Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

14 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:			13 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:				11,940,886	1.23%	4,663,311	0.48%
(2) Cash-settled derivatives:				3,787,866	0.39%	10,616,719	1.09%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,728,752	1.61%	15,280,030	1.57%
(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	813775	5.0694  GBP	4.9774  GBP
10p ordinary	Sale	1178299	5.0842  GBP	4.9750  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	401	4.9916  GBP
10p ordinary	CFD	Closing Short	1,154	5.0024  GBP
10p ordinary	CFD	Closing Short	3,335	5.0566  GBP
10p ordinary	CFD	Closing Short	5,354	5.0420  GBP
10p ordinary	SWAP	Closing Short	9,056	5.0020  GBP
10p ordinary	SWAP	Closing Short	10,967	5.0017  GBP
10p ordinary	SWAP	Decreasing Long	8,582	5.0223  GBP
10p ordinary	SWAP	Decreasing Long	14,830	5.0210  GBP
10p ordinary	SWAP	Decreasing Short	673	5.0303  GBP
10p ordinary	SWAP	Decreasing Short	982	5.0141  GBP
10p ordinary	SWAP	Decreasing Short	1,142	4.9932  GBP
10p ordinary	SWAP	Decreasing Short	2,110	5.0062  GBP
10p ordinary	SWAP	Decreasing Short	3,075	5.0168  GBP
10p ordinary	SWAP	Decreasing Short	3,938	4.9998  GBP
10p ordinary	SWAP	Decreasing Short	6,231	5.0283  GBP
10p ordinary	SWAP	Decreasing Short	7,101	5.0096  GBP
10p ordinary	SWAP	Decreasing Short	7,298	5.0200  GBP
10p ordinary	SWAP	Decreasing Short	7,738	4.9940  GBP
10p ordinary	SWAP	Decreasing Short	10,745	4.9907  GBP
10p ordinary	SWAP	Decreasing Short	15,509	5.0035  GBP
10p ordinary	SWAP	Decreasing Short	16,422	5.0019  GBP
10p ordinary	SWAP	Decreasing Short	17,468	5.0032  GBP
10p ordinary	SWAP	Decreasing Short	21,068	4.9978  GBP
10p ordinary	SWAP	Decreasing Short	26,904	5.0070  GBP
10p ordinary	SWAP	Decreasing Short	40,320	5.0016  GBP
10p ordinary	SWAP	Decreasing Short	43,056	5.0024  GBP
10p ordinary	SWAP	Decreasing Short	115,171	5.0020  GBP
10p ordinary	SWAP	Increasing Long	1,772	4.9907  GBP
10p ordinary	SWAP	Increasing Long	4,925	4.9909  GBP
10p ordinary	SWAP	Increasing Long	83,313	5.0020  GBP
10p ordinary	SWAP	Increasing Short	464	5.0360  GBP
10p ordinary	SWAP	Increasing Short	605	5.0700  GBP
10p ordinary	SWAP	Increasing Short	609	5.0480  GBP
10p ordinary	SWAP	Increasing Short	2,925	5.0315  GBP
10p ordinary	SWAP	Increasing Short	7,295	5.0359  GBP
10p ordinary	SWAP	Increasing Short	22,100	4.9979  GBP
10p ordinary	SWAP	Increasing Short	22,851	5.0018  GBP
10p ordinary	SWAP	Increasing Short	22,904	5.0227  GBP
10p ordinary	CFD	Opening Long	282	5.0842  GBP
10p ordinary	CFD	Opening Long	1,154	5.0695  GBP
10p ordinary	CFD	Opening Long	8,361	4.9966  GBP
10p ordinary	SWAP	Opening Long	20,619	5.0372  GBP
10p ordinary	SWAP	Opening Long	43,119	5.0315  GBP
10p ordinary	CFD	Opening Long	44,116	5.0015  GBP
10p ordinary	SWAP	Opening Short	8,673	5.0055  GBP
10p ordinary	SWAP	Opening Short	14,589	5.0265  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:				14 Jun 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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