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

Barclays PLC

31 May 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:			BARRATT DEVELOPMENTS PLC
(c)	Name of the party to the offer with which exempt  principal trader is connected			REDROW PLC
(d)	Date position held/dealing undertaken:			30 May 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:  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:				12,912,415	1.32%	5,006,795	0.51%
(2) Cash-settled derivatives:				4,079,472	0.42%	11,516,883	1.18%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,991,887	1.74%	16,523,678	1.70%
(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
10p ordinary	Purchase	1765832	5.0380  GBP	4.9472  GBP
10p ordinary	Sale	1743556	5.0320  GBP	4.9680  GBP
ADR	Purchase	598	12.7400  USD	12.7400  USD
ADR	Sale	598	12.7400  USD	12.7400  USD
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	SWAP	Decreasing Long	1,026	4.9494  GBP
10p ordinary	CFD	Decreasing Long	1,771	5.0285  GBP
10p ordinary	CFD	Decreasing Long	9,959	4.9471  GBP
10p ordinary	CFD	Decreasing Long	15,144	5.0031  GBP
10p ordinary	CFD	Decreasing Long	16,811	5.0300  GBP
10p ordinary	CFD	Decreasing Long	36,902	5.0104  GBP
10p ordinary	SWAP	Decreasing Short	514	4.9981  GBP
10p ordinary	SWAP	Decreasing Short	574	4.9250  GBP
10p ordinary	SWAP	Decreasing Short	605	5.0320  GBP
10p ordinary	SWAP	Decreasing Short	1,214	5.0020  GBP
10p ordinary	SWAP	Decreasing Short	2,000	5.0291  GBP
10p ordinary	SWAP	Decreasing Short	2,430	5.0289  GBP
10p ordinary	SWAP	Decreasing Short	2,466	5.0138  GBP
10p ordinary	SWAP	Decreasing Short	3,338	5.0211  GBP
10p ordinary	SWAP	Decreasing Short	3,595	5.0224  GBP
10p ordinary	SWAP	Decreasing Short	3,612	4.9877  GBP
10p ordinary	SWAP	Decreasing Short	3,949	5.0267  GBP
10p ordinary	SWAP	Decreasing Short	4,599	5.0248  GBP
10p ordinary	SWAP	Decreasing Short	4,750	5.0271  GBP
10p ordinary	SWAP	Decreasing Short	4,846	5.0188  GBP
10p ordinary	SWAP	Decreasing Short	5,814	5.0169  GBP
10p ordinary	SWAP	Decreasing Short	6,921	4.9814  GBP
10p ordinary	SWAP	Decreasing Short	7,900	5.0283  GBP
10p ordinary	SWAP	Decreasing Short	8,107	5.0118  GBP
10p ordinary	SWAP	Decreasing Short	8,557	5.0149  GBP
10p ordinary	SWAP	Decreasing Short	9,647	5.0142  GBP
10p ordinary	SWAP	Decreasing Short	18,672	5.0135  GBP
10p ordinary	SWAP	Decreasing Short	20,252	5.0146  GBP
10p ordinary	SWAP	Decreasing Short	25,479	5.0178  GBP
10p ordinary	SWAP	Decreasing Short	39,945	5.0125  GBP
10p ordinary	CFD	Increasing Long	120	4.9356  GBP
10p ordinary	CFD	Increasing Long	158	5.0198  GBP
10p ordinary	CFD	Increasing Long	638	5.0130  GBP
10p ordinary	CFD	Increasing Long	1,173	4.9246  GBP
10p ordinary	CFD	Increasing Long	14,148	5.0215  GBP
10p ordinary	CFD	Increasing Long	26,770	5.0228  GBP
10p ordinary	SWAP	Increasing Short	18	5.0060  GBP
10p ordinary	SWAP	Increasing Short	35	5.0040  GBP
10p ordinary	SWAP	Increasing Short	156	4.9239  GBP
10p ordinary	SWAP	Increasing Short	501	5.0011  GBP
10p ordinary	SWAP	Increasing Short	1,242	5.0201  GBP
10p ordinary	SWAP	Increasing Short	2,083	5.0020  GBP
10p ordinary	SWAP	Increasing Short	3,180	5.0146  GBP
10p ordinary	SWAP	Increasing Short	7,521	5.0215  GBP
10p ordinary	SWAP	Increasing Short	23,005	5.0185  GBP
10p ordinary	SWAP	Increasing Short	30,215	5.0300  GBP
10p ordinary	SWAP	Increasing Short	43,752	5.0218  GBP
10p ordinary	SWAP	Increasing Short	61,330	5.0300  GBP
10p ordinary	SWAP	Increasing Short	71,568	5.0289  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:				31 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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