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

Barclays PLC

09 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:			08 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:				11,190,146	1.15%	6,797,190	0.70%
(2) Cash-settled derivatives:				5,669,639	0.58%	9,881,986	1.01%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,859,785	1.73%	16,679,176	1.71%
(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	796917	5.0720  GBP	5.0220  GBP
10p ordinary	Sale	944802	5.0680  GBP	5.0220  GBP
ADR	Purchase	400	12.8500  USD	12.8500  USD
ADR	Sale	400	12.8500  USD	12.8500  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	19,518	5.0407  GBP
10p ordinary	SWAP	Increasing Short	580	5.0373  GBP
10p ordinary	CFD	Decreasing Short	3,090	5.0370  GBP
10p ordinary	CFD	Decreasing Short	41,920	5.0375  GBP
10p ordinary	CFD	Decreasing Short	53,164	5.0586  GBP
10p ordinary	CFD	Decreasing Short	1,880	5.0596  GBP
10p ordinary	CFD	Increasing Short	11,711	5.0261  GBP
10p ordinary	CFD	Increasing Short	400	5.0264  GBP
10p ordinary	CFD	Increasing Short	48,881	5.0380  GBP
10p ordinary	CFD	Increasing Short	10,000	5.0384  GBP
10p ordinary	CFD	Increasing Short	4,283	5.0488  GBP
10p ordinary	CFD	Increasing Short	1,337	5.0563  GBP
10p ordinary	SWAP	Increasing Short	5,226	5.0457  GBP
10p ordinary	SWAP	Opening Long	16,183	5.0377  GBP
10p ordinary	SWAP	Increasing Long	742	5.0446  GBP
10p ordinary	SWAP	Decreasing Long	16,874	5.0380  GBP
10p ordinary	SWAP	Closing Long	1	5.0500  GBP
10p ordinary	SWAP	Opening Long	759	5.0388  GBP
10p ordinary	SWAP	Increasing Long	15,485	5.0448  GBP
10p ordinary	SWAP	Opening Short	16,908	5.0450  GBP
10p ordinary	SWAP	Increasing Long	20,374	5.0473  GBP
10p ordinary	SWAP	Increasing Long	205	5.0636  GBP
10p ordinary	SWAP	Decreasing Long	1,316	5.0327  GBP
10p ordinary	SWAP	Decreasing Long	13,350	5.0355  GBP
10p ordinary	SWAP	Decreasing Long	20,908	5.0358  GBP
10p ordinary	SWAP	Decreasing Long	867	5.0383  GBP
10p ordinary	SWAP	Decreasing Short	1,637	5.0340  GBP
10p ordinary	SWAP	Decreasing Short	28,714	5.0379  GBP
10p ordinary	SWAP	Decreasing Short	233	5.0380  GBP
10p ordinary	SWAP	Decreasing Short	1,707	5.0412  GBP
10p ordinary	SWAP	Decreasing Short	11,317	5.0457  GBP
10p ordinary	SWAP	Decreasing Short	213	5.0520  GBP
10p ordinary	SWAP	Increasing Short	27,102	5.0379  GBP
10p ordinary	SWAP	Increasing Short	1,116	5.0380  GBP
10p ordinary	SWAP	Increasing Short	3,795	5.0398  GBP
10p ordinary	SWAP	Increasing Short	70,923	5.0444  GBP
10p ordinary	SWAP	Increasing Short	1,591	5.0621  GBP
10p ordinary	SWAP	Decreasing Short	13	5.0339  GBP
10p ordinary	SWAP	Decreasing Short	48	5.0344  GBP
10p ordinary	SWAP	Decreasing Short	152	5.0355  GBP
10p ordinary	SWAP	Decreasing Short	524	5.0364  GBP
10p ordinary	SWAP	Decreasing Short	111,118	5.0379  GBP
10p ordinary	SWAP	Increasing Short	345	5.0300  GBP
10p ordinary	SWAP	Increasing Short	1,872	5.0386  GBP
10p ordinary	SWAP	Increasing Short	2,161	5.0391  GBP
10p ordinary	SWAP	Increasing Short	3,658	5.0398  GBP
10p ordinary	SWAP	Increasing Short	975	5.0400  GBP
10p ordinary	SWAP	Increasing Short	3,171	5.0445  GBP
10p ordinary	SWAP	Increasing Short	9,646	5.0453  GBP
10p ordinary	SWAP	Increasing Short	9,839	5.0380  GBP
10p ordinary	SWAP	Increasing Short	42,669	5.0438  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:				09 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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