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

Barclays PLC

19 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:			18 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:				10,638,868	1.09%	6,436,282	0.66%
(2) Cash-settled derivatives:				5,482,143	0.56%	9,322,396	0.96%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,121,011	1.65%	15,758,678	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	584385	5.0330  GBP	4.9690  GBP
10p ordinary	Sale	683484	5.0387  GBP	4.9695  GBP
ADR	Purchase	20	13.0000  USD	13.0000  USD
ADR	Sale	20	13.0000  USD	13.0000  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	20,132	4.9940  GBP
10p ordinary	CFD	Decreasing Short	769	4.9615  GBP
10p ordinary	CFD	Decreasing Short	104	4.9834  GBP
10p ordinary	CFD	Decreasing Short	112	4.9853  GBP
10p ordinary	CFD	Decreasing Short	3,680	5.0068  GBP
10p ordinary	CFD	Increasing Short	66	4.9839  GBP
10p ordinary	CFD	Increasing Short	5,200	4.9840  GBP
10p ordinary	CFD	Increasing Short	769	4.9844  GBP
10p ordinary	CFD	Increasing Short	56,365	4.9848  GBP
10p ordinary	CFD	Increasing Short	46	4.9930  GBP
10p ordinary	SWAP	Decreasing Short	1,986	4.9919  GBP
10p ordinary	SWAP	Decreasing Short	16,300	4.9972  GBP
10p ordinary	SWAP	Opening Long	45,447	4.9858  GBP
10p ordinary	SWAP	Decreasing Long	16,370	4.9840  GBP
10p ordinary	SWAP	Closing Long	9,418	5.0157  GBP
10p ordinary	SWAP	Increasing Long	2,410	4.9747  GBP
10p ordinary	SWAP	Increasing Long	945	4.9785  GBP
10p ordinary	SWAP	Increasing Long	1	4.9808  GBP
10p ordinary	SWAP	Increasing Long	1,423	4.9818  GBP
10p ordinary	SWAP	Increasing Long	529	4.9876  GBP
10p ordinary	SWAP	Increasing Long	11,802	4.9884  GBP
10p ordinary	SWAP	Increasing Long	117,268	4.9908  GBP
10p ordinary	SWAP	Increasing Long	283	4.9912  GBP
10p ordinary	SWAP	Increasing Long	49,358	4.9934  GBP
10p ordinary	SWAP	Increasing Long	381	4.9947  GBP
10p ordinary	SWAP	Increasing Long	480	4.9950  GBP
10p ordinary	SWAP	Increasing Long	1,075	4.9992  GBP
10p ordinary	SWAP	Increasing Long	333	4.9996  GBP
10p ordinary	SWAP	Increasing Long	1,606	4.9998  GBP
10p ordinary	SWAP	Increasing Long	1,272	5.0009  GBP
10p ordinary	SWAP	Increasing Long	713	5.0034  GBP
10p ordinary	SWAP	Increasing Long	1,393	5.0058  GBP
10p ordinary	SWAP	Increasing Long	404	5.0088  GBP
10p ordinary	SWAP	Increasing Long	1,208	5.0099  GBP
10p ordinary	SWAP	Increasing Long	1,061	5.0101  GBP
10p ordinary	SWAP	Increasing Long	1,583	5.0136  GBP
10p ordinary	SWAP	Increasing Long	1,834	5.0155  GBP
10p ordinary	SWAP	Increasing Long	333	5.0156  GBP
10p ordinary	SWAP	Increasing Long	2,139	5.0157  GBP
10p ordinary	SWAP	Increasing Long	2,410	5.0167  GBP
10p ordinary	SWAP	Increasing Long	667	5.0168  GBP
10p ordinary	SWAP	Increasing Long	409	5.0176  GBP
10p ordinary	SWAP	Increasing Long	1,457	5.0190  GBP
10p ordinary	SWAP	Increasing Long	4,728	5.0195  GBP
10p ordinary	SWAP	Increasing Long	9,899	5.0211  GBP
10p ordinary	SWAP	Increasing Long	914	5.0256  GBP
10p ordinary	SWAP	Increasing Long	2,658	5.0304  GBP
10p ordinary	SWAP	Increasing Long	2,888	5.0370  GBP
10p ordinary	SWAP	Increasing Long	2,034	5.0386  GBP
10p ordinary	SWAP	Decreasing Short	250	4.9620  GBP
10p ordinary	SWAP	Decreasing Short	2,099	4.9828  GBP
10p ordinary	SWAP	Decreasing Short	21,796	4.9836  GBP
10p ordinary	SWAP	Decreasing Short	5,677	4.9969  GBP
10p ordinary	SWAP	Decreasing Short	1,526	5.0010  GBP
10p ordinary	SWAP	Increasing Short	582	4.9815  GBP
10p ordinary	SWAP	Increasing Short	77,288	4.9840  GBP
10p ordinary	SWAP	Increasing Short	3,386	4.9848  GBP
10p ordinary	SWAP	Increasing Short	1,037	5.0026  GBP
10p ordinary	SWAP	Increasing Short	1,846	5.0108  GBP
10p ordinary	SWAP	Increasing Short	21,404	5.0125  GBP
10p ordinary	SWAP	Decreasing Short	80	4.9799  GBP
10p ordinary	SWAP	Decreasing Short	10,137	4.9839  GBP
10p ordinary	SWAP	Decreasing Short	1,062	4.9849  GBP
10p ordinary	SWAP	Decreasing Short	2,289	4.9869  GBP
10p ordinary	SWAP	Decreasing Short	355	5.0002  GBP
10p ordinary	SWAP	Decreasing Short	2,895	5.0050  GBP
10p ordinary	SWAP	Decreasing Short	6,433	5.0085  GBP
10p ordinary	SWAP	Decreasing Short	842	5.0113  GBP
10p ordinary	SWAP	Decreasing Short	5,447	5.0137  GBP
10p ordinary	SWAP	Increasing Short	8,418	4.9927  GBP
10p ordinary	SWAP	Increasing Short	1,806	5.0170  GBP
10p ordinary	SWAP	Increasing Short	12,592	5.0182  GBP
10p ordinary	SWAP	Increasing Short	18,373	5.0189  GBP
10p ordinary	SWAP	Increasing Short	3,967	5.0200  GBP
10p ordinary	SWAP	Increasing Short	20,953	5.0213  GBP
10p ordinary	SWAP	Increasing Short	10,756	5.0228  GBP
10p ordinary	SWAP	Increasing Short	1,616	5.0240  GBP
10p ordinary	SWAP	Decreasing Short	340	4.9927  GBP
10p ordinary	SWAP	Decreasing Short	14,451	5.0061  GBP
10p ordinary	SWAP	Increasing Short	2,406	4.9828  GBP
10p ordinary	SWAP	Increasing Short	66,277	4.9840  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:				19 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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