Form 8.3 - Barratt Developments plc

Societe Generale SA

13 March 2024

 

4FORM 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	12/03/2024
(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:	5,067,663	0.52	487,482	0.05
(2)  Cash-settled derivatives:	1,780,173	0.18	162,294	0.02
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	6,847,836	0.70	649,776	0.07

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	29,095	4.821
10p ordinary	Purchase	21,388	4.74471
10p ordinary	Purchase	70	4.744
10p ordinary	Purchase	14	4.821
10p ordinary	Purchase	74	4.821
10p ordinary	Purchase	75	4.821
10p ordinary	Purchase	227	4.744
10p ordinary	Purchase	301	4.821
10p ordinary	Purchase	316	4.821
10p ordinary	Purchase	390	4.821
10p ordinary	Purchase	390	4.821
10p ordinary	Purchase	1,097	4.744
10p ordinary	Purchase	1,403	4.744
10p ordinary	Purchase	1,948	4.744
10p ordinary	Purchase	1,948	4.744
10p ordinary	Purchase	1,948	4.744
10p ordinary	Purchase	1,948	4.744
10p ordinary	Purchase	2,492	4.744
10p ordinary	Purchase	2,571	4.744
10p ordinary	Purchase	3,892	4.744
10p ordinary	Purchase	3,895	4.744
10p ordinary	Purchase	3,895	4.744
10p ordinary	Purchase	3,895	4.744
10p ordinary	Purchase	3,895	4.744
10p ordinary	Purchase	3,895	4.744
10p ordinary	Purchase	3,895	4.744
10p ordinary	Purchase	3,895	4.744
10p ordinary	Purchase	7,790	4.744
10p ordinary	Purchase	7,790	4.744
10p ordinary	Purchase	56	4.726
10p ordinary	Purchase	296	4.726
10p ordinary	Purchase	348	4.726
10p ordinary	Purchase	462	4.765
10p ordinary	Purchase	573	4.766
10p ordinary	Purchase	611	4.762
10p ordinary	Purchase	619	4.755
10p ordinary	Purchase	2	4.766
10p ordinary	Purchase	3	4.752
10p ordinary	Purchase	3	4.752
10p ordinary	Purchase	3	4.752
10p ordinary	Purchase	4	4.773
10p ordinary	Purchase	5	4.74
10p ordinary	Purchase	5	4.752
10p ordinary	Purchase	5	4.755
10p ordinary	Purchase	6	4.74
10p ordinary	Purchase	10	4.773
10p ordinary	Purchase	48	4.757
10p ordinary	Purchase	64	4.752
10p ordinary	Purchase	72	4.742
10p ordinary	Purchase	81	4.752
10p ordinary	Purchase	99	4.766
10p ordinary	Purchase	103	4.759
10p ordinary	Purchase	132	4.766
10p ordinary	Purchase	191	4.766
10p ordinary	Purchase	270	4.773
10p ordinary	Purchase	287	4.755
10p ordinary	Purchase	357	4.759
10p ordinary	Purchase	439	4.757
10p ordinary	Purchase	440	4.766
10p ordinary	Purchase	470	4.746
10p ordinary	Purchase	500	4.755
10p ordinary	Purchase	502	4.74
10p ordinary	Purchase	509	4.742
10p ordinary	Purchase	514	4.734
10p ordinary	Purchase	518	4.745
10p ordinary	Purchase	532	4.742
10p ordinary	Purchase	618	4.752
10p ordinary	Purchase	646	4.755
10p ordinary	Purchase	660	4.744
10p ordinary	Purchase	741	4.752
10p ordinary	Purchase	777	4.773
10p ordinary	Purchase	801	4.773
10p ordinary	Purchase	818	4.762
10p ordinary	Purchase	823	4.743
10p ordinary	Purchase	1,027	4.766
10p ordinary	Purchase	1,200	4.724
10p ordinary	Purchase	1,222	4.74
10p ordinary	Purchase	1,317	4.774
10p ordinary	Purchase	1,525	4.733
10p ordinary	Purchase	5	4.756
10p ordinary	Purchase	5	4.756
10p ordinary	Purchase	8	4.756
10p ordinary	Purchase	48	4.771
10p ordinary	Purchase	371	4.763
10p ordinary	Purchase	400	4.771
10p ordinary	Purchase	624	4.756
10p ordinary	Purchase	675	4.756
10p ordinary	Purchase	746	4.763
10p ordinary	Purchase	1,076	4.754
10p ordinary	Purchase	11	4.761
10p ordinary	Purchase	61	4.704
10p ordinary	Purchase	109	4.754
10p ordinary	Purchase	156	4.754
10p ordinary	Purchase	178	4.73
10p ordinary	Purchase	189	4.741
10p ordinary	Purchase	225	4.753
10p ordinary	Purchase	247	4.739
10p ordinary	Purchase	260	4.756
10p ordinary	Purchase	282	4.744
10p ordinary	Purchase	325	4.737
10p ordinary	Purchase	335	4.732
10p ordinary	Purchase	359	4.74
10p ordinary	Purchase	425	4.739
10p ordinary	Purchase	467	4.756
10p ordinary	Purchase	476	4.753
10p ordinary	Purchase	502	4.748
10p ordinary	Purchase	513	4.753
10p ordinary	Purchase	522	4.74
