Form 8.5(EPT/NON-RI)BARRATT DEVELOPMENTS PLC Amend

Barclays PLC
08 July 2024
 

FORM 8.5 (EPT/NON-RI)  Amendment in 2(a)

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:

BARRATT DEVELOPMENTS PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected

 REDROW PLC

(d)

Date position held/dealing undertaken:

03 Jul 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:
 REDROW 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:

10p ordinary


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

11,354,495

1.17%

6,681,728

0.69%

(2) Cash-settled derivatives:

5,618,882

0.58%

9,936,064

1.02%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

16,973,377

1.74%

16,617,792

1.71%

 








(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

10p ordinary

Purchase

443765

4.8701  GBP

4.8331  GBP

10p ordinary

Sale

562379

4.8703  GBP

4.8090  GBP

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

10p ordinary

CFD

Decreasing Short

45,952

4.8533  GBP

10p ordinary

CFD

Decreasing Short

44,827

4.8695  GBP

10p ordinary

CFD

Decreasing Short

32,099

4.8696  GBP

10p ordinary

CFD

Increasing Short

11,446

4.8514  GBP

10p ordinary

CFD

Increasing Short

35,805

4.8567  GBP

10p ordinary

CFD

Increasing Short

10,000

4.8600  GBP

10p ordinary

CFD

Increasing Short

34,506

4.8700  GBP

10p ordinary

SWAP

Increasing Short

2,209

4.8519  GBP

10p ordinary

SWAP

Opening Long

24,668

4.8700  GBP

10p ordinary

SWAP

Decreasing Long

517

4.8462  GBP

10p ordinary

SWAP

Closing Long

22,581

4.8702  GBP

10p ordinary

SWAP

Opening Short

93

4.8560  GBP

10p ordinary

SWAP

Decreasing Long

33,736

4.8672  GBP

10p ordinary

SWAP

Decreasing Long

3,710

4.8701  GBP

10p ordinary

SWAP

Decreasing Short

994

4.8273  GBP

10p ordinary

SWAP

Decreasing Short

37

4.8360  GBP

10p ordinary

SWAP

Decreasing Short

17,421

4.8462  GBP

10p ordinary

SWAP

Decreasing Short

2,601

4.8496  GBP

10p ordinary

SWAP

Decreasing Short

2,521

4.8570  GBP

10p ordinary

SWAP

Decreasing Short

453

4.8647  GBP

10p ordinary

SWAP

Decreasing Short

12,584

4.8686  GBP

10p ordinary

SWAP

Increasing Short

351

4.8461  GBP

10p ordinary

SWAP

Increasing Short

3,086

4.8508  GBP

10p ordinary

SWAP

Increasing Short

10,168

4.8562  GBP

10p ordinary

SWAP

Increasing Short

43,548

4.8580  GBP

10p ordinary

SWAP

Increasing Short

14,947

4.8656  GBP

10p ordinary

SWAP

Increasing Short

60,264

4.8700  GBP

10p ordinary

SWAP

Decreasing Short

14,871

4.8530  GBP

10p ordinary

SWAP

Decreasing Short

2,203

4.8536  GBP

10p ordinary

SWAP

Decreasing Short

2,277

4.8539  GBP

10p ordinary

SWAP

Decreasing Short

13,492

4.8584  GBP

10p ordinary

SWAP

Decreasing Short

2,552

4.8680  GBP

10p ordinary

SWAP

Decreasing Short

32,284

4.8699  GBP

10p ordinary

SWAP

Increasing Short

803

4.8399  GBP

10p ordinary

SWAP

Increasing Short

9,927

4.8495  GBP

10p ordinary

SWAP

Increasing Short

983

4.8553  GBP

10p ordinary

SWAP

Increasing Short

1,289

4.8584  GBP

10p ordinary

SWAP

Increasing Short

1,185

4.8589  GBP

10p ordinary

SWAP

Increasing Short

1,472

4.8603  GBP

10p ordinary

SWAP

Increasing Long

287

4.8504  GBP

10p ordinary

SWAP

Increasing Long

686

4.8529  GBP

10p ordinary

SWAP

Increasing Long

996

4.8551  GBP

10p ordinary

SWAP

Increasing Long

3,811

4.8566  GBP

10p ordinary

SWAP

Increasing Long

9,711

4.8588  GBP

10p ordinary

SWAP

Increasing Long

1

4.8595  GBP

10p ordinary

SWAP

Increasing Long

1

4.8605  GBP

10p ordinary

SWAP

Increasing Long

8,254

4.8699  GBP

10p ordinary

SWAP

Decreasing Short

12,952

4.8514  GBP

10p ordinary

SWAP

Opening Long

18,466

4.8549  GBP

10p ordinary

SWAP

Opening Short

15,363

4.8700  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:

08 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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