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 | BARRATT DEVELOPMENTS PLC | |||||
(c) | Name of the party to the offer with which exempt | REDROW PLC | |||||
(d) | Date position held/dealing undertaken: | 30 Apr 2024 | |||||
(e) | In addition to the company in 1(b) above, is the exempt principal | YES: | |||||
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: | 13,882,205 | 1.42% | 6,147,657 | 0.63% | |||
(2) Cash-settled derivatives: | 5,248,963 | 0.54% | 12,480,944 | 1.28% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 19,131,168 | 1.96% | 18,628,601 | 1.91% | |||
| | | | | | | |
(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
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 | ||||||
(a) | Purchase and sales |
| | | | | |
Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
10p ordinary | Purchase | 862713 | 4.5985 GBP | 4.5430 GBP | |||
10p ordinary | Sale | 993690 | 4.5969 GBP | 4.5443 GBP | |||
ADR | Purchase | 660 | 11.4400 USD | 11.4400 USD | |||
ADR | Sale | 660 | 11.4400 USD | 11.4400 USD | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10p ordinary | SWAP | Decreasing Long | 4 | 4.5584 GBP | |||
10p ordinary | SWAP | Decreasing Long | 6 | 4.5655 GBP | |||
10p ordinary | SWAP | Decreasing Long | 10 | 4.5653 GBP | |||
10p ordinary | SWAP | Decreasing Long | 27 | 4.5675 GBP | |||
10p ordinary | SWAP | Decreasing Long | 48 | 4.5446 GBP | |||
10p ordinary | SWAP | Decreasing Long | 103 | 4.5608 GBP | |||
10p ordinary | CFD | Decreasing Long | 124 | 4.5820 GBP | |||
10p ordinary | SWAP | Decreasing Long | 165 | 4.5889 GBP | |||
10p ordinary | SWAP | Decreasing Long | 168 | 4.5500 GBP | |||
10p ordinary | SWAP | Decreasing Long | 258 | 4.5674 GBP | |||
10p ordinary | SWAP | Decreasing Long | 438 | 4.5452 GBP | |||
10p ordinary | SWAP | Decreasing Long | 547 | 4.5877 GBP | |||
10p ordinary | SWAP | Decreasing Long | 634 | 4.5437 GBP | |||
10p ordinary | SWAP | Decreasing Long | 902 | 4.5662 GBP | |||
10p ordinary | SWAP | Decreasing Long | 976 | 4.5587 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,053 | 4.5764 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,114 | 4.5805 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,846 | 4.5445 GBP | |||
10p ordinary | CFD | Decreasing Long | 2,087 | 4.5546 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,688 | 4.5841 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,426 | 4.5580 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,757 | 4.5796 GBP | |||
10p ordinary | SWAP | Decreasing Long | 7,420 | 4.5706 GBP | |||
10p ordinary | SWAP | Decreasing Long | 8,430 | 4.5836 GBP | |||
10p ordinary | SWAP | Decreasing Long | 11,401 | 4.5470 GBP | |||
10p ordinary | CFD | Decreasing Long | 16,026 | 4.5469 GBP | |||
10p ordinary | SWAP | Decreasing Long | 25,804 | 4.5690 GBP | |||
10p ordinary | CFD | Decreasing Long | 32,142 | 4.5879 GBP | |||
10p ordinary | SWAP | Decreasing Short | 253 | 4.5688 GBP | |||
10p ordinary | SWAP | Decreasing Short | 427 | 4.5705 GBP | |||
10p ordinary | SWAP | Decreasing Short | 547 | 4.5689 GBP | |||
10p ordinary | SWAP | Decreasing Short | 913 | 4.5706 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,080 | 4.5891 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,491 | 4.5643 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,672 | 4.5622 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,689 | 4.5697 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,511 | 4.5759 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,342 | 4.5565 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,363 | 4.5604 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,456 | 4.5709 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,009 | 4.5655 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,584 | 4.5623 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,121 | 4.5443 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,227 | 4.5674 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,783 | 4.5593 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,037 | 4.5649 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,119 | 4.5728 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,702 | 4.5661 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,721 | 4.5667 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,267 | 4.5607 GBP | |||
10p ordinary | SWAP | Decreasing Short | 30,040 | 4.5503 GBP | |||
10p ordinary | SWAP | Decreasing Short | 30,196 | 4.5473 GBP | |||
10p ordinary | SWAP | Decreasing Short | 38,798 | 4.5470 GBP | |||
10p ordinary | SWAP | Decreasing Short | 48,493 | 4.5645 GBP | |||
10p ordinary | CFD | Increasing Long | 115 | 4.5615 GBP | |||
10p ordinary | CFD | Increasing Long | 562 | 4.5470 GBP | |||
10p ordinary | CFD | Increasing Long | 839 | 4.5929 GBP | |||
10p ordinary | CFD | Increasing Long | 1,427 | 4.5866 GBP | |||
10p ordinary | CFD | Increasing Long | 9,597 | 4.5857 GBP | |||
10p ordinary | CFD | Increasing Long | 9,950 | 4.5645 GBP | |||
10p ordinary | CFD | Increasing Long | 13,447 | 4.5832 GBP | |||
10p ordinary | CFD | Increasing Long | 20,838 | 4.5752 GBP | |||
10p ordinary | CFD | Increasing Long | 33,320 | 4.5469 GBP | |||
10p ordinary | SWAP | Increasing Short | 34 | 4.5408 GBP | |||
10p ordinary | SWAP | Increasing Short | 84 | 4.5426 GBP | |||
10p ordinary | SWAP | Increasing Short | 165 | 4.5740 GBP | |||
10p ordinary | SWAP | Increasing Short | 246 | 4.5417 GBP | |||
10p ordinary | SWAP | Increasing Short | 907 | 4.5973 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,809 | 4.5773 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,959 | 4.5554 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,585 | 4.5739 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,898 | 4.5454 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,065 | 4.5689 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,152 | 4.5459 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,362 | 4.5916 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,255 | 4.5520 GBP | |||
10p ordinary | SWAP | Increasing Short | 41,004 | 4.5470 GBP | |||
10p ordinary | SWAP | Opening Short | 1,759 | 4.5652 GBP | |||
| | | | | | | |
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
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) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
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4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | ||||||
Details of any indemnity or option arrangement, or any agreement or understanding, | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
Details of any agreement, arrangement or understanding, formal or informal, between | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 01 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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