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

Barclays PLC
07 June 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:

06 Jun 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:

13,639,215

1.40%

4,850,681

0.50%

(2) Cash-settled derivatives:

3,919,527

0.40%

12,275,737

1.26%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

17,558,742

1.80%

17,126,418

1.76%

 








(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

584813

5.1180  GBP

5.0740  GBP

10p ordinary

Sale

299653

5.1180  GBP

5.0740  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

1

5.1000  GBP

10p ordinary

SWAP

Closing Short

441

5.1038  GBP

10p ordinary

SWAP

Closing Short

9,364

5.0957  GBP

10p ordinary

SWAP

Closing Short

9,797

5.0960  GBP

10p ordinary

CFD

Decreasing Long

998

5.1021  GBP

10p ordinary

CFD

Decreasing Long

5,022

5.0959  GBP

10p ordinary

CFD

Decreasing Long

6,027

5.0804  GBP

10p ordinary

CFD

Decreasing Long

115,351

5.1019  GBP

10p ordinary

SWAP

Decreasing Short

560

5.1001  GBP

10p ordinary

SWAP

Decreasing Short

678

5.0977  GBP

10p ordinary

SWAP

Decreasing Short

696

5.0940  GBP

10p ordinary

SWAP

Decreasing Short

894

5.0850  GBP

10p ordinary

SWAP

Decreasing Short

1,980

5.0918  GBP

10p ordinary

SWAP

Decreasing Short

2,082

5.0934  GBP

10p ordinary

SWAP

Decreasing Short

2,373

5.1016  GBP

10p ordinary

SWAP

Decreasing Short

2,723

5.0960  GBP

10p ordinary

SWAP

Decreasing Short

3,082

5.0959  GBP

10p ordinary

SWAP

Decreasing Short

6,832

5.0931  GBP

10p ordinary

SWAP

Decreasing Short

19,268

5.0948  GBP

10p ordinary

SWAP

Decreasing Short

71,621

5.0955  GBP

10p ordinary

CFD

Increasing Long

856

5.0955  GBP

10p ordinary

CFD

Increasing Long

6,020

5.0934  GBP

10p ordinary

CFD

Increasing Long

17,424

5.0974  GBP

10p ordinary

CFD

Increasing Long

22,886

5.0973  GBP

10p ordinary

CFD

Increasing Long

115,351

5.1019  GBP

10p ordinary

SWAP

Increasing Short

2

5.1100  GBP

10p ordinary

SWAP

Increasing Short

357

5.0820  GBP

10p ordinary

SWAP

Increasing Short

476

5.1020  GBP

10p ordinary

SWAP

Increasing Short

870

5.0854  GBP

10p ordinary

SWAP

Increasing Short

995

5.0982  GBP

10p ordinary

SWAP

Increasing Short

1,930

5.0876  GBP

10p ordinary

SWAP

Increasing Short

2,893

5.0883  GBP

10p ordinary

SWAP

Increasing Short

3,030

5.0935  GBP

10p ordinary

SWAP

Increasing Short

4,067

5.0944  GBP

10p ordinary

SWAP

Increasing Short

6,032

5.0875  GBP

10p ordinary

SWAP

Increasing Short

7,616

5.0934  GBP

10p ordinary

SWAP

Increasing Short

10,103

5.0976  GBP

10p ordinary

SWAP

Increasing Short

10,511

5.0946  GBP

10p ordinary

SWAP

Increasing Short

13,097

5.0913  GBP

10p ordinary

SWAP

Increasing Short

13,926

5.0895  GBP

10p ordinary

SWAP

Increasing Short

23,210

5.0940  GBP

10p ordinary

SWAP

Increasing Short

26,689

5.0792  GBP

10p ordinary

SWAP

Increasing Short

28,403

5.0963  GBP

10p ordinary

SWAP

Increasing Short

44,307

5.0960  GBP

10p ordinary

SWAP

Increasing Short

72,703

5.0959  GBP

10p ordinary

SWAP

Increasing Short

93,083

5.0960  GBP

10p ordinary

SWAP

Opening Short

225

5.0860  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:

07 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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