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

Barclays PLC

22 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:			19 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:				10,571,714	1.08%	5,908,734	0.61%
(2) Cash-settled derivatives:				4,887,338	0.50%	9,163,688	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,459,052	1.59%	15,072,422	1.55%
(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	1091233	4.9930  GBP	4.9319  GBP
10p ordinary	Sale	630831	5.0040  GBP	4.9269  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	27,683	4.9611  GBP
10p ordinary	SWAP	Closing Short	469	4.9270  GBP
10p ordinary	SWAP	Decreasing Long	566,200	4.9650  GBP
10p ordinary	CFD	Decreasing Short	677	4.9466  GBP
10p ordinary	CFD	Decreasing Short	216	4.9469  GBP
10p ordinary	CFD	Decreasing Short	2,696	4.9565  GBP
10p ordinary	CFD	Decreasing Short	13,108	4.9568  GBP
10p ordinary	CFD	Decreasing Short	50,394	4.9635  GBP
10p ordinary	CFD	Decreasing Short	30,707	4.9657  GBP
10p ordinary	CFD	Decreasing Short	11,453	5.0135  GBP
10p ordinary	CFD	Increasing Short	2,155	4.9416  GBP
10p ordinary	CFD	Increasing Short	1,924	4.9432  GBP
10p ordinary	CFD	Increasing Short	5,969	4.9640  GBP
10p ordinary	CFD	Increasing Short	677	4.9644  GBP
10p ordinary	SWAP	Decreasing Short	3,566	4.9566  GBP
10p ordinary	SWAP	Increasing Long	1	4.9636  GBP
10p ordinary	SWAP	Decreasing Long	36,536	4.9613  GBP
10p ordinary	SWAP	Decreasing Long	9,992	4.9618  GBP
10p ordinary	SWAP	Decreasing Long	2,466	4.9668  GBP
10p ordinary	SWAP	Decreasing Short	20,365	4.9612  GBP
10p ordinary	SWAP	Decreasing Short	1	4.9640  GBP
10p ordinary	SWAP	Decreasing Short	357	4.9695  GBP
10p ordinary	SWAP	Decreasing Short	86,523	4.9779  GBP
10p ordinary	SWAP	Decreasing Short	125,262	4.9814  GBP
10p ordinary	SWAP	Increasing Short	401	4.9423  GBP
10p ordinary	SWAP	Increasing Short	2,344	4.9443  GBP
10p ordinary	SWAP	Increasing Short	18,962	4.9458  GBP
10p ordinary	SWAP	Increasing Short	285	4.9470  GBP
10p ordinary	SWAP	Increasing Short	7,390	4.9549  GBP
10p ordinary	SWAP	Increasing Short	2,112	4.9640  GBP
10p ordinary	SWAP	Decreasing Short	8	4.9619  GBP
10p ordinary	SWAP	Decreasing Short	979	4.9645  GBP
10p ordinary	SWAP	Decreasing Short	225	4.9669  GBP
10p ordinary	SWAP	Decreasing Short	6,495	4.9853  GBP
10p ordinary	SWAP	Increasing Short	559	4.9437  GBP
10p ordinary	SWAP	Increasing Short	912	4.9451  GBP
10p ordinary	SWAP	Increasing Short	1,505	4.9456  GBP
10p ordinary	SWAP	Increasing Short	11,014	4.9484  GBP
10p ordinary	SWAP	Increasing Short	28,311	4.9491  GBP
10p ordinary	SWAP	Increasing Short	10,236	4.9495  GBP
10p ordinary	SWAP	Increasing Short	2,225	4.9538  GBP
10p ordinary	SWAP	Increasing Short	5,638	4.9588  GBP
10p ordinary	SWAP	Increasing Short	176,835	4.9640  GBP
10p ordinary	SWAP	Increasing Short	3,154	4.9726  GBP
10p ordinary	SWAP	Increasing Short	1,358	4.9823  GBP
10p ordinary	SWAP	Decreasing Short	641	4.9571  GBP
10p ordinary	SWAP	Decreasing Short	10,637	4.9546  GBP
10p ordinary	SWAP	Decreasing Short	11,426	4.9615  GBP
10p ordinary	SWAP	Decreasing Short	62,893	4.9640  GBP
10p ordinary	SWAP	Increasing Short	272	4.9320  GBP
10p ordinary	SWAP	Increasing Short	3,447	4.9640  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:				22 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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