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

Barclays PLC

05 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				BARRATT DEVELOPMENTS PLC
	relevant securities this form relates:
(c)	Name of the party to the offer with which exempt				REDROW PLC
	principal trader is connected
(d)	Date position held/dealing undertaken:				02 Aug 2024
(e)	In addition to the company in 1(b) above, is the exempt principal				YES:
	trader making disclosures in respect of any other party to the offer?				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:			10,368,580	1.06%	4,598,126	0.47%
(2)	Cash-settled derivatives:
	and/or controlled:			3,671,041	0.38%	9,027,537	0.93%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			14,039,621	1.44%	13,625,663	1.40%
(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)	Purchases and sales
Class of relevant		Purchase/sale		Total number of		Highest price per unit	Lowest price per unit
security				securities		paid/received	paid/received
10p ordinary		Purchase		1,361,064		5.3400  GBP	5.2000  GBP
10p ordinary		Sale		1,354,488		5.3360  GBP	5.2060  GBP
ADR		Purchase		2		13.3400  USD	13.3400  USD
ADR		Sale		2		13.3400  USD	13.3400  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		SWAP		Increasing Long		395	5.2099  GBP
10p ordinary		CFD		Increasing Long		17,612	5.2355  GBP
10p ordinary		CFD		Increasing Long		11,700	5.2415  GBP
10p ordinary		CFD		Increasing Long		30	5.2470  GBP
10p ordinary		CFD		Increasing Long		21,409	5.2600  GBP
10p ordinary		CFD		Increasing Long		6,973	5.2649  GBP
10p ordinary		CFD		Decreasing Long		17,958	5.2360  GBP
10p ordinary		CFD		Decreasing Long		59	5.2562  GBP
10p ordinary		CFD		Decreasing Long		3,451	5.2658  GBP
10p ordinary		CFD		Decreasing Long		2,692	5.2744  GBP
10p ordinary		SWAP		Decreasing Short		1,975	5.2526  GBP
10p ordinary		SWAP		Decreasing Short		1,500	5.2668  GBP
10p ordinary		SWAP		Increasing Long		140	5.2154  GBP
10p ordinary		SWAP		Increasing Long		1,172	5.2284  GBP
10p ordinary		SWAP		Increasing Long		1	5.2777  GBP
10p ordinary		SWAP		Increasing Short		156	5.2089  GBP
10p ordinary		SWAP		Increasing Short		5,158	5.2150  GBP
10p ordinary		SWAP		Increasing Short		43,385	5.2256  GBP
10p ordinary		SWAP		Increasing Short		58,911	5.2314  GBP
10p ordinary		SWAP		Increasing Short		2,413	5.2523  GBP
10p ordinary		SWAP		Decreasing Short		183,845	5.2361  GBP
10p ordinary		SWAP		Decreasing Short		60,113	5.2363  GBP
10p ordinary		SWAP		Decreasing Short		286,196	5.2368  GBP
10p ordinary		SWAP		Decreasing Short		628	5.2500  GBP
10p ordinary		SWAP		Decreasing Short		3,332	5.2572  GBP
10p ordinary		SWAP		Decreasing Short		335	5.2640  GBP
10p ordinary		SWAP		Increasing Short		9,685	5.2334  GBP
10p ordinary		SWAP		Increasing Short		576	5.2523  GBP
10p ordinary		SWAP		Increasing Short		45,417	5.2603  GBP
10p ordinary		SWAP		Increasing Short		2,363	5.2606  GBP
10p ordinary		SWAP		Increasing Short		263,200	5.3400  GBP
10p ordinary		SWAP		Decreasing Short		33,775	5.2308  GBP
10p ordinary		SWAP		Decreasing Short		5,236	5.2416  GBP
10p ordinary		SWAP		Decreasing Short		1,380	5.2459  GBP
10p ordinary		SWAP		Decreasing Short		527	5.2492  GBP
10p ordinary		SWAP		Decreasing Short		10,517	5.2497  GBP
10p ordinary		SWAP		Decreasing Short		2,905	5.2528  GBP
10p ordinary		SWAP		Decreasing Short		2,258	5.2530  GBP
10p ordinary		SWAP		Decreasing Short		906	5.2565  GBP
10p ordinary		SWAP		Decreasing Short		1,817	5.2567  GBP
10p ordinary		SWAP		Decreasing Short		2,669	5.2603  GBP
10p ordinary		SWAP		Increasing Short		4,460	5.2057  GBP
10p ordinary		SWAP		Increasing Short		2,390	5.2076  GBP
10p ordinary		SWAP		Increasing Short		3,611	5.2082  GBP
10p ordinary		SWAP		Increasing Short		9,286	5.2084  GBP
10p ordinary		SWAP		Increasing Short		494	5.2097  GBP
10p ordinary		SWAP		Increasing Short		1,087	5.2125  GBP
10p ordinary		SWAP		Increasing Short		29,261	5.2140  GBP
10p ordinary		SWAP		Increasing Short		18,725	5.2163  GBP
10p ordinary		SWAP		Increasing Short		4,399	5.2172  GBP
10p ordinary		SWAP		Increasing Short		1,094	5.2188  GBP
10p ordinary		SWAP		Increasing Short		122,225	5.2360  GBP
10p ordinary		SWAP		Increasing Long		15,000	5.2376  GBP
10p ordinary		SWAP		Decreasing Long		10,000	5.2548  GBP
10p ordinary		SWAP		Opening Short		4,376	5.2361  GBP
10p ordinary		SWAP		Increasing Long		35,280	5.2356  GBP
10p ordinary		SWAP		Increasing Long		110,183	5.2360  GBP
10p ordinary		SWAP		Increasing Long		81,101	5.2379  GBP
10p ordinary		SWAP		Decreasing Long		4,666	5.2219  GBP
10p ordinary		SWAP		Decreasing Long		170,256	5.3400  GBP
(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class	Product	Writing,	Number	Exercise	Type	Expiry	Option
of	description	purchasing,	of	price		date	money
relevant		selling,	securities	per unit			paid/
security		varying etc	to which				received
			option				per unit
			relates
(ii)	Exercising
Class of relevant		Product description		Exercising/ exercised against		Number of	Exercise price per
security						securities	unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant		Nature of Dealings		Details		Price per unit (if
security						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:				05 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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