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

Barclays PLC

13 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:			12 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:				12,216,893	1.25%	4,562,733	0.47%
(2) Cash-settled derivatives:				3,661,698	0.38%	10,887,313	1.12%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,878,591	1.63%	15,450,046	1.59%
(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	1041132	5.1030  GBP	4.9517  GBP
10p ordinary	Sale	1116403	5.1030  GBP	4.9554  GBP
ADR	Purchase	1694	13.0000  USD	13.0000  USD
ADR	Sale	1694	13.0000  USD	13.0000  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	6	4.9608  GBP
10p ordinary	SWAP	Decreasing Long	311	4.9601  GBP
10p ordinary	SWAP	Decreasing Long	497	5.0575  GBP
10p ordinary	SWAP	Decreasing Long	540	4.9598  GBP
10p ordinary	SWAP	Decreasing Long	657	5.0127  GBP
10p ordinary	SWAP	Decreasing Long	1,226	5.0254  GBP
10p ordinary	SWAP	Decreasing Long	1,798	5.0070  GBP
10p ordinary	SWAP	Decreasing Long	2,237	4.9800  GBP
10p ordinary	SWAP	Decreasing Long	4,891	5.0571  GBP
10p ordinary	SWAP	Decreasing Long	6,368	5.0125  GBP
10p ordinary	SWAP	Decreasing Long	6,874	5.0580  GBP
10p ordinary	SWAP	Decreasing Long	7,562	5.0128  GBP
10p ordinary	SWAP	Decreasing Long	8,352	4.9810  GBP
10p ordinary	SWAP	Decreasing Long	11,029	4.9946  GBP
10p ordinary	SWAP	Decreasing Long	17,464	5.0071  GBP
10p ordinary	SWAP	Decreasing Long	42,069	5.0980  GBP
10p ordinary	SWAP	Decreasing Long	220,827	4.9650  GBP
10p ordinary	CFD	Decreasing Short	33	5.1075  GBP
10p ordinary	SWAP	Decreasing Short	350	5.0722  GBP
10p ordinary	CFD	Decreasing Short	1,024	5.0876  GBP
10p ordinary	CFD	Decreasing Short	1,256	5.0922  GBP
10p ordinary	SWAP	Decreasing Short	1,288	5.0825  GBP
10p ordinary	SWAP	Decreasing Short	1,861	4.9723  GBP
10p ordinary	CFD	Decreasing Short	2,081	5.0956  GBP
10p ordinary	SWAP	Decreasing Short	2,193	4.9847  GBP
10p ordinary	SWAP	Decreasing Short	14,766	4.9870  GBP
10p ordinary	SWAP	Decreasing Short	25,718	5.0874  GBP
10p ordinary	SWAP	Decreasing Short	38,587	5.0645  GBP
10p ordinary	CFD	Decreasing Short	42,739	4.9819  GBP
10p ordinary	SWAP	Decreasing Short	129,600	5.0028  GBP
10p ordinary	SWAP	Decreasing Short	141,194	5.0425  GBP
10p ordinary	SWAP	Increasing Long	3,716	5.0688  GBP
10p ordinary	SWAP	Increasing Long	48,319	5.0532  GBP
10p ordinary	SWAP	Increasing Long	302,400	5.0028  GBP
10p ordinary	SWAP	Increasing Short	300	5.0880  GBP
10p ordinary	SWAP	Increasing Short	520	5.1033  GBP
10p ordinary	SWAP	Increasing Short	558	4.9550  GBP
10p ordinary	CFD	Increasing Short	589	4.9873  GBP
10p ordinary	SWAP	Increasing Short	1,116	4.9750  GBP
10p ordinary	SWAP	Increasing Short	1,705	4.9522  GBP
10p ordinary	SWAP	Increasing Short	5,082	5.0933  GBP
10p ordinary	SWAP	Increasing Short	5,748	5.0959  GBP
10p ordinary	SWAP	Increasing Short	5,803	5.0989  GBP
10p ordinary	SWAP	Increasing Short	8,141	5.0713  GBP
10p ordinary	SWAP	Increasing Short	8,500	5.0570  GBP
10p ordinary	CFD	Increasing Short	8,545	4.9652  GBP
10p ordinary	SWAP	Increasing Short	10,696	5.0898  GBP
10p ordinary	CFD	Increasing Short	10,722	5.0838  GBP
10p ordinary	SWAP	Increasing Short	15,340	5.0897  GBP
10p ordinary	SWAP	Increasing Short	18,117	5.0980  GBP
10p ordinary	SWAP	Increasing Short	20,284	5.0947  GBP
10p ordinary	CFD	Increasing Short	32,017	5.0980  GBP
10p ordinary	SWAP	Increasing Short	39,416	4.9765  GBP
10p ordinary	SWAP	Increasing Short	42,088	5.0980  GBP
10p ordinary	SWAP	Increasing Short	72,945	5.0974  GBP
10p ordinary	SWAP	Increasing Short	81,259	5.0204  GBP
10p ordinary	SWAP	Opening Short	157	4.9631  GBP
10p ordinary	SWAP	Opening Short	2,155	5.0982  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:				13 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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