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

Barclays PLC

09 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:				08 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:			10,210,177	1.05%	2,865,129	0.29%
(2)	Cash-settled derivatives:
	and/or controlled:			1,972,218	0.20%	8,906,302	0.91%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			12,182,395	1.25%	11,771,431	1.21%
(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		3,654,684		5.2100  GBP	5.0820  GBP
10p ordinary		Sale		2,030,736		5.1760  GBP	5.0800  GBP
(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		4,869	5.1195  GBP
10p ordinary		CFD		Increasing Long		8,389	5.1440  GBP
10p ordinary		CFD		Increasing Long		22,599	5.1695  GBP
10p ordinary		CFD		Increasing Long		2,516	5.1700  GBP
10p ordinary		CFD		Decreasing Long		694	5.1497  GBP
10p ordinary		CFD		Decreasing Long		10,905	5.1532  GBP
10p ordinary		CFD		Opening Short		80,806	5.1700  GBP
10p ordinary		CFD		Increasing Short		3,212	5.1766  GBP
10p ordinary		CFD		Increasing Short		428	5.1824  GBP
10p ordinary		SWAP		Decreasing Short		9,454	5.1275  GBP
10p ordinary		SWAP		Decreasing Short		4,700	5.1132  GBP
10p ordinary		SWAP		Decreasing Short		1,194	5.1305  GBP
10p ordinary		SWAP		Opening Long		155,475	5.1378  GBP
10p ordinary		SWAP		Decreasing Short		56,867	5.1258  GBP
10p ordinary		SWAP		Decreasing Short		19,536	5.1616  GBP
10p ordinary		SWAP		Closing Short		450,373	5.1432  GBP
10p ordinary		SWAP		Decreasing Short		1,133	5.1378  GBP
10p ordinary		SWAP		Increasing Long		2,603	5.1219  GBP
10p ordinary		SWAP		Increasing Long		3,136	5.1349  GBP
10p ordinary		SWAP		Increasing Long		2,028	5.1394  GBP
10p ordinary		SWAP		Increasing Long		1,109	5.1402  GBP
10p ordinary		SWAP		Decreasing Long		22,280	5.0922  GBP
10p ordinary		SWAP		Decreasing Long		8,004	5.0962  GBP
10p ordinary		SWAP		Decreasing Long		1,665	5.0965  GBP
10p ordinary		SWAP		Decreasing Long		931	5.0967  GBP
10p ordinary		SWAP		Decreasing Long		5,769	5.1001  GBP
10p ordinary		SWAP		Decreasing Long		700	5.1035  GBP
10p ordinary		SWAP		Decreasing Long		4,337	5.1066  GBP
10p ordinary		SWAP		Decreasing Long		3,770	5.1077  GBP
10p ordinary		SWAP		Decreasing Long		2,422	5.1086  GBP
10p ordinary		SWAP		Decreasing Long		2,006	5.1090  GBP
10p ordinary		SWAP		Decreasing Long		5,441	5.1095  GBP
10p ordinary		SWAP		Decreasing Long		7,385	5.1096  GBP
10p ordinary		SWAP		Decreasing Long		692	5.1104  GBP
10p ordinary		SWAP		Decreasing Long		2,355	5.1114  GBP
10p ordinary		SWAP		Decreasing Long		6,334	5.1115  GBP
10p ordinary		SWAP		Decreasing Long		4,564	5.1130  GBP
10p ordinary		SWAP		Decreasing Long		10,587	5.1147  GBP
10p ordinary		SWAP		Decreasing Long		2,872	5.1152  GBP
10p ordinary		SWAP		Decreasing Long		2,811	5.1153  GBP
10p ordinary		SWAP		Decreasing Long		4,757	5.1167  GBP
10p ordinary		SWAP		Decreasing Long		3,560	5.1168  GBP
10p ordinary		SWAP		Decreasing Long		667	5.1203  GBP
10p ordinary		SWAP		Decreasing Long		754	5.1207  GBP
10p ordinary		SWAP		Decreasing Long		1,553	5.1222  GBP
10p ordinary		SWAP		Decreasing Long		964	5.1228  GBP
10p ordinary		SWAP		Decreasing Long		145,564	5.1330  GBP
10p ordinary		SWAP		Decreasing Long		7,185	5.1347  GBP
10p ordinary		SWAP		Decreasing Long		500	5.1380  GBP
10p ordinary		SWAP		Decreasing Long		655,078	5.1386  GBP
