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

Barclays PLC

02 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:			01 Jul 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:				11,124,200	1.14%	6,574,839	0.67%
(2) Cash-settled derivatives:				5,679,674	0.58%	9,717,277	1.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,803,874	1.72%	16,292,116	1.67%
(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	1128130	4.8390  GBP	4.7220  GBP
10p ordinary	Sale	1652351	4.8390  GBP	4.7220  GBP
ADR	Purchase	20	12.1800  USD	12.1800  USD
ADR	Sale	20	12.1800  USD	12.1800  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Short	653	4.7696  GBP
10p ordinary	CFD	Decreasing Short	11,875	4.7780  GBP
10p ordinary	CFD	Decreasing Short	3,089	4.7908  GBP
10p ordinary	CFD	Decreasing Short	25,086	4.8003  GBP
10p ordinary	CFD	Increasing Short	653	4.7783  GBP
10p ordinary	CFD	Increasing Short	200	4.7881  GBP
10p ordinary	CFD	Increasing Short	36,761	4.7946  GBP
10p ordinary	SWAP	Increasing Short	636	4.7941  GBP
10p ordinary	SWAP	Opening Long	16,710	4.7780  GBP
10p ordinary	SWAP	Increasing Long	5	4.7940  GBP
10p ordinary	SWAP	Decreasing Long	8,480	4.7782  GBP
10p ordinary	SWAP	Closing Long	2,678	4.8103  GBP
10p ordinary	SWAP	Decreasing Short	46	4.8310  GBP
10p ordinary	SWAP	Increasing Short	157	4.8268  GBP
10p ordinary	SWAP	Increasing Short	162	4.7912  GBP
10p ordinary	SWAP	Increasing Long	106	4.8012  GBP
10p ordinary	SWAP	Decreasing Long	63,988	4.7843  GBP
10p ordinary	SWAP	Decreasing Long	8,115	4.7999  GBP
10p ordinary	SWAP	Decreasing Short	422,125	4.7220  GBP
10p ordinary	SWAP	Decreasing Short	1,194	4.7700  GBP
10p ordinary	SWAP	Decreasing Short	54,556	4.7780  GBP
10p ordinary	SWAP	Decreasing Short	13,632	4.7898  GBP
10p ordinary	SWAP	Decreasing Short	30,661	4.8085  GBP
10p ordinary	SWAP	Decreasing Short	133,839	4.8098  GBP
10p ordinary	SWAP	Decreasing Short	1,778	4.8100  GBP
10p ordinary	SWAP	Decreasing Short	1,540	4.8107  GBP
10p ordinary	SWAP	Increasing Short	42,838	4.7780  GBP
10p ordinary	SWAP	Increasing Short	39,260	4.7966  GBP
10p ordinary	SWAP	Increasing Short	646	4.8097  GBP
10p ordinary	SWAP	Increasing Short	3,299	4.8110  GBP
10p ordinary	SWAP	Increasing Short	1,400	4.8121  GBP
10p ordinary	SWAP	Increasing Short	685	4.8210  GBP
10p ordinary	SWAP	Increasing Short	109,596	4.8227  GBP
10p ordinary	SWAP	Decreasing Short	21,399	4.7779  GBP
10p ordinary	SWAP	Decreasing Short	3,608	4.7863  GBP
10p ordinary	SWAP	Decreasing Short	2,212	4.7889  GBP
10p ordinary	SWAP	Decreasing Short	21,787	4.7902  GBP
10p ordinary	SWAP	Decreasing Short	8,195	4.7914  GBP
10p ordinary	SWAP	Decreasing Short	2,176	4.7915  GBP
10p ordinary	SWAP	Decreasing Short	15,356	4.7985  GBP
10p ordinary	SWAP	Decreasing Short	1,491	4.7987  GBP
10p ordinary	SWAP	Decreasing Short	10,919	4.7996  GBP
10p ordinary	SWAP	Decreasing Short	7,780	4.8030  GBP
10p ordinary	SWAP	Decreasing Short	82,957	4.8097  GBP
10p ordinary	SWAP	Increasing Short	14	4.7900  GBP
10p ordinary	SWAP	Increasing Short	1,553	4.8043  GBP
10p ordinary	SWAP	Increasing Short	1,383	4.8175  GBP
10p ordinary	SWAP	Increasing Short	274	4.8200  GBP
10p ordinary	SWAP	Increasing Short	390	4.8217  GBP
10p ordinary	SWAP	Increasing Short	15,143	4.8265  GBP
10p ordinary	SWAP	Increasing Short	973	4.8344  GBP
10p ordinary	SWAP	Decreasing Long	202	4.7924  GBP
10p ordinary	SWAP	Decreasing Long	197	4.7927  GBP
10p ordinary	SWAP	Decreasing Long	1	4.7993  GBP
10p ordinary	SWAP	Decreasing Long	282	4.8019  GBP
10p ordinary	SWAP	Decreasing Long	1,533	4.8044  GBP
10p ordinary	SWAP	Decreasing Long	2,764	4.8128  GBP
10p ordinary	SWAP	Decreasing Long	112	4.8184  GBP
10p ordinary	SWAP	Decreasing Long	41	4.8218  GBP
10p ordinary	SWAP	Decreasing Long	74	4.8306  GBP
10p ordinary	SWAP	Decreasing Long	4,838	4.8310  GBP
10p ordinary	SWAP	Increasing Short	156	4.7896  GBP
10p ordinary	SWAP	Increasing Long	27,265	4.7907  GBP
10p ordinary	SWAP	Increasing Long	20,985	4.8103  GBP
10p ordinary	SWAP	Increasing Long	44,561	4.8106  GBP
10p ordinary	SWAP	Decreasing Long	147,496	4.7220  GBP
10p ordinary	SWAP	Decreasing Long	6,825	4.7780  GBP
10p ordinary	SWAP	Decreasing Long	1,905	4.8209  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:				02 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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