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

Barclays PLC
05 July 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:

04 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:

11,424,606

1.17%

6,668,176

0.68%

(2) Cash-settled derivatives:

5,608,970

0.58%

10,048,770

1.03%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

17,033,576

1.75%

16,716,946

1.72%

 








(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

1040804

4.9460  GBP

4.9045  GBP

10p ordinary

Sale

957141

4.9460  GBP

4.9070  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

Decreasing Short

66

4.8999  GBP

10p ordinary

CFD

Decreasing Short

24,387

4.9169  GBP

10p ordinary

CFD

Increasing Short

8,432

4.9108  GBP

10p ordinary

CFD

Increasing Short

15,955

4.9200  GBP

10p ordinary

SWAP

Increasing Short

3,466

4.9278  GBP

10p ordinary

SWAP

Opening Short

45

4.9280  GBP

10p ordinary

SWAP

Closing Short

93

4.9200  GBP

10p ordinary

SWAP

Decreasing Long

2

4.9043  GBP

10p ordinary

SWAP

Decreasing Long

479

4.9119  GBP

10p ordinary

SWAP

Decreasing Long

729

4.9204  GBP

10p ordinary

SWAP

Decreasing Long

8,401

4.9207  GBP

10p ordinary

SWAP

Decreasing Long

13,985

4.9226  GBP

10p ordinary

SWAP

Decreasing Long

327

4.9233  GBP

10p ordinary

SWAP

Decreasing Short

6,395

4.9163  GBP

10p ordinary

SWAP

Decreasing Short

13,699

4.9197  GBP

10p ordinary

SWAP

Decreasing Short

2,024

4.9211  GBP

10p ordinary

SWAP

Decreasing Short

1,240

4.9280  GBP

10p ordinary

SWAP

Decreasing Short

385

4.9320  GBP

10p ordinary

SWAP

Increasing Short

98,378

4.9199  GBP

10p ordinary

SWAP

Increasing Short

228

4.9200  GBP

10p ordinary

SWAP

Increasing Short

2,093

4.9218  GBP

10p ordinary

SWAP

Increasing Short

1,917

4.9233  GBP

10p ordinary

SWAP

Increasing Short

1,328

4.9235  GBP

10p ordinary

SWAP

Increasing Short

1,714

4.9301  GBP

10p ordinary

SWAP

Decreasing Short

14

4.9132  GBP

10p ordinary

SWAP

Decreasing Short

822

4.9199  GBP

10p ordinary

SWAP

Decreasing Short

739

4.9200  GBP

10p ordinary

SWAP

Decreasing Short

15,701

4.9245  GBP

10p ordinary

SWAP

Decreasing Short

1,247

4.9253  GBP

10p ordinary

SWAP

Decreasing Short

15,645

4.9268  GBP

10p ordinary

SWAP

Decreasing Short

2,071

4.9282  GBP

10p ordinary

SWAP

Decreasing Short

2,150

4.9296  GBP

10p ordinary

SWAP

Decreasing Short

908

4.9307  GBP

10p ordinary

SWAP

Decreasing Short

3,707

4.9351  GBP

10p ordinary

SWAP

Increasing Short

315

4.9262  GBP

10p ordinary

SWAP

Increasing Long

143

4.9105  GBP

10p ordinary

SWAP

Increasing Long

10

4.9175  GBP

10p ordinary

SWAP

Increasing Long

1,107

4.9198  GBP

10p ordinary

SWAP

Increasing Long

7,262

4.9199  GBP

10p ordinary

SWAP

Increasing Long

4,409

4.9220  GBP

10p ordinary

SWAP

Increasing Long

305

4.9224  GBP

10p ordinary

SWAP

Increasing Long

356

4.9247  GBP

10p ordinary

SWAP

Increasing Long

249

4.9284  GBP

10p ordinary

SWAP

Increasing Long

170

4.9308  GBP

10p ordinary

SWAP

Increasing Short

70,128

4.9200  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:

05 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings