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

Barclays PLC

07 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  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:			06 Aug 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:				10,463,970	1.07%	4,591,065	0.47%
(2) Cash-settled derivatives:				3,680,846	0.38%	9,114,082	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,144,816	1.45%	13,705,147	1.41%
(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	709359	5.1539  GBP	5.0720  GBP
10p ordinary	Sale	625466	5.1490  GBP	5.0720  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	662	5.1317  GBP
10p ordinary	CFD	Increasing Long	11,483	5.1129  GBP
10p ordinary	CFD	Increasing Long	7,296	5.1377  GBP
10p ordinary	CFD	Increasing Long	402	5.1397  GBP
10p ordinary	CFD	Decreasing Long	681	5.0954  GBP
10p ordinary	CFD	Decreasing Long	2,718	5.1159  GBP
10p ordinary	CFD	Opening Short	110,127	5.1219  GBP
10p ordinary	CFD	Increasing Short	6,615	5.1220  GBP
10p ordinary	CFD	Increasing Short	341	5.1244  GBP
10p ordinary	SWAP	Decreasing Short	100	5.0940  GBP
10p ordinary	SWAP	Decreasing Short	855	5.1119  GBP
10p ordinary	SWAP	Increasing Long	4	5.0877  GBP
10p ordinary	SWAP	Decreasing Long	3,781	5.1245  GBP
10p ordinary	SWAP	Decreasing Long	569	5.1263  GBP
10p ordinary	SWAP	Decreasing Short	747	5.0740  GBP
10p ordinary	SWAP	Decreasing Short	1,221	5.0936  GBP
10p ordinary	SWAP	Decreasing Short	121,565	5.1049  GBP
10p ordinary	SWAP	Decreasing Short	108,526	5.1220  GBP
10p ordinary	SWAP	Increasing Short	39,491	5.0906  GBP
10p ordinary	SWAP	Increasing Short	138,930	5.0920  GBP
10p ordinary	SWAP	Increasing Short	548	5.1056  GBP
10p ordinary	SWAP	Increasing Short	17	5.1220  GBP
10p ordinary	SWAP	Increasing Short	1,780	5.1285  GBP
10p ordinary	SWAP	Increasing Short	164	5.1420  GBP
10p ordinary	SWAP	Decreasing Short	225	5.0879  GBP
10p ordinary	SWAP	Decreasing Short	756	5.0881  GBP
10p ordinary	SWAP	Decreasing Short	97	5.0899  GBP
10p ordinary	SWAP	Decreasing Short	3,703	5.1259  GBP
10p ordinary	SWAP	Decreasing Short	3,093	5.1286  GBP
10p ordinary	SWAP	Decreasing Short	407	5.1559  GBP
10p ordinary	SWAP	Increasing Short	342	5.0809  GBP
10p ordinary	SWAP	Increasing Short	753	5.0870  GBP
10p ordinary	SWAP	Increasing Short	2,648	5.0919  GBP
10p ordinary	SWAP	Increasing Short	96	5.0934  GBP
10p ordinary	SWAP	Increasing Short	45,076	5.1056  GBP
10p ordinary	SWAP	Increasing Short	93	5.1083  GBP
10p ordinary	SWAP	Increasing Short	14,595	5.1220  GBP
10p ordinary	SWAP	Decreasing Short	1,537	5.1108  GBP
10p ordinary	SWAP	Increasing Long	59,226	5.1018  GBP
10p ordinary	SWAP	Increasing Long	31,167	5.1220  GBP
10p ordinary	SWAP	Decreasing Long	76,059	5.0920  GBP
10p ordinary	SWAP	Decreasing Long	47	5.1220  GBP
10p ordinary	SWAP	Decreasing Long	318	5.1540  GBP
10p ordinary	SWAP	Decreasing Long	19,936	5.0920  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:				07 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END