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

Barclays PLC

08 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:			05 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:				11,158,493	1.14%	6,617,651	0.68%
(2) Cash-settled derivatives:				5,665,983	0.58%	9,875,821	1.01%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,824,476	1.73%	16,493,472	1.69%
(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	1668931	5.1040  GBP	4.9880  GBP
10p ordinary	Sale	1884519	5.1069  GBP	4.9977  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	Increasing Long	347	5.0202  GBP
10p ordinary	SWAP	Increasing Long	6	5.0374  GBP
10p ordinary	SWAP	Increasing Long	1,455	5.0403  GBP
10p ordinary	SWAP	Increasing Long	2,261	5.0405  GBP
10p ordinary	SWAP	Increasing Long	14,494	5.0441  GBP
10p ordinary	SWAP	Increasing Long	535	5.0468  GBP
10p ordinary	SWAP	Increasing Long	3,080	5.0635  GBP
10p ordinary	SWAP	Increasing Long	1,171	5.0691  GBP
10p ordinary	SWAP	Increasing Long	2,711	5.0861  GBP
10p ordinary	SWAP	Increasing Long	1,817	5.0876  GBP
10p ordinary	CFD	Decreasing Short	5,404	5.0376  GBP
10p ordinary	CFD	Decreasing Short	77,973	5.0481  GBP
10p ordinary	CFD	Opening Long	17,001	5.0871  GBP
10p ordinary	CFD	Opening Short	39,126	5.0400  GBP
10p ordinary	CFD	Increasing Short	78,038	5.0404  GBP
10p ordinary	CFD	Increasing Short	38,847	5.0582  GBP
10p ordinary	SWAP	Increasing Short	6,832	5.0611  GBP
10p ordinary	SWAP	Increasing Short	5	5.0940  GBP
10p ordinary	SWAP	Decreasing Short	155,176	5.0727  GBP
10p ordinary	SWAP	Decreasing Short	1,498	5.1034  GBP
10p ordinary	SWAP	Increasing Long	279	5.0637  GBP
10p ordinary	SWAP	Increasing Long	756	5.0677  GBP
10p ordinary	SWAP	Increasing Long	82	5.0685  GBP
10p ordinary	SWAP	Increasing Long	588	5.0700  GBP
10p ordinary	SWAP	Increasing Long	770	5.0736  GBP
10p ordinary	SWAP	Increasing Long	1,989	5.0737  GBP
10p ordinary	SWAP	Increasing Long	1	5.0771  GBP
10p ordinary	SWAP	Increasing Long	728	5.0777  GBP
10p ordinary	SWAP	Increasing Long	704	5.0797  GBP
10p ordinary	SWAP	Increasing Long	352	5.0826  GBP
10p ordinary	SWAP	Increasing Long	330	5.0856  GBP
10p ordinary	SWAP	Increasing Long	456	5.0869  GBP
10p ordinary	SWAP	Increasing Long	17,304	5.0870  GBP
10p ordinary	SWAP	Increasing Long	1,453	5.0901  GBP
10p ordinary	SWAP	Decreasing Long	2,259	5.0431  GBP
10p ordinary	SWAP	Decreasing Long	12,620	5.0441  GBP
10p ordinary	SWAP	Decreasing Short	21	4.9550  GBP
10p ordinary	SWAP	Decreasing Short	96	5.0240  GBP
10p ordinary	SWAP	Decreasing Short	762	5.0292  GBP
10p ordinary	SWAP	Decreasing Short	7,442	5.0419  GBP
10p ordinary	SWAP	Decreasing Short	104,249	5.0664  GBP
10p ordinary	SWAP	Decreasing Short	2,522	5.0704  GBP
10p ordinary	SWAP	Decreasing Short	1,111	5.0889  GBP
10p ordinary	SWAP	Increasing Short	121,439	5.0400  GBP
10p ordinary	SWAP	Increasing Short	1,442	5.0401  GBP
10p ordinary	SWAP	Increasing Short	51,711	5.0441  GBP
10p ordinary	SWAP	Increasing Short	1,986	5.0637  GBP
10p ordinary	SWAP	Increasing Short	39,729	5.0719  GBP
10p ordinary	SWAP	Increasing Short	467	5.0843  GBP
10p ordinary	SWAP	Decreasing Short	134,595	5.0399  GBP
10p ordinary	SWAP	Decreasing Short	2,096	5.0726  GBP
10p ordinary	SWAP	Decreasing Short	4,357	5.0729  GBP
10p ordinary	SWAP	Decreasing Short	2,222	5.0749  GBP
10p ordinary	SWAP	Decreasing Short	5,410	5.0794  GBP
10p ordinary	SWAP	Decreasing Short	39,296	5.0795  GBP
10p ordinary	SWAP	Decreasing Short	103	5.0799  GBP
10p ordinary	SWAP	Decreasing Short	3,256	5.0822  GBP
10p ordinary	SWAP	Decreasing Short	1,614	5.0846  GBP
10p ordinary	SWAP	Decreasing Short	663	5.0873  GBP
10p ordinary	SWAP	Increasing Short	6,374	5.0534  GBP
10p ordinary	SWAP	Increasing Short	3,533	5.0605  GBP
10p ordinary	SWAP	Increasing Short	2,886	5.0761  GBP
10p ordinary	SWAP	Increasing Short	4,479	5.0823  GBP
10p ordinary	SWAP	Increasing Short	3,643	5.0856  GBP
10p ordinary	SWAP	Increasing Short	1,302	5.0859  GBP
10p ordinary	SWAP	Increasing Short	6,800	5.0868  GBP
10p ordinary	SWAP	Increasing Short	1,600	5.0902  GBP
10p ordinary	SWAP	Increasing Short	1,968	5.0968  GBP
10p ordinary	SWAP	Increasing Long	227	5.0201  GBP
10p ordinary	SWAP	Increasing Long	4	5.0374  GBP
10p ordinary	SWAP	Increasing Long	951	5.0403  GBP
10p ordinary	SWAP	Increasing Long	1,478	5.0405  GBP
10p ordinary	SWAP	Increasing Long	9,475	5.0441  GBP
10p ordinary	SWAP	Increasing Long	350	5.0468  GBP
10p ordinary	SWAP	Increasing Long	2,012	5.0635  GBP
10p ordinary	SWAP	Increasing Long	766	5.0691  GBP
10p ordinary	SWAP	Increasing Long	1,772	5.0861  GBP
10p ordinary	SWAP	Increasing Long	1,188	5.0876  GBP
10p ordinary	SWAP	Decreasing Short	77,764	5.0786  GBP
10p ordinary	SWAP	Increasing Short	59,475	5.0400  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:				08 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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