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

Barclays PLC

18 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:			17 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:				11,771,079	1.21%	6,854,133	0.70%
(2) Cash-settled derivatives:				5,925,500	0.61%	10,372,731	1.06%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,696,579	1.82%	17,226,864	1.77%
(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	1356237	4.4990  GBP	4.4420  GBP
10p ordinary	Sale	788732	4.4990  GBP	4.4420  GBP
ADR	Purchase	2000	11.0900  USD	11.0900  USD
ADR	Sale	2000	11.0900  USD	11.0900  USD
(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 Long	3	4.4551  GBP
10p ordinary	SWAP	Decreasing Long	13	4.4561  GBP
10p ordinary	SWAP	Decreasing Long	25	4.4605  GBP
10p ordinary	SWAP	Decreasing Long	30	4.4787  GBP
10p ordinary	SWAP	Decreasing Long	41	4.4535  GBP
10p ordinary	SWAP	Decreasing Long	62	4.4649  GBP
10p ordinary	SWAP	Decreasing Long	68	4.4670  GBP
10p ordinary	SWAP	Decreasing Long	68	4.4752  GBP
10p ordinary	SWAP	Decreasing Long	153	4.4655  GBP
10p ordinary	SWAP	Decreasing Long	153	4.4600  GBP
10p ordinary	SWAP	Decreasing Long	166	4.4643  GBP
10p ordinary	SWAP	Decreasing Long	185	4.4437  GBP
10p ordinary	SWAP	Decreasing Long	1,071	4.4658  GBP
10p ordinary	CFD	Decreasing Long	1,279	4.4646  GBP
10p ordinary	SWAP	Decreasing Long	1,848	4.4665  GBP
10p ordinary	CFD	Decreasing Long	2,435	4.4600  GBP
10p ordinary	SWAP	Decreasing Long	2,500	4.4756  GBP
10p ordinary	CFD	Decreasing Long	3,235	4.4635  GBP
10p ordinary	CFD	Decreasing Long	11,925	4.4499  GBP
10p ordinary	CFD	Decreasing Long	19,956	4.4645  GBP
10p ordinary	CFD	Decreasing Long	26,450	4.4544  GBP
10p ordinary	SWAP	Decreasing Short	20	4.4499  GBP
10p ordinary	SWAP	Decreasing Short	41	4.4549  GBP
10p ordinary	SWAP	Decreasing Short	221	4.4436  GBP
10p ordinary	SWAP	Decreasing Short	362	4.4419  GBP
10p ordinary	SWAP	Decreasing Short	970	4.4678  GBP
10p ordinary	SWAP	Decreasing Short	1,126	4.4693  GBP
10p ordinary	SWAP	Decreasing Short	2,970	4.4762  GBP
10p ordinary	SWAP	Decreasing Short	6,104	4.4713  GBP
10p ordinary	SWAP	Decreasing Short	18,480	4.4599  GBP
10p ordinary	SWAP	Decreasing Short	45,503	4.4612  GBP
10p ordinary	CFD	Increasing Long	647	4.4626  GBP
10p ordinary	CFD	Increasing Long	1,353	4.4617  GBP
10p ordinary	SWAP	Increasing Long	1,848	4.4665  GBP
10p ordinary	CFD	Increasing Long	4,173	4.4596  GBP
10p ordinary	CFD	Increasing Long	19,940	4.4600  GBP
10p ordinary	CFD	Increasing Long	20,870	4.4597  GBP
10p ordinary	SWAP	Increasing Short	471	4.4790  GBP
10p ordinary	SWAP	Increasing Short	1,276	4.4400  GBP
10p ordinary	SWAP	Increasing Short	1,777	4.4596  GBP
10p ordinary	SWAP	Increasing Short	2,013	4.4478  GBP
10p ordinary	SWAP	Increasing Short	2,212	4.4573  GBP
10p ordinary	SWAP	Increasing Short	2,616	4.4540  GBP
10p ordinary	SWAP	Increasing Short	3,294	4.4420  GBP
10p ordinary	SWAP	Increasing Short	6,538	4.4678  GBP
10p ordinary	SWAP	Increasing Short	7,624	4.4746  GBP
10p ordinary	SWAP	Increasing Short	9,957	4.4657  GBP
10p ordinary	SWAP	Increasing Short	16,081	4.4621  GBP
10p ordinary	SWAP	Increasing Short	20,589	4.4602  GBP
10p ordinary	SWAP	Increasing Short	28,536	4.4642  GBP
10p ordinary	SWAP	Increasing Short	41,058	4.4644  GBP
10p ordinary	SWAP	Increasing Short	59,696	4.4613  GBP
10p ordinary	SWAP	Increasing Short	63,248	4.4635  GBP
10p ordinary	SWAP	Increasing Short	72,710	4.4600  GBP
10p ordinary	SWAP	Increasing Short	83,834	4.4599  GBP
10p ordinary	SWAP	Increasing Short	130,955	4.4632  GBP
10p ordinary	SWAP	Opening Short	63,900	4.4955  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:				18 Apr 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

 

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