Form 8.3 - Barratt Developments plc

Societe Generale SA

26 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	23/02/2024
(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:	3,184,819	0.33	2,382,536	0.24
(2)  Cash-settled derivatives:	1,501,226	0.15	31,480	0.00
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	4,686,045	0.48	2,414,016	0.25

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	35	4.79514
10p ordinary	Purchase	1,317	4.79133
10p ordinary	Purchase	1,111	4.79062
10p ordinary	Purchase	3,390	4.78509
10p ordinary	Purchase	8	4.7925
10p ordinary	Purchase	1,943	4.78628
10p ordinary	Purchase	866	4.78394
10p ordinary	Purchase	3,897	4.785
10p ordinary	Purchase	3,897	4.785
10p ordinary	Purchase	65	4.756
10p ordinary	Purchase	85	4.79
10p ordinary	Purchase	92	4.794
10p ordinary	Purchase	98	4.759
10p ordinary	Purchase	108	4.794
10p ordinary	Purchase	132	4.79
10p ordinary	Purchase	143	4.794
10p ordinary	Purchase	208	4.758
10p ordinary	Purchase	208	4.761
10p ordinary	Purchase	329	4.79
10p ordinary	Purchase	414	4.761
10p ordinary	Purchase	559	4.794
10p ordinary	Purchase	624	4.753
10p ordinary	Purchase	624	4.756
10p ordinary	Purchase	634	4.758
10p ordinary	Purchase	883	4.759
10p ordinary	Purchase	981	4.756
10p ordinary	Purchase	981	4.761
10p ordinary	Purchase	981	4.79
10p ordinary	Purchase	1,000	4.751
10p ordinary	Purchase	1,000	4.761
10p ordinary	Purchase	83	4.763
10p ordinary	Purchase	92	4.79
10p ordinary	Purchase	106	4.763
10p ordinary	Purchase	128	4.758
10p ordinary	Purchase	149	4.79
10p ordinary	Purchase	263	4.763
10p ordinary	Purchase	390	4.758
10p ordinary	Purchase	390	4.79
10p ordinary	Purchase	690	4.79
10p ordinary	Purchase	807	4.786
10p ordinary	Purchase	1,258	4.788
10p ordinary	Purchase	1,370	4.79
10p ordinary	Purchase	55	4.786
10p ordinary	Purchase	114	4.786
10p ordinary	Purchase	131	4.786
10p ordinary	Purchase	131	4.788
10p ordinary	Purchase	131	4.79
10p ordinary	Purchase	188	4.79
10p ordinary	Purchase	239	4.79
10p ordinary	Purchase	437	4.788
10p ordinary	Purchase	485	4.79
10p ordinary	Purchase	20	4.769
10p ordinary	Purchase	36	4.794
10p ordinary	Purchase	81	4.794
10p ordinary	Purchase	87	4.794
10p ordinary	Purchase	120	4.779
10p ordinary	Purchase	192	4.794
10p ordinary	Purchase	199	4.791
10p ordinary	Purchase	201	4.752
10p ordinary	Purchase	201	4.752
10p ordinary	Purchase	261	4.757
10p ordinary	Purchase	262	4.755
10p ordinary	Purchase	280	4.794
10p ordinary	Purchase	283	4.755
10p ordinary	Purchase	300	4.786
10p ordinary	Purchase	300	4.801
10p ordinary	Purchase	305	4.793
10p ordinary	Purchase	326	4.79
10p ordinary	Purchase	350	4.763
10p ordinary	Purchase	361	4.757
10p ordinary	Purchase	367	4.76
10p ordinary	Purchase	378	4.789
10p ordinary	Purchase	414	4.793
10p ordinary	Purchase	438	4.788
10p ordinary	Purchase	454	4.788
10p ordinary	Purchase	460	4.757
10p ordinary	Purchase	471	4.789
10p ordinary	Purchase	494	4.779
10p ordinary	Purchase	530	4.76
10p ordinary	Purchase	544	4.786
10p ordinary	Purchase	585	4.793
10p ordinary	Purchase	661	4.786
10p ordinary	Purchase	700	4.757
10p ordinary	Purchase	706	4.752
10p ordinary	Purchase	735	4.789
10p ordinary	Purchase	810	4.794
10p ordinary	Purchase	852	4.757
10p ordinary	Purchase	860	4.763
10p ordinary	Purchase	875	4.769
10p ordinary	Purchase	890	4.791
10p ordinary	Purchase	890	4.792
10p ordinary	Purchase	890	4.793
10p ordinary	Purchase	890	4.794
10p ordinary	Purchase	890	4.795
10p ordinary	Purchase	891	4.786
10p ordinary	Purchase	891	4.791
