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: |
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BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
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BARRATT DEVELOPMENTS PLC |
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relevant securities this form relates: |
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(c) |
Name of the party to the offer with which exempt |
REDROW PLC |
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principal trader is connected |
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(d) |
Date position held/dealing undertaken: |
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05 Aug 2024 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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trader making disclosures in respect of any other party to the offer? |
REDROW PLC |
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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 |
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and/or controlled: |
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10,393,821 |
1.07% |
4,604,809 |
0.47% |
(2) |
Cash-settled derivatives: |
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and/or controlled: |
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3,706,384 |
0.38% |
9,025,643 |
0.93% |
(3) |
Stock-settled derivatives (including options) |
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and agreements to purchase/sell: |
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0 |
0.00% |
0 |
0.00% |
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TOTAL: |
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14,100,205 |
1.45% |
13,630,452 |
1.40% |
(b) |
Rights to subscribe for new securities (including directors and other executive |
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options) |
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Class of relevant security in relation to |
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which subscription right exists |
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Details, including nature of the rights |
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concerned and relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchases 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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security |
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securities |
paid/received |
paid/received |
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10p ordinary |
Purchase |
1,097,682 |
5.2360 GBP |
5.0300 GBP |
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10p ordinary |
Sale |
1,079,124 |
5.1305 GBP |
5.0328 GBP |
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ADR |
Purchase |
800 |
12.9450 USD |
12.9450 USD |
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ADR |
Sale |
800 |
12.9450 USD |
12.9450 USD |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product |
Nature of dealing |
Number of |
Price per |
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relevant |
description |
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reference |
unit |
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security |
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securities |
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10p ordinary |
CFD |
Increasing Long |
9,797 |
5.0657 GBP |
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10p ordinary |
CFD |
Increasing Long |
326 |
5.0658 GBP |
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10p ordinary |
CFD |
Increasing Long |
1,484 |
5.0865 GBP |
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10p ordinary |
CFD |
Increasing Long |
22,544 |
5.0880 GBP |
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10p ordinary |
CFD |
Increasing Long |
2,800 |
5.0915 GBP |
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10p ordinary |
CFD |
Increasing Long |
60,240 |
5.0920 GBP |
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10p ordinary |
CFD |
Decreasing Long |
82,784 |
5.0627 GBP |
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10p ordinary |
CFD |
Decreasing Long |
88 |
5.0682 GBP |
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10p ordinary |
CFD |
Decreasing Long |
472 |
5.0688 GBP |
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10p ordinary |
CFD |
Decreasing Long |
9,482 |
5.0721 GBP |
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10p ordinary |
CFD |
Decreasing Long |
3,600 |
5.0757 GBP |
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10p ordinary |
CFD |
Decreasing Long |
23,652 |
5.0856 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
23,255 |
5.0579 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,372 |
5.0691 GBP |
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10p ordinary |
SWAP |
Increasing Long |
1,187 |
5.0917 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
38 |
5.0542 GBP |
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10p ordinary |
SWAP |
Increasing Short |
337 |
5.0458 GBP |
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10p ordinary |
SWAP |
Increasing Short |
3,530 |
5.0518 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,514 |
5.0535 GBP |
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10p ordinary |
SWAP |
Increasing Short |
214 |
5.0764 GBP |
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10p ordinary |
SWAP |
Increasing Short |
30,225 |
5.0822 GBP |
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10p ordinary |
SWAP |
Increasing Short |
56 |
5.1119 GBP |
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10p ordinary |
SWAP |
Increasing Short |
10 |
5.1120 GBP |
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10p ordinary |
SWAP |
Increasing Short |
256 |
5.1137 GBP |
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10p ordinary |
SWAP |
Increasing Short |
3,154 |
5.1185 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
2,062 |
5.0622 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
221,971 |
5.0809 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
69,267 |
5.0910 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
25,497 |
5.0920 GBP |
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10p ordinary |
SWAP |
Increasing Short |
973 |
5.0539 GBP |
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10p ordinary |
SWAP |
Increasing Short |
11 |
5.0740 GBP |
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10p ordinary |
SWAP |
Increasing Short |
20,019 |
5.0788 GBP |
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10p ordinary |
SWAP |
Increasing Short |
12,789 |
5.0909 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,832 |
5.0934 GBP |
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10p ordinary |
SWAP |
Increasing Short |
337,641 |
5.2360 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
10,881 |
5.0623 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
4,190 |
5.0657 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,545 |
5.0740 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
17,187 |
5.0749 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,172 |
5.0753 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
9,794 |
5.0773 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
5,354 |
5.0801 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
10,933 |
5.0906 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
18,788 |
5.0997 GBP |
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10p ordinary |
SWAP |
Increasing Short |
11,653 |
5.0920 GBP |
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10p ordinary |
SWAP |
Increasing Long |
10,000 |
5.0454 GBP |
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10p ordinary |
SWAP |
Closing Long |
42,000 |
5.0712 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,840 |
5.0696 GBP |
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10p ordinary |
SWAP |
Increasing Long |
76,472 |
5.0313 GBP |
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10p ordinary |
SWAP |
Increasing Long |
35,280 |
5.0916 GBP |
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10p ordinary |
SWAP |
Increasing Long |
76,471 |
5.1116 GBP |
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10p ordinary |
SWAP |
Increasing Long |
67,715 |
5.0808 GBP |
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10p ordinary |
SWAP |
Increasing Long |
30,150 |
5.0920 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
2 |
5.0660 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
197,005 |
5.2360 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 |
of |
description |
purchasing, |
of |
price |
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date |
money |
relevant |
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selling, |
securities |
per unit |
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paid/ |
security |
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varying etc |
to which |
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received |
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option |
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per unit |
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relates |
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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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security |
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securities |
unit |
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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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security |
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applicable) |
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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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formal or informal, relating to relevant securities which may be an inducement to deal |
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or refrain from dealing entered into by the exempt principal trader making the disclosure and any party |
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to the offer or any person acting in concert with a party to the offer: |
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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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the exempt principal trader making the disclosure and any other person relating to: |
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(i) the voting rights of any relevant securities under any option; or |
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(ii) the voting rights of future acquisition or disposal of any relevant securities to which |
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any derivative is referenced: |
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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: |
06 Aug 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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