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

Barclays PLC

03 June 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:			31 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:				12,969,945	1.33%	4,945,134	0.51%
(2) Cash-settled derivatives:				3,963,455	0.41%	11,573,130	1.19%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,933,400	1.74%	16,518,264	1.69%
(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	2624178	5.0504  GBP	5.0190  GBP
10p ordinary	Sale	2504399	5.0506  GBP	5.0180  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
10p ordinary	CFD	Decreasing Long	27	5.0359  GBP
10p ordinary	SWAP	Decreasing Long	1,344	5.0294  GBP
10p ordinary	CFD	Decreasing Long	3,091	5.0207  GBP
10p ordinary	SWAP	Decreasing Long	4,416	5.0416  GBP
10p ordinary	SWAP	Decreasing Long	4,636	5.0386  GBP
10p ordinary	SWAP	Decreasing Long	4,824	5.0274  GBP
10p ordinary	SWAP	Decreasing Long	5,216	5.0344  GBP
10p ordinary	SWAP	Decreasing Long	7,987	5.0459  GBP
10p ordinary	CFD	Decreasing Long	10,648	5.0234  GBP
10p ordinary	CFD	Decreasing Long	24,003	5.0240  GBP
10p ordinary	SWAP	Decreasing Long	39,286	5.0320  GBP
10p ordinary	CFD	Decreasing Long	41,734	5.0324  GBP
10p ordinary	SWAP	Decreasing Short	4	5.0619  GBP
10p ordinary	SWAP	Decreasing Short	86	5.0579  GBP
10p ordinary	SWAP	Decreasing Short	109	5.0299  GBP
10p ordinary	SWAP	Decreasing Short	1,384	5.0348  GBP
10p ordinary	SWAP	Decreasing Short	1,416	5.0354  GBP
10p ordinary	SWAP	Decreasing Short	2,385	5.0515  GBP
10p ordinary	SWAP	Decreasing Short	2,661	5.0488  GBP
10p ordinary	SWAP	Decreasing Short	2,700	5.0652  GBP
10p ordinary	SWAP	Decreasing Short	3,572	5.0251  GBP
10p ordinary	SWAP	Decreasing Short	4,518	5.0319  GBP
10p ordinary	SWAP	Decreasing Short	4,668	5.0350  GBP
10p ordinary	SWAP	Decreasing Short	6,862	5.0455  GBP
10p ordinary	SWAP	Decreasing Short	8,650	5.0514  GBP
10p ordinary	SWAP	Decreasing Short	9,339	5.0339  GBP
10p ordinary	SWAP	Decreasing Short	13,193	5.0225  GBP
10p ordinary	SWAP	Decreasing Short	65,573	5.0325  GBP
10p ordinary	SWAP	Decreasing Short	70,402	5.0314  GBP
10p ordinary	SWAP	Decreasing Short	207,612	5.0297  GBP
10p ordinary	SWAP	Decreasing Short	307,095	5.0319  GBP
10p ordinary	CFD	Increasing Long	345	5.0255  GBP
10p ordinary	CFD	Increasing Long	421	5.0349  GBP
10p ordinary	SWAP	Increasing Long	566	5.0220  GBP
10p ordinary	CFD	Increasing Long	1,246	5.0340  GBP
10p ordinary	CFD	Increasing Long	4,614	5.0287  GBP
10p ordinary	CFD	Increasing Long	9,120	5.0320  GBP
10p ordinary	CFD	Increasing Long	14,883	5.0302  GBP
10p ordinary	SWAP	Increasing Short	47	5.0260  GBP
10p ordinary	SWAP	Increasing Short	142	5.0411  GBP
10p ordinary	SWAP	Increasing Short	1,446	5.0364  GBP
10p ordinary	SWAP	Increasing Short	1,599	5.0464  GBP
10p ordinary	SWAP	Increasing Short	1,798	5.0301  GBP
10p ordinary	SWAP	Increasing Short	1,977	5.0302  GBP
10p ordinary	SWAP	Increasing Short	2,168	5.0281  GBP
10p ordinary	SWAP	Increasing Short	2,852	5.0317  GBP
10p ordinary	SWAP	Increasing Short	26,323	5.0321  GBP
10p ordinary	SWAP	Increasing Short	27,660	5.0399  GBP
10p ordinary	SWAP	Increasing Short	58,554	5.0320  GBP
10p ordinary	SWAP	Increasing Short	267,487	5.0319  GBP
10p ordinary	SWAP	Increasing Short	352,523	5.0320  GBP
10p ordinary	SWAP	Opening Short	23,900	5.0332  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:				03 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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