Form 8.3 - Barratt Developments plc

Societe Generale SA

23 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	22/02/2024
(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:	3,243,988	0.33	2,466,629	0.25
(2)  Cash-settled derivatives:	1,509,896	0.15	31,480	0.00
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	4,753,884	0.49	2,498,109	0.26

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	955	4.77976
10p ordinary	Purchase	7,794	4.78
10p ordinary	Purchase	3,897	4.78
10p ordinary	Purchase	974	4.78
10p ordinary	Purchase	7,794	4.78
10p ordinary	Purchase	3,897	4.78
10p ordinary	Purchase	1,949	4.78
10p ordinary	Purchase	175	4.781
10p ordinary	Purchase	256	4.765
10p ordinary	Purchase	300	4.781
10p ordinary	Purchase	321	4.79
10p ordinary	Purchase	321	4.79
10p ordinary	Purchase	494	4.765
10p ordinary	Purchase	500	4.78
10p ordinary	Purchase	505	4.765
10p ordinary	Purchase	537	4.789
10p ordinary	Purchase	107	4.812
10p ordinary	Purchase	110	4.815
10p ordinary	Purchase	185	4.769
10p ordinary	Purchase	247	4.813
10p ordinary	Purchase	310	4.78
10p ordinary	Purchase	404	4.812
10p ordinary	Purchase	486	4.812
10p ordinary	Purchase	587	4.78
10p ordinary	Purchase	643	4.813
10p ordinary	Purchase	783	4.812
10p ordinary	Purchase	889	4.814
10p ordinary	Purchase	890	4.809
10p ordinary	Purchase	890	4.811
10p ordinary	Purchase	890	4.812
10p ordinary	Purchase	890	4.813
10p ordinary	Purchase	891	4.798
10p ordinary	Purchase	891	4.806
10p ordinary	Purchase	891	4.807
10p ordinary	Purchase	891	4.81
10p ordinary	Purchase	892	4.799
10p ordinary	Purchase	892	4.805
10p ordinary	Purchase	893	4.793
10p ordinary	Purchase	893	4.793
10p ordinary	Purchase	893	4.794
10p ordinary	Purchase	893	4.795
10p ordinary	Purchase	893	4.796
10p ordinary	Purchase	894	4.791
10p ordinary	Purchase	894	4.794
10p ordinary	Purchase	896	4.781
10p ordinary	Purchase	1,027	4.769
10p ordinary	Purchase	1,209	4.78
10p ordinary	Purchase	4,455	4.784
10p ordinary	Purchase	997	4.78
10p ordinary	Purchase	6,928	4.78
10p ordinary	Sale	647,619	4.8115
10p ordinary	Sale	197	4.818
10p ordinary	Sale	135	4.818
10p ordinary	Sale	3,897	4.78
10p ordinary	Sale	54	4.818
10p ordinary	Sale	149	4.818
10p ordinary	Sale	201	4.818
10p ordinary	Sale	3,897	4.78
10p ordinary	Sale	44	4.818
10p ordinary	Sale	19	4.783
10p ordinary	Sale	57	4.788
10p ordinary	Sale	61	4.768
10p ordinary	Sale	81	4.788
10p ordinary	Sale	92	4.782
10p ordinary	Sale	92	4.783
10p ordinary	Sale	100	4.788
10p ordinary	Sale	116	4.789
10p ordinary	Sale	166	4.78
10p ordinary	Sale	182	4.766
10p ordinary	Sale	241	4.76
10p ordinary	Sale	282	4.788
10p ordinary	Sale	287	4.783
10p ordinary	Sale	300	4.783
10p ordinary	Sale	346	4.788
10p ordinary	Sale	350	4.78
10p ordinary	Sale	488	4.776
10p ordinary	Sale	525	4.79
10p ordinary	Sale	601	4.783
10p ordinary	Sale	659	4.766
10p ordinary	Sale	981	4.776
10p ordinary	Sale	981	4.776
10p ordinary	Sale	981	4.777
10p ordinary	Sale	981	4.779
10p ordinary	Sale	1,000	4.782
10p ordinary	Sale	1,117	4.781
10p ordinary	Sale	2,043	4.776
10p ordinary	Sale	523	4.782
10p ordinary	Sale	100	4.784
10p ordinary	Sale	358	4.784
10p ordinary	Sale	19	4.776
10p ordinary	Sale	468	4.776
10p ordinary	Sale	1	4.783
10p ordinary	Sale	3	4.781
10p ordinary	Sale	28	4.78
10p ordinary	Sale	92	4.782
10p ordinary	Sale	93	4.773
10p ordinary	Sale	244	4.784
10p ordinary	Sale	293	4.769
10p ordinary	Sale	366	4.778
10p ordinary	Sale	379	4.78
10p ordinary	Sale	379	4.782
10p ordinary	Sale	380	4.785
10p ordinary	Sale	389	4.761
10p ordinary	Sale	393	4.777
10p ordinary	Sale	411	4.775
10p ordinary	Sale	412	4.812
10p ordinary	Sale	430	4.782
10p ordinary	Sale	448	4.824
10p ordinary	Sale	458	4.776
10p ordinary	Sale	463	4.761
10p ordinary	Sale	480	4.812
10p ordinary	Sale	516	4.785
10p ordinary	Sale	518	4.782
10p ordinary	Sale	531	4.778
10p ordinary	Sale	689	4.761
10p ordinary	Sale	689	4.775
10p ordinary	Sale	689	4.782
10p ordinary	Sale	696	4.777
10p ordinary	Sale	709	4.78
10p ordinary	Sale	730	4.783
10p ordinary	Sale	817	4.777
10p ordinary	Sale	861	4.761
10p ordinary	Sale	868	4.78
10p ordinary	Sale	892	4.81
10p ordinary	Sale	892	4.811
10p ordinary	Sale	893	4.781
10p ordinary	Sale	893	4.808
10p ordinary	Sale	893	4.809
10p ordinary	Sale	893	4.81
10p ordinary	Sale	893	4.812
10p ordinary	Sale	894	4.783
10p ordinary	Sale	895	4.782
10p ordinary	Sale	895	4.79
10p ordinary	Sale	895	4.79
10p ordinary	Sale	895	4.791
10p ordinary	Sale	896	4.78
10p ordinary	Sale	896	4.781
10p ordinary	Sale	896	4.781
10p ordinary	Sale	896	4.781
10p ordinary	Sale	896	4.782
10p ordinary	Sale	896	4.782
10p ordinary	Sale	896	4.783
10p ordinary	Sale	896	4.783
10p ordinary	Sale	896	4.783
10p ordinary	Sale	896	4.784
10p ordinary	Sale	896	4.785
10p ordinary	Sale	896	4.785
10p ordinary	Sale	896	4.787
10p ordinary	Sale	896	4.788
10p ordinary	Sale	896	4.788
10p ordinary	Sale	896	4.789
10p ordinary	Sale	896	4.79
10p ordinary	Sale	897	4.776
10p ordinary	Sale	897	4.777
10p ordinary	Sale	897	4.779
10p ordinary	Sale	897	4.779
10p ordinary	Sale	897	4.78
10p ordinary	Sale	897	4.781
10p ordinary	Sale	897	4.781
10p ordinary	Sale	897	4.782
10p ordinary	Sale	897	4.783
10p ordinary	Sale	897	4.783
10p ordinary	Sale	898	4.775
10p ordinary	Sale	898	4.777
10p ordinary	Sale	932	4.773
10p ordinary	Sale	978	4.776
10p ordinary	Sale	1,034	4.775
10p ordinary	Sale	1,187	4.769
10p ordinary	Sale	1,209	4.782
10p ordinary	Sale	1,209	4.785
10p ordinary	Sale	1,276	4.78
10p ordinary	Sale	1,362	4.777
10p ordinary	Sale	1,380	4.79
10p ordinary	Sale	1,441	4.775
10p ordinary	Sale	1,470	4.776
10p ordinary	Sale	1,536	4.776
10p ordinary	Sale	1,548	4.776
10p ordinary	Sale	1,610	4.78
10p ordinary	Sale	2,000	4.775
10p ordinary	Sale	2,000	4.775
10p ordinary	Sale	2,000	4.776
10p ordinary	Sale	1,775	4.78013

(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	955	4.77976
10p ordinary	CFD	Increasing a long position	647,619	4.8115

(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:	23/02/2024
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