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

Barclays PLC

21 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  relevant securities this form relates:			BARRATT DEVELOPMENTS PLC
(c)	Name of the party to the offer with which exempt  principal trader is connected			REDROW PLC
(d)	Date position held/dealing undertaken:			20 Aug 2024
(e)	In addition to the company in 1(b) above, is the exempt principal  trader making disclosures in respect of any other party to the offer?			YES:  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:				9,727,308	1.00%	3,796,770	0.39%
(2) Cash-settled derivatives:				2,862,271	0.29%	8,465,738	0.87%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				12,589,579	1.29%	12,262,508	1.26%
(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)	Purchase and sales
Class of relevant  security	Purchase/sale	Total number of  securities	Highest price per unit  paid/received	Lowest price per unit  paid/received
10p ordinary	Purchase	2770330	5.5790  GBP	5.4897  GBP
10p ordinary	Sale	2529289	5.6120  GBP	5.4897  GBP
ADR	Purchase	6694	14.2700  USD	14.2700  USD
ADR	Sale	6694	14.2700  USD	14.2700  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Opening Short	8,950	5.4900  GBP
10p ordinary	CFD	Increasing Long	1,472	5.4979  GBP
10p ordinary	CFD	Increasing Long	5,268	5.5000  GBP
10p ordinary	CFD	Increasing Long	4,079	5.5203  GBP
10p ordinary	CFD	Increasing Long	12,008	5.5407  GBP
10p ordinary	CFD	Increasing Long	15,505	5.5633  GBP
10p ordinary	CFD	Increasing Long	1,177	5.5738  GBP
10p ordinary	CFD	Increasing Long	1,995	5.6110  GBP
10p ordinary	CFD	Decreasing Long	9,139	5.4900  GBP
10p ordinary	CFD	Decreasing Long	31,753	5.4904  GBP
10p ordinary	CFD	Decreasing Long	6,366	5.5609  GBP
10p ordinary	SWAP	Decreasing Short	13,368	5.5336  GBP
10p ordinary	SWAP	Increasing Short	100	5.6039  GBP
10p ordinary	SWAP	Closing Short	32	5.4900  GBP
10p ordinary	SWAP	Closing Short	16,200	5.5099  GBP
10p ordinary	SWAP	Decreasing Short	866	5.5365  GBP
10p ordinary	SWAP	Decreasing Short	250,000	5.5820  GBP
10p ordinary	SWAP	Decreasing Short	139,614	5.4897  GBP
10p ordinary	SWAP	Decreasing Short	81,362	5.5341  GBP
10p ordinary	SWAP	Increasing Short	818	5.4900  GBP
10p ordinary	SWAP	Increasing Short	79	5.5553  GBP
10p ordinary	SWAP	Decreasing Short	96,583	5.4975  GBP
10p ordinary	SWAP	Decreasing Short	1,457	5.5140  GBP
10p ordinary	SWAP	Decreasing Short	206,573	5.5210  GBP
10p ordinary	SWAP	Decreasing Short	500	5.5220  GBP
10p ordinary	SWAP	Decreasing Short	34,361	5.5560  GBP
10p ordinary	SWAP	Decreasing Short	1,321	5.5572  GBP
10p ordinary	SWAP	Opening Long	112,315	5.5607  GBP
10p ordinary	SWAP	Increasing Long	356	5.6120  GBP
10p ordinary	SWAP	Opening Short	128,133	5.4901  GBP
10p ordinary	SWAP	Increasing Short	46,477	5.4940  GBP
10p ordinary	SWAP	Increasing Short	127,083	5.5097  GBP
10p ordinary	SWAP	Increasing Short	1,700	5.5116  GBP
10p ordinary	SWAP	Increasing Short	519	5.5140  GBP
10p ordinary	SWAP	Increasing Short	64,175	5.5151  GBP
10p ordinary	SWAP	Increasing Short	209,299	5.5166  GBP
10p ordinary	SWAP	Increasing Short	905	5.5398  GBP
10p ordinary	SWAP	Increasing Short	219,543	5.5400  GBP
10p ordinary	SWAP	Increasing Short	1,877	5.5790  GBP
10p ordinary	SWAP	Decreasing Short	63,366	5.4899  GBP
10p ordinary	SWAP	Decreasing Short	84	5.5637  GBP
10p ordinary	SWAP	Decreasing Short	3,106	5.5709  GBP
10p ordinary	SWAP	Decreasing Short	2,400	5.5749  GBP
10p ordinary	SWAP	Decreasing Short	22,554	5.5868  GBP
10p ordinary	SWAP	Decreasing Short	9,815	5.5869  GBP
10p ordinary	SWAP	Decreasing Short	1,042	5.5954  GBP
10p ordinary	SWAP	Decreasing Short	8,946	5.5999  GBP
10p ordinary	SWAP	Decreasing Short	145	5.6018  GBP
10p ordinary	SWAP	Decreasing Short	715	5.6021  GBP
10p ordinary	SWAP	Decreasing Short	257	5.6031  GBP
10p ordinary	SWAP	Increasing Short	2,624	5.5095  GBP
10p ordinary	SWAP	Increasing Short	12,800	5.5134  GBP
10p ordinary	SWAP	Increasing Short	30,483	5.5166  GBP
10p ordinary	SWAP	Increasing Short	75,992	5.5172  GBP
10p ordinary	SWAP	Increasing Short	18,572	5.5187  GBP
10p ordinary	SWAP	Increasing Short	81,291	5.5190  GBP
10p ordinary	SWAP	Increasing Short	1,987	5.5204  GBP
10p ordinary	SWAP	Increasing Short	24,953	5.5239  GBP
10p ordinary	SWAP	Increasing Short	11,537	5.5247  GBP
10p ordinary	SWAP	Increasing Short	63	5.5680  GBP
10p ordinary	SWAP	Opening Short	15,480	5.4908  GBP
10p ordinary	SWAP	Increasing Short	39,265	5.4925  GBP
10p ordinary	SWAP	Decreasing Long	34,861	5.5130  GBP
10p ordinary	SWAP	Decreasing Short	1,583	5.5377  GBP
10p ordinary	SWAP	Increasing Long	96,864	5.5182  GBP
10p ordinary	SWAP	Increasing Long	35,568	5.5239  GBP
10p ordinary	SWAP	Increasing Long	1,627	5.5118  GBP
10p ordinary	SWAP	Increasing Long	428,781	5.5178  GBP
10p ordinary	SWAP	Increasing Long	928	5.5190  GBP
10p ordinary	SWAP	Increasing Long	22,939	5.5559  GBP
10p ordinary	SWAP	Increasing Long	45,196	5.5564  GBP
10p ordinary	SWAP	Decreasing Long	153,295	5.4900  GBP
10p ordinary	SWAP	Decreasing Long	247,657	5.5094  GBP
10p ordinary	SWAP	Decreasing Long	99,288	5.5159  GBP
10p ordinary	SWAP	Decreasing Long	45,654	5.5164  GBP
10p ordinary	SWAP	Decreasing Long	9,483	5.5173  GBP
10p ordinary	SWAP	Opening Short	217,753	5.5400  GBP
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercising
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  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:				21 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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