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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: | 28 Jun 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: | 11,794,504 | 1.21% | 6,720,922 | 0.69% | |||
(2) Cash-settled derivatives: | 5,825,130 | 0.60% | 10,344,609 | 1.06% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 17,619,634 | 1.81% | 17,065,531 | 1.75% | |||
| | | | | | | |
(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 | 1414059 | 4.7525 GBP | 4.6960 GBP | |||
10p ordinary | Sale | 2656982 | 4.7500 GBP | 4.6960 GBP | |||
ADR | Purchase | 840 | 11.8600 USD | 11.8600 USD | |||
ADR | Sale | 840 | 11.8600 USD | 11.8600 USD | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10p ordinary | SWAP | Opening Long | 1,148,846 | 4.7220 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,374 | 4.7058 GBP | |||
10p ordinary | SWAP | Decreasing Long | 6,220 | 4.7215 GBP | |||
10p ordinary | SWAP | Decreasing Long | 13,267 | 4.7220 GBP | |||
10p ordinary | SWAP | Decreasing Long | 20,486 | 4.7288 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,143 | 4.7397 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,693 | 4.7402 GBP | |||
10p ordinary | SWAP | Decreasing Long | 124 | 4.7524 GBP | |||
10p ordinary | CFD | Decreasing Short | 30,963 | 4.7213 GBP | |||
10p ordinary | CFD | Decreasing Short | 19,459 | 4.7216 GBP | |||
10p ordinary | CFD | Decreasing Short | 17,603 | 4.7500 GBP | |||
10p ordinary | CFD | Increasing Short | 14,359 | 4.7220 GBP | |||
10p ordinary | CFD | Increasing Short | 3,362 | 4.7303 GBP | |||
10p ordinary | CFD | Increasing Short | 29,293 | 4.7348 GBP | |||
10p ordinary | CFD | Increasing Short | 3,244 | 4.7481 GBP | |||
10p ordinary | CFD | Increasing Short | 439 | 4.7482 GBP | |||
10p ordinary | SWAP | Opening Long | 251 | 4.7500 GBP | |||
10p ordinary | SWAP | Opening Short | 4,645 | 4.7222 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,163 | 4.7365 GBP | |||
10p ordinary | SWAP | Increasing Short | 110 | 4.7409 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,900 | 4.7218 GBP | |||
10p ordinary | SWAP | Increasing Long | 651 | 4.7220 GBP | |||
10p ordinary | SWAP | Decreasing Long | 75,124 | 4.7198 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,457 | 4.7263 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,374 | 4.7371 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,848 | 4.7189 GBP | |||
10p ordinary | SWAP | Decreasing Short | 132,961 | 4.7220 GBP | |||
10p ordinary | SWAP | Decreasing Short | 50,445 | 4.7222 GBP | |||
10p ordinary | SWAP | Decreasing Short | 69,374 | 4.7278 GBP | |||
10p ordinary | SWAP | Decreasing Short | 699 | 4.7410 GBP | |||
10p ordinary | SWAP | Decreasing Short | 148 | 4.7440 GBP | |||
10p ordinary | SWAP | Increasing Short | 37,408 | 4.7129 GBP | |||
10p ordinary | SWAP | Increasing Short | 15,222 | 4.7220 GBP | |||
10p ordinary | SWAP | Increasing Short | 347 | 4.7300 GBP | |||
10p ordinary | SWAP | Increasing Short | 853 | 4.7335 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,039 | 4.7489 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27,063 | 4.7303 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,458 | 4.7367 GBP | |||
10p ordinary | SWAP | Decreasing Short | 665 | 4.7390 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,344 | 4.7428 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,437 | 4.7144 GBP | |||
10p ordinary | SWAP | Increasing Short | 29,810 | 4.7160 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,552 | 4.7181 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,539 | 4.7192 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,042 | 4.7211 GBP | |||
10p ordinary | SWAP | Increasing Short | 134,369 | 4.7220 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,318 | 4.7228 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,364 | 4.7252 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,083 | 4.7277 GBP | |||
10p ordinary | SWAP | Increasing Short | 219 | 4.7428 GBP | |||
10p ordinary | SWAP | Increasing Long | 104,885 | 4.7220 GBP | |||
10p ordinary | SWAP | Increasing Long | 38,027 | 4.7268 GBP | |||
10p ordinary | SWAP | Decreasing Long | 26,553 | 4.7280 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 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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