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

Barclays PLC

10 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:			09 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:				11,297,419	1.16%	6,610,252	0.68%
(2) Cash-settled derivatives:				5,649,107	0.58%	9,939,749	1.02%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,946,526	1.74%	16,550,001	1.70%
(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	1434328	5.0560  GBP	4.9070  GBP
10p ordinary	Sale	1140117	5.0529  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	Increasing Short	22,579	4.9595  GBP
10p ordinary	CFD	Decreasing Short	42,683	5.0110  GBP
10p ordinary	CFD	Decreasing Short	3,088	5.0935  GBP
10p ordinary	CFD	Increasing Short	35,220	4.9120  GBP
10p ordinary	CFD	Increasing Short	589	4.9123  GBP
10p ordinary	CFD	Increasing Short	5,947	5.0043  GBP
10p ordinary	CFD	Increasing Short	7,463	5.0428  GBP
10p ordinary	SWAP	Opening Short	4	4.9325  GBP
10p ordinary	SWAP	Opening Short	1	4.9900  GBP
10p ordinary	SWAP	Decreasing Short	3,400	4.9535  GBP
10p ordinary	SWAP	Opening Long	19,900	4.9120  GBP
10p ordinary	SWAP	Increasing Long	2,550	5.0208  GBP
10p ordinary	SWAP	Increasing Long	261	5.0437  GBP
10p ordinary	SWAP	Closing Long	22,047	4.9846  GBP
10p ordinary	SWAP	Increasing Long	11,844	4.9711  GBP
10p ordinary	SWAP	Increasing Long	599	5.0239  GBP
10p ordinary	SWAP	Increasing Long	482	5.0277  GBP
10p ordinary	SWAP	Increasing Long	1,000	5.0297  GBP
10p ordinary	SWAP	Increasing Long	184	5.0304  GBP
10p ordinary	SWAP	Increasing Long	782	5.0376  GBP
10p ordinary	SWAP	Increasing Long	539	5.0407  GBP
10p ordinary	SWAP	Increasing Long	2,365	5.0435  GBP
10p ordinary	SWAP	Increasing Long	113	5.0436  GBP
10p ordinary	SWAP	Increasing Long	2,365	5.0456  GBP
10p ordinary	SWAP	Increasing Long	751	5.0457  GBP
10p ordinary	SWAP	Increasing Long	211	5.0471  GBP
10p ordinary	SWAP	Increasing Long	449	5.0475  GBP
10p ordinary	SWAP	Increasing Long	434	5.0476  GBP
10p ordinary	SWAP	Increasing Long	732	5.0496  GBP
10p ordinary	SWAP	Increasing Long	1,643	5.0497  GBP
10p ordinary	SWAP	Increasing Long	490	5.0528  GBP
10p ordinary	SWAP	Increasing Long	696	5.0529  GBP
10p ordinary	SWAP	Decreasing Long	32,100	4.9146  GBP
10p ordinary	SWAP	Decreasing Long	6,948	4.9170  GBP
10p ordinary	SWAP	Decreasing Long	2,731	4.9356  GBP
10p ordinary	SWAP	Decreasing Long	665	4.9388  GBP
10p ordinary	SWAP	Decreasing Long	215	4.9483  GBP
10p ordinary	SWAP	Decreasing Long	1,770	4.9501  GBP
10p ordinary	SWAP	Decreasing Long	1,782	4.9537  GBP
10p ordinary	SWAP	Decreasing Short	18,744	4.9343  GBP
10p ordinary	SWAP	Decreasing Short	2,167	4.9912  GBP
10p ordinary	SWAP	Decreasing Short	19,092	5.0092  GBP
10p ordinary	SWAP	Decreasing Short	12,199	5.0196  GBP
10p ordinary	SWAP	Decreasing Short	3,084	5.0213  GBP
10p ordinary	SWAP	Decreasing Short	686	5.0400  GBP
10p ordinary	SWAP	Decreasing Short	197	5.0940  GBP
10p ordinary	SWAP	Increasing Short	17,875	4.9120  GBP
10p ordinary	SWAP	Increasing Short	22,857	4.9397  GBP
10p ordinary	SWAP	Increasing Short	39,997	4.9767  GBP
10p ordinary	SWAP	Increasing Short	3,194	5.0040  GBP
10p ordinary	SWAP	Increasing Short	1,918	5.0316  GBP
10p ordinary	SWAP	Increasing Short	345	5.0520  GBP
10p ordinary	SWAP	Decreasing Short	17,060	4.9119  GBP
10p ordinary	SWAP	Decreasing Short	1,708	4.9425  GBP
10p ordinary	SWAP	Decreasing Short	6,748	4.9699  GBP
10p ordinary	SWAP	Decreasing Short	83	4.9729  GBP
10p ordinary	SWAP	Decreasing Short	4,873	4.9830  GBP
10p ordinary	SWAP	Decreasing Short	19,950	4.9879  GBP
10p ordinary	SWAP	Decreasing Short	2,987	5.0382  GBP
10p ordinary	SWAP	Decreasing Short	1,097	5.0405  GBP
10p ordinary	SWAP	Decreasing Short	3,530	5.0408  GBP
10p ordinary	SWAP	Decreasing Short	1,764	5.0419  GBP
10p ordinary	SWAP	Increasing Short	5,059	4.9247  GBP
10p ordinary	SWAP	Increasing Short	735	4.9273  GBP
10p ordinary	SWAP	Increasing Short	2,741	4.9284  GBP
10p ordinary	SWAP	Increasing Short	1,472	4.9296  GBP
10p ordinary	SWAP	Increasing Short	1,083	4.9464  GBP
10p ordinary	SWAP	Decreasing Short	360	5.0380  GBP
10p ordinary	SWAP	Decreasing Short	196	5.0420  GBP
10p ordinary	SWAP	Increasing Short	13,899	4.9120  GBP
10p ordinary	SWAP	Increasing Short	20,751	4.9485  GBP
10p ordinary	SWAP	Increasing Short	20,394	4.9501  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:				10 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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