Form 8.5 (EPT/NON-RI) - Barratt Developments plc

Barclays PLC

27 March 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:			26 Mar 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:				8,753,669	0.90%	7,230,006	0.74%
(2) Cash-settled derivatives:				6,356,182	0.65%	7,355,101	0.75%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,109,851	1.55%	14,585,107	1.50%
(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	1899970	4.7500  GBP	4.6740  GBP
10p ordinary	Sale	1414780	4.7490  GBP	4.6710  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	Closing Short	18	4.7111  GBP
10p ordinary	SWAP	Closing Short	30	4.7387  GBP
10p ordinary	SWAP	Closing Short	37	4.7408  GBP
10p ordinary	SWAP	Closing Short	56	4.7415  GBP
10p ordinary	SWAP	Closing Short	239	4.7386  GBP
10p ordinary	SWAP	Closing Short	4,705	4.7288  GBP
10p ordinary	SWAP	Closing Short	16,465	4.7430  GBP
10p ordinary	SWAP	Closing Short	17,919	4.7430  GBP
10p ordinary	SWAP	Closing Short	22,470	4.7427  GBP
10p ordinary	SWAP	Closing Short	28,526	4.7430  GBP
10p ordinary	CFD	Decreasing Long	64	4.7429  GBP
10p ordinary	SWAP	Decreasing Long	70	4.7345  GBP
10p ordinary	SWAP	Decreasing Long	522	4.7379  GBP
10p ordinary	SWAP	Decreasing Long	1,421	4.7382  GBP
10p ordinary	SWAP	Decreasing Long	5,909	4.7371  GBP
10p ordinary	CFD	Decreasing Long	29,220	4.7206  GBP
10p ordinary	CFD	Decreasing Long	34,325	4.7433  GBP
10p ordinary	SWAP	Decreasing Long	263,887	4.6770  GBP
10p ordinary	SWAP	Decreasing Short	17	4.7120  GBP
10p ordinary	SWAP	Decreasing Short	137	4.7360  GBP
10p ordinary	SWAP	Decreasing Short	1,048	4.7418  GBP
10p ordinary	SWAP	Decreasing Short	1,157	4.7305  GBP
10p ordinary	SWAP	Decreasing Short	1,789	4.7415  GBP
10p ordinary	SWAP	Decreasing Short	1,847	4.7036  GBP
10p ordinary	SWAP	Decreasing Short	17,271	4.7328  GBP
10p ordinary	SWAP	Decreasing Short	70,298	4.7358  GBP
10p ordinary	SWAP	Decreasing Short	92,359	4.7340  GBP
10p ordinary	SWAP	Increasing Long	22	4.7345  GBP
10p ordinary	SWAP	Increasing Long	48	4.7345  GBP
10p ordinary	CFD	Increasing Long	2,447	4.6936  GBP
10p ordinary	CFD	Increasing Long	16,114	4.7189  GBP
10p ordinary	CFD	Increasing Long	20,774	4.7369  GBP
10p ordinary	CFD	Increasing Long	22,612	4.7224  GBP
10p ordinary	CFD	Increasing Long	26,773	4.7430  GBP
10p ordinary	SWAP	Increasing Short	755	4.7440  GBP
10p ordinary	SWAP	Increasing Short	759	4.7331  GBP
10p ordinary	SWAP	Increasing Short	884	4.7336  GBP
10p ordinary	SWAP	Increasing Short	2,270	4.7329  GBP
10p ordinary	SWAP	Increasing Short	2,798	4.7305  GBP
10p ordinary	SWAP	Increasing Short	5,482	4.7350  GBP
10p ordinary	SWAP	Increasing Short	5,852	4.7311  GBP
10p ordinary	SWAP	Increasing Short	6,893	4.7396  GBP
10p ordinary	SWAP	Increasing Short	7,112	4.7412  GBP
10p ordinary	SWAP	Increasing Short	14,713	4.7431  GBP
10p ordinary	SWAP	Increasing Short	16,625	4.7361  GBP
10p ordinary	SWAP	Increasing Short	48,659	4.7363  GBP
10p ordinary	SWAP	Increasing Short	64,398	4.7430  GBP
10p ordinary	SWAP	Increasing Short	381,831	4.7369  GBP
10p ordinary	SWAP	Opening Long	63	4.7073  GBP
10p ordinary	SWAP	Opening Long	398	4.6861  GBP
10p ordinary	SWAP	Opening Long	615	4.6891  GBP
10p ordinary	SWAP	Opening Long	1,498	4.6801  GBP
10p ordinary	SWAP	Opening Long	6,094	4.7374  GBP
10p ordinary	SWAP	Opening Long	8,311	4.7335  GBP
10p ordinary	SWAP	Opening Long	8,315	4.7429  GBP
10p ordinary	SWAP	Opening Long	17,785	4.7326  GBP
10p ordinary	SWAP	Opening Long	28,385	4.7352  GBP
10p ordinary	SWAP	Opening Long	29,816	4.7333  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:				27 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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