Form 8.3 - Barratt Developments plc

Societe Generale SA

07 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	06/03/2024
(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:	7,555,400	0.78	708,536	0.07
(2)  Cash-settled derivatives:	1,779,755	0.18	50,892	0.01
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	9,335,155	0.96	759,428	0.08

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	327	4.7745
10p ordinary	Purchase	628	4.77736
10p ordinary	Purchase	826	4.75439
10p ordinary	Purchase	160	4.75619
10p ordinary	Purchase	5,800	4.74008
10p ordinary	Purchase	6,728	4.75186
10p ordinary	Purchase	8,263	4.72509
10p ordinary	Purchase	1,230	4.75303
10p ordinary	Purchase	29,916	4.75681
10p ordinary	Purchase	343	4.75341
10p ordinary	Purchase	262	4.725
10p ordinary	Purchase	3,895	4.725
10p ordinary	Purchase	4,500,000	4.705
10p ordinary	Purchase	523	4.772
10p ordinary	Purchase	3	4.774
10p ordinary	Purchase	6	4.74
10p ordinary	Purchase	6	4.743
10p ordinary	Purchase	7	4.774
10p ordinary	Purchase	75	4.774
10p ordinary	Purchase	85	4.724
10p ordinary	Purchase	100	4.743
10p ordinary	Purchase	130	4.771
10p ordinary	Purchase	137	4.723
10p ordinary	Purchase	140	4.798
10p ordinary	Purchase	145	4.723
10p ordinary	Purchase	178	4.774
10p ordinary	Purchase	188	4.74
10p ordinary	Purchase	293	4.725
10p ordinary	Purchase	296	4.769
10p ordinary	Purchase	304	4.74
10p ordinary	Purchase	329	4.769
10p ordinary	Purchase	333	4.772
10p ordinary	Purchase	415	4.724
10p ordinary	Purchase	474	4.743
10p ordinary	Purchase	525	4.798
10p ordinary	Purchase	576	4.774
10p ordinary	Purchase	587	4.725
10p ordinary	Purchase	589	4.812
10p ordinary	Purchase	591	4.812
10p ordinary	Purchase	593	4.812
10p ordinary	Purchase	594	4.723
10p ordinary	Purchase	677	4.774
10p ordinary	Purchase	712	4.8
10p ordinary	Purchase	732	4.743
10p ordinary	Purchase	764	4.806
10p ordinary	Purchase	896	4.774
10p ordinary	Purchase	916	4.757
10p ordinary	Purchase	937	4.769
10p ordinary	Purchase	625	4.771
10p ordinary	Purchase	730	4.773
10p ordinary	Purchase	1,031	4.757
10p ordinary	Purchase	1,031	4.757
10p ordinary	Purchase	167	4.747
10p ordinary	Purchase	180	4.723
10p ordinary	Purchase	200	4.755
10p ordinary	Purchase	251	4.734
10p ordinary	Purchase	434	4.74
10p ordinary	Purchase	482	4.723
10p ordinary	Purchase	531	4.748
10p ordinary	Purchase	684	4.748
10p ordinary	Purchase	690	4.723
10p ordinary	Purchase	893	4.791
10p ordinary	Purchase	894	4.777
10p ordinary	Purchase	896	4.768
10p ordinary	Purchase	897	4.768
10p ordinary	Purchase	897	4.769
10p ordinary	Purchase	897	4.77
10p ordinary	Purchase	898	4.757
10p ordinary	Purchase	898	4.758
10p ordinary	Purchase	899	4.752
10p ordinary	Purchase	907	4.717
10p ordinary	Purchase	907	4.721
10p ordinary	Purchase	968	4.734
10p ordinary	Purchase	1,000	4.776
10p ordinary	Purchase	1,013	4.755
10p ordinary	Purchase	1,048	4.747
10p ordinary	Purchase	1,208	4.775
10p ordinary	Purchase	1,209	4.774
10p ordinary	Purchase	1,212	4.757
10p ordinary	Purchase	1,213	4.755
10p ordinary	Purchase	1,213	4.761
