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

Barclays PLC

07 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:			06 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:				13,639,215	1.40%	4,850,681	0.50%
(2) Cash-settled derivatives:				3,919,527	0.40%	12,275,737	1.26%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,558,742	1.80%	17,126,418	1.76%
(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	584813	5.1180  GBP	5.0740  GBP
10p ordinary	Sale	299653	5.1180  GBP	5.0740  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	Closing Short	1	5.1000  GBP
10p ordinary	SWAP	Closing Short	441	5.1038  GBP
10p ordinary	SWAP	Closing Short	9,364	5.0957  GBP
10p ordinary	SWAP	Closing Short	9,797	5.0960  GBP
10p ordinary	CFD	Decreasing Long	998	5.1021  GBP
10p ordinary	CFD	Decreasing Long	5,022	5.0959  GBP
10p ordinary	CFD	Decreasing Long	6,027	5.0804  GBP
10p ordinary	CFD	Decreasing Long	115,351	5.1019  GBP
10p ordinary	SWAP	Decreasing Short	560	5.1001  GBP
10p ordinary	SWAP	Decreasing Short	678	5.0977  GBP
10p ordinary	SWAP	Decreasing Short	696	5.0940  GBP
10p ordinary	SWAP	Decreasing Short	894	5.0850  GBP
10p ordinary	SWAP	Decreasing Short	1,980	5.0918  GBP
10p ordinary	SWAP	Decreasing Short	2,082	5.0934  GBP
10p ordinary	SWAP	Decreasing Short	2,373	5.1016  GBP
10p ordinary	SWAP	Decreasing Short	2,723	5.0960  GBP
10p ordinary	SWAP	Decreasing Short	3,082	5.0959  GBP
10p ordinary	SWAP	Decreasing Short	6,832	5.0931  GBP
10p ordinary	SWAP	Decreasing Short	19,268	5.0948  GBP
10p ordinary	SWAP	Decreasing Short	71,621	5.0955  GBP
10p ordinary	CFD	Increasing Long	856	5.0955  GBP
10p ordinary	CFD	Increasing Long	6,020	5.0934  GBP
10p ordinary	CFD	Increasing Long	17,424	5.0974  GBP
10p ordinary	CFD	Increasing Long	22,886	5.0973  GBP
10p ordinary	CFD	Increasing Long	115,351	5.1019  GBP
10p ordinary	SWAP	Increasing Short	2	5.1100  GBP
10p ordinary	SWAP	Increasing Short	357	5.0820  GBP
10p ordinary	SWAP	Increasing Short	476	5.1020  GBP
10p ordinary	SWAP	Increasing Short	870	5.0854  GBP
10p ordinary	SWAP	Increasing Short	995	5.0982  GBP
10p ordinary	SWAP	Increasing Short	1,930	5.0876  GBP
10p ordinary	SWAP	Increasing Short	2,893	5.0883  GBP
10p ordinary	SWAP	Increasing Short	3,030	5.0935  GBP
10p ordinary	SWAP	Increasing Short	4,067	5.0944  GBP
10p ordinary	SWAP	Increasing Short	6,032	5.0875  GBP
10p ordinary	SWAP	Increasing Short	7,616	5.0934  GBP
10p ordinary	SWAP	Increasing Short	10,103	5.0976  GBP
10p ordinary	SWAP	Increasing Short	10,511	5.0946  GBP
10p ordinary	SWAP	Increasing Short	13,097	5.0913  GBP
10p ordinary	SWAP	Increasing Short	13,926	5.0895  GBP
10p ordinary	SWAP	Increasing Short	23,210	5.0940  GBP
10p ordinary	SWAP	Increasing Short	26,689	5.0792  GBP
10p ordinary	SWAP	Increasing Short	28,403	5.0963  GBP
10p ordinary	SWAP	Increasing Short	44,307	5.0960  GBP
10p ordinary	SWAP	Increasing Short	72,703	5.0959  GBP
10p ordinary	SWAP	Increasing Short	93,083	5.0960  GBP
10p ordinary	SWAP	Opening Short	225	5.0860  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:				07 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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