Form 8.3 - Barratt Developments plc

Societe Generale SA

22 February 2024

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Barratt Developments plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	21/02/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	Yes: Redrow plc

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	3,220,235	0.33	1,761,056	0.18
(2)  Cash-settled derivatives:	863,232	0.09	31,480	0.00
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	4,083,467	0.42	1,792,536	0.18

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
10p ordinary	Purchase	628	4.78782
10p ordinary	Purchase	11	4.8
10p ordinary	Purchase	38	4.822
10p ordinary	Purchase	39	4.793
10p ordinary	Purchase	39	4.804
10p ordinary	Purchase	64	4.806
10p ordinary	Purchase	83	4.8
10p ordinary	Purchase	96	4.81
10p ordinary	Purchase	181	4.822
10p ordinary	Purchase	193	4.804
10p ordinary	Purchase	215	4.804
10p ordinary	Purchase	233	4.804
10p ordinary	Purchase	281	4.804
10p ordinary	Purchase	282	4.822
10p ordinary	Purchase	291	4.8
10p ordinary	Purchase	405	4.806
10p ordinary	Purchase	500	4.804
10p ordinary	Purchase	507	4.797
10p ordinary	Purchase	540	4.804
10p ordinary	Purchase	596	4.81
10p ordinary	Purchase	660	4.804
10p ordinary	Purchase	692	4.822
10p ordinary	Purchase	875	4.793
10p ordinary	Purchase	1,000	4.792
10p ordinary	Purchase	2,228	4.8
10p ordinary	Purchase	1	4.794
10p ordinary	Purchase	900	4.808
10p ordinary	Purchase	1	4.813
10p ordinary	Purchase	2	4.803
10p ordinary	Purchase	11	4.812
10p ordinary	Purchase	34	4.792
10p ordinary	Purchase	34	4.802
10p ordinary	Purchase	39	4.818
10p ordinary	Purchase	79	4.802
10p ordinary	Purchase	106	4.802
10p ordinary	Purchase	109	4.797
10p ordinary	Purchase	110	4.8
10p ordinary	Purchase	124	4.802
10p ordinary	Purchase	161	4.783
10p ordinary	Purchase	164	4.792
10p ordinary	Purchase	170	4.803
10p ordinary	Purchase	195	4.818
10p ordinary	Purchase	227	4.812
10p ordinary	Purchase	231	4.82
10p ordinary	Purchase	241	4.801
10p ordinary	Purchase	255	4.804
10p ordinary	Purchase	264	4.823
10p ordinary	Purchase	274	4.813
10p ordinary	Purchase	281	4.8
10p ordinary	Purchase	281	4.8
10p ordinary	Purchase	375	4.803
10p ordinary	Purchase	447	4.808
10p ordinary	Purchase	482	4.783
10p ordinary	Purchase	540	4.8
10p ordinary	Purchase	559	4.803
10p ordinary	Purchase	566	4.783
10p ordinary	Purchase	568	4.809
10p ordinary	Purchase	598	4.784
10p ordinary	Purchase	611	4.784
10p ordinary	Purchase	634	4.809
10p ordinary	Purchase	637	4.804
10p ordinary	Purchase	720	4.803
10p ordinary	Purchase	755	4.808
10p ordinary	Purchase	768	4.802
10p ordinary	Purchase	829	4.803
10p ordinary	Purchase	850	4.805
10p ordinary	Purchase	892	4.803
10p ordinary	Purchase	892	4.804
10p ordinary	Purchase	934	4.823
10p ordinary	Purchase	963	4.812
10p ordinary	Purchase	968	4.82
10p ordinary	Purchase	998	4.818
10p ordinary	Purchase	1,040	4.792
10p ordinary	Purchase	1,097	4.797
10p ordinary	Purchase	1,199	4.822
10p ordinary	Purchase	1,199	4.822
10p ordinary	Purchase	1,199	4.823
10p ordinary	Purchase	1,199	4.823
10p ordinary	Purchase	1,200	4.817
10p ordinary	Purchase	1,201	4.81
10p ordinary	Purchase	1,204	4.8
10p ordinary	Purchase	1,204	4.802
10p ordinary	Purchase	1,207	4.795
10p ordinary	Sale	1,047	4.79817
10p ordinary	Sale	8,007	4.79838
10p ordinary	Sale	12,028	4.79608
10p ordinary	Sale	1,878	4.79461
10p ordinary	Sale	725,300	4.8345
10p ordinary	Sale	54,721	4.79647
10p ordinary	Sale	7,794	4.78
10p ordinary	Sale	3,897	4.78
10p ordinary	Sale	3,897	4.78
10p ordinary	Sale	3,897	4.78
10p ordinary	Sale	1,949	4.78
10p ordinary	Sale	1,949	4.78
10p ordinary	Sale	429	4.83
10p ordinary	Sale	460	4.83
10p ordinary	Sale	888	4.828
10p ordinary	Sale	888	4.83
10p ordinary	Sale	889	4.826
10p ordinary	Sale	889	4.827
10p ordinary	Sale	889	4.828
10p ordinary	Sale	889	4.829
10p ordinary	Sale	889	4.831
10p ordinary	Sale	889	4.832
10p ordinary	Sale	894	4.797
10p ordinary	Sale	896	4.786
10p ordinary	Sale	517	4.78
10p ordinary	Sale	759	4.78
10p ordinary	Sale	2,647	4.78
10p ordinary	Sale	2,911	4.78
10p ordinary	Sale	3,446	4.78
10p ordinary	Sale	8,741	4.78
10p ordinary	Sale	14,806	4.78
10p ordinary	Sale	16,680	4.78

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit GBP
10p ordinary	CFD	Reducing a long position	628	4.78782
10p ordinary	CFD	Increasing a long position	1,047	4.79817
10p ordinary	CFD	Increasing a long position	8,007	4.79838
10p ordinary	CFD	Increasing a long position	12,028	4.79608
10p ordinary	CFD	Increasing a long position	1,878	4.79461
10p ordinary	CFD	Increasing a long position	725,300	4.8345
10p ordinary	CFD	Increasing a long position	54,721	4.79647

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	22/02/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END