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

Barclays PLC

01 August 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:			31 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:				11,185,977	1.15%	4,219,918	0.43%
(2) Cash-settled derivatives:				3,300,983	0.34%	9,910,419	1.02%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,486,960	1.49%	14,130,337	1.45%
(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	1244039	5.3560  GBP	5.2640  GBP
10p ordinary	Sale	820100	5.3649  GBP	5.2659  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	Closing Long	212,023	5.3300  GBP
10p ordinary	SWAP	Decreasing Long	2,755	5.3471  GBP
10p ordinary	CFD	Increasing Long	10,480	5.2655  GBP
10p ordinary	CFD	Increasing Long	11,404	5.2659  GBP
10p ordinary	CFD	Increasing Long	7,697	5.3234  GBP
10p ordinary	CFD	Increasing Long	4,221	5.3428  GBP
10p ordinary	CFD	Increasing Long	4	5.3475  GBP
10p ordinary	CFD	Opening Short	206,166	5.2664  GBP
10p ordinary	CFD	Increasing Short	61,651	5.2669  GBP
10p ordinary	CFD	Increasing Short	480	5.3164  GBP
10p ordinary	CFD	Increasing Short	19,101	5.3226  GBP
10p ordinary	SWAP	Decreasing Short	5,142	5.3120  GBP
10p ordinary	SWAP	Increasing Long	9,881	5.2696  GBP
10p ordinary	SWAP	Increasing Long	477	5.3060  GBP
10p ordinary	SWAP	Decreasing Short	406	5.3160  GBP
10p ordinary	SWAP	Decreasing Short	105,459	5.3289  GBP
10p ordinary	SWAP	Decreasing Short	4,035	5.3345  GBP
10p ordinary	SWAP	Decreasing Short	203	5.3480  GBP
10p ordinary	SWAP	Increasing Short	21,228	5.2640  GBP
10p ordinary	SWAP	Increasing Short	31,300	5.2660  GBP
10p ordinary	SWAP	Increasing Short	65,346	5.2677  GBP
10p ordinary	SWAP	Increasing Short	303	5.2840  GBP
10p ordinary	SWAP	Increasing Short	86,316	5.3274  GBP
10p ordinary	SWAP	Increasing Short	6,729	5.3354  GBP
10p ordinary	SWAP	Decreasing Short	9,777	5.2659  GBP
10p ordinary	SWAP	Decreasing Short	5,428	5.3230  GBP
10p ordinary	SWAP	Decreasing Short	13,048	5.3267  GBP
10p ordinary	SWAP	Decreasing Short	34,291	5.3291  GBP
10p ordinary	SWAP	Decreasing Short	1,931	5.3295  GBP
10p ordinary	SWAP	Decreasing Short	8,511	5.3315  GBP
10p ordinary	SWAP	Decreasing Short	4,947	5.3371  GBP
10p ordinary	SWAP	Decreasing Short	2,398	5.3381  GBP
10p ordinary	SWAP	Decreasing Short	19,082	5.3383  GBP
10p ordinary	SWAP	Decreasing Short	32,572	5.3431  GBP
10p ordinary	SWAP	Decreasing Short	7,283	5.3497  GBP
10p ordinary	SWAP	Decreasing Short	569	5.3199  GBP
10p ordinary	SWAP	Increasing Long	54,715	5.3246  GBP
10p ordinary	SWAP	Decreasing Long	35,387	5.2640  GBP
10p ordinary	SWAP	Decreasing Long	21,984	5.2660  GBP
10p ordinary	SWAP	Decreasing Long	25	5.3040  GBP
10p ordinary	SWAP	Decreasing Long	18,886	5.2840  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:				01 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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