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

Barclays PLC

31 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:			30 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:				11,178,011	1.15%	4,635,891	0.48%
(2) Cash-settled derivatives:				3,648,885	0.37%	9,822,602	1.01%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,826,896	1.52%	14,458,493	1.48%
(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	1847385	5.2798  GBP	5.2483  GBP
10p ordinary	Sale	802451	5.2800  GBP	5.2440  GBP
ADR	Purchase	1000	13.4600  USD	13.4600  USD
ADR	Sale	1000	13.4600  USD	13.4600  USD
(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	212,540	5.2530  GBP
10p ordinary	SWAP	Decreasing Long	2,827	5.2648  GBP
10p ordinary	CFD	Increasing Long	3,182	5.2477  GBP
10p ordinary	CFD	Increasing Long	1	5.2600  GBP
10p ordinary	CFD	Increasing Long	15,720	5.2623  GBP
10p ordinary	CFD	Increasing Long	916	5.2635  GBP
10p ordinary	CFD	Increasing Long	16,485	5.2640  GBP
10p ordinary	CFD	Increasing Long	10,000	5.2655  GBP
10p ordinary	CFD	Decreasing Long	1,211	5.2472  GBP
10p ordinary	CFD	Decreasing Long	31,205	5.2484  GBP
10p ordinary	CFD	Decreasing Long	14,568	5.2614  GBP
10p ordinary	CFD	Decreasing Long	705	5.2620  GBP
10p ordinary	CFD	Decreasing Long	396	5.2664  GBP
10p ordinary	CFD	Decreasing Long	1,000	5.2716  GBP
10p ordinary	SWAP	Decreasing Short	5,247	5.2646  GBP
10p ordinary	SWAP	Decreasing Long	83	5.2613  GBP
10p ordinary	SWAP	Decreasing Long	101	5.2650  GBP
10p ordinary	SWAP	Increasing Short	82,734	5.2643  GBP
10p ordinary	SWAP	Increasing Short	89,844	5.2651  GBP
10p ordinary	SWAP	Decreasing Short	962	5.2457  GBP
10p ordinary	SWAP	Decreasing Short	4	5.2640  GBP
10p ordinary	SWAP	Decreasing Short	13,197	5.2652  GBP
10p ordinary	SWAP	Decreasing Short	20,069	5.2678  GBP
10p ordinary	SWAP	Decreasing Short	3,014	5.2690  GBP
10p ordinary	SWAP	Decreasing Short	954	5.2740  GBP
10p ordinary	SWAP	Increasing Short	288	5.2607  GBP
10p ordinary	SWAP	Increasing Short	11,919	5.2633  GBP
10p ordinary	SWAP	Increasing Short	144,448	5.2640  GBP
10p ordinary	SWAP	Increasing Short	7,403	5.2641  GBP
10p ordinary	SWAP	Increasing Short	31,038	5.2662  GBP
10p ordinary	SWAP	Increasing Short	2,749	5.2693  GBP
10p ordinary	SWAP	Increasing Short	111	5.2720  GBP
10p ordinary	SWAP	Increasing Short	159,955	5.2760  GBP
10p ordinary	SWAP	Decreasing Short	10	5.2629  GBP
10p ordinary	SWAP	Decreasing Short	1	5.2659  GBP
10p ordinary	SWAP	Decreasing Short	100	5.2691  GBP
10p ordinary	SWAP	Decreasing Short	31	5.2702  GBP
10p ordinary	SWAP	Decreasing Short	24	5.2719  GBP
10p ordinary	SWAP	Increasing Short	173,324	5.2640  GBP
10p ordinary	SWAP	Increasing Short	3,500	5.2659  GBP
10p ordinary	SWAP	Increasing Short	8,483	5.2665  GBP
10p ordinary	SWAP	Increasing Short	7,243	5.2676  GBP
10p ordinary	SWAP	Increasing Short	14,251	5.2688  GBP
10p ordinary	SWAP	Increasing Short	4,061	5.2693  GBP
10p ordinary	SWAP	Increasing Short	2,107	5.2695  GBP
10p ordinary	SWAP	Increasing Short	5,004	5.2709  GBP
10p ordinary	SWAP	Increasing Short	1,808	5.2728  GBP
10p ordinary	SWAP	Increasing Short	1,806	5.2754  GBP
10p ordinary	SWAP	Decreasing Short	675	5.2655  GBP
10p ordinary	SWAP	Increasing Long	6,610	5.2640  GBP
10p ordinary	SWAP	Increasing Long	12,863	5.2651  GBP
10p ordinary	SWAP	Increasing Long	10,411	5.2669  GBP
10p ordinary	SWAP	Decreasing Long	1,033	5.2617  GBP
10p ordinary	SWAP	Decreasing Long	600	5.2700  GBP
10p ordinary	SWAP	Decreasing Long	78,560	5.2760  GBP
10p ordinary	SWAP	Decreasing Long	19,169	5.264 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:				31 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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