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

Barclays PLC

05 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:			04 Jun 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:				13,279,357	1.36%	4,925,443	0.51%
(2) Cash-settled derivatives:				3,892,223	0.40%	11,853,480	1.22%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,171,580	1.76%	16,778,923	1.72%
(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	671512	5.0784  GBP	5.0242  GBP
10p ordinary	Sale	677278	5.0809  GBP	5.0080  GBP
(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	337	5.0259  GBP
10p ordinary	SWAP	Decreasing Long	464	5.0242  GBP
10p ordinary	SWAP	Decreasing Long	605	5.0262  GBP
10p ordinary	CFD	Decreasing Long	779	5.0679  GBP
10p ordinary	CFD	Decreasing Long	1,417	5.0612  GBP
10p ordinary	SWAP	Decreasing Long	1,857	5.0666  GBP
10p ordinary	SWAP	Decreasing Long	2,093	5.0699  GBP
10p ordinary	SWAP	Decreasing Long	2,102	5.0607  GBP
10p ordinary	CFD	Decreasing Long	2,307	5.0680  GBP
10p ordinary	CFD	Decreasing Long	2,861	5.0324  GBP
10p ordinary	SWAP	Decreasing Long	3,779	5.0529  GBP
10p ordinary	SWAP	Decreasing Long	11,772	5.0680  GBP
10p ordinary	SWAP	Decreasing Long	25,111	5.0665  GBP
10p ordinary	SWAP	Decreasing Short	1,011	5.0596  GBP
10p ordinary	SWAP	Decreasing Short	1,220	5.0327  GBP
10p ordinary	SWAP	Decreasing Short	1,712	5.0326  GBP
10p ordinary	SWAP	Decreasing Short	3,204	5.0320  GBP
10p ordinary	SWAP	Decreasing Short	8,512	5.0563  GBP
10p ordinary	SWAP	Decreasing Short	24,840	5.0639  GBP
10p ordinary	SWAP	Decreasing Short	29,889	5.0651  GBP
10p ordinary	SWAP	Decreasing Short	129,600	5.0399  GBP
10p ordinary	SWAP	Decreasing Short	302,400	5.0399  GBP
10p ordinary	CFD	Increasing Long	146	5.0315  GBP
10p ordinary	CFD	Increasing Long	2,861	5.0675  GBP
10p ordinary	CFD	Increasing Long	4,503	5.0419  GBP
10p ordinary	SWAP	Increasing Short	28	5.0378  GBP
10p ordinary	SWAP	Increasing Short	629	5.0480  GBP
10p ordinary	SWAP	Increasing Short	666	5.0380  GBP
10p ordinary	SWAP	Increasing Short	1,450	5.0501  GBP
10p ordinary	SWAP	Increasing Short	1,548	5.0523  GBP
10p ordinary	SWAP	Increasing Short	1,638	5.0615  GBP
10p ordinary	SWAP	Increasing Short	2,020	5.0439  GBP
10p ordinary	SWAP	Increasing Short	2,027	5.0449  GBP
10p ordinary	SWAP	Increasing Short	3,365	5.0387  GBP
10p ordinary	SWAP	Increasing Short	4,399	5.0354  GBP
10p ordinary	SWAP	Increasing Short	6,092	5.0528  GBP
10p ordinary	SWAP	Increasing Short	6,720	5.0622  GBP
10p ordinary	SWAP	Increasing Short	7,004	5.0521  GBP
10p ordinary	SWAP	Increasing Short	7,796	5.0432  GBP
10p ordinary	SWAP	Increasing Short	17,874	5.0573  GBP
10p ordinary	SWAP	Increasing Short	18,660	5.0557  GBP
10p ordinary	SWAP	Increasing Short	30,138	5.0596  GBP
10p ordinary	SWAP	Increasing Short	55,706	5.0541  GBP
10p ordinary	SWAP	Increasing Short	66,144	5.0680  GBP
10p ordinary	SWAP	Increasing Short	94,966	5.0680  GBP
10p ordinary	SWAP	Increasing Short	146,832	5.0565  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:				05 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END