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

Barclays PLC

03 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:			02 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:				11,303,846	1.16%	6,512,465	0.67%
(2) Cash-settled derivatives:				5,632,581	0.58%	9,938,775	1.02%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,936,427	1.74%	16,451,240	1.69%
(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	906996	4.8483  GBP	4.7580  GBP
10p ordinary	Sale	664976	4.8481  GBP	4.7506  GBP
(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	46,573	4.7977  GBP
10p ordinary	CFD	Increasing Short	38,504	4.7790  GBP
10p ordinary	CFD	Increasing Short	43,753	4.7793  GBP
10p ordinary	CFD	Increasing Short	7,819	4.7901  GBP
10p ordinary	CFD	Increasing Short	3,090	4.7944  GBP
10p ordinary	CFD	Increasing Short	2,615	4.7947  GBP
10p ordinary	CFD	Increasing Short	250	4.8121  GBP
10p ordinary	SWAP	Opening Short	1,124	4.7792  GBP
10p ordinary	SWAP	Increasing Short	446	4.8226  GBP
10p ordinary	SWAP	Opening Long	6,993	4.7790  GBP
10p ordinary	SWAP	Closing Long	2	4.8150  GBP
10p ordinary	SWAP	Increasing Short	289	4.8038  GBP
10p ordinary	SWAP	Increasing Short	114,980	4.7971  GBP
10p ordinary	SWAP	Increasing Long	149	4.7506  GBP
10p ordinary	SWAP	Increasing Long	26,518	4.7853  GBP
10p ordinary	SWAP	Increasing Long	2,002	4.8120  GBP
10p ordinary	SWAP	Increasing Long	1,261	4.8168  GBP
10p ordinary	SWAP	Decreasing Short	58	4.7470  GBP
10p ordinary	SWAP	Decreasing Short	2,656	4.7889  GBP
10p ordinary	SWAP	Decreasing Short	38,144	4.7918  GBP
10p ordinary	SWAP	Decreasing Short	86,819	4.8055  GBP
10p ordinary	SWAP	Decreasing Short	925	4.8128  GBP
10p ordinary	SWAP	Decreasing Short	147	4.8140  GBP
10p ordinary	SWAP	Decreasing Short	18,014	4.8168  GBP
10p ordinary	SWAP	Increasing Short	115,594	4.7780  GBP
10p ordinary	SWAP	Increasing Short	78,121	4.7790  GBP
10p ordinary	SWAP	Increasing Short	8,064	4.7844  GBP
10p ordinary	SWAP	Increasing Short	850	4.7934  GBP
10p ordinary	SWAP	Increasing Short	4,114	4.7991  GBP
10p ordinary	SWAP	Increasing Short	12,382	4.8061  GBP
10p ordinary	SWAP	Increasing Short	636	4.8372  GBP
10p ordinary	SWAP	Decreasing Short	660	4.7759  GBP
10p ordinary	SWAP	Decreasing Short	8	4.7789  GBP
10p ordinary	SWAP	Decreasing Short	7,804	4.7929  GBP
10p ordinary	SWAP	Decreasing Short	5,113	4.7970  GBP
10p ordinary	SWAP	Decreasing Short	16,602	4.8003  GBP
10p ordinary	SWAP	Decreasing Short	16,529	4.8055  GBP
10p ordinary	SWAP	Decreasing Short	15,343	4.8085  GBP
10p ordinary	SWAP	Decreasing Short	2,970	4.8194  GBP
10p ordinary	SWAP	Decreasing Short	3,329	4.8198  GBP
10p ordinary	SWAP	Decreasing Short	20,296	4.8218  GBP
10p ordinary	SWAP	Increasing Short	12,062	4.7790  GBP
10p ordinary	SWAP	Increasing Short	27	4.8040  GBP
10p ordinary	SWAP	Increasing Short	18	4.8080  GBP
10p ordinary	SWAP	Increasing Short	1,584	4.8120  GBP
10p ordinary	SWAP	Increasing Short	344	4.8021  GBP
10p ordinary	SWAP	Increasing Short	35,280	4.7793  GBP
10p ordinary	SWAP	Increasing Long	13,924	4.8093  GBP
10p ordinary	SWAP	Increasing Long	21,830	4.8097  GBP
10p ordinary	SWAP	Decreasing Long	81,617	4.7780  GBP
10p ordinary	SWAP	Opening Short	59,693	4.7790  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:				03 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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