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

Barclays PLC

15 April 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:			12 Apr 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:				10,912,810	1.12%	6,186,907	0.63%
(2) Cash-settled derivatives:				5,335,680	0.55%	9,560,928	0.98%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				16,248,490	1.67%	15,747,835	1.62%
(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	1795637	4.6713  GBP	4.5690  GBP
10p ordinary	Sale	1962783	4.6650  GBP	4.5690  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	61	4.5888  GBP
10p ordinary	SWAP	Closing Short	446	4.5997  GBP
10p ordinary	SWAP	Closing Short	24,076	4.6000  GBP
10p ordinary	SWAP	Closing Short	41,193	4.6300  GBP
10p ordinary	SWAP	Closing Short	144,483	4.6000  GBP
10p ordinary	SWAP	Closing Short	238,336	4.5995  GBP
10p ordinary	SWAP	Decreasing Long	33	4.5929  GBP
10p ordinary	SWAP	Decreasing Long	68	4.5984  GBP
10p ordinary	SWAP	Decreasing Long	122	4.6713  GBP
10p ordinary	SWAP	Decreasing Long	125	4.5932  GBP
10p ordinary	SWAP	Decreasing Long	219	4.6092  GBP
10p ordinary	SWAP	Decreasing Long	261	4.5934  GBP
10p ordinary	SWAP	Decreasing Long	294	4.6646  GBP
10p ordinary	SWAP	Decreasing Long	361	4.6070  GBP
10p ordinary	SWAP	Decreasing Long	577	4.5939  GBP
10p ordinary	SWAP	Decreasing Long	608	4.5880  GBP
10p ordinary	SWAP	Decreasing Long	1,117	4.6339  GBP
10p ordinary	SWAP	Decreasing Long	1,593	4.6236  GBP
10p ordinary	SWAP	Decreasing Long	1,819	4.5919  GBP
10p ordinary	SWAP	Decreasing Long	2,002	4.5875  GBP
10p ordinary	SWAP	Decreasing Long	2,018	4.6010  GBP
10p ordinary	CFD	Decreasing Long	4,437	4.6000  GBP
10p ordinary	SWAP	Decreasing Long	4,802	4.6000  GBP
10p ordinary	SWAP	Decreasing Long	7,022	4.6061  GBP
10p ordinary	CFD	Decreasing Long	13,288	4.6003  GBP
10p ordinary	CFD	Decreasing Long	18,584	4.6289  GBP
10p ordinary	SWAP	Decreasing Long	23,500	4.5780  GBP
10p ordinary	CFD	Decreasing Long	24,044	4.6560  GBP
10p ordinary	SWAP	Decreasing Short	1,180	4.6123  GBP
10p ordinary	SWAP	Decreasing Short	2,089	4.5784  GBP
10p ordinary	SWAP	Decreasing Short	3,151	4.6358  GBP
10p ordinary	SWAP	Decreasing Short	3,651	4.6419  GBP
10p ordinary	SWAP	Decreasing Short	3,900	4.6189  GBP
10p ordinary	SWAP	Decreasing Short	6,209	4.5957  GBP
10p ordinary	SWAP	Decreasing Short	10,055	4.5916  GBP
10p ordinary	SWAP	Decreasing Short	15,425	4.5999  GBP
10p ordinary	SWAP	Decreasing Short	33,652	4.6010  GBP
10p ordinary	SWAP	Decreasing Short	37,181	4.6000  GBP
10p ordinary	SWAP	Decreasing Short	46,036	4.6113  GBP
10p ordinary	SWAP	Decreasing Short	118,163	4.6132  GBP
10p ordinary	CFD	Increasing Long	1,032	4.6483  GBP
10p ordinary	CFD	Increasing Long	1,200	4.6000  GBP
10p ordinary	CFD	Increasing Long	6,260	4.6705  GBP
10p ordinary	CFD	Increasing Long	6,326	4.6569  GBP
10p ordinary	CFD	Increasing Long	8,941	4.6570  GBP
10p ordinary	CFD	Increasing Long	11,167	4.5896  GBP
10p ordinary	CFD	Increasing Long	12,010	4.6389  GBP
10p ordinary	CFD	Increasing Long	13,288	4.6706  GBP
10p ordinary	SWAP	Increasing Long	594,100	4.6650  GBP
10p ordinary	SWAP	Increasing Short	176	4.5805  GBP
10p ordinary	SWAP	Increasing Short	234	4.5797  GBP
10p ordinary	SWAP	Increasing Short	313	4.6660  GBP
10p ordinary	SWAP	Increasing Short	509	4.5796  GBP
10p ordinary	SWAP	Increasing Short	937	4.5955  GBP
10p ordinary	SWAP	Increasing Short	2,985	4.5950  GBP
10p ordinary	SWAP	Increasing Short	3,654	4.6028  GBP
10p ordinary	SWAP	Increasing Short	4,911	4.6710  GBP
10p ordinary	SWAP	Increasing Short	8,261	4.6296  GBP
10p ordinary	SWAP	Increasing Short	8,740	4.6064  GBP
10p ordinary	SWAP	Increasing Short	10,151	4.6099  GBP
10p ordinary	SWAP	Increasing Short	11,369	4.6048  GBP
10p ordinary	SWAP	Increasing Short	12,723	4.6149  GBP
10p ordinary	SWAP	Increasing Short	22,782	4.5960  GBP
10p ordinary	SWAP	Increasing Short	31,453	4.5959  GBP
10p ordinary	SWAP	Increasing Short	32,646	4.6041  GBP
10p ordinary	SWAP	Increasing Short	34,996	4.5963  GBP
10p ordinary	SWAP	Increasing Short	40,320	4.6003  GBP
10p ordinary	SWAP	Increasing Short	42,517	4.6249  GBP
10p ordinary	SWAP	Increasing Short	60,434	4.5996  GBP
10p ordinary	SWAP	Increasing Short	82,665	4.6089  GBP
10p ordinary	SWAP	Increasing Short	162,252	4.6040  GBP
10p ordinary	SWAP	Increasing Short	205,139	4.6055  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:				15 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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