Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

12 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:			11 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:				11,240,986	1.15%	6,555,137	0.67%
(2) Cash-settled derivatives:				5,578,501	0.57%	9,847,356	1.01%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,819,487	1.73%	16,402,493	1.68%
(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	1096954	4.9510  GBP	4.8190  GBP
10p ordinary	Sale	947505	4.9510  GBP	4.8190  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	Decreasing Short	354	4.8335  GBP
10p ordinary	CFD	Decreasing Short	23,685	4.8332  GBP
10p ordinary	CFD	Decreasing Short	3,503	4.9170  GBP
10p ordinary	CFD	Decreasing Short	1,163	4.9506  GBP
10p ordinary	CFD	Decreasing Short	3,271	4.9509  GBP
10p ordinary	CFD	Increasing Short	7,944	4.8304  GBP
10p ordinary	CFD	Increasing Short	2,000	4.8442  GBP
10p ordinary	CFD	Increasing Short	1,163	4.8783  GBP
10p ordinary	CFD	Increasing Short	19,012	4.9509  GBP
10p ordinary	SWAP	Increasing Short	2,745	4.9156  GBP
10p ordinary	SWAP	Decreasing Short	25,468	4.9239  GBP
10p ordinary	SWAP	Decreasing Short	85,432	4.9506  GBP
10p ordinary	SWAP	Increasing Short	385	4.8267  GBP
10p ordinary	SWAP	Increasing Long	3,841	4.8306  GBP
10p ordinary	SWAP	Increasing Long	7,369	4.8682  GBP
10p ordinary	SWAP	Increasing Long	9,442	4.9223  GBP
10p ordinary	SWAP	Increasing Long	508	4.9326  GBP
10p ordinary	SWAP	Increasing Long	47,131	4.9463  GBP
10p ordinary	SWAP	Closing Long	306	4.8220  GBP
10p ordinary	SWAP	Decreasing Short	474	4.8365  GBP
10p ordinary	SWAP	Decreasing Short	3,222	4.8421  GBP
10p ordinary	SWAP	Decreasing Short	40,793	4.8723  GBP
10p ordinary	SWAP	Decreasing Short	14,763	4.9461  GBP
10p ordinary	SWAP	Increasing Short	2,865	4.8481  GBP
10p ordinary	SWAP	Increasing Short	877	4.8623  GBP
10p ordinary	SWAP	Increasing Short	33,868	4.8955  GBP
10p ordinary	SWAP	Increasing Short	140,776	4.9151  GBP
10p ordinary	SWAP	Increasing Short	206,146	4.9507  GBP
10p ordinary	SWAP	Decreasing Short	208	4.8300  GBP
10p ordinary	SWAP	Decreasing Short	60	4.8395  GBP
10p ordinary	SWAP	Decreasing Short	13	4.8429  GBP
10p ordinary	SWAP	Decreasing Short	20,096	4.8830  GBP
10p ordinary	SWAP	Decreasing Short	3,253	4.8897  GBP
10p ordinary	SWAP	Opening Long	3,398	4.9304  GBP
10p ordinary	SWAP	Increasing Long	11,248	4.9372  GBP
10p ordinary	SWAP	Increasing Long	12,538	4.9509  GBP
10p ordinary	SWAP	Decreasing Long	12,181	4.8355  GBP
10p ordinary	SWAP	Decreasing Long	240	4.9140  GBP
10p ordinary	SWAP	Decreasing Long	1,101	4.9145  GBP
10p ordinary	SWAP	Decreasing Long	300	4.9170  GBP
10p ordinary	SWAP	Decreasing Long	5,978	4.9270  GBP
10p ordinary	SWAP	Opening Short	9,633	4.9287  GBP
10p ordinary	SWAP	Increasing Short	8,084	4.9294  GBP
10p ordinary	SWAP	Increasing Short	2,478	4.9295  GBP
10p ordinary	SWAP	Increasing Short	11,250	4.9347  GBP
10p ordinary	SWAP	Increasing Short	616	4.8372  GBP
10p ordinary	SWAP	Closing Short	1,718	4.9458  GBP
10p ordinary	SWAP	Decreasing Short	9,021	4.8550  GBP
10p ordinary	SWAP	Decreasing Short	13,883	4.8772  GBP
10p ordinary	SWAP	Increasing Short	14,696	4.9247  GBP
10p ordinary	SWAP	Increasing Short	19,138	4.9361  GBP
10p ordinary	SWAP	Increasing Short	28,642	4.9510  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:				12 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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