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

Barclays PLC

15 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:			12 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:				10,556,439	1.08%	6,245,830	0.64%
(2) Cash-settled derivatives:				5,273,259	0.54%	9,195,759	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,829,698	1.62%	15,441,589	1.58%
(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	856697	5.0045  GBP	4.9280  GBP
10p ordinary	Sale	1216456	5.0092  GBP	4.9254  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	16,967	4.9679  GBP
10p ordinary	SWAP	Increasing Long	71	4.9254  GBP
10p ordinary	SWAP	Increasing Long	155	4.9403  GBP
10p ordinary	SWAP	Increasing Long	1,435	4.9461  GBP
10p ordinary	SWAP	Increasing Long	1,008	4.9471  GBP
10p ordinary	SWAP	Increasing Long	7,913	4.9474  GBP
10p ordinary	SWAP	Increasing Long	246	4.9476  GBP
10p ordinary	SWAP	Increasing Long	36	4.9497  GBP
10p ordinary	SWAP	Increasing Long	231	4.9562  GBP
10p ordinary	SWAP	Increasing Long	340	4.9604  GBP
10p ordinary	SWAP	Increasing Long	135	4.9656  GBP
10p ordinary	SWAP	Decreasing Long	322,008	5.0045  GBP
10p ordinary	CFD	Decreasing Short	37,743	4.9631  GBP
10p ordinary	CFD	Decreasing Short	913	5.0035  GBP
10p ordinary	CFD	Increasing Short	10	4.9470  GBP
10p ordinary	CFD	Increasing Short	6,678	4.9779  GBP
10p ordinary	CFD	Increasing Short	18,116	4.9780  GBP
10p ordinary	CFD	Increasing Short	913	4.9783  GBP
10p ordinary	CFD	Increasing Short	10,000	4.9784  GBP
10p ordinary	CFD	Increasing Short	12,949	4.9799  GBP
10p ordinary	CFD	Increasing Short	10,619	4.9807  GBP
10p ordinary	SWAP	Increasing Short	252	4.9723  GBP
10p ordinary	SWAP	Decreasing Short	19,375	4.9763  GBP
10p ordinary	SWAP	Decreasing Short	17,625	4.9776  GBP
10p ordinary	SWAP	Opening Long	27,144	4.9555  GBP
10p ordinary	SWAP	Increasing Long	1	4.9800  GBP
10p ordinary	SWAP	Opening Short	34,759	4.9663  GBP
10p ordinary	SWAP	Increasing Long	2,091	4.9474  GBP
10p ordinary	SWAP	Increasing Long	337	4.9656  GBP
10p ordinary	SWAP	Decreasing Long	13,224	4.9791  GBP
10p ordinary	SWAP	Decreasing Long	975	4.9896  GBP
10p ordinary	SWAP	Decreasing Short	31,715	4.9485  GBP
10p ordinary	SWAP	Decreasing Short	688,523	4.9510  GBP
10p ordinary	SWAP	Decreasing Short	60,363	4.9622  GBP
10p ordinary	SWAP	Decreasing Short	2,758	4.9629  GBP
10p ordinary	SWAP	Decreasing Short	18,734	4.9659  GBP
10p ordinary	SWAP	Decreasing Short	3,579	4.9673  GBP
10p ordinary	SWAP	Increasing Short	2,222	4.9528  GBP
10p ordinary	SWAP	Increasing Short	5,782	4.9646  GBP
10p ordinary	SWAP	Increasing Short	3,452	4.9732  GBP
10p ordinary	SWAP	Increasing Short	32,761	4.9780  GBP
10p ordinary	SWAP	Increasing Short	53,791	4.9781  GBP
10p ordinary	SWAP	Decreasing Short	1,245	4.9509  GBP
10p ordinary	SWAP	Decreasing Short	6,349	4.9779  GBP
10p ordinary	SWAP	Decreasing Short	3,789	4.9797  GBP
10p ordinary	SWAP	Decreasing Short	4,827	4.9812  GBP
10p ordinary	SWAP	Decreasing Short	813	4.9839  GBP
10p ordinary	SWAP	Decreasing Short	336	4.9899  GBP
10p ordinary	SWAP	Decreasing Short	1,061	4.9999  GBP
10p ordinary	SWAP	Decreasing Short	725	5.0003  GBP
10p ordinary	SWAP	Decreasing Short	683	5.0019  GBP
10p ordinary	SWAP	Increasing Short	5,067	4.9372  GBP
10p ordinary	SWAP	Increasing Short	6,248	4.9506  GBP
10p ordinary	SWAP	Increasing Short	6,702	4.9585  GBP
10p ordinary	SWAP	Increasing Short	45,290	4.9601  GBP
10p ordinary	SWAP	Increasing Short	2,875	4.9713  GBP
10p ordinary	SWAP	Increasing Short	10,016	4.9762  GBP
10p ordinary	SWAP	Increasing Short	11,943	4.9780  GBP
10p ordinary	SWAP	Increasing Short	4,818	4.9807  GBP
10p ordinary	SWAP	Increasing Short	4,981	4.9816  GBP
10p ordinary	SWAP	Increasing Short	921	4.9840  GBP
10p ordinary	SWAP	Decreasing Short	33,716	4.9631  GBP
10p ordinary	SWAP	Increasing Short	19,255	4.9780  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:				15 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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