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

Barclays PLC

25 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:			24 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:				10,546,960	1.08%	4,939,396	0.51%
(2) Cash-settled derivatives:				3,926,764	0.40%	9,188,792	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,473,724	1.49%	14,128,188	1.45%
(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	955844	5.0700  GBP	4.9460  GBP
10p ordinary	Sale	1296835	5.0726  GBP	4.9482  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	1,100	4.9943  GBP
10p ordinary	SWAP	Decreasing Short	100	4.9940  GBP
10p ordinary	CFD	Decreasing Short	8,924	4.9633  GBP
10p ordinary	CFD	Decreasing Short	67	5.0091  GBP
10p ordinary	CFD	Decreasing Short	4,832	5.0171  GBP
10p ordinary	CFD	Decreasing Short	404	5.0237  GBP
10p ordinary	CFD	Decreasing Short	418	5.0336  GBP
10p ordinary	CFD	Decreasing Short	10,000	5.0655  GBP
10p ordinary	CFD	Opening Long	56,898	5.0660  GBP
10p ordinary	CFD	Decreasing Long	12,412	4.9842  GBP
10p ordinary	CFD	Decreasing Long	8,302	4.9885  GBP
10p ordinary	CFD	Decreasing Long	18,627	5.0273  GBP
10p ordinary	SWAP	Decreasing Short	2,696	4.9698  GBP
10p ordinary	SWAP	Decreasing Short	77	5.0040  GBP
10p ordinary	SWAP	Opening Long	47,442	5.0361  GBP
10p ordinary	SWAP	Increasing Long	5,869	5.0660  GBP
10p ordinary	SWAP	Decreasing Long	8	4.9500  GBP
10p ordinary	SWAP	Closing Long	10,397	5.0331  GBP
10p ordinary	SWAP	Increasing Long	1,490	5.0066  GBP
10p ordinary	SWAP	Increasing Long	1,190	5.0216  GBP
10p ordinary	SWAP	Increasing Long	680	5.0257  GBP
10p ordinary	SWAP	Increasing Long	508	5.0283  GBP
10p ordinary	SWAP	Increasing Long	900	5.0337  GBP
10p ordinary	SWAP	Increasing Long	736	5.0356  GBP
10p ordinary	SWAP	Increasing Long	704	5.0428  GBP
10p ordinary	SWAP	Increasing Long	616	5.0457  GBP
10p ordinary	SWAP	Increasing Long	44,538	5.0620  GBP
10p ordinary	SWAP	Decreasing Long	10	5.0662  GBP
10p ordinary	SWAP	Decreasing Short	31,250	4.9560  GBP
10p ordinary	SWAP	Decreasing Short	895	4.9702  GBP
10p ordinary	SWAP	Decreasing Short	2,121	4.9714  GBP
10p ordinary	SWAP	Decreasing Short	83,195	5.0089  GBP
10p ordinary	SWAP	Decreasing Short	40,569	5.0640  GBP
10p ordinary	SWAP	Increasing Short	452	4.9460  GBP
10p ordinary	SWAP	Increasing Short	3,768	4.9850  GBP
10p ordinary	SWAP	Increasing Short	17,175	5.0019  GBP
10p ordinary	SWAP	Increasing Short	32,042	5.0660  GBP
10p ordinary	SWAP	Decreasing Short	1,322	5.0039  GBP
10p ordinary	SWAP	Decreasing Short	569	5.0040  GBP
10p ordinary	SWAP	Decreasing Short	7,802	5.0056  GBP
10p ordinary	SWAP	Decreasing Short	1,000	5.0059  GBP
10p ordinary	SWAP	Decreasing Short	51,283	5.0236  GBP
10p ordinary	SWAP	Decreasing Short	20	5.0319  GBP
10p ordinary	SWAP	Decreasing Short	144	5.0361  GBP
10p ordinary	SWAP	Increasing Short	9,810	5.0193  GBP
10p ordinary	SWAP	Increasing Short	1,947	5.0253  GBP
10p ordinary	SWAP	Increasing Short	24,722	5.0264  GBP
10p ordinary	SWAP	Increasing Short	10,295	5.0271  GBP
10p ordinary	SWAP	Increasing Short	7,302	5.0316  GBP
10p ordinary	SWAP	Increasing Short	5,442	5.0344  GBP
10p ordinary	SWAP	Increasing Short	5,307	5.0360  GBP
10p ordinary	SWAP	Increasing Short	8,894	5.0441  GBP
10p ordinary	SWAP	Increasing Short	5,054	5.0448  GBP
10p ordinary	SWAP	Increasing Short	556	5.0660  GBP
10p ordinary	SWAP	Increasing Short	121	5.0680  GBP
10p ordinary	SWAP	Decreasing Short	330	4.9693  GBP
10p ordinary	SWAP	Decreasing Short	154	5.0380  GBP
10p ordinary	SWAP	Increasing Short	308	5.0380  GBP
10p ordinary	SWAP	Closing Short	3,545	5.0658  GBP
10p ordinary	SWAP	Decreasing Short	31,250	4.9560  GBP
10p ordinary	SWAP	Decreasing Short	47,845	5.0160  GBP
10p ordinary	SWAP	Decreasing Short	1	5.0660  GBP
10p ordinary	SWAP	Increasing Short	17,424	5.0660  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:				25 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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