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

Barclays PLC

17 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:			16 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:				10,889,731	1.12%	6,211,310	0.64%
(2) Cash-settled derivatives:				5,229,226	0.54%	9,535,940	0.98%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,118,957	1.65%	15,747,250	1.62%
(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	718008	5.0000  GBP	4.9630  GBP
10p ordinary	Sale	503776	5.0027  GBP	4.9596  GBP
ADR	Purchase	3000	12.8450  USD	12.8450  USD
ADR	Sale	3000	12.8450  USD	12.8450  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	20,845	4.9875  GBP
10p ordinary	CFD	Decreasing Short	11,270	4.9785  GBP
10p ordinary	CFD	Decreasing Short	2,059	4.9786  GBP
10p ordinary	CFD	Decreasing Short	870	4.9787  GBP
10p ordinary	CFD	Decreasing Short	15,402	4.9903  GBP
10p ordinary	CFD	Decreasing Short	930	4.9925  GBP
10p ordinary	CFD	Increasing Short	18,195	4.9895  GBP
10p ordinary	CFD	Increasing Short	3,827	4.9929  GBP
10p ordinary	CFD	Increasing Short	10,000	5.0004  GBP
10p ordinary	SWAP	Decreasing Short	419	4.9687  GBP
10p ordinary	SWAP	Increasing Short	619	4.9768  GBP
10p ordinary	SWAP	Decreasing Short	22,400	4.9890  GBP
10p ordinary	SWAP	Increasing Long	342	4.9596  GBP
10p ordinary	SWAP	Increasing Long	3,178	4.9673  GBP
10p ordinary	SWAP	Increasing Long	100	4.9713  GBP
10p ordinary	SWAP	Increasing Long	1,389	4.9809  GBP
10p ordinary	SWAP	Increasing Long	342	4.9926  GBP
10p ordinary	SWAP	Increasing Long	15,308	4.9929  GBP
10p ordinary	SWAP	Decreasing Long	2	4.9930  GBP
10p ordinary	SWAP	Decreasing Short	27	4.9300  GBP
10p ordinary	SWAP	Decreasing Short	9,298	4.9733  GBP
10p ordinary	SWAP	Decreasing Short	21,341	4.9754  GBP
10p ordinary	SWAP	Decreasing Short	1,479	4.9888  GBP
10p ordinary	SWAP	Decreasing Short	31,339	4.9904  GBP
10p ordinary	SWAP	Decreasing Short	343	4.9940  GBP
10p ordinary	SWAP	Increasing Short	477	4.9471  GBP
10p ordinary	SWAP	Increasing Short	1,237	4.9702  GBP
10p ordinary	SWAP	Increasing Short	507	4.9760  GBP
10p ordinary	SWAP	Increasing Short	17,732	4.9766  GBP
10p ordinary	SWAP	Increasing Short	11,031	4.9881  GBP
10p ordinary	SWAP	Increasing Short	12,070	4.9919  GBP
10p ordinary	SWAP	Increasing Short	42,619	4.9930  GBP
10p ordinary	SWAP	Decreasing Short	18	4.9619  GBP
10p ordinary	SWAP	Decreasing Short	117	4.9689  GBP
10p ordinary	SWAP	Decreasing Short	241	4.9709  GBP
10p ordinary	SWAP	Decreasing Short	21,496	4.9929  GBP
10p ordinary	SWAP	Decreasing Short	94	4.9961  GBP
10p ordinary	SWAP	Increasing Short	31,572	4.9864  GBP
10p ordinary	SWAP	Increasing Short	40,728	4.9869  GBP
10p ordinary	SWAP	Increasing Short	30,531	4.9885  GBP
10p ordinary	SWAP	Increasing Short	28,711	4.9890  GBP
10p ordinary	SWAP	Increasing Short	7,165	4.9895  GBP
10p ordinary	SWAP	Increasing Short	13,038	4.9904  GBP
10p ordinary	SWAP	Increasing Short	7,952	4.9906  GBP
10p ordinary	SWAP	Increasing Short	7,259	4.9923  GBP
10p ordinary	SWAP	Increasing Short	18,574	4.9930  GBP
10p ordinary	SWAP	Increasing Short	4,636	4.9961  GBP
10p ordinary	SWAP	Increasing Short	18,920	4.9805  GBP
10p ordinary	SWAP	Increasing Short	21,671	4.9820  GBP
10p ordinary	SWAP	Increasing Short	56,506	4.9930  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:				17 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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