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

Barclays PLC
06 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:


05 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:



10,393,821

1.07%

4,604,809

0.47%

(2)

Cash-settled derivatives:






and/or controlled:



3,706,384

0.38%

9,025,643

0.93%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



14,100,205

1.45%

13,630,452

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

1,097,682

5.2360  GBP

5.0300  GBP

10p ordinary

Sale

1,079,124

5.1305  GBP

5.0328  GBP

ADR

Purchase

800

12.9450  USD

12.9450  USD

ADR

Sale

800

12.9450  USD

12.9450  USD









(b)

Cash-settled derivative transactions


Class of

Product

Nature of dealing

Number of

Price per

relevant

description


reference

unit

security



securities


10p ordinary

CFD

Increasing Long

9,797

5.0657  GBP

10p ordinary

CFD

Increasing Long

326

5.0658  GBP

10p ordinary

CFD

Increasing Long

1,484

5.0865  GBP

10p ordinary

CFD

Increasing Long

22,544

5.0880  GBP

10p ordinary

CFD

Increasing Long

2,800

5.0915  GBP

10p ordinary

CFD

Increasing Long

60,240

5.0920  GBP

10p ordinary

CFD

Decreasing Long

82,784

5.0627  GBP

10p ordinary

CFD

Decreasing Long

88

5.0682  GBP

10p ordinary

CFD

Decreasing Long

472

5.0688  GBP

10p ordinary

CFD

Decreasing Long

9,482

5.0721  GBP

10p ordinary

CFD

Decreasing Long

3,600

5.0757  GBP

10p ordinary

CFD

Decreasing Long

23,652

5.0856  GBP

10p ordinary

SWAP

Decreasing Short

23,255

5.0579  GBP

10p ordinary

SWAP

Decreasing Short

1,372

5.0691  GBP

10p ordinary

SWAP

Increasing Long

1,187

5.0917  GBP

10p ordinary

SWAP

Decreasing Long

38

5.0542  GBP

10p ordinary

SWAP

Increasing Short

337

5.0458  GBP

10p ordinary

SWAP

Increasing Short

3,530

5.0518  GBP

10p ordinary

SWAP

Increasing Short

2,514

5.0535  GBP

10p ordinary

SWAP

Increasing Short

214

5.0764  GBP

10p ordinary

SWAP

Increasing Short

30,225

5.0822  GBP

10p ordinary

SWAP

Increasing Short

56

5.1119  GBP

10p ordinary

SWAP

Increasing Short

10

5.1120  GBP

10p ordinary

SWAP

Increasing Short

256

5.1137  GBP

10p ordinary

SWAP

Increasing Short

3,154

5.1185  GBP

10p ordinary

SWAP

Decreasing Short

2,062

5.0622  GBP

10p ordinary

SWAP

Decreasing Short

221,971

5.0809  GBP

10p ordinary

SWAP

Decreasing Short

69,267

5.0910  GBP

10p ordinary

SWAP

Decreasing Short

25,497

5.0920  GBP

10p ordinary

SWAP

Increasing Short

973

5.0539  GBP

10p ordinary

SWAP

Increasing Short

11

5.0740  GBP

10p ordinary

SWAP

Increasing Short

20,019

5.0788  GBP

10p ordinary

SWAP

Increasing Short

12,789

5.0909  GBP

10p ordinary

SWAP

Increasing Short

1,832

5.0934  GBP

10p ordinary

SWAP

Increasing Short

337,641

5.2360  GBP

10p ordinary

SWAP

Decreasing Short

10,881

5.0623  GBP

10p ordinary

SWAP

Decreasing Short

4,190

5.0657  GBP

10p ordinary

SWAP

Decreasing Short

1,545

5.0740  GBP

10p ordinary

SWAP

Decreasing Short

17,187

5.0749  GBP

10p ordinary

SWAP

Decreasing Short

3,172

5.0753  GBP

10p ordinary

SWAP

Decreasing Short

9,794

5.0773  GBP

10p ordinary

SWAP

Decreasing Short

5,354

5.0801  GBP

10p ordinary

SWAP

Decreasing Short

10,933

5.0906  GBP

10p ordinary

SWAP

Decreasing Short

18,788

5.0997  GBP

10p ordinary

SWAP

Increasing Short

11,653

5.0920  GBP

10p ordinary

SWAP

Increasing Long

10,000

5.0454  GBP

10p ordinary

SWAP

Closing Long

42,000

5.0712  GBP

10p ordinary

SWAP

Decreasing Short

1,840

5.0696  GBP

10p ordinary

SWAP

Increasing Long

76,472

5.0313  GBP

10p ordinary

SWAP

Increasing Long

35,280

5.0916  GBP

10p ordinary

SWAP

Increasing Long

76,471

5.1116  GBP

10p ordinary

SWAP

Increasing Long

67,715

5.0808  GBP

10p ordinary

SWAP

Increasing Long

30,150

5.0920  GBP

10p ordinary

SWAP

Decreasing Long

2

5.0660  GBP

10p ordinary

SWAP

Decreasing Long

197,005

5.2360  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:

06 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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