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

Barclays PLC

01 July 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:			28 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:				11,794,504	1.21%	6,720,922	0.69%
(2) Cash-settled derivatives:				5,825,130	0.60%	10,344,609	1.06%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,619,634	1.81%	17,065,531	1.75%
(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	1414059	4.7525  GBP	4.6960  GBP
10p ordinary	Sale	2656982	4.7500  GBP	4.6960  GBP
ADR	Purchase	840	11.8600  USD	11.8600  USD
ADR	Sale	840	11.8600  USD	11.8600  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	Opening Long	1,148,846	4.7220  GBP
10p ordinary	SWAP	Decreasing Long	1,374	4.7058  GBP
10p ordinary	SWAP	Decreasing Long	6,220	4.7215  GBP
10p ordinary	SWAP	Decreasing Long	13,267	4.7220  GBP
10p ordinary	SWAP	Decreasing Long	20,486	4.7288  GBP
10p ordinary	SWAP	Decreasing Long	1,143	4.7397  GBP
10p ordinary	SWAP	Decreasing Long	1,693	4.7402  GBP
10p ordinary	SWAP	Decreasing Long	124	4.7524  GBP
10p ordinary	CFD	Decreasing Short	30,963	4.7213  GBP
10p ordinary	CFD	Decreasing Short	19,459	4.7216  GBP
10p ordinary	CFD	Decreasing Short	17,603	4.7500  GBP
10p ordinary	CFD	Increasing Short	14,359	4.7220  GBP
10p ordinary	CFD	Increasing Short	3,362	4.7303  GBP
10p ordinary	CFD	Increasing Short	29,293	4.7348  GBP
10p ordinary	CFD	Increasing Short	3,244	4.7481  GBP
10p ordinary	CFD	Increasing Short	439	4.7482  GBP
10p ordinary	SWAP	Opening Long	251	4.7500  GBP
10p ordinary	SWAP	Opening Short	4,645	4.7222  GBP
10p ordinary	SWAP	Increasing Short	1,163	4.7365  GBP
10p ordinary	SWAP	Increasing Short	110	4.7409  GBP
10p ordinary	SWAP	Decreasing Short	1,900	4.7218  GBP
10p ordinary	SWAP	Increasing Long	651	4.7220  GBP
10p ordinary	SWAP	Decreasing Long	75,124	4.7198  GBP
10p ordinary	SWAP	Decreasing Long	4,457	4.7263  GBP
10p ordinary	SWAP	Decreasing Long	1,374	4.7371  GBP
10p ordinary	SWAP	Decreasing Short	1,848	4.7189  GBP
10p ordinary	SWAP	Decreasing Short	132,961	4.7220  GBP
10p ordinary	SWAP	Decreasing Short	50,445	4.7222  GBP
10p ordinary	SWAP	Decreasing Short	69,374	4.7278  GBP
10p ordinary	SWAP	Decreasing Short	699	4.7410  GBP
10p ordinary	SWAP	Decreasing Short	148	4.7440  GBP
10p ordinary	SWAP	Increasing Short	37,408	4.7129  GBP
10p ordinary	SWAP	Increasing Short	15,222	4.7220  GBP
10p ordinary	SWAP	Increasing Short	347	4.7300  GBP
10p ordinary	SWAP	Increasing Short	853	4.7335  GBP
10p ordinary	SWAP	Increasing Short	1,039	4.7489  GBP
10p ordinary	SWAP	Decreasing Short	27,063	4.7303  GBP
10p ordinary	SWAP	Decreasing Short	2,458	4.7367  GBP
10p ordinary	SWAP	Decreasing Short	665	4.7390  GBP
10p ordinary	SWAP	Decreasing Short	2,344	4.7428  GBP
10p ordinary	SWAP	Increasing Short	10,437	4.7144  GBP
10p ordinary	SWAP	Increasing Short	29,810	4.7160  GBP
10p ordinary	SWAP	Increasing Short	7,552	4.7181  GBP
10p ordinary	SWAP	Increasing Short	8,539	4.7192  GBP
10p ordinary	SWAP	Increasing Short	1,042	4.7211  GBP
10p ordinary	SWAP	Increasing Short	134,369	4.7220  GBP
10p ordinary	SWAP	Increasing Short	3,318	4.7228  GBP
10p ordinary	SWAP	Increasing Short	11,364	4.7252  GBP
10p ordinary	SWAP	Increasing Short	4,083	4.7277  GBP
10p ordinary	SWAP	Increasing Short	219	4.7428  GBP
10p ordinary	SWAP	Increasing Long	104,885	4.7220  GBP
10p ordinary	SWAP	Increasing Long	38,027	4.7268  GBP
10p ordinary	SWAP	Decreasing Long	26,553	4.7280  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:				01 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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