Form 8.5 (EPT/NON-RI) REDROW PLC

Barclays PLC

08 February 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:			REDROW PLC
(c)	Name of the party to the offer with which exempt  principal trader is connected			REDROW PLC
(d)	Date position held/dealing undertaken:			07 Feb 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:  BARRATT DEVELOPMENTS 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:				10.5p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				4,079,791	1.23%	3,025,717	0.91%
(2) Cash-settled derivatives:				1,781,199	0.54%	3,866,692	1.17%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				5,860,990	1.77%	6,892,409	2.08%
(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
10.5p ordinary	Purchase	2040280	7.0000  GBP	6.7286  GBP
10.5p ordinary	Sale	1937768	6.9982  GBP	6.6500  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10.5p ordinary	SWAP	Opening Long	483	6.8068  GBP
10.5p ordinary	SWAP	Opening Long	501	6.7829  GBP
10.5p ordinary	SWAP	Opening Long	1,584	6.9200  GBP
10.5p ordinary	SWAP	Opening Long	2,250	6.9654  GBP
10.5p ordinary	SWAP	Opening Long	2,556	6.8183  GBP
10.5p ordinary	SWAP	Opening Long	3,799	6.8547  GBP
10.5p ordinary	SWAP	Opening Long	3,881	6.7915  GBP
10.5p ordinary	SWAP	Opening Long	3,942	6.7768  GBP
10.5p ordinary	SWAP	Opening Long	6,549	6.8106  GBP
10.5p ordinary	SWAP	Opening Long	7,420	6.8576  GBP
10.5p ordinary	SWAP	Opening Long	7,453	6.7920  GBP
10.5p ordinary	SWAP	Opening Long	7,540	6.7851  GBP
10.5p ordinary	SWAP	Opening Long	10,094	6.9029  GBP
10.5p ordinary	SWAP	Opening Long	11,037	6.8180  GBP
10.5p ordinary	SWAP	Opening Long	12,606	6.8834  GBP
10.5p ordinary	SWAP	Opening Long	15,525	6.8497  GBP
10.5p ordinary	SWAP	Opening Long	18,909	6.9137  GBP
10.5p ordinary	SWAP	Opening Long	22,413	6.8475  GBP
10.5p ordinary	SWAP	Opening Long	23,154	6.8051  GBP
10.5p ordinary	SWAP	Opening Long	35,296	6.8849  GBP
10.5p ordinary	SWAP	Opening Long	41,390	6.8392  GBP
10.5p ordinary	SWAP	Opening Long	46,189	6.8068  GBP
10.5p ordinary	SWAP	Opening Long	50,000	6.8734  GBP
10.5p ordinary	SWAP	Opening Long	50,000	6.7740  GBP
10.5p ordinary	SWAP	Opening Long	56,751	6.8737  GBP
10.5p ordinary	SWAP	Opening Long	81,284	6.8761  GBP
10.5p ordinary	SWAP	Opening Long	87,182	6.8143  GBP
10.5p ordinary	SWAP	Opening Long	110,305	6.8699  GBP
10.5p ordinary	SWAP	Opening Long	112,329	6.8105  GBP
10.5p ordinary	SWAP	Opening Long	124,610	6.8090  GBP
10.5p ordinary	SWAP	Opening Long	150,000	6.8172  GBP
10.5p ordinary	SWAP	Opening Long	159,369	6.8701  GBP
10.5p ordinary	SWAP	Opening Long	205,431	6.8850  GBP
10.5p ordinary	SWAP	Opening Long	300,000	6.8145  GBP
10.5p ordinary	CFD	Opening Short	86	6.8850  GBP
10.5p ordinary	SWAP	Opening Short	195	6.9594  GBP
10.5p ordinary	SWAP	Opening Short	214	6.9982  GBP
10.5p ordinary	SWAP	Opening Short	264	6.9945  GBP
10.5p ordinary	SWAP	Opening Short	644	6.7790  GBP
10.5p ordinary	SWAP	Opening Short	697	6.9602  GBP
10.5p ordinary	SWAP	Opening Short	741	6.6597  GBP
10.5p ordinary	SWAP	Opening Short	888	6.9856  GBP
10.5p ordinary	SWAP	Opening Short	990	6.8207  GBP
10.5p ordinary	SWAP	Opening Short	2,034	6.9110  GBP
10.5p ordinary	CFD	Opening Short	3,060	6.7718  GBP
10.5p ordinary	SWAP	Opening Short	3,422	6.7900  GBP
10.5p ordinary	SWAP	Opening Short	4,468	6.7749  GBP
10.5p ordinary	SWAP	Opening Short	4,943	6.8475  GBP
10.5p ordinary	SWAP	Opening Short	5,815	6.7881  GBP
10.5p ordinary	SWAP	Opening Short	6,317	6.6892  GBP
10.5p ordinary	SWAP	Opening Short	6,619	6.7178  GBP
10.5p ordinary	SWAP	Opening Short	6,630	6.9964  GBP
10.5p ordinary	SWAP	Opening Short	6,731	6.7914  GBP
10.5p ordinary	SWAP	Opening Short	7,570	6.6748  GBP
10.5p ordinary	SWAP	Opening Short	9,759	6.8317  GBP
10.5p ordinary	SWAP	Opening Short	9,840	6.9362  GBP
10.5p ordinary	SWAP	Opening Short	10,746	6.7065  GBP
10.5p ordinary	SWAP	Opening Short	11,589	6.8633  GBP
10.5p ordinary	SWAP	Opening Short	11,834	6.7117  GBP
10.5p ordinary	SWAP	Opening Short	12,094	6.8371  GBP
10.5p ordinary	SWAP	Opening Short	12,632	6.6634  GBP
10.5p ordinary	SWAP	Opening Short	12,800	6.8286  GBP
10.5p ordinary	SWAP	Opening Short	14,187	6.7209  GBP
10.5p ordinary	SWAP	Opening Short	19,202	7.0000  GBP
10.5p ordinary	SWAP	Opening Short	19,915	6.9965  GBP
10.5p ordinary	CFD	Opening Short	21,236	6.7628  GBP
10.5p ordinary	SWAP	Opening Short	22,730	6.8349  GBP
10.5p ordinary	SWAP	Opening Short	22,842	6.8212  GBP
10.5p ordinary	SWAP	Opening Short	24,628	6.9565  GBP
10.5p ordinary	SWAP	Opening Short	25,287	6.8694  GBP
10.5p ordinary	SWAP	Opening Short	32,677	6.8028  GBP
10.5p ordinary	SWAP	Opening Short	32,700	6.7542  GBP
10.5p ordinary	SWAP	Opening Short	37,511	6.8227  GBP
10.5p ordinary	SWAP	Opening Short	39,828	6.8670  GBP
10.5p ordinary	SWAP	Opening Short	45,783	6.8090  GBP
10.5p ordinary	SWAP	Opening Short	53,470	6.7156  GBP
10.5p ordinary	SWAP	Opening Short	70,000	6.8855  GBP
10.5p ordinary	SWAP	Opening Short	84,922	6.8815  GBP
10.5p ordinary	SWAP	Opening Short	86,315	6.8081  GBP
10.5p ordinary	CFD	Opening Short	106,160	6.8850  GBP
10.5p ordinary	CFD	Opening Short	148,485	6.7757  GBP
10.5p ordinary	CFD	Opening Short	164,144	6.8749  GBP
10.5p ordinary	CFD	Opening Short	211,331	6.8730  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:				08 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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