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

Barclays PLC

19 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:				16 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:			10,492,390	1.08%	3,540,584	0.36%
(2)	Cash-settled derivatives:
	and/or controlled:			2,625,895	0.27%	9,212,612	0.95%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			13,118,285	1.35%	12,753,196	1.31%
(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		785,012		5.3982  GBP	5.3452  GBP
10p ordinary		Sale		682,015		5.4000  GBP	5.3400  GBP
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Decreasing Short		256	5.3566  GBP
10p ordinary		CFD		Decreasing Short		3,527	5.3898  GBP
10p ordinary		CFD		Decreasing Short		932	5.3995  GBP
10p ordinary		CFD		Increasing Short		2,270	5.3465  GBP
10p ordinary		CFD		Increasing Short		1,041	5.3580  GBP
10p ordinary		CFD		Increasing Short		932	5.3584  GBP
10p ordinary		CFD		Increasing Short		2,445	5.3860  GBP
10p ordinary		CFD		Increasing Short		20,613	5.3864  GBP
10p ordinary		CFD		Increasing Short		2,021	5.3948  GBP
10p ordinary		CFD		Increasing Short		41	5.3982  GBP
10p ordinary		SWAP		Decreasing Short		17,700	5.3670  GBP
10p ordinary		SWAP		Decreasing Short		467	5.3753  GBP
10p ordinary		SWAP		Decreasing Short		855	5.3821  GBP
10p ordinary		SWAP		Increasing Short		1,605	5.3452  GBP
10p ordinary		SWAP		Increasing Short		8,373	5.3570  GBP
10p ordinary		SWAP		Increasing Long		3,937	5.3714  GBP
10p ordinary		SWAP		Decreasing Short		2	5.3580  GBP
10p ordinary		SWAP		Decreasing Short		28,397	5.3643  GBP
10p ordinary		SWAP		Decreasing Short		4,860	5.3707  GBP
10p ordinary		SWAP		Decreasing Short		104,765	5.3723  GBP
10p ordinary		SWAP		Decreasing Short		3,426	5.3743  GBP
10p ordinary		SWAP		Decreasing Short		431	5.3800  GBP
10p ordinary		SWAP		Increasing Short		584	5.3596  GBP
10p ordinary		SWAP		Increasing Short		108,310	5.3606  GBP
10p ordinary		SWAP		Increasing Short		41,390	5.3659  GBP
10p ordinary		SWAP		Increasing Short		49,749	5.3721  GBP
10p ordinary		SWAP		Increasing Short		6,053	5.3744  GBP
10p ordinary		SWAP		Increasing Short		71,427	5.3774  GBP
10p ordinary		SWAP		Increasing Short		807	5.3960  GBP
10p ordinary		SWAP		Decreasing Short		522	5.3737  GBP
10p ordinary		SWAP		Increasing Short		47,331	5.3580  GBP
10p ordinary		SWAP		Increasing Short		2,374	5.3594  GBP
10p ordinary		SWAP		Increasing Short		11,631	5.3607  GBP
10p ordinary		SWAP		Increasing Short		4,012	5.3609  GBP
10p ordinary		SWAP		Increasing Short		4,173	5.3622  GBP
10p ordinary		SWAP		Increasing Short		39,690	5.3637  GBP
10p ordinary		SWAP		Increasing Short		894	5.3730  GBP
10p ordinary		SWAP		Increasing Short		9,274	5.3870  GBP
10p ordinary		SWAP		Increasing Short		5,410	5.3876  GBP
10p ordinary		SWAP		Increasing Short		6,154	5.3887  GBP
10p ordinary		SWAP		Increasing Short		2,631	5.3893  GBP
10p ordinary		SWAP		Decreasing Short		856	5.3782  GBP
10p ordinary		SWAP		Increasing Long		48,432	5.3740  GBP
10p ordinary		SWAP		Increasing Long		48,432	5.3847  GBP
10p ordinary		SWAP		Decreasing Long		1,859	5.3901  GBP
10p ordinary		SWAP		Decreasing Short		5	5.3580  GBP
10p ordinary		SWAP		Opening Long		244,452	5.3723  GBP
10p ordinary		SWAP		Decreasing Long		68,922	5.3580  GBP
10p ordinary		SWAP		Opening Short		31,575	5.3739  GBP
10p ordinary		SWAP		Increasing Short		11,302	5.3837  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:				19 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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