Form 8.3 - Barratt Developments plc

Societe Generale SA

26 March 2024

 

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	SOCIETE GENERALE SA
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Barratt Developments plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken:      For an opening position disclosure, state the latest practicable date prior to the disclosure	25/03/2024
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	Yes: Redrow plc

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(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:	5,172,988	0.53	459,429	0.05
(2)  Cash-settled derivatives:	1,725,693	0.18	155,810	0.02
(3)  Stock-settled derivatives (including options) and agreements to purchase/sell:	0	0.00	0	0.00
TOTAL:	6,898,681	0.71	615,239	0.06

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)        Rights to subscribe for new securities (including directors' and other employee 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 PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit GBP
10p ordinary	Purchase	2,446	4.71771
10p ordinary	Purchase	1	4.706
10p ordinary	Purchase	25	4.71
10p ordinary	Purchase	27	4.698
10p ordinary	Purchase	27	4.706
10p ordinary	Purchase	33	4.706
10p ordinary	Purchase	39	4.706
10p ordinary	Purchase	76	4.732
10p ordinary	Purchase	129	4.71
10p ordinary	Purchase	142	4.706
10p ordinary	Purchase	248	4.698
10p ordinary	Purchase	252	4.706
10p ordinary	Purchase	273	4.709
10p ordinary	Purchase	305	4.728
10p ordinary	Purchase	317	4.706
10p ordinary	Purchase	333	4.71
10p ordinary	Purchase	380	4.706
10p ordinary	Purchase	491	4.709
10p ordinary	Purchase	493	4.713
10p ordinary	Purchase	493	4.729
10p ordinary	Purchase	500	4.729
10p ordinary	Purchase	507	4.692
10p ordinary	Purchase	510	4.68
10p ordinary	Purchase	526	4.71
10p ordinary	Purchase	550	4.709
10p ordinary	Purchase	575	4.71
10p ordinary	Purchase	575	4.729
10p ordinary	Purchase	665	4.698
10p ordinary	Purchase	702	4.71
10p ordinary	Purchase	834	4.732
10p ordinary	Purchase	971	4.71
10p ordinary	Purchase	681	4.71
10p ordinary	Purchase	16	4.748
10p ordinary	Purchase	77	4.742
10p ordinary	Purchase	88	4.718
10p ordinary	Purchase	288	4.742
10p ordinary	Purchase	318	4.742
10p ordinary	Purchase	496	4.722
10p ordinary	Purchase	541	4.754
10p ordinary	Purchase	542	4.749
10p ordinary	Purchase	542	4.75
10p ordinary	Purchase	542	4.751
10p ordinary	Purchase	542	4.752
10p ordinary	Purchase	542	4.753
10p ordinary	Purchase	587	4.742
10p ordinary	Purchase	826	4.722
10p ordinary	Purchase	856	4.742
10p ordinary	Purchase	905	4.741
10p ordinary	Purchase	1,139	4.718
10p ordinary	Purchase	1,226	4.728
10p ordinary	Purchase	1,227	4.722
10p ordinary	Purchase	2,226	4.717
10p ordinary	Purchase	3,929	4.717
10p ordinary	Purchase	10,781	4.717
10p ordinary	Purchase	10,849	4.717
10p ordinary	Purchase	215	4.71693
10p ordinary	Sale	30,529	4.70333
10p ordinary	Sale	1,068	4.70966
10p ordinary	Sale	312	4.71453
10p ordinary	Sale	3,916	4.717
10p ordinary	Sale	1,958	4.717
10p ordinary	Sale	24	4.717
10p ordinary	Sale	3,916	4.717
10p ordinary	Sale	1,934	4.717
10p ordinary	Sale	3,916	4.717
10p ordinary	Sale	13	4.725
10p ordinary	Sale	146	4.725
10p ordinary	Sale	490	4.694
10p ordinary	Sale	675	4.692
10p ordinary	Sale	752	4.725
10p ordinary	Sale	12	4.695
10p ordinary	Sale	106	4.729
10p ordinary	Sale	114	4.696
10p ordinary	Sale	146	4.738
10p ordinary	Sale	185	4.738
10p ordinary	Sale	199	4.698
10p ordinary	Sale	216	4.728
10p ordinary	Sale	288	4.738
10p ordinary	Sale	288	4.738
10p ordinary	Sale	419	4.724
10p ordinary	Sale	434	4.696
10p ordinary	Sale	490	4.724
10p ordinary	Sale	536	4.695
10p ordinary	Sale	544	4.743
10p ordinary	Sale	544	4.749
10p ordinary	Sale	544	4.75
10p ordinary	Sale	544	4.751
10p ordinary	Sale	545	4.728
10p ordinary	Sale	545	4.739
10p ordinary	Sale	545	4.74
10p ordinary	Sale	545	4.741
10p ordinary	Sale	545	4.742
10p ordinary	Sale	546	4.716
10p ordinary	Sale	546	4.717
10p ordinary	Sale	546	4.718
10p ordinary	Sale	546	4.719
10p ordinary	Sale	546	4.719
10p ordinary	Sale	546	4.72
10p ordinary	Sale	546	4.721
10p ordinary	Sale	548	4.697
10p ordinary	Sale	548	4.704
10p ordinary	Sale	549	4.689
10p ordinary	Sale	549	4.69
10p ordinary	Sale	549	4.691
10p ordinary	Sale	549	4.692
10p ordinary	Sale	550	4.683
10p ordinary	Sale	550	4.684
10p ordinary	Sale	693	4.728
10p ordinary	Sale	700	4.721
10p ordinary	Sale	803	4.729
10p ordinary	Sale	834	4.721
10p ordinary	Sale	907	4.74
10p ordinary	Sale	907	4.742
10p ordinary	Sale	908	4.722
10p ordinary	Sale	908	4.723
10p ordinary	Sale	909	4.72
10p ordinary	Sale	909	4.727
10p ordinary	Sale	911	4.716
10p ordinary	Sale	913	4.695
10p ordinary	Sale	1,367	4.69
10p ordinary	Sale	3,335	4.69
10p ordinary	Sale	32,941	4.71721

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit GBP
10p ordinary	CFD	Increasing a long position	312	4.71453
10p ordinary	CFD	Increasing a short position	2,446	4.71771
10p ordinary	CFD	Reducing a short position	30,529	4.70333
10p ordinary	CFD	Reducing a short position	1,068	4.70966

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)        Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

4.         OTHER INFORMATION

(a)        Indemnity and other dealing 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 person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person 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 or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

None

(c)        Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:	26/03/2024
Contact name:	Paul Jenkins
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END