Form 8.5 (EPT/NON-RI) - Redrow plc

Barclays PLC

09 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:			08 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:				4,457,718	1.35%	2,845,227	0.86%
(2) Cash-settled derivatives:				1,542,592	0.47%	4,110,683	1.24%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,000,310	1.81%	6,955,910	2.10%
(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	1099742	6.9600  GBP	6.7343  GBP
10.5p ordinary	Sale	592825	6.9544  GBP	6.7350  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	Closing Long	2	6.9049  GBP
10.5p ordinary	SWAP	Closing Long	8	6.9374  GBP
10.5p ordinary	SWAP	Closing Long	14	6.8937  GBP
10.5p ordinary	SWAP	Closing Long	16	6.9143  GBP
10.5p ordinary	SWAP	Closing Long	30	6.9345  GBP
10.5p ordinary	SWAP	Closing Long	48	6.9216  GBP
10.5p ordinary	SWAP	Closing Long	52	6.8938  GBP
10.5p ordinary	SWAP	Closing Long	61	6.9110  GBP
10.5p ordinary	SWAP	Closing Long	82	6.9011  GBP
10.5p ordinary	SWAP	Closing Long	107	6.9344  GBP
10.5p ordinary	SWAP	Closing Long	129	6.9365  GBP
10.5p ordinary	SWAP	Closing Long	203	6.9141  GBP
10.5p ordinary	SWAP	Closing Long	214	6.9107  GBP
10.5p ordinary	SWAP	Closing Long	256	6.9139  GBP
10.5p ordinary	SWAP	Closing Long	304	6.8992  GBP
10.5p ordinary	SWAP	Closing Long	400	6.8939  GBP
10.5p ordinary	SWAP	Closing Long	420	6.9051  GBP
10.5p ordinary	SWAP	Closing Long	529	6.9050  GBP
10.5p ordinary	SWAP	Closing Long	570	6.9038  GBP
10.5p ordinary	SWAP	Closing Long	796	6.9169  GBP
10.5p ordinary	SWAP	Closing Long	1,047	6.8891  GBP
10.5p ordinary	SWAP	Closing Long	1,062	6.8990  GBP
10.5p ordinary	SWAP	Closing Long	1,263	6.8868  GBP
10.5p ordinary	SWAP	Closing Long	1,327	6.9214  GBP
10.5p ordinary	SWAP	Closing Long	2,157	6.9010  GBP
10.5p ordinary	SWAP	Closing Long	17,875	6.8830  GBP
10.5p ordinary	SWAP	Closing Long	36,685	6.8747  GBP
10.5p ordinary	SWAP	Closing Long	78,641	6.9041  GBP
10.5p ordinary	SWAP	Closing Short	15,745	6.7350  GBP
10.5p ordinary	SWAP	Decreasing Long	34	6.8800  GBP
10.5p ordinary	SWAP	Decreasing Long	39	6.8856  GBP
10.5p ordinary	SWAP	Decreasing Long	39	6.8896  GBP
10.5p ordinary	SWAP	Decreasing Long	54	6.9050  GBP
10.5p ordinary	SWAP	Decreasing Long	645	6.8992  GBP
10.5p ordinary	SWAP	Decreasing Long	3,899	6.9027  GBP
10.5p ordinary	SWAP	Decreasing Long	30,410	6.8962  GBP
10.5p ordinary	SWAP	Decreasing Short	396	6.9544  GBP
10.5p ordinary	CFD	Decreasing Short	792	6.8990  GBP
10.5p ordinary	CFD	Decreasing Short	2,280	6.8997  GBP
10.5p ordinary	SWAP	Decreasing Short	2,823	6.9034  GBP
10.5p ordinary	SWAP	Decreasing Short	3,800	6.9036  GBP
10.5p ordinary	CFD	Decreasing Short	4,329	6.8487  GBP
10.5p ordinary	SWAP	Decreasing Short	10,682	6.9393  GBP
10.5p ordinary	CFD	Decreasing Short	48,376	6.8757  GBP
10.5p ordinary	CFD	Decreasing Short	62,698	6.7350  GBP
10.5p ordinary	SWAP	Increasing Long	434	6.9179  GBP
10.5p ordinary	SWAP	Increasing Long	1,028	6.9063  GBP
10.5p ordinary	SWAP	Increasing Long	1,123	6.9086  GBP
10.5p ordinary	SWAP	Increasing Long	1,338	6.9299  GBP
10.5p ordinary	SWAP	Increasing Long	1,833	6.9348  GBP
10.5p ordinary	SWAP	Increasing Long	6,067	6.9161  GBP
10.5p ordinary	SWAP	Increasing Long	6,660	6.9306  GBP
10.5p ordinary	SWAP	Increasing Long	6,970	6.9320  GBP
10.5p ordinary	SWAP	Increasing Long	9,072	6.9122  GBP
10.5p ordinary	SWAP	Increasing Short	360	6.8994  GBP
10.5p ordinary	SWAP	Increasing Short	888	6.8987  GBP
10.5p ordinary	CFD	Increasing Short	4,210	6.7350  GBP
10.5p ordinary	CFD	Increasing Short	23,927	6.9600  GBP
10.5p ordinary	CFD	Increasing Short	25,924	6.8277  GBP
10.5p ordinary	CFD	Increasing Short	32,561	6.8940  GBP
10.5p ordinary	CFD	Increasing Short	42,330	6.8970  GBP
10.5p ordinary	SWAP	Increasing Short	100,000	6.8791  GBP
10.5p ordinary	SWAP	Opening Long	107,602	6.8902  GBP
10.5p ordinary	SWAP	Opening Short	260	6.9100  GBP
10.5p ordinary	SWAP	Opening Short	1,016	6.9073  GBP
10.5p ordinary	SWAP	Opening Short	1,281	6.9000  GBP
10.5p ordinary	SWAP	Opening Short	1,466	6.8862  GBP
10.5p ordinary	SWAP	Opening Short	1,635	6.8498  GBP
10.5p ordinary	SWAP	Opening Short	1,761	6.8909  GBP
10.5p ordinary	SWAP	Opening Short	2,616	6.8454  GBP
10.5p ordinary	SWAP	Opening Short	3,132	6.8741  GBP
10.5p ordinary	SWAP	Opening Short	5,603	6.8650  GBP
10.5p ordinary	SWAP	Opening Short	16,554	6.7356  GBP
10.5p ordinary	SWAP	Opening Short	35,902	6.9055  GBP
10.5p ordinary	SWAP	Opening Short	72,822	6.8674  GBP
10.5p ordinary	SWAP	Opening Short	88,438	6.7350  GBP
10.5p ordinary	SWAP	Opening Short	105,652	6.7378  GBP
10.5p ordinary	SWAP	Opening Short	148,055	6.8685  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:				09 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END