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

May 14 2024 17:39 BSTSource: RNS

RNS Number : 4220O

Barclays PLC

14 May 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:			13 May 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:				14,742,661	1.51%	5,279,737	0.54%
(2) Cash-settled derivatives:				4,477,862	0.46%	13,551,679	1.39%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				19,220,523	1.97%	18,831,416	1.93%

(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	1447921	4.9541 GBP	4.9060 GBP
10p ordinary	Sale	591883	4.9560 GBP	4.9060 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	39	4.9369 GBP
10p ordinary	SWAP	Closing Short	1,108	4.9123 GBP
10p ordinary	SWAP	Closing Short	8,702	4.9200 GBP
10p ordinary	SWAP	Closing Short	10,957	4.9197 GBP
10p ordinary	SWAP	Decreasing Long	47	4.9140 GBP
10p ordinary	SWAP	Decreasing Long	54	4.9296 GBP
10p ordinary	SWAP	Decreasing Long	56	4.9157 GBP
10p ordinary	SWAP	Decreasing Long	77	4.9299 GBP
10p ordinary	SWAP	Decreasing Long	169	4.9454 GBP
10p ordinary	SWAP	Decreasing Long	177	4.9544 GBP
10p ordinary	SWAP	Decreasing Long	227	4.9227 GBP
10p ordinary	SWAP	Decreasing Long	257	4.9228 GBP
10p ordinary	SWAP	Decreasing Long	462	4.9322 GBP
10p ordinary	SWAP	Decreasing Long	508	4.9309 GBP
10p ordinary	SWAP	Decreasing Long	560	4.9330 GBP
10p ordinary	SWAP	Decreasing Long	634	4.9159 GBP
10p ordinary	SWAP	Decreasing Long	726	4.9444 GBP
10p ordinary	SWAP	Decreasing Long	741	4.9221 GBP
10p ordinary	SWAP	Decreasing Long	1,670	4.9390 GBP
10p ordinary	SWAP	Decreasing Long	1,748	4.9453 GBP
10p ordinary	SWAP	Decreasing Long	1,977	4.9452 GBP
10p ordinary	SWAP	Decreasing Long	2,033	4.9362 GBP
10p ordinary	SWAP	Decreasing Long	2,788	4.9246 GBP
10p ordinary	SWAP	Decreasing Long	4,057	4.9278 GBP
10p ordinary	SWAP	Decreasing Long	4,080	4.9438 GBP
10p ordinary	CFD	Decreasing Long	7,182	4.9203 GBP
10p ordinary	CFD	Decreasing Long	19,145	4.9131 GBP
10p ordinary	CFD	Decreasing Long	19,973	4.9204 GBP
10p ordinary	SWAP	Decreasing Long	23,292	4.9275 GBP
10p ordinary	SWAP	Decreasing Long	24,056	4.9282 GBP
10p ordinary	SWAP	Decreasing Long	49,375	4.9200 GBP
10p ordinary	SWAP	Decreasing Short	11	4.9519 GBP
10p ordinary	SWAP	Decreasing Short	14	4.9419 GBP
10p ordinary	SWAP	Decreasing Short	36	4.9538 GBP
10p ordinary	SWAP	Decreasing Short	47	4.9200 GBP
10p ordinary	SWAP	Decreasing Short	563	4.9560 GBP
10p ordinary	SWAP	Decreasing Short	767	4.9174 GBP
10p ordinary	SWAP	Decreasing Short	1,083	4.9265 GBP
10p ordinary	SWAP	Decreasing Short	1,397	4.9399 GBP
10p ordinary	SWAP	Decreasing Short	1,788	4.9212 GBP
10p ordinary	SWAP	Decreasing Short	1,899	4.9063 GBP
10p ordinary	SWAP	Decreasing Short	4,422	4.9226 GBP
10p ordinary	SWAP	Decreasing Short	10,500	4.9487 GBP
10p ordinary	SWAP	Decreasing Short	11,713	4.9485 GBP
10p ordinary	SWAP	Decreasing Short	52,190	4.9315 GBP
10p ordinary	CFD	Increasing Long	968	4.9357 GBP
10p ordinary	CFD	Increasing Long	1,652	4.9059 GBP
10p ordinary	CFD	Increasing Long	12,964	4.9421 GBP
10p ordinary	CFD	Increasing Long	16,525	4.9200 GBP
10p ordinary	SWAP	Increasing Short	550	4.9360 GBP
10p ordinary	SWAP	Increasing Short	762	4.9215 GBP
10p ordinary	SWAP	Increasing Short	1,458	4.9407 GBP
10p ordinary	SWAP	Increasing Short	2,725	4.9306 GBP
10p ordinary	SWAP	Increasing Short	3,675	4.9190 GBP
10p ordinary	SWAP	Increasing Short	4,508	4.9271 GBP
10p ordinary	SWAP	Increasing Short	6,341	4.9236 GBP
10p ordinary	SWAP	Increasing Short	6,651	4.9224 GBP
10p ordinary	SWAP	Increasing Short	9,015	4.9288 GBP
10p ordinary	SWAP	Increasing Short	10,273	4.9396 GBP
10p ordinary	SWAP	Increasing Short	11,155	4.9369 GBP
10p ordinary	SWAP	Increasing Short	12,963	4.9344 GBP
10p ordinary	SWAP	Increasing Short	15,173	4.9152 GBP
10p ordinary	SWAP	Increasing Short	23,110	4.9341 GBP
10p ordinary	SWAP	Increasing Short	24,509	4.9323 GBP
10p ordinary	SWAP	Increasing Short	25,015	4.9204 GBP
10p ordinary	SWAP	Increasing Short	32,812	4.9275 GBP
10p ordinary	SWAP	Increasing Short	50,000	4.9219 GBP
10p ordinary	SWAP	Increasing Short	60,191	4.9244 GBP
10p ordinary	SWAP	Increasing Short	81,404	4.9098 GBP
10p ordinary	SWAP	Increasing Short	153,129	4.9458 GBP
10p ordinary	SWAP	Increasing Short	243,251	4.9200 GBP
10p ordinary	SWAP	Opening Short	31	4.9151 GBP
10p ordinary	SWAP	Opening Short	1,869	4.9319 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:				14 May 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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