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

Barclays PLC

22 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:			21 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:				26,187,104	2.69%	4,249,726	0.44%
(2) Cash-settled derivatives:				3,968,736	0.41%	22,977,371	2.36%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				30,155,840	3.09%	27,227,097	2.79%
(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	30277732	5.5200  GBP	5.4292  GBP
10p ordinary	Sale	23617997	5.5160  GBP	5.4261  GBP
ADR	Purchase	8666	14.3500  USD	14.2457  USD
ADR	Sale	8666	14.3500  USD	14.2457  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	Decreasing Short	5,200	5.4734  GBP
10p ordinary	SWAP	Increasing Short	1,233,783	5.4300  GBP
10p ordinary	CFD	Increasing Long	1,008,000	5.4295  GBP
10p ordinary	CFD	Increasing Long	1,593	5.4300  GBP
10p ordinary	CFD	Increasing Long	7,611	5.4716  GBP
10p ordinary	CFD	Increasing Long	1,650	5.4806  GBP
10p ordinary	CFD	Increasing Long	7,749	5.4954  GBP
10p ordinary	CFD	Increasing Long	2,260	5.5015  GBP
10p ordinary	CFD	Decreasing Long	97,563	5.4304  GBP
10p ordinary	CFD	Decreasing Long	2,241	5.4477  GBP
10p ordinary	CFD	Decreasing Long	4,398	5.4726  GBP
10p ordinary	CFD	Decreasing Long	9,342	5.4929  GBP
10p ordinary	SWAP	Decreasing Short	7,856	5.4943  GBP
10p ordinary	SWAP	Increasing Short	630,142	0.0000  GBP
10p ordinary	SWAP	Opening Long	467,588	0.0000  GBP
10p ordinary	SWAP	Increasing Long	13,200	5.4729  GBP
10p ordinary	SWAP	Decreasing Short	852	5.4888  GBP
10p ordinary	SWAP	Increasing Short	38,076	0.0000  GBP
10p ordinary	SWAP	Increasing Short	799,732	0.0000  GBP
10p ordinary	SWAP	Opening Short	647,180	0.0000  GBP
10p ordinary	SWAP	Increasing Short	8,179	0.0000  GBP
10p ordinary	SWAP	Decreasing Short	17,957	5.4291  GBP
10p ordinary	SWAP	Decreasing Short	56,290	5.4300  GBP
10p ordinary	SWAP	Decreasing Short	21,713	5.4878  GBP
10p ordinary	SWAP	Increasing Short	4,059	5.4962  GBP
10p ordinary	SWAP	Decreasing Short	358,852	5.4289  GBP
10p ordinary	SWAP	Opening Long	749,453	5.4300  GBP
10p ordinary	SWAP	Increasing Long	2,447	5.4778  GBP
10p ordinary	SWAP	Increasing Long	20,629	5.4816  GBP
10p ordinary	SWAP	Increasing Long	176,615	5.4900  GBP
10p ordinary	SWAP	Increasing Long	104,542	5.5018  GBP
10p ordinary	SWAP	Increasing Long	14,493	5.5113  GBP
10p ordinary	SWAP	Opening Short	4,412,210	0.0000  GBP
10p ordinary	SWAP	Increasing Short	5,212,985	5.4300  GBP
10p ordinary	SWAP	Increasing Short	717,991	5.4302  GBP
10p ordinary	SWAP	Increasing Short	73,494	5.4800  GBP
10p ordinary	SWAP	Increasing Short	233,767	5.4806  GBP
10p ordinary	SWAP	Increasing Short	1,557	5.5022  GBP
10p ordinary	SWAP	Increasing Short	1,813	5.5079  GBP
10p ordinary	SWAP	Decreasing Short	2,611	5.4616  GBP
10p ordinary	SWAP	Decreasing Short	301	5.4753  GBP
10p ordinary	SWAP	Decreasing Short	4,027	5.4888  GBP
10p ordinary	SWAP	Decreasing Short	61,427	5.4904  GBP
10p ordinary	SWAP	Decreasing Short	5,517	5.4926  GBP
10p ordinary	SWAP	Decreasing Short	10,094	5.4932  GBP
10p ordinary	SWAP	Decreasing Short	6,955	5.4940  GBP
10p ordinary	SWAP	Decreasing Short	15,712	5.4965  GBP
10p ordinary	SWAP	Decreasing Short	61,634	5.4966  GBP
10p ordinary	SWAP	Decreasing Short	5,043	5.5038  GBP
10p ordinary	SWAP	Decreasing Short	4,362	5.5087  GBP
10p ordinary	SWAP	Increasing Short	98,131	0.0000  GBP
10p ordinary	SWAP	Increasing Short	26,018	5.4739  GBP
10p ordinary	SWAP	Increasing Short	8,312	5.4795  GBP
10p ordinary	SWAP	Increasing Short	6,595	5.4803  GBP
10p ordinary	SWAP	Increasing Short	2,047	5.4842  GBP
10p ordinary	SWAP	Increasing Short	467	5.4892  GBP
10p ordinary	SWAP	Increasing Short	3,171	5.4936  GBP
10p ordinary	SWAP	Increasing Short	3,507	5.4947  GBP
10p ordinary	SWAP	Increasing Short	627	5.4980  GBP
10p ordinary	SWAP	Increasing Short	13,108	5.4999  GBP
10p ordinary	SWAP	Increasing Short	1,246	5.5043  GBP
10p ordinary	SWAP	Increasing Short	3,760	5.5068  GBP
10p ordinary	SWAP	Decreasing Short	676	5.4920  GBP
10p ordinary	SWAP	Decreasing Short	664	5.4998  GBP
10p ordinary	SWAP	Increasing Short	387,758	0.0000  GBP
10p ordinary	SWAP	Increasing Short	332	5.4998  GBP
10p ordinary	SWAP	Increasing Long	378,000	5.4295  GBP
10p ordinary	SWAP	Increasing Long	23,361	5.4808  GBP
10p ordinary	SWAP	Increasing Long	96,864	5.4870  GBP
10p ordinary	SWAP	Decreasing Long	859,511	0.0000  GBP
10p ordinary	SWAP	Decreasing Long	1,177	5.4725  GBP
10p ordinary	SWAP	Opening Long	720,000	5.4286  GBP
10p ordinary	SWAP	Opening Long	786,364	5.4289  GBP
10p ordinary	SWAP	Increasing Long	871,603	5.4300  GBP
10p ordinary	SWAP	Increasing Long	83,325	5.4777  GBP
10p ordinary	SWAP	Increasing Long	10,553	5.4884  GBP
10p ordinary	SWAP	Decreasing Long	1,235,005	0.0000  GBP
10p ordinary	SWAP	Opening Short	2,637,060	5.4300  GBP
10p ordinary	SWAP	Increasing Short	56,379	5.4842  GBP
10p ordinary	SWAP	Increasing Short	124,901	5.4860  GBP
10p ordinary	SWAP	Increasing Short	3,187	5.5056  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:				22 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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