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

Barclays PLC

11 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:			10 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:				11,023,368	1.13%	6,486,968	0.67%
(2) Cash-settled derivatives:				5,510,516	0.57%	9,592,802	0.98%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,533,884	1.70%	16,079,770	1.65%
(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	1398572	5.0259  GBP	4.7640  GBP
10p ordinary	Sale	1564820	4.9120  GBP	4.7640  GBP
(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	19,955	4.8354  GBP
10p ordinary	SWAP	Decreasing Short	23,551	4.7805  GBP
10p ordinary	CFD	Decreasing Short	10,099	4.7914  GBP
10p ordinary	CFD	Decreasing Short	120,552	4.8014  GBP
10p ordinary	CFD	Opening Long	12,742	4.8316  GBP
10p ordinary	CFD	Increasing Long	3,485	4.8506  GBP
10p ordinary	CFD	Opening Short	27,714	4.8347  GBP
10p ordinary	CFD	Increasing Short	3,485	4.8503  GBP
10p ordinary	CFD	Increasing Short	92,838	4.8510  GBP
10p ordinary	CFD	Increasing Short	3,302	4.8606  GBP
10p ordinary	SWAP	Increasing Short	449	4.7870  GBP
10p ordinary	SWAP	Opening Long	18,021	4.8510  GBP
10p ordinary	SWAP	Increasing Long	234	4.8606  GBP
10p ordinary	SWAP	Closing Long	18,251	4.8512  GBP
10p ordinary	SWAP	Decreasing Short	13,197	4.8368  GBP
10p ordinary	SWAP	Decreasing Short	44,603	4.8506  GBP
10p ordinary	SWAP	Increasing Short	373	4.8133  GBP
10p ordinary	SWAP	Decreasing Short	165,479	4.7825  GBP
10p ordinary	SWAP	Decreasing Short	60,000	4.8072  GBP
10p ordinary	SWAP	Decreasing Short	25,000	4.8491  GBP
10p ordinary	SWAP	Decreasing Short	20,747	4.8502  GBP
10p ordinary	SWAP	Decreasing Short	20,000	4.8557  GBP
10p ordinary	SWAP	Decreasing Short	35,000	4.8627  GBP
10p ordinary	SWAP	Increasing Long	20,260	4.8381  GBP
10p ordinary	SWAP	Decreasing Long	2	4.7921  GBP
10p ordinary	SWAP	Decreasing Long	176,229	4.8528  GBP
10p ordinary	SWAP	Decreasing Long	2,575	4.8230  GBP
10p ordinary	SWAP	Decreasing Short	1,711	4.7806  GBP
10p ordinary	SWAP	Decreasing Short	46,940	4.8500  GBP
10p ordinary	SWAP	Decreasing Short	24,843	4.8514  GBP
10p ordinary	SWAP	Increasing Short	2,923	4.7748  GBP
10p ordinary	SWAP	Increasing Short	158,028	4.8213  GBP
10p ordinary	SWAP	Increasing Short	63,344	4.8510  GBP
10p ordinary	SWAP	Increasing Short	160	4.8590  GBP
10p ordinary	SWAP	Decreasing Short	18,022	4.8052  GBP
10p ordinary	SWAP	Decreasing Short	4,783	4.8225  GBP
10p ordinary	SWAP	Decreasing Short	17,375	4.8350  GBP
10p ordinary	SWAP	Decreasing Short	59,511	4.8372  GBP
10p ordinary	SWAP	Decreasing Short	8,212	4.8378  GBP
10p ordinary	SWAP	Decreasing Short	54,809	4.8433  GBP
10p ordinary	SWAP	Decreasing Short	18,902	4.8464  GBP
10p ordinary	SWAP	Opening Long	13,769	4.8477  GBP
10p ordinary	SWAP	Increasing Long	2,759	4.8567  GBP
10p ordinary	SWAP	Increasing Long	4,418	4.8573  GBP
10p ordinary	SWAP	Decreasing Long	4,096	4.7834  GBP
10p ordinary	SWAP	Opening Short	12,361	4.7873  GBP
10p ordinary	SWAP	Increasing Short	6,565	4.7876  GBP
10p ordinary	SWAP	Increasing Short	7,163	4.7993  GBP
10p ordinary	SWAP	Increasing Short	2,932	4.8107  GBP
10p ordinary	SWAP	Increasing Short	7,513	4.8404  GBP
10p ordinary	SWAP	Increasing Short	748	4.7924  GBP
10p ordinary	SWAP	Opening Short	1,718	4.8575  GBP
10p ordinary	SWAP	Increasing Short	102,000	4.7704  GBP
10p ordinary	SWAP	Increasing Short	102,000	4.8455  GBP
10p ordinary	SWAP	Decreasing Short	17,473	4.8588  GBP
10p ordinary	SWAP	Opening Long	188,671	4.9120  GBP
10p ordinary	SWAP	Opening Short	43,998	4.8136  GBP
10p ordinary	SWAP	Increasing Short	46,000	4.8510  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:				11 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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