FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
BARRATT DEVELOPMENTS PLC |
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(c) |
Name of the party to the offer with which exempt |
REDROW PLC |
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(d) |
Date position held/dealing undertaken: |
30 Jul 2024 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
10p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
11,178,011 |
1.15% |
4,635,891 |
0.48% |
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(2) Cash-settled derivatives: |
3,648,885 |
0.37% |
9,822,602 |
1.01% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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14,826,896 |
1.52% |
14,458,493 |
1.48% |
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(b) |
Rights to subscribe for new securities (including directors and other executive options) |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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10p ordinary |
Purchase |
1847385 |
5.2798 GBP |
5.2483 GBP |
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10p ordinary |
Sale |
802451 |
5.2800 GBP |
5.2440 GBP |
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ADR |
Purchase |
1000 |
13.4600 USD |
13.4600 USD |
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ADR |
Sale |
1000 |
13.4600 USD |
13.4600 USD |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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10p ordinary |
SWAP |
Decreasing Long |
212,540 |
5.2530 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
2,827 |
5.2648 GBP |
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10p ordinary |
CFD |
Increasing Long |
3,182 |
5.2477 GBP |
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10p ordinary |
CFD |
Increasing Long |
1 |
5.2600 GBP |
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10p ordinary |
CFD |
Increasing Long |
15,720 |
5.2623 GBP |
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10p ordinary |
CFD |
Increasing Long |
916 |
5.2635 GBP |
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10p ordinary |
CFD |
Increasing Long |
16,485 |
5.2640 GBP |
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10p ordinary |
CFD |
Increasing Long |
10,000 |
5.2655 GBP |
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10p ordinary |
CFD |
Decreasing Long |
1,211 |
5.2472 GBP |
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10p ordinary |
CFD |
Decreasing Long |
31,205 |
5.2484 GBP |
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10p ordinary |
CFD |
Decreasing Long |
14,568 |
5.2614 GBP |
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10p ordinary |
CFD |
Decreasing Long |
705 |
5.2620 GBP |
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10p ordinary |
CFD |
Decreasing Long |
396 |
5.2664 GBP |
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10p ordinary |
CFD |
Decreasing Long |
1,000 |
5.2716 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
5,247 |
5.2646 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
83 |
5.2613 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
101 |
5.2650 GBP |
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10p ordinary |
SWAP |
Increasing Short |
82,734 |
5.2643 GBP |
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10p ordinary |
SWAP |
Increasing Short |
89,844 |
5.2651 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
962 |
5.2457 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
4 |
5.2640 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
13,197 |
5.2652 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
20,069 |
5.2678 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,014 |
5.2690 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
954 |
5.2740 GBP |
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10p ordinary |
SWAP |
Increasing Short |
288 |
5.2607 GBP |
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10p ordinary |
SWAP |
Increasing Short |
11,919 |
5.2633 GBP |
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10p ordinary |
SWAP |
Increasing Short |
144,448 |
5.2640 GBP |
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10p ordinary |
SWAP |
Increasing Short |
7,403 |
5.2641 GBP |
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10p ordinary |
SWAP |
Increasing Short |
31,038 |
5.2662 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,749 |
5.2693 GBP |
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10p ordinary |
SWAP |
Increasing Short |
111 |
5.2720 GBP |
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10p ordinary |
SWAP |
Increasing Short |
159,955 |
5.2760 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
10 |
5.2629 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1 |
5.2659 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
100 |
5.2691 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
31 |
5.2702 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
24 |
5.2719 GBP |
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10p ordinary |
SWAP |
Increasing Short |
173,324 |
5.2640 GBP |
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10p ordinary |
SWAP |
Increasing Short |
3,500 |
5.2659 GBP |
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10p ordinary |
SWAP |
Increasing Short |
8,483 |
5.2665 GBP |
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10p ordinary |
SWAP |
Increasing Short |
7,243 |
5.2676 GBP |
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10p ordinary |
SWAP |
Increasing Short |
14,251 |
5.2688 GBP |
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10p ordinary |
SWAP |
Increasing Short |
4,061 |
5.2693 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,107 |
5.2695 GBP |
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10p ordinary |
SWAP |
Increasing Short |
5,004 |
5.2709 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,808 |
5.2728 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,806 |
5.2754 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
675 |
5.2655 GBP |
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10p ordinary |
SWAP |
Increasing Long |
6,610 |
5.2640 GBP |
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10p ordinary |
SWAP |
Increasing Long |
12,863 |
5.2651 GBP |
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10p ordinary |
SWAP |
Increasing Long |
10,411 |
5.2669 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
1,033 |
5.2617 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
600 |
5.2700 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
78,560 |
5.2760 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
19,169 |
5.264 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
31 Jul 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |