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

Barclays PLC

16 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:			15 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:				10,626,473	1.09%	6,162,284	0.63%
(2) Cash-settled derivatives:				5,187,724	0.53%	9,269,506	0.95%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,814,197	1.62%	15,431,790	1.58%
(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	610962	5.0018  GBP	4.9240  GBP
10p ordinary	Sale	457382	5.0024  GBP	4.9180  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	Opening Long	22,145	4.9584  GBP
10p ordinary	SWAP	Decreasing Long	4,820	4.9297  GBP
10p ordinary	SWAP	Decreasing Long	1,523	4.9360  GBP
10p ordinary	SWAP	Decreasing Long	20,966	4.9432  GBP
10p ordinary	SWAP	Decreasing Long	35,402	4.9596  GBP
10p ordinary	SWAP	Decreasing Long	447	4.9599  GBP
10p ordinary	SWAP	Decreasing Long	2,369	4.9657  GBP
10p ordinary	SWAP	Decreasing Long	36,458	4.9680  GBP
10p ordinary	SWAP	Decreasing Long	471	4.9695  GBP
10p ordinary	CFD	Decreasing Short	15,960	4.9574  GBP
10p ordinary	CFD	Decreasing Short	25,903	4.9676  GBP
10p ordinary	CFD	Increasing Short	7,455	4.9661  GBP
10p ordinary	CFD	Increasing Short	8,306	4.9680  GBP
10p ordinary	CFD	Increasing Short	7,654	4.9782  GBP
10p ordinary	SWAP	Decreasing Short	500	4.9759  GBP
10p ordinary	SWAP	Increasing Short	1,917	4.9554  GBP
10p ordinary	SWAP	Closing Short	1	4.9100  GBP
10p ordinary	SWAP	Opening Long	1	4.9680  GBP
10p ordinary	SWAP	Closing Long	1	4.9700  GBP
10p ordinary	SWAP	Decreasing Short	1,600	4.9242  GBP
10p ordinary	SWAP	Opening Long	51,344	4.9646  GBP
10p ordinary	SWAP	Decreasing Long	32,742	4.9680  GBP
10p ordinary	SWAP	Closing Long	10,988	4.9711  GBP
10p ordinary	SWAP	Increasing Long	337	4.9306  GBP
10p ordinary	SWAP	Increasing Long	241	4.9308  GBP
10p ordinary	SWAP	Increasing Long	4,076	4.9419  GBP
10p ordinary	SWAP	Increasing Long	722	4.9765  GBP
10p ordinary	SWAP	Decreasing Long	909	4.9406  GBP
10p ordinary	SWAP	Decreasing Long	9,691	4.9667  GBP
10p ordinary	SWAP	Decreasing Short	415	4.9430  GBP
10p ordinary	SWAP	Decreasing Short	89,251	4.9483  GBP
10p ordinary	SWAP	Decreasing Short	4,752	4.9504  GBP
10p ordinary	SWAP	Decreasing Short	568	4.9694  GBP
10p ordinary	SWAP	Decreasing Short	6,014	4.9773  GBP
10p ordinary	SWAP	Increasing Short	7,308	4.9373  GBP
10p ordinary	SWAP	Increasing Short	1,839	4.9405  GBP
10p ordinary	SWAP	Increasing Short	29,703	4.9411  GBP
10p ordinary	SWAP	Increasing Short	22,650	4.9679  GBP
10p ordinary	SWAP	Increasing Short	23,924	4.9680  GBP
10p ordinary	SWAP	Increasing Short	2,140	4.9768  GBP
10p ordinary	SWAP	Increasing Short	32,942	4.9780  GBP
10p ordinary	SWAP	Decreasing Short	1,610	4.9679  GBP
10p ordinary	SWAP	Decreasing Short	55	4.9689  GBP
10p ordinary	SWAP	Decreasing Short	29	4.9696  GBP
10p ordinary	SWAP	Decreasing Short	4,147	4.9777  GBP
10p ordinary	SWAP	Increasing Short	186	4.9300  GBP
10p ordinary	SWAP	Increasing Short	1,318	4.9423  GBP
10p ordinary	SWAP	Increasing Short	5,330	4.9443  GBP
10p ordinary	SWAP	Increasing Short	2,175	4.9466  GBP
10p ordinary	SWAP	Increasing Short	38,695	4.9490  GBP
10p ordinary	SWAP	Increasing Short	7,429	4.9523  GBP
10p ordinary	SWAP	Increasing Short	4,897	4.9525  GBP
10p ordinary	SWAP	Increasing Short	10,474	4.9533  GBP
10p ordinary	SWAP	Increasing Short	2,166	4.9549  GBP
10p ordinary	SWAP	Increasing Short	1,835	4.9552  GBP
10p ordinary	SWAP	Increasing Short	19,531	4.9680  GBP
10p ordinary	SWAP	Decreasing Short	156	4.9340  GBP
10p ordinary	SWAP	Increasing Short	312	4.9340  GBP
10p ordinary	SWAP	Decreasing Short	28,488	4.9664  GBP
10p ordinary	SWAP	Increasing Short	565	4.9400  GBP
10p ordinary	SWAP	Increasing Short	16,961	4.9680  GBP
10p ordinary	SWAP	Increasing Short	3,098	4.9709  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:				16 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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