Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

13 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:				12 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:			9,860,360	1.01%	2,981,483	0.31%
(2)	Cash-settled derivatives:
	and/or controlled:			2,098,670	0.22%	8,597,946	0.88%
(3)	Stock-settled derivatives (including options)
	and agreements to purchase/sell:			0	0.00%	0	0.00%
	TOTAL:			11,959,030	1.23%	11,579,429	1.19%
(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		446,674		5.2662  GBP	5.2330  GBP
10p ordinary		Sale		576,380		5.2640  GBP	5.2290  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		4,531	5.2460  GBP
10p ordinary		CFD		Increasing Long		12,655	5.2526  GBP
10p ordinary		CFD		Decreasing Long		3,481	5.2523  GBP
10p ordinary		CFD		Decreasing Long		17,186	5.2662  GBP
10p ordinary		SWAP		Decreasing Short		10,719	5.2468  GBP
10p ordinary		SWAP		Opening Long		4	5.2525  GBP
10p ordinary		SWAP		Opening Short		147	5.2259  GBP
10p ordinary		SWAP		Decreasing Short		5,700	5.2500  GBP
10p ordinary		SWAP		Decreasing Short		460	5.2553  GBP
10p ordinary		SWAP		Increasing Long		141,499	5.2397  GBP
10p ordinary		SWAP		Decreasing Short		59,327	5.2459  GBP
10p ordinary		SWAP		Decreasing Short		1,033	5.2397  GBP
10p ordinary		SWAP		Decreasing Short		1,598	5.2359  GBP
10p ordinary		SWAP		Decreasing Short		436	5.2375  GBP
10p ordinary		SWAP		Decreasing Short		156	5.2416  GBP
10p ordinary		SWAP		Decreasing Short		909	5.2449  GBP
10p ordinary		SWAP		Decreasing Short		27,325	5.2467  GBP
10p ordinary		SWAP		Increasing Short		86,951	5.2466  GBP
10p ordinary		SWAP		Increasing Short		25,224	5.2520  GBP
10p ordinary		SWAP		Decreasing Short		79,639	5.2380  GBP
10p ordinary		SWAP		Decreasing Short		654	5.2400  GBP
10p ordinary		SWAP		Decreasing Short		4,827	5.2401  GBP
10p ordinary		SWAP		Decreasing Short		3,760	5.2454  GBP
10p ordinary		SWAP		Decreasing Short		2	5.2460  GBP
10p ordinary		SWAP		Decreasing Short		19,522	5.2519  GBP
10p ordinary		SWAP		Decreasing Short		911	5.2540  GBP
10p ordinary		SWAP		Decreasing Short		337	5.2760  GBP
10p ordinary		SWAP		Increasing Short		1,066	5.2413  GBP
10p ordinary		SWAP		Increasing Short		8,320	5.2448  GBP
10p ordinary		SWAP		Increasing Short		5,480	5.2465  GBP
10p ordinary		SWAP		Increasing Short		2,496	5.2477  GBP
10p ordinary		SWAP		Increasing Short		2,360	5.2484  GBP
10p ordinary		SWAP		Increasing Short		4,746	5.2519  GBP
10p ordinary		SWAP		Decreasing Short		18,917	5.2466  GBP
10p ordinary		SWAP		Increasing Short		6,001	5.2408  GBP
10p ordinary		SWAP		Increasing Short		6,388	5.2416  GBP
10p ordinary		SWAP		Increasing Short		481	5.2420  GBP
10p ordinary		SWAP		Increasing Short		7,751	5.2424  GBP
10p ordinary		SWAP		Increasing Short		1,606	5.2442  GBP
10p ordinary		SWAP		Increasing Short		60,550	5.2460  GBP
10p ordinary		SWAP		Increasing Short		7,714	5.2501  GBP
10p ordinary		SWAP		Increasing Short		1,207	5.2540  GBP
10p ordinary		SWAP		Increasing Short		1,807	5.2602  GBP
10p ordinary		SWAP		Increasing Short		3,032	5.2642  GBP
10p ordinary		SWAP		Decreasing Short		832	5.2543  GBP
10p ordinary		SWAP		Decreasing Long		3,211	5.2503  GBP
10p ordinary		SWAP		Decreasing Short		6	5.2460  GBP
10p ordinary		SWAP		Decreasing Short		1,797	5.2474  GBP
10p ordinary		SWAP		Decreasing Short		2,113	5.2491  GBP
10p ordinary		SWAP		Increasing Short		5,083	5.2460  GBP
10p ordinary		SWAP		Increasing Short		3,690	5.2516  GBP
10p ordinary		SWAP		Increasing Short		3,916	5.2539  GBP
10p ordinary		SWAP		Increasing Short		18,081	5.2380  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:				13 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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