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

Barclays PLC

05 July 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 Jul 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:				11,424,606	1.17%	6,668,176	0.68%
(2) Cash-settled derivatives:				5,608,970	0.58%	10,048,770	1.03%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,033,576	1.75%	16,716,946	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	1040804	4.9460  GBP	4.9045  GBP
10p ordinary	Sale	957141	4.9460  GBP	4.9070  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 Short	66	4.8999  GBP
10p ordinary	CFD	Decreasing Short	24,387	4.9169  GBP
10p ordinary	CFD	Increasing Short	8,432	4.9108  GBP
10p ordinary	CFD	Increasing Short	15,955	4.9200  GBP
10p ordinary	SWAP	Increasing Short	3,466	4.9278  GBP
10p ordinary	SWAP	Opening Short	45	4.9280  GBP
10p ordinary	SWAP	Closing Short	93	4.9200  GBP
10p ordinary	SWAP	Decreasing Long	2	4.9043  GBP
10p ordinary	SWAP	Decreasing Long	479	4.9119  GBP
10p ordinary	SWAP	Decreasing Long	729	4.9204  GBP
10p ordinary	SWAP	Decreasing Long	8,401	4.9207  GBP
10p ordinary	SWAP	Decreasing Long	13,985	4.9226  GBP
10p ordinary	SWAP	Decreasing Long	327	4.9233  GBP
10p ordinary	SWAP	Decreasing Short	6,395	4.9163  GBP
10p ordinary	SWAP	Decreasing Short	13,699	4.9197  GBP
10p ordinary	SWAP	Decreasing Short	2,024	4.9211  GBP
10p ordinary	SWAP	Decreasing Short	1,240	4.9280  GBP
10p ordinary	SWAP	Decreasing Short	385	4.9320  GBP
10p ordinary	SWAP	Increasing Short	98,378	4.9199  GBP
10p ordinary	SWAP	Increasing Short	228	4.9200  GBP
10p ordinary	SWAP	Increasing Short	2,093	4.9218  GBP
10p ordinary	SWAP	Increasing Short	1,917	4.9233  GBP
10p ordinary	SWAP	Increasing Short	1,328	4.9235  GBP
10p ordinary	SWAP	Increasing Short	1,714	4.9301  GBP
10p ordinary	SWAP	Decreasing Short	14	4.9132  GBP
10p ordinary	SWAP	Decreasing Short	822	4.9199  GBP
10p ordinary	SWAP	Decreasing Short	739	4.9200  GBP
10p ordinary	SWAP	Decreasing Short	15,701	4.9245  GBP
10p ordinary	SWAP	Decreasing Short	1,247	4.9253  GBP
10p ordinary	SWAP	Decreasing Short	15,645	4.9268  GBP
10p ordinary	SWAP	Decreasing Short	2,071	4.9282  GBP
10p ordinary	SWAP	Decreasing Short	2,150	4.9296  GBP
10p ordinary	SWAP	Decreasing Short	908	4.9307  GBP
10p ordinary	SWAP	Decreasing Short	3,707	4.9351  GBP
10p ordinary	SWAP	Increasing Short	315	4.9262  GBP
10p ordinary	SWAP	Increasing Long	143	4.9105  GBP
10p ordinary	SWAP	Increasing Long	10	4.9175  GBP
10p ordinary	SWAP	Increasing Long	1,107	4.9198  GBP
10p ordinary	SWAP	Increasing Long	7,262	4.9199  GBP
10p ordinary	SWAP	Increasing Long	4,409	4.9220  GBP
10p ordinary	SWAP	Increasing Long	305	4.9224  GBP
10p ordinary	SWAP	Increasing Long	356	4.9247  GBP
10p ordinary	SWAP	Increasing Long	249	4.9284  GBP
10p ordinary	SWAP	Increasing Long	170	4.9308  GBP
10p ordinary	SWAP	Increasing Short	70,128	4.9200  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 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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