10p ordinary	Purchase	1,215	4.746
10p ordinary	Purchase	1,216	4.746
10p ordinary	Purchase	1,216	4.75
10p ordinary	Purchase	2,829	4.774
10p ordinary	Purchase	1,034	4.725
10p ordinary	Purchase	1,284	4.725
10p ordinary	Purchase	2,637	4.725
10p ordinary	Purchase	2,926	4.725
10p ordinary	Purchase	4,354	4.725
10p ordinary	Purchase	74,287	4.725
10p ordinary	Sale	1,948	4.725
10p ordinary	Sale	3,895	4.725
10p ordinary	Sale	1,948	4.725
10p ordinary	Sale	3,895	4.725
10p ordinary	Sale	1,799	4.725
10p ordinary	Sale	2,096	4.725
10p ordinary	Sale	200	4.722
10p ordinary	Sale	371	4.722
10p ordinary	Sale	395	4.722
10p ordinary	Sale	305	4.723
10p ordinary	Sale	1,000	4.723
10p ordinary	Sale	1,000	4.754
10p ordinary	Sale	10	4.746
10p ordinary	Sale	10	4.756
10p ordinary	Sale	17	4.746
10p ordinary	Sale	32	4.746
10p ordinary	Sale	76	4.726
10p ordinary	Sale	80	4.722
10p ordinary	Sale	80	4.724
10p ordinary	Sale	87	4.756
10p ordinary	Sale	92	4.756
10p ordinary	Sale	138	4.721
10p ordinary	Sale	288	4.711
10p ordinary	Sale	354	4.756
10p ordinary	Sale	357	4.756
10p ordinary	Sale	558	4.758
10p ordinary	Sale	621	4.711
10p ordinary	Sale	694	4.722
10p ordinary	Sale	704	4.722
10p ordinary	Sale	704	4.724
10p ordinary	Sale	704	4.724
10p ordinary	Sale	769	4.721
10p ordinary	Sale	831	4.726
10p ordinary	Sale	842	4.746
10p ordinary	Sale	850	4.759
10p ordinary	Sale	892	4.792
10p ordinary	Sale	893	4.791
10p ordinary	Sale	899	4.766
10p ordinary	Sale	900	4.752
10p ordinary	Sale	900	4.753
10p ordinary	Sale	900	4.755
10p ordinary	Sale	902	4.744
10p ordinary	Sale	906	4.726
10p ordinary	Sale	907	4.723
10p ordinary	Sale	907	4.724
10p ordinary	Sale	907	4.725
10p ordinary	Sale	908	4.71
10p ordinary	Sale	3,600	4.724
10p ordinary	Sale	304	4.809
10p ordinary	Sale	237	4.807
10p ordinary	Sale	826	4.801
10p ordinary	Sale	891	4.809
10p ordinary	Sale	82	4.799
10p ordinary	Sale	262	4.722
10p ordinary	Sale	539	4.723
10p ordinary	Sale	325	4.799
10p ordinary	Sale	152	4.808
10p ordinary	Sale	541	4.815
10p ordinary	Sale	175	4.725
10p ordinary	Sale	100	4.798
10p ordinary	Sale	307	4.809
10p ordinary	Sale	152	4.81
10p ordinary	Sale	629	4.808
10p ordinary	Sale	164	4.8
10p ordinary	Sale	152	4.812
10p ordinary	Sale	468	4.806
10p ordinary	Sale	72	4.72507
10p ordinary	Sale	190	4.72524

(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	Reducing a long position	327	4.7745
10p ordinary	CFD	Reducing a long position	628	4.77736
10p ordinary	CFD	Reducing a long position	826	4.75439
10p ordinary	CFD	Reducing a long position	160	4.75619
10p ordinary	CFD	Reducing a long position	5,800	4.74008
10p ordinary	CFD	Reducing a long position	6,728	4.75186
10p ordinary	CFD	Reducing a long position	8,263	4.72509
10p ordinary	CFD	Reducing a long position	1,230	4.75303
10p ordinary	CFD	Reducing a long position	29,916	4.75681
10p ordinary	CFD	Reducing a long position	343	4.75341
10p ordinary	CFD	Reducing a long position	262	4.725

(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:	07/03/2024
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