10p ordinary	Purchase	531	4.743
10p ordinary	Purchase	577	4.737
10p ordinary	Purchase	600	4.733
10p ordinary	Purchase	619	4.744
10p ordinary	Purchase	639	4.724
10p ordinary	Purchase	639	4.733
10p ordinary	Purchase	655	4.739
10p ordinary	Purchase	677	4.733
10p ordinary	Purchase	702	4.74
10p ordinary	Purchase	710	4.724
10p ordinary	Purchase	747	4.756
10p ordinary	Purchase	752	4.733
10p ordinary	Purchase	758	4.754
10p ordinary	Purchase	774	4.74
10p ordinary	Purchase	775	4.739
10p ordinary	Purchase	802	4.741
10p ordinary	Purchase	848	4.724
10p ordinary	Purchase	850	4.704
10p ordinary	Purchase	879	4.733
10p ordinary	Purchase	891	4.792
10p ordinary	Purchase	891	4.797
10p ordinary	Purchase	892	4.785
10p ordinary	Purchase	892	4.786
10p ordinary	Purchase	892	4.787
10p ordinary	Purchase	892	4.788
10p ordinary	Purchase	892	4.789
10p ordinary	Purchase	892	4.79
10p ordinary	Purchase	895	4.773
10p ordinary	Purchase	897	4.764
10p ordinary	Purchase	902	4.74
10p ordinary	Purchase	902	4.74
10p ordinary	Purchase	903	4.733
10p ordinary	Purchase	903	4.734
10p ordinary	Purchase	903	4.735
10p ordinary	Purchase	903	4.735
10p ordinary	Purchase	953	4.756
10p ordinary	Purchase	1,007	4.773
10p ordinary	Purchase	1,123	4.73
10p ordinary	Purchase	1,200	4.761
10p ordinary	Purchase	1,211	4.766
10p ordinary	Purchase	1,212	4.758
10p ordinary	Purchase	1,214	4.752
10p ordinary	Purchase	1,214	4.756
10p ordinary	Purchase	1,217	4.739
10p ordinary	Purchase	1,217	4.74
10p ordinary	Purchase	1,218	4.734
10p ordinary	Purchase	1,218	4.738
10p ordinary	Purchase	1,218	4.739
10p ordinary	Purchase	1,219	4.733
10p ordinary	Purchase	1,219	4.734
10p ordinary	Purchase	1,242	4.774
10p ordinary	Purchase	1,428	4.748
10p ordinary	Purchase	1,695	4.739
10p ordinary	Purchase	2,209	4.754
10p ordinary	Purchase	2,220	4.724
10p ordinary	Purchase	2,260	4.74
10p ordinary	Purchase	2,680	4.733
10p ordinary	Purchase	4,300	4.743
10p ordinary	Sale	1,873,103	4.744
10p ordinary	Sale	371	4.755
10p ordinary	Sale	543	4.755
10p ordinary	Sale	807	4.767
10p ordinary	Sale	1,068	4.767
10p ordinary	Sale	1,159	4.744
10p ordinary	Sale	8	4.766
10p ordinary	Sale	48	4.766
10p ordinary	Sale	48	4.767
10p ordinary	Sale	56	4.758
10p ordinary	Sale	61	4.704
10p ordinary	Sale	95	4.757
10p ordinary	Sale	99	4.758
10p ordinary	Sale	171	4.761
10p ordinary	Sale	179	4.758
10p ordinary	Sale	267	4.758
10p ordinary	Sale	284	4.757
10p ordinary	Sale	298	4.758
10p ordinary	Sale	404	4.715
10p ordinary	Sale	405	4.755
10p ordinary	Sale	459	4.766
10p ordinary	Sale	494	4.755
10p ordinary	Sale	524	4.766
10p ordinary	Sale	549	4.715
10p ordinary	Sale	616	4.757
10p ordinary	Sale	727	4.761
10p ordinary	Sale	770	4.768
10p ordinary	Sale	850	4.705
10p ordinary	Sale	861	4.763
10p ordinary	Sale	870	4.772
10p ordinary	Sale	896	4.774
10p ordinary	Sale	897	4.773
10p ordinary	Sale	899	4.757
10p ordinary	Sale	899	4.759
10p ordinary	Sale	899	4.76
10p ordinary	Sale	899	4.761
10p ordinary	Sale	900	4.756
10p ordinary	Sale	908	4.716
10p ordinary	Sale	911	4.704
10p ordinary	Sale	911	4.705
10p ordinary	Sale	911	4.712
10p ordinary	Sale	920	4.772
10p ordinary	Sale	1,135	4.766
10p ordinary	Sale	1,693	4.731
10p ordinary	Sale	114	4.761
10p ordinary	Sale	1,000	4.744
10p ordinary	Sale	1,120	4.744
10p ordinary	Sale	1,438	4.744
10p ordinary	Sale	2,725	4.744
10p ordinary	Sale	3,806	4.744
10p ordinary	Sale	4,015	4.744
10p ordinary	Sale	5,798	4.744
10p ordinary	Sale	8,215	4.744
10p ordinary	Sale	9,989	4.744
10p ordinary	Sale	10,493	4.744
10p ordinary	Sale	11,019	4.744
10p ordinary	Sale	12,113	4.744

(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	Increasing a short position	29,095	4.821
10p ordinary	CFD	Increasing a short position	21,388	4.74471
10p ordinary	CFD	Reducing a long position	70	4.744

(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:	13/03/2024
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