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

Barclays PLC

23 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:			22 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:				10,769,389	1.11%	5,197,401	0.53%
(2) Cash-settled derivatives:				4,179,335	0.43%	9,368,501	0.96%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,948,724	1.53%	14,565,902	1.49%
(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	1665213	4.9900  GBP	4.9571  GBP
10p ordinary	Sale	847759	5.0057  GBP	4.9590  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	20,169	4.9682  GBP
10p ordinary	SWAP	Decreasing Long	27,742	4.9620  GBP
10p ordinary	SWAP	Decreasing Long	4,025	4.9657  GBP
10p ordinary	SWAP	Decreasing Long	7,519	4.9677  GBP
10p ordinary	SWAP	Decreasing Long	4,686	4.9682  GBP
10p ordinary	SWAP	Decreasing Long	169	4.9699  GBP
10p ordinary	SWAP	Decreasing Long	246	4.9700  GBP
10p ordinary	SWAP	Decreasing Long	380	4.9728  GBP
10p ordinary	SWAP	Decreasing Long	279	4.9734  GBP
10p ordinary	SWAP	Decreasing Long	562,200	4.9870  GBP
10p ordinary	SWAP	Decreasing Short	100	4.9839  GBP
10p ordinary	CFD	Decreasing Short	17,799	4.9688  GBP
10p ordinary	CFD	Decreasing Short	3,877	4.9707  GBP
10p ordinary	CFD	Decreasing Short	14,238	4.9991  GBP
10p ordinary	CFD	Increasing Short	14,086	4.9619  GBP
10p ordinary	CFD	Increasing Short	1,756	4.9782  GBP
10p ordinary	CFD	Increasing Short	152	4.9842  GBP
10p ordinary	SWAP	Decreasing Short	3,386	4.9775  GBP
10p ordinary	SWAP	Decreasing Short	302	5.0018  GBP
10p ordinary	SWAP	Opening Long	209	4.9710  GBP
10p ordinary	SWAP	Opening Short	3,489	4.9622  GBP
10p ordinary	SWAP	Decreasing Short	12,600	4.9688  GBP
10p ordinary	SWAP	Increasing Long	10	4.9620  GBP
10p ordinary	SWAP	Decreasing Long	545	4.9571  GBP
10p ordinary	SWAP	Decreasing Long	96	4.9620  GBP
10p ordinary	SWAP	Decreasing Long	23,611	4.9624  GBP
10p ordinary	SWAP	Decreasing Long	318	4.9663  GBP
10p ordinary	SWAP	Decreasing Long	1,859	4.9665  GBP
10p ordinary	SWAP	Decreasing Long	2,953	4.9770  GBP
10p ordinary	SWAP	Decreasing Short	491	4.9768  GBP
10p ordinary	SWAP	Decreasing Short	215	4.9810  GBP
10p ordinary	SWAP	Decreasing Short	10,737	4.9873  GBP
10p ordinary	SWAP	Decreasing Short	196	4.9920  GBP
10p ordinary	SWAP	Increasing Short	80,442	4.9620  GBP
10p ordinary	SWAP	Increasing Short	43,774	4.9621  GBP
10p ordinary	SWAP	Increasing Short	2,669	4.9722  GBP
10p ordinary	SWAP	Increasing Short	22,582	4.9797  GBP
10p ordinary	SWAP	Decreasing Short	471	4.9640  GBP
10p ordinary	SWAP	Decreasing Short	1,756	4.9649  GBP
10p ordinary	SWAP	Decreasing Short	635	4.9659  GBP
10p ordinary	SWAP	Decreasing Short	867	4.9660  GBP
10p ordinary	SWAP	Decreasing Short	30	4.9662  GBP
10p ordinary	SWAP	Decreasing Short	507	4.9663  GBP
10p ordinary	SWAP	Decreasing Short	1	4.9669  GBP
10p ordinary	SWAP	Decreasing Short	2,929	4.9709  GBP
10p ordinary	SWAP	Increasing Short	81,802	4.9620  GBP
10p ordinary	SWAP	Increasing Short	10,689	4.9703  GBP
10p ordinary	SWAP	Increasing Short	47	4.9740  GBP
10p ordinary	SWAP	Increasing Short	358	4.9749  GBP
10p ordinary	SWAP	Increasing Short	1,314	4.9799  GBP
10p ordinary	SWAP	Increasing Short	293	4.9810  GBP
10p ordinary	SWAP	Increasing Short	1,459	4.9855  GBP
10p ordinary	SWAP	Increasing Short	189	5.0060  GBP
10p ordinary	SWAP	Decreasing Short	626	4.9786  GBP
10p ordinary	SWAP	Decreasing Short	20,160	4.9616  GBP
10p ordinary	SWAP	Decreasing Short	797	4.9620  GBP
10p ordinary	SWAP	Decreasing Short	8,620	4.9700  GBP
10p ordinary	SWAP	Increasing Short	40,291	4.9620  GBP
10p ordinary	SWAP	Increasing Short	970	4.9754  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:				23 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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