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

Barclays PLC

18 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:			17 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:				10,532,833	1.08%	6,231,156	0.64%
(2) Cash-settled derivatives:				5,234,113	0.54%	9,135,131	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,766,946	1.62%	15,366,287	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	303062	5.0090  GBP	4.9310  GBP
10p ordinary	Sale	679806	5.0091  GBP	4.9306  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	20,887	4.9433  GBP
10p ordinary	SWAP	Decreasing Long	11	4.9734  GBP
10p ordinary	SWAP	Decreasing Long	1,938	4.9738  GBP
10p ordinary	SWAP	Decreasing Long	2,618	4.9755  GBP
10p ordinary	SWAP	Decreasing Long	3,217	4.9759  GBP
10p ordinary	SWAP	Decreasing Long	20,128	4.9788  GBP
10p ordinary	SWAP	Decreasing Long	12	4.9905  GBP
10p ordinary	SWAP	Decreasing Long	6,033	4.9941  GBP
10p ordinary	CFD	Decreasing Short	21,828	4.9816  GBP
10p ordinary	CFD	Decreasing Short	1,128	4.9835  GBP
10p ordinary	CFD	Increasing Short	9,337	4.9310  GBP
10p ordinary	CFD	Increasing Short	1,128	4.9313  GBP
10p ordinary	CFD	Increasing Short	1,739	4.9462  GBP
10p ordinary	CFD	Increasing Short	3,287	4.9647  GBP
10p ordinary	SWAP	Decreasing Short	232	4.9472  GBP
10p ordinary	SWAP	Decreasing Short	908	4.9306  GBP
10p ordinary	SWAP	Decreasing Short	9,592	4.9501  GBP
10p ordinary	SWAP	Opening Long	1	4.9600  GBP
10p ordinary	SWAP	Increasing Long	938	4.9867  GBP
10p ordinary	SWAP	Opening Short	20,240	4.9404  GBP
10p ordinary	SWAP	Increasing Short	358	4.9500  GBP
10p ordinary	SWAP	Decreasing Short	309,078	5.0044  GBP
10p ordinary	SWAP	Increasing Long	10,423	4.9314  GBP
10p ordinary	SWAP	Increasing Long	901	4.9372  GBP
10p ordinary	SWAP	Increasing Long	335	4.9476  GBP
10p ordinary	SWAP	Increasing Long	5,000	4.9709  GBP
10p ordinary	SWAP	Increasing Long	1,298	5.0068  GBP
10p ordinary	SWAP	Decreasing Short	1	4.9310  GBP
10p ordinary	SWAP	Decreasing Short	46,325	4.9314  GBP
10p ordinary	SWAP	Decreasing Short	14,507	4.9523  GBP
10p ordinary	SWAP	Decreasing Short	21,357	4.9608  GBP
10p ordinary	SWAP	Decreasing Short	1,968	4.9641  GBP
10p ordinary	SWAP	Decreasing Short	1,511	4.9905  GBP
10p ordinary	SWAP	Increasing Short	23,851	4.9310  GBP
10p ordinary	SWAP	Increasing Short	6,397	4.9648  GBP
10p ordinary	SWAP	Increasing Short	472	4.9680  GBP
10p ordinary	SWAP	Increasing Short	394	4.9840  GBP
10p ordinary	SWAP	Increasing Short	1,399	4.9862  GBP
10p ordinary	SWAP	Decreasing Short	40,597	4.9309  GBP
10p ordinary	SWAP	Decreasing Short	257	4.9359  GBP
10p ordinary	SWAP	Decreasing Short	680	4.9373  GBP
10p ordinary	SWAP	Decreasing Short	6,923	4.9378  GBP
10p ordinary	SWAP	Decreasing Short	4,145	4.9405  GBP
10p ordinary	SWAP	Decreasing Short	4,193	4.9434  GBP
10p ordinary	SWAP	Decreasing Short	101	4.9569  GBP
10p ordinary	SWAP	Decreasing Short	638	4.9655  GBP
10p ordinary	SWAP	Decreasing Short	502	4.9770  GBP
10p ordinary	SWAP	Decreasing Short	180	4.9829  GBP
10p ordinary	SWAP	Increasing Short	13,489	4.9377  GBP
10p ordinary	SWAP	Increasing Short	300	4.9630  GBP
10p ordinary	SWAP	Increasing Short	1,240	4.9665  GBP
10p ordinary	SWAP	Increasing Short	1,280	4.9669  GBP
10p ordinary	SWAP	Increasing Short	55	4.9680  GBP
10p ordinary	SWAP	Increasing Short	272	4.9699  GBP
10p ordinary	SWAP	Increasing Short	200	4.9710  GBP
10p ordinary	SWAP	Decreasing Short	78	4.9429  GBP
10p ordinary	SWAP	Decreasing Short	4	4.9310  GBP
10p ordinary	SWAP	Decreasing Short	9,522	4.9550  GBP
10p ordinary	SWAP	Decreasing Short	5,310	4.9580  GBP
10p ordinary	SWAP	Increasing Short	22,927	4.9310  GBP
10p ordinary	SWAP	Increasing Short	336	4.9630  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:				18 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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