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

Barclays PLC

04 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:			03 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:				11,344,495	1.16%	6,681,728	0.69%
(2) Cash-settled derivatives:				5,618,882	0.58%	9,926,064	1.02%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,963,377	1.74%	16,607,792	1.70%
(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	433765	4.8701  GBP	4.8331  GBP
10p ordinary	Sale	562379	4.8703  GBP	4.8090  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	45,952	4.8533  GBP
10p ordinary	CFD	Decreasing Short	44,827	4.8695  GBP
10p ordinary	CFD	Decreasing Short	32,099	4.8696  GBP
10p ordinary	CFD	Increasing Short	11,446	4.8514  GBP
10p ordinary	CFD	Increasing Short	35,805	4.8567  GBP
10p ordinary	CFD	Increasing Short	34,506	4.8700  GBP
10p ordinary	SWAP	Increasing Short	2,209	4.8519  GBP
10p ordinary	SWAP	Opening Long	24,668	4.8700  GBP
10p ordinary	SWAP	Decreasing Long	517	4.8462  GBP
10p ordinary	SWAP	Closing Long	22,581	4.8702  GBP
10p ordinary	SWAP	Opening Short	93	4.8560  GBP
10p ordinary	SWAP	Decreasing Long	33,736	4.8672  GBP
10p ordinary	SWAP	Decreasing Long	3,710	4.8701  GBP
10p ordinary	SWAP	Decreasing Short	994	4.8273  GBP
10p ordinary	SWAP	Decreasing Short	37	4.8360  GBP
10p ordinary	SWAP	Decreasing Short	17,421	4.8462  GBP
10p ordinary	SWAP	Decreasing Short	2,601	4.8496  GBP
10p ordinary	SWAP	Decreasing Short	2,521	4.8570  GBP
10p ordinary	SWAP	Decreasing Short	453	4.8647  GBP
10p ordinary	SWAP	Decreasing Short	12,584	4.8686  GBP
10p ordinary	SWAP	Increasing Short	351	4.8461  GBP
10p ordinary	SWAP	Increasing Short	3,086	4.8508  GBP
10p ordinary	SWAP	Increasing Short	10,168	4.8562  GBP
10p ordinary	SWAP	Increasing Short	43,548	4.8580  GBP
10p ordinary	SWAP	Increasing Short	14,947	4.8656  GBP
10p ordinary	SWAP	Increasing Short	60,264	4.8700  GBP
10p ordinary	SWAP	Decreasing Short	14,871	4.8530  GBP
10p ordinary	SWAP	Decreasing Short	2,203	4.8536  GBP
10p ordinary	SWAP	Decreasing Short	2,277	4.8539  GBP
10p ordinary	SWAP	Decreasing Short	13,492	4.8584  GBP
10p ordinary	SWAP	Decreasing Short	2,552	4.8680  GBP
10p ordinary	SWAP	Decreasing Short	32,284	4.8699  GBP
10p ordinary	SWAP	Increasing Short	803	4.8399  GBP
10p ordinary	SWAP	Increasing Short	9,927	4.8495  GBP
10p ordinary	SWAP	Increasing Short	983	4.8553  GBP
10p ordinary	SWAP	Increasing Short	1,289	4.8584  GBP
10p ordinary	SWAP	Increasing Short	1,185	4.8589  GBP
10p ordinary	SWAP	Increasing Short	1,472	4.8603  GBP
10p ordinary	SWAP	Increasing Long	287	4.8504  GBP
10p ordinary	SWAP	Increasing Long	686	4.8529  GBP
10p ordinary	SWAP	Increasing Long	996	4.8551  GBP
10p ordinary	SWAP	Increasing Long	3,811	4.8566  GBP
10p ordinary	SWAP	Increasing Long	9,711	4.8588  GBP
10p ordinary	SWAP	Increasing Long	1	4.8595  GBP
10p ordinary	SWAP	Increasing Long	1	4.8605  GBP
10p ordinary	SWAP	Increasing Long	8,254	4.8699  GBP
10p ordinary	SWAP	Decreasing Short	12,952	4.8514  GBP
10p ordinary	SWAP	Opening Long	18,466	4.8549  GBP
10p ordinary	SWAP	Opening Short	15,363	4.8700  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:				04 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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