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

Barclays PLC

23 August 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 Aug 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:				21,204,727	2.18%	5,168,467	0.53%
(2) Cash-settled derivatives:				4,253,222	0.44%	19,449,748	2.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				25,457,949	2.61%	24,618,215	2.53%
(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	2573681	5.5020  GBP	5.4494  GBP
10p ordinary	Sale	6041674	5.5028  GBP	5.4520  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 Short	15,045	5.4788  GBP
10p ordinary	CFD	Increasing Long	1,317	5.4455  GBP
10p ordinary	CFD	Increasing Long	9,821	5.4590  GBP
10p ordinary	CFD	Increasing Long	84,320	5.4743  GBP
10p ordinary	CFD	Increasing Long	22,554	5.4789  GBP
10p ordinary	CFD	Increasing Long	181,305	5.5015  GBP
10p ordinary	CFD	Decreasing Long	14,496	5.4624  GBP
10p ordinary	CFD	Decreasing Long	18,709	5.4683  GBP
10p ordinary	CFD	Decreasing Long	6,549	5.4899  GBP
10p ordinary	CFD	Decreasing Long	1,317	5.5024  GBP
10p ordinary	SWAP	Opening Short	5,336	5.4876  GBP
10p ordinary	SWAP	Increasing Long	13,100	5.4588  GBP
10p ordinary	SWAP	Opening Long	25,519	5.4757  GBP
10p ordinary	SWAP	Decreasing Long	6,475	5.4661  GBP
10p ordinary	SWAP	Decreasing Long	14,952	5.5020  GBP
10p ordinary	SWAP	Closing Short	2,259,826	5.5020  GBP
10p ordinary	SWAP	Decreasing Short	16,715	5.4681  GBP
10p ordinary	SWAP	Decreasing Short	38,708	5.5020  GBP
10p ordinary	SWAP	Increasing Short	127	5.4972  GBP
10p ordinary	SWAP	Increasing Short	11	5.4984  GBP
10p ordinary	SWAP	Increasing Short	3,159	5.4494  GBP
10p ordinary	SWAP	Increasing Short	12,780	5.4524  GBP
10p ordinary	SWAP	Decreasing Short	55,262	5.4741  GBP
10p ordinary	SWAP	Decreasing Short	1,360	5.4773  GBP
10p ordinary	SWAP	Decreasing Short	423	5.4800  GBP
10p ordinary	SWAP	Decreasing Short	113,105	5.4821  GBP
10p ordinary	SWAP	Decreasing Short	770	5.4834  GBP
10p ordinary	SWAP	Decreasing Short	49,989	5.4954  GBP
10p ordinary	SWAP	Decreasing Short	266,583	5.5012  GBP
10p ordinary	SWAP	Decreasing Short	113,051	5.5020  GBP
10p ordinary	SWAP	Increasing Short	2,528	5.4460  GBP
10p ordinary	SWAP	Increasing Short	216	5.4540  GBP
10p ordinary	SWAP	Increasing Short	13,262	5.4590  GBP
10p ordinary	SWAP	Increasing Short	859	5.4600  GBP
10p ordinary	SWAP	Increasing Short	442	5.4660  GBP
10p ordinary	SWAP	Increasing Short	7,747	5.4701  GBP
10p ordinary	SWAP	Increasing Short	449	5.4720  GBP
10p ordinary	SWAP	Increasing Short	20	5.5020  GBP
10p ordinary	SWAP	Decreasing Short	49	5.4608  GBP
10p ordinary	SWAP	Decreasing Short	211	5.4779  GBP
10p ordinary	SWAP	Decreasing Short	2,922	5.4839  GBP
10p ordinary	SWAP	Decreasing Short	591	5.4846  GBP
10p ordinary	SWAP	Decreasing Short	338	5.4857  GBP
10p ordinary	SWAP	Decreasing Short	486	5.4865  GBP
10p ordinary	SWAP	Decreasing Short	6,488	5.4871  GBP
10p ordinary	SWAP	Decreasing Short	1,602	5.4881  GBP
10p ordinary	SWAP	Decreasing Short	16,633	5.4883  GBP
10p ordinary	SWAP	Decreasing Short	151	5.4899  GBP
10p ordinary	SWAP	Decreasing Short	414,986	5.5019  GBP
10p ordinary	SWAP	Increasing Short	1,899	5.4596  GBP
10p ordinary	SWAP	Increasing Short	708	5.4604  GBP
10p ordinary	SWAP	Increasing Short	158	5.4700  GBP
10p ordinary	SWAP	Increasing Short	1,635	5.4759  GBP
10p ordinary	SWAP	Increasing Short	89	5.4840  GBP
10p ordinary	SWAP	Closing Long	66,607	5.4590  GBP
10p ordinary	SWAP	Decreasing Short	560	5.4689  GBP
10p ordinary	SWAP	Increasing Short	280	5.4689  GBP
10p ordinary	SWAP	Increasing Long	21,979	5.4857  GBP
10p ordinary	SWAP	Increasing Long	26,457	5.5014  GBP
10p ordinary	SWAP	Decreasing Short	1,106	5.4794  GBP
10p ordinary	SWAP	Decreasing Short	1,417	5.4849  GBP
10p ordinary	SWAP	Decreasing Short	235,119	5.4916  GBP
10p ordinary	SWAP	Decreasing Short	608	5.4960  GBP
10p ordinary	SWAP	Increasing Short	13,273	5.4674  GBP
10p ordinary	SWAP	Increasing Short	12,686	5.4768  GBP
10p ordinary	SWAP	Increasing Short	8,817	5.5020  GBP
10p ordinary	SWAP	Increasing Long	27,218	5.4300  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 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

END