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

Barclays PLC

06 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:				05 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:			10,393,821	1.07%	4,604,809	0.47%
(2)	Cash-settled derivatives:
	and/or controlled:			3,706,384	0.38%	9,025,643	0.93%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			14,100,205	1.45%	13,630,452	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		1,097,682		5.2360  GBP	5.0300  GBP
10p ordinary		Sale		1,079,124		5.1305  GBP	5.0328  GBP
ADR		Purchase		800		12.9450  USD	12.9450  USD
ADR		Sale		800		12.9450  USD	12.9450  USD
(b)	Cash-settled derivative transactions
Class of		Product		Nature of dealing		Number of	Price per
relevant		description				reference	unit
security						securities
10p ordinary		CFD		Increasing Long		9,797	5.0657  GBP
10p ordinary		CFD		Increasing Long		326	5.0658  GBP
10p ordinary		CFD		Increasing Long		1,484	5.0865  GBP
10p ordinary		CFD		Increasing Long		22,544	5.0880  GBP
10p ordinary		CFD		Increasing Long		2,800	5.0915  GBP
10p ordinary		CFD		Increasing Long		60,240	5.0920  GBP
10p ordinary		CFD		Decreasing Long		82,784	5.0627  GBP
10p ordinary		CFD		Decreasing Long		88	5.0682  GBP
10p ordinary		CFD		Decreasing Long		472	5.0688  GBP
10p ordinary		CFD		Decreasing Long		9,482	5.0721  GBP
10p ordinary		CFD		Decreasing Long		3,600	5.0757  GBP
10p ordinary		CFD		Decreasing Long		23,652	5.0856  GBP
10p ordinary		SWAP		Decreasing Short		23,255	5.0579  GBP
10p ordinary		SWAP		Decreasing Short		1,372	5.0691  GBP
10p ordinary		SWAP		Increasing Long		1,187	5.0917  GBP
10p ordinary		SWAP		Decreasing Long		38	5.0542  GBP
10p ordinary		SWAP		Increasing Short		337	5.0458  GBP
10p ordinary		SWAP		Increasing Short		3,530	5.0518  GBP
10p ordinary		SWAP		Increasing Short		2,514	5.0535  GBP
10p ordinary		SWAP		Increasing Short		214	5.0764  GBP
10p ordinary		SWAP		Increasing Short		30,225	5.0822  GBP
10p ordinary		SWAP		Increasing Short		56	5.1119  GBP
10p ordinary		SWAP		Increasing Short		10	5.1120  GBP
10p ordinary		SWAP		Increasing Short		256	5.1137  GBP
10p ordinary		SWAP		Increasing Short		3,154	5.1185  GBP
10p ordinary		SWAP		Decreasing Short		2,062	5.0622  GBP
10p ordinary		SWAP		Decreasing Short		221,971	5.0809  GBP
10p ordinary		SWAP		Decreasing Short		69,267	5.0910  GBP
10p ordinary		SWAP		Decreasing Short		25,497	5.0920  GBP
10p ordinary		SWAP		Increasing Short		973	5.0539  GBP
10p ordinary		SWAP		Increasing Short		11	5.0740  GBP
10p ordinary		SWAP		Increasing Short		20,019	5.0788  GBP
10p ordinary		SWAP		Increasing Short		12,789	5.0909  GBP
10p ordinary		SWAP		Increasing Short		1,832	5.0934  GBP
10p ordinary		SWAP		Increasing Short		337,641	5.2360  GBP
10p ordinary		SWAP		Decreasing Short		10,881	5.0623  GBP
10p ordinary		SWAP		Decreasing Short		4,190	5.0657  GBP
10p ordinary		SWAP		Decreasing Short		1,545	5.0740  GBP
10p ordinary		SWAP		Decreasing Short		17,187	5.0749  GBP
10p ordinary		SWAP		Decreasing Short		3,172	5.0753  GBP
10p ordinary		SWAP		Decreasing Short		9,794	5.0773  GBP
10p ordinary		SWAP		Decreasing Short		5,354	5.0801  GBP
10p ordinary		SWAP		Decreasing Short		10,933	5.0906  GBP
10p ordinary		SWAP		Decreasing Short		18,788	5.0997  GBP
10p ordinary		SWAP		Increasing Short		11,653	5.0920  GBP
10p ordinary		SWAP		Increasing Long		10,000	5.0454  GBP
10p ordinary		SWAP		Closing Long		42,000	5.0712  GBP
10p ordinary		SWAP		Decreasing Short		1,840	5.0696  GBP
10p ordinary		SWAP		Increasing Long		76,472	5.0313  GBP
10p ordinary		SWAP		Increasing Long		35,280	5.0916  GBP
10p ordinary		SWAP		Increasing Long		76,471	5.1116  GBP
10p ordinary		SWAP		Increasing Long		67,715	5.0808  GBP
10p ordinary		SWAP		Increasing Long		30,150	5.0920  GBP
10p ordinary		SWAP		Decreasing Long		2	5.0660  GBP
10p ordinary		SWAP		Decreasing Long		197,005	5.2360  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:				06 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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