Form 8.5 (EPT/NON-RI) - Barratt Developments plc
Source: RNS
FORM 8.5 (EPT/NON-RI) |
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PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN |
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EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS |
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(OR WHERE RI STATUS IS NOT APPLICABLE) |
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Rule 8.5 of the Takeover Code (the "Code") |
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1. |
KEY INFORMATION |
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(a) |
Name of exempt principal trader: |
BARCLAYS CAPITAL SECURITIES LTD |
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(b) |
Name of offeror/offeree in relation to whose |
BARRATT DEVELOPMENTS PLC |
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(c) |
Name of the party to the offer with which exempt |
REDROW PLC |
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(d) |
Date position held/dealing undertaken: |
22 May 2024 |
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(e) |
In addition to the company in 1(b) above, is the exempt principal |
YES: |
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2. |
POSITIONS OF THE EXEMPT PRINCIPAL TRADER |
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(a) |
Interests and short positions in the relevant securities of the offeror or offeree |
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to which the disclosure relates following the dealing (if any) |
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Class of relevant security: |
10p ordinary |
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Interests |
Short Positions |
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Number |
(%) |
Number |
(%) |
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(1) Relevant securities owned and/or controlled: |
13,185,559 |
1.35% |
5,891,776 |
0.60% |
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(2) Cash-settled derivatives: |
4,782,920 |
0.49% |
11,821,589 |
1.21% |
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(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00% |
0 |
0.00% |
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|
17,968,479 |
1.84% |
17,713,365 |
1.82% |
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(b) |
Rights to subscribe for new securities (including directors and other executive options) |
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Class of relevant security in relation to |
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Details, including nature of the rights |
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3. |
DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER |
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(a) |
Purchase and sales |
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Class of relevant |
Purchase/sale |
Total number of |
Highest price per unit |
Lowest price per unit |
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10p ordinary |
Purchase |
1708357 |
5.0560 GBP |
4.9640 GBP |
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10p ordinary |
Sale |
1629560 |
5.0560 GBP |
4.9640 GBP |
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(b) |
Cash-settled derivative transactions |
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Class of |
Product description |
Nature of dealing |
Number of |
Price per |
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10p ordinary |
SWAP |
Closing Short |
1,405 |
5.0282 GBP |
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10p ordinary |
SWAP |
Closing Short |
1,813 |
4.9960 GBP |
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10p ordinary |
CFD |
Decreasing Long |
2,429 |
5.0013 GBP |
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10p ordinary |
CFD |
Decreasing Long |
6,174 |
5.0404 GBP |
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10p ordinary |
CFD |
Decreasing Long |
6,718 |
5.0262 GBP |
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10p ordinary |
SWAP |
Decreasing Long |
10,722 |
4.9960 GBP |
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10p ordinary |
CFD |
Decreasing Long |
27,050 |
4.9963 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
17 |
5.0400 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
475 |
5.0327 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
958 |
4.9720 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,003 |
5.0477 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,292 |
5.0381 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
1,777 |
5.0113 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
2,224 |
5.0363 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
2,487 |
5.0190 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
5,240 |
5.0066 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
5,301 |
5.0018 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
5,342 |
5.0387 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
5,400 |
5.0098 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
7,307 |
5.0046 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
7,346 |
5.0036 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
7,378 |
5.0040 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
7,563 |
5.0203 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
8,610 |
4.9987 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
11,017 |
5.0114 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
12,866 |
5.0071 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
13,203 |
5.0148 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
16,758 |
5.0096 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
23,212 |
5.0000 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
23,728 |
5.0099 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
35,781 |
4.9979 GBP |
