Form 8.5 (EPT/NON-RI) - Redrow plc – Company Announcement

Form 8.5 (EPT/NON-RI) - Redrow plc

Aug 22 2024 12:54 BSTSource: RNS

RNS Number : 4609B

Barclays PLC

22 August 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:			REDROW PLC
(c)	Name of the party to the offer with which exempt principal trader is connected			REDROW PLC
(d)	Date position held/dealing undertaken:			21 Aug 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: BARRATT DEVELOPMENTS 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:				10.5p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				4,217,162	1.27%	3,484,218	1.05%
(2) Cash-settled derivatives:				29,822	0.01%	4,582,994	1.39%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				4,246,984	1.28%	8,067,212	2.44%

(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
10.5p ordinary	Purchase	5984859	7.9256 GBP	7.7900 GBP
10.5p ordinary	Sale	5264058	7.9300 GBP	7.7900 GBP

(b)	Cash-settled derivative transactions
Class of relevant security	Product description	Nature of dealing	Number of reference securities	Price per unit
10.5p ordinary	CFD	Increasing Short	800,000	7.7906 GBP
10.5p ordinary	CFD	Increasing Short	536	7.8734 GBP
10.5p ordinary	SWAP	Closing Short	437,599	0.0000 GBP
10.5p ordinary	SWAP	Opening Long	636	7.8832 GBP
10.5p ordinary	SWAP	Decreasing Long	300	7.8950 GBP
10.5p ordinary	SWAP	Increasing Long	7,500	7.8637 GBP
10.5p ordinary	SWAP	Decreasing Long	324,714	0.0000 GBP
10.5p ordinary	SWAP	Closing Short	26,442	0.0000 GBP
10.5p ordinary	SWAP	Closing Short	555,370	0.0000 GBP
10.5p ordinary	SWAP	Closing Short	449,431	0.0000 GBP
10.5p ordinary	SWAP	Closing Short	5,680	0.0000 GBP
10.5p ordinary	SWAP	Closing Short	3,064,035	0.0000 GBP
10.5p ordinary	SWAP	Opening Long	27,900	7.8748 GBP
10.5p ordinary	SWAP	Increasing Long	76	7.9000 GBP
10.5p ordinary	SWAP	Increasing Long	2,179	7.9136 GBP
10.5p ordinary	SWAP	Opening Short	1,228,436	7.7900 GBP
10.5p ordinary	SWAP	Increasing Short	22,402	7.8710 GBP
10.5p ordinary	SWAP	Increasing Short	837	7.8851 GBP
10.5p ordinary	SWAP	Increasing Short	51,905	7.8865 GBP
10.5p ordinary	SWAP	Closing Short	67,352	0.0000 GBP
10.5p ordinary	SWAP	Closing Short	68,147	0.0000 GBP
10.5p ordinary	SWAP	Opening Long	3,316	7.8874 GBP
10.5p ordinary	SWAP	Decreasing Long	232	7.8800 GBP
10.5p ordinary	SWAP	Closing Short	269,277	0.0000 GBP
10.5p ordinary	SWAP	Closing Short	596,883	0.0000 GBP
10.5p ordinary	SWAP	Opening Short	262,500	7.7905 GBP
10.5p ordinary	SWAP	Increasing Short	15,973	7.8730 GBP
10.5p ordinary	SWAP	Opening Short	500,000	7.7919 GBP
10.5p ordinary	SWAP	Closing Short	857,643	0.0000 GBP
10.5p ordinary	SWAP	Opening Long	55,163	7.8762 GBP
10.5p ordinary	SWAP	Increasing Long	530	7.9075 GBP
10.5p ordinary	SWAP	Opening Short	1,302,280	7.7900 GBP
10.5p ordinary	SWAP	Increasing Short	16,134	7.8750 GBP
10.5p ordinary	SWAP	Increasing Short	31,034	7.8836 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:				22 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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Company Announcements

Form 8.5 (EPT/NON-RI) - Redrow plc