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

Barclays PLC

11 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:			10 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:				13,101,709	1.34%	4,657,808	0.48%
(2) Cash-settled derivatives:				3,712,951	0.38%	11,725,989	1.20%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,814,660	1.73%	16,383,797	1.68%
(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	694051	5.0240  GBP	4.9611  GBP
10p ordinary	Sale	1086859	5.0240  GBP	4.9620  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	169	5.0179  GBP
10p ordinary	SWAP	Closing Short	5,807	5.0101  GBP
10p ordinary	SWAP	Closing Short	23,575	5.0180  GBP
10p ordinary	SWAP	Closing Short	34,691	5.0133  GBP
10p ordinary	SWAP	Decreasing Long	85	5.0104  GBP
10p ordinary	CFD	Decreasing Long	556	4.9746  GBP
10p ordinary	CFD	Decreasing Long	1,639	5.0179  GBP
10p ordinary	CFD	Decreasing Long	2,035	5.0017  GBP
10p ordinary	CFD	Decreasing Long	2,430	5.0184  GBP
10p ordinary	CFD	Decreasing Long	17,330	4.9971  GBP
10p ordinary	CFD	Decreasing Long	38,541	5.0030  GBP
10p ordinary	CFD	Decreasing Long	171,588	5.0199  GBP
10p ordinary	SWAP	Decreasing Long	342,513	5.0100  GBP
10p ordinary	SWAP	Decreasing Short	32	4.9840  GBP
10p ordinary	SWAP	Decreasing Short	408	4.9791  GBP
10p ordinary	SWAP	Decreasing Short	665	5.0054  GBP
10p ordinary	SWAP	Decreasing Short	1,291	4.9958  GBP
10p ordinary	SWAP	Decreasing Short	1,423	5.0059  GBP
10p ordinary	SWAP	Decreasing Short	2,338	5.0058  GBP
10p ordinary	SWAP	Decreasing Short	2,881	5.0065  GBP
10p ordinary	SWAP	Decreasing Short	2,990	5.0004  GBP
10p ordinary	SWAP	Decreasing Short	3,158	5.0193  GBP
10p ordinary	SWAP	Decreasing Short	3,414	5.0046  GBP
10p ordinary	SWAP	Decreasing Short	7,876	5.0081  GBP
10p ordinary	SWAP	Decreasing Short	12,028	5.0030  GBP
10p ordinary	SWAP	Decreasing Short	12,099	5.0072  GBP
10p ordinary	SWAP	Decreasing Short	15,961	5.0159  GBP
10p ordinary	SWAP	Decreasing Short	19,196	5.0026  GBP
10p ordinary	SWAP	Decreasing Short	19,339	5.0116  GBP
10p ordinary	SWAP	Decreasing Short	25,059	5.0158  GBP
10p ordinary	SWAP	Decreasing Short	28,105	5.0179  GBP
10p ordinary	SWAP	Decreasing Short	51,644	5.0025  GBP
10p ordinary	SWAP	Decreasing Short	54,557	5.0160  GBP
10p ordinary	SWAP	Decreasing Short	73,673	5.0180  GBP
10p ordinary	SWAP	Decreasing Short	75,600	5.0176  GBP
10p ordinary	SWAP	Decreasing Short	216,000	5.0107  GBP
10p ordinary	CFD	Increasing Long	183	4.9916  GBP
10p ordinary	CFD	Increasing Long	781	5.0099  GBP
10p ordinary	CFD	Increasing Long	1,203	4.9766  GBP
10p ordinary	CFD	Increasing Long	2,195	4.9691  GBP
10p ordinary	CFD	Increasing Long	2,430	4.9706  GBP
10p ordinary	SWAP	Increasing Long	342,513	5.0100  GBP
10p ordinary	SWAP	Increasing Short	35	4.9722  GBP
10p ordinary	SWAP	Increasing Short	64	4.9840  GBP
10p ordinary	SWAP	Increasing Short	111	4.9760  GBP
10p ordinary	SWAP	Increasing Short	169	4.9660  GBP
10p ordinary	SWAP	Increasing Short	521	5.0166  GBP
10p ordinary	SWAP	Increasing Short	533	4.9860  GBP
10p ordinary	SWAP	Increasing Short	665	5.0060  GBP
10p ordinary	SWAP	Increasing Short	1,718	4.9768  GBP
10p ordinary	SWAP	Increasing Short	1,960	4.9845  GBP
10p ordinary	SWAP	Increasing Short	3,679	5.0183  GBP
10p ordinary	SWAP	Increasing Short	9,110	5.0090  GBP
10p ordinary	SWAP	Increasing Short	19,021	5.0151  GBP
10p ordinary	SWAP	Increasing Short	22,281	5.0171  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:				11 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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