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10p ordinary |
SWAP |
Decreasing Short |
62,782 |
4.9959 GBP |
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10p ordinary |
SWAP |
Increasing Long |
68 |
5.0019 GBP |
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10p ordinary |
SWAP |
Increasing Long |
113 |
5.0060 GBP |
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10p ordinary |
SWAP |
Increasing Long |
195 |
5.0118 GBP |
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10p ordinary |
SWAP |
Increasing Long |
238 |
5.0061 GBP |
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10p ordinary |
SWAP |
Increasing Long |
249 |
5.0222 GBP |
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10p ordinary |
SWAP |
Increasing Long |
325 |
5.0434 GBP |
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10p ordinary |
SWAP |
Increasing Long |
584 |
5.0096 GBP |
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10p ordinary |
SWAP |
Increasing Long |
790 |
5.0374 GBP |
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10p ordinary |
CFD |
Increasing Long |
943 |
4.9960 GBP |
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10p ordinary |
SWAP |
Increasing Long |
2,838 |
5.0173 GBP |
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10p ordinary |
SWAP |
Increasing Long |
4,133 |
5.0140 GBP |
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10p ordinary |
CFD |
Increasing Long |
5,775 |
5.0316 GBP |
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10p ordinary |
CFD |
Increasing Long |
6,174 |
4.9955 GBP |
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10p ordinary |
SWAP |
Increasing Long |
6,974 |
5.0181 GBP |
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10p ordinary |
SWAP |
Increasing Long |
8,207 |
5.0091 GBP |
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10p ordinary |
SWAP |
Increasing Long |
9,302 |
5.0138 GBP |
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10p ordinary |
SWAP |
Increasing Long |
9,318 |
5.0237 GBP |
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10p ordinary |
SWAP |
Increasing Long |
9,650 |
5.0134 GBP |
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10p ordinary |
SWAP |
Increasing Long |
15,599 |
5.0104 GBP |
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10p ordinary |
SWAP |
Increasing Long |
18,395 |
4.9879 GBP |
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10p ordinary |
SWAP |
Increasing Long |
31,170 |
5.0022 GBP |
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10p ordinary |
SWAP |
Increasing Long |
249,612 |
5.0145 GBP |
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10p ordinary |
SWAP |
Increasing Short |
955 |
5.0256 GBP |
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10p ordinary |
SWAP |
Increasing Short |
2,146 |
5.0355 GBP |
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10p ordinary |
SWAP |
Increasing Short |
4,968 |
4.9949 GBP |
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10p ordinary |
SWAP |
Increasing Short |
10,033 |
4.9932 GBP |
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10p ordinary |
SWAP |
Increasing Short |
14,717 |
4.9908 GBP |
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10p ordinary |
SWAP |
Increasing Short |
20,267 |
0.0000 GBP |
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10p ordinary |
SWAP |
Increasing Short |
26,056 |
4.9681 GBP |
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10p ordinary |
SWAP |
Increasing Short |
32,969 |
5.0166 GBP |
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10p ordinary |
SWAP |
Increasing Short |
44,065 |
4.9975 GBP |
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10p ordinary |
SWAP |
Increasing Short |
63,086 |
5.0013 GBP |
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10p ordinary |
SWAP |
Increasing Short |
78,700 |
5.0506 GBP |
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10p ordinary |
SWAP |
Increasing Short |
78,700 |
4.9972 GBP |
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10p ordinary |
SWAP |
Increasing Short |
368,921 |
4.9960 GBP |
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(c) |
Stock-settled derivative transactions (including options) |
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(i) |
Writing, selling, purchasing or varying |
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Class |
Product |
Writing, |
Number |
Exercise |
Type |
Expiry |
Option |
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(ii) |
Exercising |
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Class of relevant |
Product description |
Exercising/ exercised against |
Number of |
Exercise price per |
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(d) |
Other dealings (including subscribing for new securities) |
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Class of relevant |
Nature of Dealings |
Details |
Price per unit (if |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealings arrangements |
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Details of any indemnity or option arrangement, or any agreement or understanding, |
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NONE |
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(b) |
Agreements, arrangements or understandings relating to options or derivatives |
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Details of any agreement, arrangement or understanding, formal or informal, between |
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NONE |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions) attached? |
NO |
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Date of disclosure: |
23 May 2024 |
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Contact name: |
Large Holdings Regulatory Operations |
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Telephone number: |
020 3134 7213 |
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