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

Barclays PLC

29 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:			26 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:				10,749,216	1.10%	4,841,833	0.50%
(2) Cash-settled derivatives:				3,828,540	0.39%	9,336,112	0.96%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,577,756	1.50%	14,177,945	1.45%
(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	910127	5.1980  GBP	5.0735  GBP
10p ordinary	Sale	432743	5.1980  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	Decreasing Long	12,720	5.0910  GBP
10p ordinary	SWAP	Opening Long	7,356	5.1980  GBP
10p ordinary	SWAP	Decreasing Long	2,806	5.1980  GBP
10p ordinary	CFD	Increasing Long	874	5.1309  GBP
10p ordinary	CFD	Increasing Long	96,028	5.1975  GBP
10p ordinary	CFD	Increasing Long	11,775	5.1980  GBP
10p ordinary	CFD	Decreasing Long	1,858	5.0785  GBP
10p ordinary	CFD	Decreasing Long	544	5.0804  GBP
10p ordinary	CFD	Decreasing Long	12,649	5.1056  GBP
10p ordinary	SWAP	Decreasing Short	4,666	5.1130  GBP
10p ordinary	SWAP	Opening Long	4	5.1550  GBP
10p ordinary	SWAP	Opening Short	27	5.1551  GBP
10p ordinary	SWAP	Increasing Short	1,427	5.1982  GBP
10p ordinary	SWAP	Increasing Long	600	5.1550  GBP
10p ordinary	SWAP	Increasing Long	3,062	5.1785  GBP
10p ordinary	SWAP	Increasing Long	2	5.1977  GBP
10p ordinary	SWAP	Decreasing Short	2,794	5.0979  GBP
10p ordinary	SWAP	Decreasing Short	279	5.1158  GBP
10p ordinary	SWAP	Decreasing Short	10,607	5.1234  GBP
10p ordinary	SWAP	Decreasing Short	4,530	5.1859  GBP
10p ordinary	SWAP	Decreasing Short	30,226	5.1980  GBP
10p ordinary	SWAP	Increasing Short	251	5.0800  GBP
10p ordinary	SWAP	Increasing Short	136	5.0880  GBP
10p ordinary	SWAP	Increasing Short	117,054	5.0920  GBP
10p ordinary	SWAP	Increasing Short	3,536	5.1129  GBP
10p ordinary	SWAP	Increasing Short	176,770	5.1309  GBP
10p ordinary	SWAP	Increasing Short	39,373	5.1426  GBP
10p ordinary	SWAP	Increasing Short	54,287	5.1823  GBP
10p ordinary	SWAP	Decreasing Short	1,186	5.1275  GBP
10p ordinary	SWAP	Decreasing Short	237	5.1339  GBP
10p ordinary	SWAP	Decreasing Short	1,181	5.1377  GBP
10p ordinary	SWAP	Decreasing Short	2,484	5.1380  GBP
10p ordinary	SWAP	Decreasing Short	7,544	5.1396  GBP
10p ordinary	SWAP	Decreasing Short	63	5.1465  GBP
10p ordinary	SWAP	Decreasing Short	4,536	5.1474  GBP
10p ordinary	SWAP	Decreasing Short	2,818	5.1496  GBP
10p ordinary	SWAP	Decreasing Short	2,900	5.1513  GBP
10p ordinary	SWAP	Decreasing Short	9,938	5.1522  GBP
10p ordinary	SWAP	Increasing Short	21,845	5.0932  GBP
10p ordinary	SWAP	Increasing Short	7,173	5.1286  GBP
10p ordinary	SWAP	Increasing Short	2,620	5.1576  GBP
10p ordinary	SWAP	Increasing Short	7,861	5.1580  GBP
10p ordinary	SWAP	Increasing Short	3,929	5.1587  GBP
10p ordinary	SWAP	Increasing Short	1,369	5.1599  GBP
10p ordinary	SWAP	Increasing Short	7,907	5.1602  GBP
10p ordinary	SWAP	Increasing Short	8,149	5.1604  GBP
10p ordinary	SWAP	Increasing Short	339	5.1617  GBP
10p ordinary	SWAP	Increasing Short	127,858	5.1980  GBP
10p ordinary	SWAP	Increasing Long	10,044	5.1979  GBP
10p ordinary	SWAP	Decreasing Short	656	5.1120  GBP
10p ordinary	SWAP	Decreasing Short	3,927	5.1561  GBP
10p ordinary	SWAP	Decreasing Short	6,174	5.1980  GBP
10p ordinary	SWAP	Increasing Short	61,438	5.1349  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:				29 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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