10p ordinary	Purchase	891	4.791
10p ordinary	Purchase	891	4.792
10p ordinary	Purchase	891	4.802
10p ordinary	Purchase	892	4.787
10p ordinary	Purchase	892	4.788
10p ordinary	Purchase	896	4.762
10p ordinary	Purchase	896	4.763
10p ordinary	Purchase	896	4.764
10p ordinary	Purchase	897	4.758
10p ordinary	Purchase	897	4.758
10p ordinary	Purchase	897	4.759
10p ordinary	Purchase	897	4.76
10p ordinary	Purchase	897	4.76
10p ordinary	Purchase	897	4.761
10p ordinary	Purchase	897	4.761
10p ordinary	Purchase	898	4.753
10p ordinary	Purchase	898	4.757
10p ordinary	Purchase	906	4.752
10p ordinary	Purchase	951	4.757
10p ordinary	Purchase	1,005	4.791
10p ordinary	Purchase	1,202	4.794
10p ordinary	Purchase	1,203	4.794
10p ordinary	Purchase	1,204	4.785
10p ordinary	Purchase	1,206	4.784
10p ordinary	Purchase	1,206	4.788
10p ordinary	Purchase	1,207	4.778
10p ordinary	Purchase	1,208	4.77
10p ordinary	Purchase	1,208	4.771
10p ordinary	Purchase	1,208	4.776
10p ordinary	Purchase	1,208	4.777
10p ordinary	Purchase	1,209	4.765
10p ordinary	Purchase	1,210	4.764
10p ordinary	Purchase	1,210	4.765
10p ordinary	Purchase	1,210	4.77
10p ordinary	Purchase	1,632	4.789
10p ordinary	Purchase	1,763	4.758
10p ordinary	Purchase	2,038	4.761
10p ordinary	Purchase	3,000	4.787
10p ordinary	Purchase	13,543	4.78481
10p ordinary	Sale	1,911	4.785
10p ordinary	Sale	300	4.785
10p ordinary	Sale	3,897	4.785
10p ordinary	Sale	1,686	4.785
10p ordinary	Sale	974	4.785
10p ordinary	Sale	1	4.781
10p ordinary	Sale	1	4.784
10p ordinary	Sale	5	4.776
10p ordinary	Sale	32	4.772
10p ordinary	Sale	73	4.784
10p ordinary	Sale	99	4.781
10p ordinary	Sale	164	4.772
10p ordinary	Sale	199	4.772
10p ordinary	Sale	288	4.805
10p ordinary	Sale	354	4.772
10p ordinary	Sale	366	4.776
10p ordinary	Sale	422	4.781
10p ordinary	Sale	516	4.772
10p ordinary	Sale	614	4.771
10p ordinary	Sale	639	4.784
10p ordinary	Sale	1,000	4.776
10p ordinary	Sale	1,000	4.805
10p ordinary	Sale	1,334	4.784
10p ordinary	Sale	50	4.785
10p ordinary	Sale	122	4.788
10p ordinary	Sale	136	4.785
10p ordinary	Sale	369	4.782
10p ordinary	Sale	422	4.776
10p ordinary	Sale	473	4.784
10p ordinary	Sale	500	4.784
10p ordinary	Sale	600	4.776
10p ordinary	Sale	721	4.776
10p ordinary	Sale	771	4.788
10p ordinary	Sale	887	4.822
10p ordinary	Sale	887	4.822
10p ordinary	Sale	888	4.82
10p ordinary	Sale	891	4.805
10p ordinary	Sale	892	4.797
10p ordinary	Sale	892	4.799
10p ordinary	Sale	892	4.803
10p ordinary	Sale	892	4.804
10p ordinary	Sale	893	4.806
10p ordinary	Sale	894	4.778
10p ordinary	Sale	894	4.784
10p ordinary	Sale	894	4.786
10p ordinary	Sale	895	4.776
10p ordinary	Sale	895	4.79
10p ordinary	Sale	895	4.791
10p ordinary	Sale	895	4.798
10p ordinary	Sale	897	4.763
10p ordinary	Sale	1,398	4.782
10p ordinary	Sale	3,987	4.785
10p ordinary	Sale	280	4.785
10p ordinary	Sale	500	4.785
10p ordinary	Sale	1,574	4.785
10p ordinary	Sale	2,641	4.785
10p ordinary	Sale	7,246	4.785
10p ordinary	Sale	14,895	4.785
10p ordinary	Sale	20,281	4.785

(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	35	4.79514
10p ordinary	CFD	Reducing a long position	1,317	4.79133
10p ordinary	CFD	Reducing a long position	1,111	4.79062
10p ordinary	CFD	Reducing a long position	3,390	4.78509
10p ordinary	CFD	Reducing a long position	8	4.7925
10p ordinary	CFD	Reducing a long position	1,943	4.78628
10p ordinary	CFD	Reducing a long position	866	4.78394

(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:	26/02/2024
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