FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
BARRATT DEVELOPMENTS PLC |
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(c) |
Name of the party to the offer with which exempt |
REDROW PLC |
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(d) |
Date position held/dealing undertaken: |
01 May 2024 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
10p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
13,920,619 |
1.43% |
6,138,819 |
0.63% |
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(2) Cash-settled derivatives: |
5,241,223 |
0.54% |
12,514,932 |
1.28% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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19,161,842 |
1.97% |
18,653,751 |
1.91% |
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(b) |
Rights to subscribe for new securities (including directors and other executive options) |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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10p ordinary |
Purchase |
497763 |
4.5535 GBP |
4.5265 GBP |
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10p ordinary |
Sale |
450491 |
4.5458 GBP |
4.5291 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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10p ordinary |
CFD |
Decreasing Long |
69 |
4.5400 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
125 |
4.5403 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
144 |
4.5381 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
185 |
4.5527 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
216 |
4.5364 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
344 |
4.5534 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
422 |
4.5410 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
461 |
4.5411 GBP |
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10p ordinary |
CFD |
Decreasing Long |
560 |
4.5535 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
621 |
4.5409 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
2,141 |
4.5392 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
3,081 |
4.5400 GBP |
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10p ordinary |
CFD |
Decreasing Long |
7,453 |
4.5447 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
305 |
4.5423 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
963 |
4.5518 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,694 |
4.5400 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,744 |
4.5409 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,789 |
4.5400 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
3,785 |
4.5367 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
6,020 |
4.5341 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
7,858 |
4.5367 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
8,160 |
4.5380 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
16,912 |
4.5377 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
66,594 |
4.5399 GBP |
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10p ordinary |
CFD |
Increasing Long |
8,082 |
4.5291 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1 |
4.5370 GBP |
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10p ordinary |
SWAP |
Increasing Short |
4 |
4.5350 GBP |
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10p ordinary |
SWAP |
Increasing Short |
652 |
4.5333 GBP |
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10p ordinary |
SWAP |
Increasing Short |
700 |
4.5350 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,031 |
4.5345 GBP |
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10p ordinary |
SWAP |
Increasing Short |
1,135 |
4.5329 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,060 |
4.5400 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,262 |
4.5438 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,389 |
4.5407 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,451 |
4.5376 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,644 |
4.5552 GBP |
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10p ordinary |
SWAP |
Increasing Short |
4,339 |
4.5372 GBP |
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10p ordinary |
SWAP |
Increasing Short |
6,106 |
4.5483 GBP |
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10p ordinary |
SWAP |
Increasing Short |
7,972 |
4.5551 GBP |
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10p ordinary |
SWAP |
Increasing Short |
14,189 |
4.5464 GBP |
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10p ordinary |
SWAP |
Increasing Short |
16,820 |
4.5393 GBP |
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10p ordinary |
SWAP |
Increasing Short |
18,028 |
4.5450 GBP |
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10p ordinary |
SWAP |
Increasing Short |
27,917 |
4.5474 GBP |
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10p ordinary |
SWAP |
Increasing Short |
39,112 |
4.5353 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
02 May 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |