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

Barclays PLC

23 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:			22 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:				5,414,250	0.56%	4,925,126	0.51%
(2) Cash-settled derivatives:				4,260,326	0.44%	4,146,106	0.43%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				9,674,576	0.99%	9,071,232	0.93%
(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	889330	4.7965  GBP	4.7540  GBP
10p ordinary	Sale	1605887	4.8115  GBP	4.7580  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Closing Short	76	4.7800  GBP
10p ordinary	SWAP	Closing Short	237	4.7818  GBP
10p ordinary	CFD	Decreasing Long	123	4.7690  GBP
10p ordinary	CFD	Decreasing Long	2,302	4.8183  GBP
10p ordinary	CFD	Decreasing Long	2,773	4.7964  GBP
10p ordinary	CFD	Decreasing Long	9,330	4.7820  GBP
10p ordinary	CFD	Decreasing Long	9,885	4.7796  GBP
10p ordinary	SWAP	Decreasing Long	15,578	4.7835  GBP
10p ordinary	CFD	Decreasing Long	41,202	4.7803  GBP
10p ordinary	SWAP	Decreasing Long	63,692	4.7805  GBP
10p ordinary	CFD	Decreasing Long	80,795	4.7810  GBP
10p ordinary	SWAP	Decreasing Short	31	4.7719  GBP
10p ordinary	SWAP	Decreasing Short	440	4.7810  GBP
10p ordinary	SWAP	Decreasing Short	1,021	4.7797  GBP
10p ordinary	SWAP	Decreasing Short	1,077	4.7781  GBP
10p ordinary	SWAP	Decreasing Short	1,581	4.7743  GBP
10p ordinary	SWAP	Decreasing Short	1,925	4.7790  GBP
10p ordinary	SWAP	Decreasing Short	2,831	4.7988  GBP
10p ordinary	SWAP	Decreasing Short	3,039	4.7744  GBP
10p ordinary	SWAP	Decreasing Short	8,302	4.7811  GBP
10p ordinary	SWAP	Decreasing Short	8,690	4.7792  GBP
10p ordinary	SWAP	Decreasing Short	10,599	4.7788  GBP
10p ordinary	SWAP	Decreasing Short	45,225	4.7801  GBP
10p ordinary	SWAP	Decreasing Short	45,719	4.7799  GBP
10p ordinary	SWAP	Decreasing Short	176,993	4.7779  GBP
10p ordinary	SWAP	Decreasing Short	303,065	4.7800  GBP
10p ordinary	SWAP	Increasing Long	86	4.7805  GBP
10p ordinary	SWAP	Increasing Long	462	4.7710  GBP
10p ordinary	SWAP	Increasing Long	523	4.7870  GBP
10p ordinary	CFD	Increasing Long	1,062	4.7822  GBP
10p ordinary	SWAP	Increasing Long	1,205	4.7791  GBP
10p ordinary	SWAP	Increasing Long	2,010	4.7737  GBP
10p ordinary	CFD	Increasing Long	2,302	4.7796  GBP
10p ordinary	SWAP	Increasing Long	4,582	4.7835  GBP
10p ordinary	SWAP	Increasing Long	10,362	4.7785  GBP
10p ordinary	SWAP	Increasing Long	11,204	4.7799  GBP
10p ordinary	CFD	Increasing Long	15,542	4.7794  GBP
10p ordinary	SWAP	Increasing Long	22,200	4.7797  GBP
10p ordinary	SWAP	Increasing Long	25,661	4.7790  GBP
10p ordinary	SWAP	Increasing Long	35,280	4.7796  GBP
10p ordinary	SWAP	Increasing Short	176	4.7780  GBP
10p ordinary	SWAP	Increasing Short	212	4.7793  GBP
10p ordinary	SWAP	Increasing Short	447	4.7810  GBP
10p ordinary	SWAP	Increasing Short	918	4.7894  GBP
10p ordinary	SWAP	Increasing Short	952	4.7770  GBP
10p ordinary	SWAP	Increasing Short	1,244	4.7809  GBP
10p ordinary	SWAP	Increasing Short	1,296	4.7809  GBP
10p ordinary	SWAP	Increasing Short	1,365	4.7859  GBP
10p ordinary	SWAP	Increasing Short	1,910	4.7792  GBP
10p ordinary	SWAP	Increasing Short	2,390	4.7798  GBP
10p ordinary	SWAP	Increasing Short	2,779	4.7810  GBP
10p ordinary	SWAP	Increasing Short	6,275	4.7765  GBP
10p ordinary	SWAP	Increasing Short	6,279	4.7734  GBP
10p ordinary	SWAP	Increasing Short	7,099	4.7801  GBP
10p ordinary	SWAP	Increasing Short	19,408	4.7805  GBP
10p ordinary	SWAP	Increasing Short	23,009	4.7790  GBP
10p ordinary	SWAP	Increasing Short	43,721	4.7879  GBP
10p ordinary	SWAP	Increasing Short	43,769	4.7799  GBP
10p ordinary	SWAP	Increasing Short	51,973	4.7802  GBP
10p ordinary	SWAP	Increasing Short	109,968	4.7806  GBP
10p ordinary	SWAP	Increasing Short	120,741	4.7800  GBP
10p ordinary	SWAP	Opening Long	141	4.7805  GBP
10p ordinary	SWAP	Opening Long	789	4.7784  GBP
10p ordinary	SWAP	Opening Long	859	4.7869  GBP
10p ordinary	SWAP	Opening Long	972	4.7703  GBP
10p ordinary	SWAP	Opening Long	3,804	4.7726  GBP
10p ordinary	SWAP	Opening Long	7,525	4.7835  GBP
10p ordinary	SWAP	Opening Long	18,400	4.7799  GBP
10p ordinary	SWAP	Opening Long	18,423	4.7785  GBP
10p ordinary	SWAP	Opening Long	44,607	4.7787  GBP
10p ordinary	SWAP	Opening Long	519,588	4.8115  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:				23 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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