4.7173  GBP
10p ordinary	SWAP	Increasing Short	366	4.7170  GBP
10p ordinary	SWAP	Increasing Short	928	4.7288  GBP
10p ordinary	CFD	Increasing Short	1,438	4.7292  GBP
10p ordinary	SWAP	Increasing Short	1,764	4.7313  GBP
10p ordinary	SWAP	Increasing Short	1,948	4.7334  GBP
10p ordinary	SWAP	Increasing Short	3,620	4.7357  GBP
10p ordinary	CFD	Increasing Short	7,379	4.7245  GBP
10p ordinary	CFD	Increasing Short	7,794	4.7459  GBP
10p ordinary	CFD	Increasing Short	10,864	4.7224  GBP
10p ordinary	SWAP	Increasing Short	12,337	4.7293  GBP
10p ordinary	SWAP	Increasing Short	14,933	4.7319  GBP
10p ordinary	SWAP	Increasing Short	17,381	4.7266  GBP
10p ordinary	SWAP	Increasing Short	34,074	4.7245  GBP
10p ordinary	SWAP	Opening Short	2	4.7300  GBP
10p ordinary	SWAP	Opening Short	217	4.7249  GBP
10p ordinary	SWAP	Opening Short	7,455	4.7406  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:				26 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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