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

Barclays PLC

24 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:			23 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:				10,894,430	1.12%	4,945,875	0.51%
(2) Cash-settled derivatives:				3,863,053	0.40%	9,418,190	0.97%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,757,483	1.51%	14,364,065	1.47%
(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	862446	4.9600  GBP	4.9210  GBP
10p ordinary	Sale	485879	4.9581  GBP	4.9191  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 Long	335,952	4.9600  GBP
10p ordinary	CFD	Decreasing Short	27,300	4.9368  GBP
10p ordinary	CFD	Decreasing Short	1,706	4.9480  GBP
10p ordinary	CFD	Opening Long	43,488	4.9555  GBP
10p ordinary	CFD	Increasing Long	29,263	4.9556  GBP
10p ordinary	CFD	Decreasing Long	3,950	4.9202  GBP
10p ordinary	CFD	Decreasing Long	4,657	4.9274  GBP
10p ordinary	CFD	Decreasing Long	4,327	4.9299  GBP
10p ordinary	CFD	Decreasing Long	11,310	4.9470  GBP
10p ordinary	CFD	Opening Short	63,185	4.9560  GBP
10p ordinary	SWAP	Decreasing Short	2,997	4.9368  GBP
10p ordinary	SWAP	Decreasing Short	730	4.9369  GBP
10p ordinary	SWAP	Decreasing Short	869	4.9373  GBP
10p ordinary	SWAP	Opening Long	5,582	4.9557  GBP
10p ordinary	SWAP	Decreasing Long	8	4.9375  GBP
10p ordinary	SWAP	Closing Long	3,163	4.9560  GBP
10p ordinary	SWAP	Decreasing Short	9,200	4.9222  GBP
10p ordinary	SWAP	Opening Long	4,925	4.9469  GBP
10p ordinary	SWAP	Decreasing Long	33	4.9348  GBP
10p ordinary	SWAP	Opening Short	47,875	4.9499  GBP
10p ordinary	SWAP	Increasing Long	420	4.9191  GBP
10p ordinary	SWAP	Increasing Long	1,724	4.9266  GBP
10p ordinary	SWAP	Increasing Long	2,093	4.9370  GBP
10p ordinary	SWAP	Increasing Long	15,481	4.9486  GBP
10p ordinary	SWAP	Decreasing Long	47	4.9313  GBP
10p ordinary	SWAP	Decreasing Long	1	4.9533  GBP
10p ordinary	SWAP	Decreasing Short	256	4.9260  GBP
10p ordinary	SWAP	Decreasing Short	8,616	4.9552  GBP
10p ordinary	SWAP	Decreasing Short	24,525	4.9560  GBP
10p ordinary	SWAP	Decreasing Short	5,337	4.9567  GBP
10p ordinary	SWAP	Increasing Short	21,789	4.9313  GBP
10p ordinary	SWAP	Increasing Short	17,105	4.9324  GBP
10p ordinary	SWAP	Increasing Short	542	4.9340  GBP
10p ordinary	SWAP	Increasing Short	1,263	4.9484  GBP
10p ordinary	SWAP	Increasing Short	16,054	4.9560  GBP
10p ordinary	SWAP	Decreasing Short	118	4.9189  GBP
10p ordinary	SWAP	Decreasing Short	1,888	4.9226  GBP
10p ordinary	SWAP	Decreasing Short	4,185	4.9363  GBP
10p ordinary	SWAP	Decreasing Short	2,492	4.9405  GBP
10p ordinary	SWAP	Decreasing Short	1,855	4.9424  GBP
10p ordinary	SWAP	Decreasing Short	244	4.9431  GBP
10p ordinary	SWAP	Decreasing Short	2,434	4.9559  GBP
10p ordinary	SWAP	Decreasing Short	4,220	4.9564  GBP
10p ordinary	SWAP	Decreasing Short	4,747	4.9574  GBP
10p ordinary	SWAP	Decreasing Short	952	4.9618  GBP
10p ordinary	SWAP	Increasing Short	1,479	4.9249  GBP
10p ordinary	SWAP	Increasing Short	8	4.9250  GBP
10p ordinary	SWAP	Increasing Short	7,116	4.9273  GBP
10p ordinary	SWAP	Increasing Short	1,339	4.9274  GBP
10p ordinary	SWAP	Increasing Short	6,498	4.9342  GBP
10p ordinary	SWAP	Decreasing Short	260	4.9372  GBP
10p ordinary	SWAP	Opening Short	3,545	4.9560  GBP
10p ordinary	SWAP	Decreasing Short	4,084	4.9560  GBP
10p ordinary	SWAP	Increasing Short	15,656	4.9323  GBP
10p ordinary	SWAP	Increasing Short	11,060	4.9367  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:				24 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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