Form 8.5 (EPT/NON-RI) - Redrow plc

Barclays PLC

15 February 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:			REDROW PLC
(c)	Name of the party to the offer with which exempt  principal trader is connected			REDROW PLC
(d)	Date position held/dealing undertaken:			14 Feb 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:  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:				6,261,877	1.89%	2,671,720	0.81%
(2) Cash-settled derivatives:				1,359,652	0.41%	6,057,173	1.83%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				7,621,529	2.30%	8,728,893	2.64%
(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
10.5p ordinary	Purchase	405603	6.7050  GBP	6.6150  GBP
10.5p ordinary	Sale	144058	6.7052  GBP	6.6095  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10.5p ordinary	SWAP	Decreasing Long	53	6.6840  GBP
10.5p ordinary	SWAP	Decreasing Long	120	6.6809  GBP
10.5p ordinary	SWAP	Decreasing Long	534	6.6852  GBP
10.5p ordinary	SWAP	Decreasing Long	606	6.6976  GBP
10.5p ordinary	SWAP	Decreasing Long	770	6.6674  GBP
10.5p ordinary	SWAP	Decreasing Long	1,424	6.6707  GBP
10.5p ordinary	SWAP	Decreasing Long	1,653	6.6586  GBP
10.5p ordinary	SWAP	Decreasing Long	3,673	6.6854  GBP
10.5p ordinary	SWAP	Decreasing Long	5,849	6.6789  GBP
10.5p ordinary	SWAP	Decreasing Long	6,992	6.6200  GBP
10.5p ordinary	SWAP	Decreasing Short	12	6.6852  GBP
10.5p ordinary	SWAP	Decreasing Short	14	6.6495  GBP
10.5p ordinary	SWAP	Decreasing Short	47	6.6793  GBP
10.5p ordinary	SWAP	Decreasing Short	55	6.6708  GBP
10.5p ordinary	SWAP	Decreasing Short	257	6.6800  GBP
10.5p ordinary	CFD	Decreasing Short	444	6.5940  GBP
10.5p ordinary	SWAP	Decreasing Short	771	6.6330  GBP
10.5p ordinary	SWAP	Decreasing Short	1,308	6.6650  GBP
10.5p ordinary	CFD	Decreasing Short	2,738	6.6095  GBP
10.5p ordinary	CFD	Decreasing Short	2,966	6.6200  GBP
10.5p ordinary	SWAP	Decreasing Short	2,990	6.6852  GBP
10.5p ordinary	CFD	Decreasing Short	3,146	6.7052  GBP
10.5p ordinary	CFD	Decreasing Short	3,241	6.6471  GBP
10.5p ordinary	SWAP	Decreasing Short	3,601	6.6495  GBP
10.5p ordinary	SWAP	Decreasing Short	5,955	6.6749  GBP
10.5p ordinary	SWAP	Decreasing Short	6,252	6.6790  GBP
10.5p ordinary	SWAP	Decreasing Short	13,849	6.6708  GBP
10.5p ordinary	SWAP	Decreasing Short	15,700	6.6748  GBP
10.5p ordinary	SWAP	Decreasing Short	17,009	6.6781  GBP
10.5p ordinary	SWAP	Decreasing Short	25,200	6.6563  GBP
10.5p ordinary	SWAP	Increasing Long	11	6.6949  GBP
10.5p ordinary	SWAP	Increasing Long	59	6.6749  GBP
10.5p ordinary	SWAP	Increasing Short	274	6.6669  GBP
10.5p ordinary	SWAP	Increasing Short	317	6.6766  GBP
10.5p ordinary	SWAP	Increasing Short	473	6.6644  GBP
10.5p ordinary	SWAP	Increasing Short	694	6.6705  GBP
10.5p ordinary	CFD	Increasing Short	1,192	6.6200  GBP
10.5p ordinary	SWAP	Increasing Short	1,279	6.6600  GBP
10.5p ordinary	CFD	Increasing Short	1,774	6.6150  GBP
10.5p ordinary	SWAP	Increasing Short	1,814	6.6686  GBP
10.5p ordinary	SWAP	Increasing Short	2,949	6.6411  GBP
10.5p ordinary	SWAP	Increasing Short	3,518	6.6826  GBP
10.5p ordinary	SWAP	Increasing Short	3,966	6.6684  GBP
10.5p ordinary	SWAP	Increasing Short	7,389	6.6770  GBP
10.5p ordinary	SWAP	Increasing Short	11,574	6.6840  GBP
10.5p ordinary	SWAP	Increasing Short	55,182	6.6200  GBP
10.5p ordinary	SWAP	Increasing Short	102,647	6.6585  GBP
10.5p ordinary	SWAP	Increasing Short	161,834	6.6635  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:				15 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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