Form 8.5 (EPT/NON-RI) REDROW PLC Amendment

Barclays PLC

11 April 2024

 

FORM 8.5 (EPT/NON-RI) - Amendment to section 2a, 3a and 3b
Replaces form released on 13:29 01/03/2024
RNS Number :  3106F
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			REDROW 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:			29-Feb-24
(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?			BARRATT DEVELOPMENTS 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:				10.5p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				7,625,224	2.30%	2,602,825	0.78%
(2) Cash-settled derivatives:				1,689,484	0.51%	7,840,411	2.37%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
				9,314,708	2.81%	10,443,236	3.15%
TOTAL:
(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	Purchase/sale	Total number of	Highest price per unit	Lowest price per unit
security		securities	paid/received	paid/received
10.5p ordinary	Purchase	1102047	6.4796  GBP	6.3674  GBP
10.5p ordinary	Sale	472290	6.4900  GBP	6.3975  GBP
(b)	Cash-settled derivative transactions
Class of	Product  description	Nature of dealing	Number of	Price per
relevant			reference	unit
security			securities
10.5p ordinary	SWAP	Closing Long	20	6.4050  GBP
10.5p ordinary	SWAP	Closing Long	577	6.3843  GBP
10.5p ordinary	SWAP	Closing Long	1,636	6.3674  GBP
10.5p ordinary	SWAP	Closing Long	2,649	6.4048  GBP
10.5p ordinary	SWAP	Closing Long	3,312	6.4096  GBP
10.5p ordinary	SWAP	Decreasing Long	105	6.4730  GBP
10.5p ordinary	SWAP	Decreasing Long	221	6.4717  GBP
10.5p ordinary	SWAP	Decreasing Long	270	6.4694  GBP
10.5p ordinary	SWAP	Decreasing Long	351	6.4696  GBP
10.5p ordinary	CFD	Decreasing Short	7	6.4057  GBP
10.5p ordinary	CFD	Decreasing Short	76	6.4050  GBP
10.5p ordinary	SWAP	Decreasing Short	125	6.4300  GBP
10.5p ordinary	SWAP	Decreasing Short	456	6.3998  GBP
10.5p ordinary	SWAP	Decreasing Short	2,922	6.4606  GBP
10.5p ordinary	SWAP	Decreasing Short	13,708	6.4615  GBP
10.5p ordinary	SWAP	Decreasing Short	18,357	6.4656  GBP
10.5p ordinary	SWAP	Decreasing Short	33,700	6.4075  GBP
10.5p ordinary	SWAP	Increasing Short	230	6.4462  GBP
10.5p ordinary	CFD	Increasing Short	498	6.4292  GBP
10.5p ordinary	SWAP	Increasing Short	585	6.4116  GBP
10.5p ordinary	SWAP	Increasing Short	655	6.4326  GBP
10.5p ordinary	CFD	Increasing Short	1,280	6.4050  GBP
10.5p ordinary	SWAP	Increasing Short	1,398	6.4429  GBP
10.5p ordinary	SWAP	Increasing Short	1,662	6.4262  GBP
10.5p ordinary	SWAP	Increasing Short	3,323	6.4255  GBP
10.5p ordinary	SWAP	Increasing Short	5,660	6.4375  GBP
10.5p ordinary	SWAP	Increasing Short	20,724	6.4247  GBP
10.5p ordinary	SWAP	Increasing Short	46,121	6.4314  GBP
10.5p ordinary	SWAP	Increasing Short	604,683	6.4050  GBP
10.5p ordinary	SWAP	Increasing Short	355,435	6.4050  GBP
10.5p ordinary	SWAP	Decreasing Short	355,435	6.4050  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:				11-Apr-24
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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