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

Barclays PLC
05 August 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


BARRATT DEVELOPMENTS PLC


relevant securities this form relates:


(c)

Name of the party to the offer with which exempt

REDROW PLC


principal trader is connected



(d)

Date position held/dealing undertaken:


02 Aug 2024

(e)

In addition to the company in 1(b) above, is the exempt principal

YES:




trader making disclosures in respect of any other party to the offer?

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:



10,368,580

1.06%

4,598,126

0.47%

(2)

Cash-settled derivatives:






and/or controlled:



3,671,041

0.38%

9,027,537

0.93%

(3)

Stock-settled derivatives (including options)






and agreements to purchase/sell:



0

0.00%

0

0.00%










TOTAL:



14,039,621

1.44%

13,625,663

1.40%

(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)

Purchases and sales






Class of relevant

Purchase/sale

Total number of

Highest price per unit

Lowest price per unit

security


securities

paid/received

paid/received

10p ordinary

Purchase

1,361,064

5.3400  GBP

5.2000  GBP

10p ordinary

Sale

1,354,488

5.3360  GBP

5.2060  GBP

ADR

Purchase

2

13.3400  USD

13.3400  USD

ADR

Sale

2

13.3400  USD

13.3400  USD









(b)

Cash-settled derivative transactions


Class of

Product

Nature of dealing

Number of

Price per

relevant

description


reference

unit

security



securities


10p ordinary

SWAP

Increasing Long

395

5.2099  GBP

10p ordinary

CFD

Increasing Long

17,612

5.2355  GBP

10p ordinary

CFD

Increasing Long

11,700

5.2415  GBP

10p ordinary

CFD

Increasing Long

30

5.2470  GBP

10p ordinary

CFD

Increasing Long

21,409

5.2600  GBP

10p ordinary

CFD

Increasing Long

6,973

5.2649  GBP

10p ordinary

CFD

Decreasing Long

17,958

5.2360  GBP

10p ordinary

CFD

Decreasing Long

59

5.2562  GBP

10p ordinary

CFD

Decreasing Long

3,451

5.2658  GBP

10p ordinary

CFD

Decreasing Long

2,692

5.2744  GBP

10p ordinary

SWAP

Decreasing Short

1,975

5.2526  GBP

10p ordinary

SWAP

Decreasing Short

1,500

5.2668  GBP

10p ordinary

SWAP

Increasing Long

140

5.2154  GBP

10p ordinary

SWAP

Increasing Long

1,172

5.2284  GBP

10p ordinary

SWAP

Increasing Long

1

5.2777  GBP

10p ordinary

SWAP

Increasing Short

156

5.2089  GBP

10p ordinary

SWAP

Increasing Short

5,158

5.2150  GBP

10p ordinary

SWAP

Increasing Short

43,385

5.2256  GBP

10p ordinary

SWAP

Increasing Short

58,911

5.2314  GBP

10p ordinary

SWAP

Increasing Short

2,413

5.2523  GBP

10p ordinary

SWAP

Decreasing Short

183,845

5.2361  GBP

10p ordinary

SWAP

Decreasing Short

60,113

5.2363  GBP

10p ordinary

SWAP

Decreasing Short

286,196

5.2368  GBP

10p ordinary

SWAP

Decreasing Short

628

5.2500  GBP

10p ordinary

SWAP

Decreasing Short

3,332

5.2572  GBP

10p ordinary

SWAP

Decreasing Short

335

5.2640  GBP

10p ordinary

SWAP

Increasing Short

9,685

5.2334  GBP

10p ordinary

SWAP

Increasing Short

576

5.2523  GBP

10p ordinary

SWAP

Increasing Short

45,417

5.2603  GBP

10p ordinary

SWAP

Increasing Short

2,363

5.2606  GBP

10p ordinary

SWAP

Increasing Short

263,200

5.3400  GBP

10p ordinary

SWAP

Decreasing Short

33,775

5.2308  GBP

10p ordinary

SWAP

Decreasing Short

5,236

5.2416  GBP

10p ordinary

SWAP

Decreasing Short

1,380

5.2459  GBP

10p ordinary

SWAP

Decreasing Short

527

5.2492  GBP

10p ordinary

SWAP

Decreasing Short

10,517

5.2497  GBP

10p ordinary

SWAP

Decreasing Short

2,905

5.2528  GBP

10p ordinary

SWAP

Decreasing Short

2,258

5.2530  GBP

10p ordinary

SWAP

Decreasing Short

906

5.2565  GBP

10p ordinary

SWAP

Decreasing Short

1,817

5.2567  GBP

10p ordinary

SWAP

Decreasing Short

2,669

5.2603  GBP

10p ordinary

SWAP

Increasing Short

4,460

5.2057  GBP

10p ordinary

SWAP

Increasing Short

2,390

5.2076  GBP

10p ordinary

SWAP

Increasing Short

3,611

5.2082  GBP

10p ordinary

SWAP

Increasing Short

9,286

5.2084  GBP

10p ordinary

SWAP

Increasing Short

494

5.2097  GBP

10p ordinary

SWAP

Increasing Short

1,087

5.2125  GBP

10p ordinary

SWAP

Increasing Short

29,261

5.2140  GBP

10p ordinary

SWAP

Increasing Short

18,725

5.2163  GBP

10p ordinary

SWAP

Increasing Short

4,399

5.2172  GBP

10p ordinary

SWAP

Increasing Short

1,094

5.2188  GBP

10p ordinary

SWAP

Increasing Short

122,225

5.2360  GBP

10p ordinary

SWAP

Increasing Long

15,000

5.2376  GBP

10p ordinary

SWAP

Decreasing Long

10,000

5.2548  GBP

10p ordinary

SWAP

Opening Short

4,376

5.2361  GBP

10p ordinary

SWAP

Increasing Long

35,280

5.2356  GBP

10p ordinary

SWAP

Increasing Long

110,183

5.2360  GBP

10p ordinary

SWAP

Increasing Long

81,101

5.2379  GBP

10p ordinary

SWAP

Decreasing Long

4,666

5.2219  GBP

10p ordinary

SWAP

Decreasing Long

170,256

5.3400  GBP









(c)

Stock-settled derivative transactions (including options)


(i)

Writing, selling, purchasing or varying


Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price


date

money

relevant


selling,

securities

per unit



paid/

security


varying etc

to which




received




option




per unit




relates





















(ii)

Exercising







Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security



securities

unit














(d)

Other dealings (including subscribing for new securities)


Class of relevant

Nature of Dealings

Details

Price per unit (if

security



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 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

























 

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