Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

22 February 2024

 

FORM 8.5 (EPT/NON-RI)
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:			21 Feb 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:				5,492,900	0.56%	4,284,405	0.44%
(2) Cash-settled derivatives:				3,738,417	0.38%	4,310,874	0.44%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				9,231,317	0.95%	8,595,279	0.88%
(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	2203926	4.8220  GBP	4.7740  GBP
10p ordinary	Sale	1420896	4.8345  GBP	4.7786  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 Long	115	4.8053  GBP
10p ordinary	CFD	Decreasing Long	1,773	4.7927  GBP
10p ordinary	SWAP	Decreasing Long	4,923	4.8002  GBP
10p ordinary	SWAP	Decreasing Long	9,693	4.7853  GBP
10p ordinary	CFD	Decreasing Long	16,021	4.8131  GBP
10p ordinary	CFD	Decreasing Long	16,062	4.7959  GBP
10p ordinary	SWAP	Decreasing Long	30,240	4.7803  GBP
10p ordinary	SWAP	Decreasing Short	615	4.8112  GBP
10p ordinary	SWAP	Decreasing Short	780	4.7930  GBP
10p ordinary	SWAP	Decreasing Short	2,111	4.8090  GBP
10p ordinary	SWAP	Decreasing Short	4,075	4.8225  GBP
10p ordinary	SWAP	Decreasing Short	10,740	4.8051  GBP
10p ordinary	SWAP	Decreasing Short	20,327	4.8098  GBP
10p ordinary	SWAP	Decreasing Short	34,575	4.8009  GBP
10p ordinary	SWAP	Decreasing Short	38,053	4.7809  GBP
10p ordinary	SWAP	Decreasing Short	42,655	4.8008  GBP
10p ordinary	SWAP	Decreasing Short	82,048	4.8069  GBP
10p ordinary	SWAP	Decreasing Short	95,462	4.7790  GBP
10p ordinary	CFD	Increasing Long	41	4.8185  GBP
10p ordinary	CFD	Increasing Long	115	4.7796  GBP
10p ordinary	SWAP	Increasing Long	2,400	4.7923  GBP
10p ordinary	CFD	Increasing Long	3,577	4.8119  GBP
10p ordinary	CFD	Increasing Long	6,070	4.7807  GBP
10p ordinary	CFD	Increasing Long	14,246	4.7800  GBP
10p ordinary	CFD	Increasing Long	17,086	4.7819  GBP
10p ordinary	SWAP	Increasing Long	390,998	4.8027  GBP
10p ordinary	SWAP	Increasing Long	519,273	4.8345  GBP
10p ordinary	SWAP	Increasing Short	84	4.7748  GBP
10p ordinary	SWAP	Increasing Short	174	4.8010  GBP
10p ordinary	SWAP	Increasing Short	500	4.8200  GBP
10p ordinary	SWAP	Increasing Short	1,025	4.8096  GBP
10p ordinary	SWAP	Increasing Short	1,451	4.8068  GBP
10p ordinary	SWAP	Increasing Short	2,217	4.7816  GBP
10p ordinary	SWAP	Increasing Short	3,345	4.8060  GBP
10p ordinary	SWAP	Increasing Short	3,444	4.7794  GBP
10p ordinary	SWAP	Increasing Short	6,010	4.8113  GBP
10p ordinary	SWAP	Increasing Short	11,619	4.7837  GBP
10p ordinary	SWAP	Increasing Short	11,948	4.7975  GBP
10p ordinary	SWAP	Increasing Short	13,583	4.7800  GBP
10p ordinary	SWAP	Increasing Short	18,846	4.8000  GBP
10p ordinary	SWAP	Increasing Short	32,840	4.7847  GBP
10p ordinary	SWAP	Increasing Short	45,909	4.7800  GBP
10p ordinary	SWAP	Increasing Short	49,369	4.7962  GBP
10p ordinary	SWAP	Opening Short	394	4.7960  GBP
10p ordinary	SWAP	Opening Short	1,327	4.7924  GBP
10p ordinary	SWAP	Opening Short	2,052	4.7829  GBP
10p ordinary	SWAP	Opening Short	5,325	4.7978  GBP
10p ordinary	SWAP	Opening Short	10,351	4.7997  GBP
10p ordinary	SWAP	Opening Short	14,267	4.7975  GBP
10p ordinary	SWAP	Opening Short	16,507	4.7939  GBP
10p ordinary	SWAP	Opening Short	22,268	4.7882  GBP
10p ordinary	SWAP	Opening Short	50,000	4.7807  GBP
10p ordinary	SWAP	Opening Short	54,741	4.7800  GBP
10p ordinary	SWAP	Opening Short	1,616,376	4.8069  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:				22 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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