10p ordinary		SWAP		Decreasing Long		778,362	5.1391  GBP
10p ordinary		SWAP		Decreasing Long		2,165	5.1394  GBP
10p ordinary		SWAP		Decreasing Long		2,090	5.1421  GBP
10p ordinary		SWAP		Decreasing Long		9,160	5.1436  GBP
10p ordinary		SWAP		Decreasing Long		7,215	5.1448  GBP
10p ordinary		SWAP		Decreasing Long		1,697	5.1452  GBP
10p ordinary		SWAP		Decreasing Long		16,810	5.1461  GBP
10p ordinary		SWAP		Decreasing Long		138	5.1476  GBP
10p ordinary		SWAP		Decreasing Long		6,380	5.1487  GBP
10p ordinary		SWAP		Decreasing Long		1,440	5.1528  GBP
10p ordinary		SWAP		Decreasing Long		5,235	5.1529  GBP
10p ordinary		SWAP		Decreasing Long		806	5.1543  GBP
10p ordinary		SWAP		Decreasing Long		301	5.1563  GBP
10p ordinary		SWAP		Decreasing Long		935	5.1569  GBP
10p ordinary		SWAP		Decreasing Long		3,017	5.1581  GBP
10p ordinary		SWAP		Decreasing Long		1,951	5.1582  GBP
10p ordinary		SWAP		Opening Short		145,375	5.1679  GBP
10p ordinary		SWAP		Increasing Short		4,144	5.1697  GBP
10p ordinary		SWAP		Decreasing Short		413	5.0800  GBP
10p ordinary		SWAP		Decreasing Short		26,981	5.1127  GBP
10p ordinary		SWAP		Decreasing Short		4,274	5.1167  GBP
10p ordinary		SWAP		Decreasing Short		86,400	5.1254  GBP
10p ordinary		SWAP		Decreasing Short		32,961	5.1668  GBP
10p ordinary		SWAP		Decreasing Short		8	5.1700  GBP
10p ordinary		SWAP		Decreasing Short		7,806	5.1703  GBP
10p ordinary		SWAP		Increasing Short		250,487	5.1272  GBP
10p ordinary		SWAP		Increasing Short		3,566	5.1295  GBP
10p ordinary		SWAP		Increasing Short		42,118	5.1694  GBP
10p ordinary		SWAP		Increasing Short		34,907	5.2100  GBP
10p ordinary		SWAP		Decreasing Short		975	5.1099  GBP
10p ordinary		SWAP		Decreasing Short		864	5.1229  GBP
10p ordinary		SWAP		Decreasing Short		2,943	5.1317  GBP
10p ordinary		SWAP		Decreasing Short		3,894	5.1340  GBP
10p ordinary		SWAP		Decreasing Short		1,029	5.1441  GBP
10p ordinary		SWAP		Decreasing Short		725	5.1535  GBP
10p ordinary		SWAP		Decreasing Short		1,106	5.1559  GBP
10p ordinary		SWAP		Decreasing Short		167	5.1570  GBP
10p ordinary		SWAP		Decreasing Short		2,122	5.1648  GBP
10p ordinary		SWAP		Increasing Short		937	5.0940  GBP
10p ordinary		SWAP		Increasing Short		687	5.0955  GBP
10p ordinary		SWAP		Increasing Short		235	5.1121  GBP
10p ordinary		SWAP		Increasing Short		15,304	5.1127  GBP
10p ordinary		SWAP		Increasing Short		3,272	5.1530  GBP
10p ordinary		SWAP		Increasing Short		1,852	5.1536  GBP
10p ordinary		SWAP		Increasing Short		2,512	5.1590  GBP
10p ordinary		SWAP		Increasing Short		8,859	5.1620  GBP
10p ordinary		SWAP		Increasing Short		96,341	5.1700  GBP
10p ordinary		SWAP		Decreasing Short		2,054	5.1311  GBP
10p ordinary		SWAP		Decreasing Short		212	5.1659  GBP
10p ordinary		SWAP		Increasing Short		106	5.1659  GBP
10p ordinary		SWAP		Increasing Long		2,373	5.0952  GBP
10p ordinary		SWAP		Decreasing Long		2,111	5.1584  GBP
10p ordinary		SWAP		Opening Long		201,600	5.1254  GBP
10p ordinary		SWAP		Increasing Long		8,066	5.1700  GBP
10p ordinary		SWAP		Decreasing Long		100,942	5.1267  GBP
10p ordinary		SWAP		Opening Short		179,042	5.2100  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:				09 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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