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

Barclays PLC

26 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:			25 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:				10,208,272	1.05%	4,778,273	0.49%
(2) Cash-settled derivatives:				3,729,385	0.38%	8,789,522	0.90%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				13,937,657	1.43%	13,567,795	1.39%
(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	2297658	5.0922  GBP	4.9945  GBP
10p ordinary	Sale	2475223	5.0920  GBP	4.9740  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	13,190	5.0614  GBP
10p ordinary	SWAP	Decreasing Long	218,072	5.0000  GBP
10p ordinary	CFD	Increasing Long	4,426	4.9936  GBP
10p ordinary	CFD	Increasing Long	10,789	5.0153  GBP
10p ordinary	CFD	Increasing Long	1,165	5.0768  GBP
10p ordinary	CFD	Increasing Long	780	5.0915  GBP
10p ordinary	CFD	Increasing Long	22,352	5.0919  GBP
10p ordinary	CFD	Decreasing Long	3,088	4.9762  GBP
10p ordinary	CFD	Decreasing Long	780	5.0023  GBP
10p ordinary	CFD	Decreasing Long	33,141	5.0219  GBP
10p ordinary	CFD	Decreasing Long	1,195	5.0664  GBP
10p ordinary	SWAP	Decreasing Short	755	5.0558  GBP
10p ordinary	SWAP	Decreasing Short	100	5.0639  GBP
10p ordinary	SWAP	Increasing Short	2,041	5.0280  GBP
10p ordinary	SWAP	Increasing Long	319	5.0616  GBP
10p ordinary	SWAP	Increasing Long	319	5.0776  GBP
10p ordinary	SWAP	Increasing Long	5,789	5.0903  GBP
10p ordinary	SWAP	Decreasing Long	230	5.0308  GBP
10p ordinary	SWAP	Decreasing Long	2	5.0922  GBP
10p ordinary	SWAP	Decreasing Short	1,403	5.0198  GBP
10p ordinary	SWAP	Decreasing Short	128,345	5.0313  GBP
10p ordinary	SWAP	Decreasing Short	46,514	5.0908  GBP
10p ordinary	SWAP	Decreasing Short	99,914	5.0919  GBP
10p ordinary	SWAP	Increasing Short	1,442	5.0007  GBP
10p ordinary	SWAP	Increasing Short	118	5.0260  GBP
10p ordinary	SWAP	Increasing Short	253	5.0271  GBP
10p ordinary	SWAP	Increasing Short	33,326	5.0563  GBP
10p ordinary	SWAP	Increasing Short	39,546	5.0834  GBP
10p ordinary	SWAP	Decreasing Short	1,139	5.0063  GBP
10p ordinary	SWAP	Decreasing Short	6,165	5.0092  GBP
10p ordinary	SWAP	Decreasing Short	8,168	5.0104  GBP
10p ordinary	SWAP	Decreasing Short	2,906	5.0149  GBP
10p ordinary	SWAP	Decreasing Short	1,260	5.0158  GBP
10p ordinary	SWAP	Decreasing Short	488	5.0199  GBP
10p ordinary	SWAP	Decreasing Short	2,662	5.0209  GBP
10p ordinary	SWAP	Decreasing Short	9,089	5.0890  GBP
10p ordinary	SWAP	Decreasing Short	43,546	5.0919  GBP
10p ordinary	SWAP	Increasing Short	3,213	5.0348  GBP
10p ordinary	SWAP	Increasing Short	14,065	5.0414  GBP
10p ordinary	SWAP	Increasing Short	3,151	5.0515  GBP
10p ordinary	SWAP	Increasing Short	937	5.0539  GBP
10p ordinary	SWAP	Increasing Short	8,045	5.0545  GBP
10p ordinary	SWAP	Increasing Short	12,253	5.0592  GBP
10p ordinary	SWAP	Increasing Short	3,129	5.0595  GBP
10p ordinary	SWAP	Increasing Short	7,174	5.0610  GBP
10p ordinary	SWAP	Increasing Short	2,731	5.0611  GBP
10p ordinary	SWAP	Increasing Short	1,234	5.0860  GBP
10p ordinary	SWAP	Decreasing Short	22,144	5.0044  GBP
10p ordinary	SWAP	Decreasing Short	35,280	5.0916  GBP
10p ordinary	SWAP	Decreasing Short	56,630	5.0388  GBP
10p ordinary	SWAP	Decreasing Short	65,420	5.0920  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:				26 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END