Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

20 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:				19 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:			9,584,776	0.98%	3,895,279	0.40%
(2)	Cash-settled derivatives:
	and/or controlled:			2,957,608	0.30%	8,323,449	0.85%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			12,542,384	1.29%	12,218,728	1.25%
(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		542,230		5.5400  GBP	5.3720  GBP
10p ordinary		Sale		1,804,539		5.5400  GBP	5.3580  GBP
ADR		Purchase		2,000		14.2800  USD	14.2800  USD
ADR		Sale		2,000		14.2800  USD	14.2800  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		Decreasing Long		523	5.4979  GBP
10p ordinary		SWAP		Decreasing Long		63	5.4984  GBP
10p ordinary		SWAP		Decreasing Long		198	5.5044  GBP
10p ordinary		SWAP		Decreasing Long		507	5.5045  GBP
10p ordinary		SWAP		Decreasing Long		431	5.5056  GBP
10p ordinary		SWAP		Decreasing Long		1,126	5.5108  GBP
10p ordinary		SWAP		Decreasing Long		3,231	5.5122  GBP
10p ordinary		SWAP		Decreasing Long		110	5.5211  GBP
10p ordinary		CFD		Decreasing Short		994	5.3815  GBP
10p ordinary		CFD		Decreasing Short		2,170	5.4029  GBP
10p ordinary		CFD		Decreasing Short		17,785	5.4060  GBP
10p ordinary		CFD		Decreasing Short		2,301	5.4189  GBP
10p ordinary		CFD		Opening Long		58,765	5.4643  GBP
10p ordinary		CFD		Increasing Long		34,030	5.4836  GBP
10p ordinary		CFD		Increasing Long		6,421	5.5240  GBP
10p ordinary		CFD		Increasing Long		15,404	5.5395  GBP
10p ordinary		CFD		Decreasing Long		1,958	5.4760  GBP
10p ordinary		CFD		Decreasing Long		3,340	5.4959  GBP
10p ordinary		CFD		Decreasing Long		2,558	5.5259  GBP
10p ordinary		CFD		Decreasing Long		2,994	5.5310  GBP
10p ordinary		CFD		Decreasing Long		212	5.5400  GBP
10p ordinary		SWAP		Decreasing Short		13,444	5.4491  GBP
10p ordinary		SWAP		Opening Short		32	5.5200  GBP
10p ordinary		SWAP		Decreasing Short		10,100	5.5234  GBP
10p ordinary		SWAP		Decreasing Short		723	5.4553  GBP
10p ordinary		SWAP		Decreasing Short		139,322	5.5201  GBP
10p ordinary		SWAP		Decreasing Short		7,897	5.5197  GBP
10p ordinary		SWAP		Decreasing Short		69,521	5.5372  GBP
10p ordinary		SWAP		Increasing Short		5,550	5.4250  GBP
10p ordinary		SWAP		Increasing Short		225	5.5302  GBP
10p ordinary		SWAP		Increasing Short		60	5.5400  GBP
10p ordinary		SWAP		Increasing Long		548	5.5240  GBP
10p ordinary		SWAP		Decreasing Short		251,053	5.3580  GBP
10p ordinary		SWAP		Decreasing Short		3,404	5.4073  GBP
10p ordinary		SWAP		Decreasing Short		156,183	5.4727  GBP
10p ordinary		SWAP		Decreasing Short		23,836	5.5290  GBP
10p ordinary		SWAP		Decreasing Short		84,394	5.5296  GBP
10p ordinary		SWAP		Decreasing Short		297	5.5320  GBP
10p ordinary		SWAP		Decreasing Short		65,960	5.5400  GBP
10p ordinary		SWAP		Increasing Short		2,213	5.4093  GBP
10p ordinary		SWAP		Increasing Short		607	5.4160  GBP
10p ordinary		SWAP		Increasing Short		39,899	5.4420  GBP
10p ordinary		SWAP		Increasing Short		7,385	5.4838  GBP
10p ordinary		SWAP		Increasing Short		17	5.5400  GBP
10p ordinary		SWAP		Decreasing Short		39,262	5.4740  GBP
10p ordinary		SWAP		Decreasing Short		12,997	5.4817  GBP
10p ordinary		SWAP		Decreasing Short		22,401	5.4834  GBP
10p ordinary		SWAP		Decreasing Short		11,541	5.5010  GBP
10p ordinary		SWAP		Decreasing Short		12,628	5.5011  GBP
10p ordinary		SWAP		Decreasing Short		20,034	5.5039  GBP
10p ordinary		SWAP		Decreasing Short		29,725	5.5072  GBP
10p ordinary		SWAP		Decreasing Short		17,919	5.5158  GBP
10p ordinary		SWAP		Decreasing Short		3,604	5.5173  GBP
10p ordinary		SWAP		Decreasing Short		28,732	5.5199  GBP
10p ordinary		SWAP		Increasing Short		1,831	5.4124  GBP
10p ordinary		SWAP		Increasing Short		1,291	5.4174  GBP
10p ordinary		SWAP		Increasing Short		3,248	5.4394  GBP
10p ordinary		SWAP		Increasing Short		191	5.4879  GBP
10p ordinary		SWAP		Increasing Short		980	5.5284  GBP
10p ordinary		SWAP		Increasing Short		9,214	5.5298  GBP
10p ordinary		SWAP		Increasing Short		1,046	5.5301  GBP
10p ordinary		SWAP		Increasing Short		3,066	5.5303  GBP
10p ordinary		SWAP		Increasing Short		3,967	5.5311  GBP
10p ordinary		SWAP		Increasing Short		140,446	5.5400  GBP
10p ordinary		SWAP		Decreasing Short		1,218	5.4500  GBP
10p ordinary		SWAP		Decreasing Short		1,891	5.5303  GBP
10p ordinary		SWAP		Closing Short		2,429	5.5310  GBP
10p ordinary		SWAP		Increasing Long		48,432	5.4037  GBP
10p ordinary		SWAP		Increasing Long		48,432	5.5028  GBP
10p ordinary		SWAP		Increasing Long		12,133	5.5292  GBP
10p ordinary		SWAP		Decreasing Long		413	5.4273  GBP
10p ordinary		SWAP		Opening Long		83,953	5.4661  GBP
10p ordinary		SWAP		Increasing Long		117,687	5.5400  GBP
10p ordinary		SWAP		Decreasing Long		48	5.5400  GBP
10p ordinary		SWAP		Increasing Short		19,714	5.3580  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:				20 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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