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: | 02 Jul 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: | 11,303,846 | 1.16% | 6,512,465 | 0.67% | |||
(2) Cash-settled derivatives: | 5,632,581 | 0.58% | 9,938,775 | 1.02% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 16,936,427 | 1.74% | 16,451,240 | 1.69% | |||
| | | | | | | |
(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 | 906996 | 4.8483 GBP | 4.7580 GBP | |||
10p ordinary | Sale | 664976 | 4.8481 GBP | 4.7506 GBP | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10p ordinary | CFD | Decreasing Short | 46,573 | 4.7977 GBP | |||
10p ordinary | CFD | Increasing Short | 38,504 | 4.7790 GBP | |||
10p ordinary | CFD | Increasing Short | 43,753 | 4.7793 GBP | |||
10p ordinary | CFD | Increasing Short | 7,819 | 4.7901 GBP | |||
10p ordinary | CFD | Increasing Short | 3,090 | 4.7944 GBP | |||
10p ordinary | CFD | Increasing Short | 2,615 | 4.7947 GBP | |||
10p ordinary | CFD | Increasing Short | 250 | 4.8121 GBP | |||
10p ordinary | SWAP | Opening Short | 1,124 | 4.7792 GBP | |||
10p ordinary | SWAP | Increasing Short | 446 | 4.8226 GBP | |||
10p ordinary | SWAP | Opening Long | 6,993 | 4.7790 GBP | |||
10p ordinary | SWAP | Closing Long | 2 | 4.8150 GBP | |||
10p ordinary | SWAP | Increasing Short | 289 | 4.8038 GBP | |||
10p ordinary | SWAP | Increasing Short | 114,980 | 4.7971 GBP | |||
10p ordinary | SWAP | Increasing Long | 149 | 4.7506 GBP | |||
10p ordinary | SWAP | Increasing Long | 26,518 | 4.7853 GBP | |||
10p ordinary | SWAP | Increasing Long | 2,002 | 4.8120 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,261 | 4.8168 GBP | |||
10p ordinary | SWAP | Decreasing Short | 58 | 4.7470 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,656 | 4.7889 GBP | |||
10p ordinary | SWAP | Decreasing Short | 38,144 | 4.7918 GBP | |||
10p ordinary | SWAP | Decreasing Short | 86,819 | 4.8055 GBP | |||
10p ordinary | SWAP | Decreasing Short | 925 | 4.8128 GBP | |||
10p ordinary | SWAP | Decreasing Short | 147 | 4.8140 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,014 | 4.8168 GBP | |||
10p ordinary | SWAP | Increasing Short | 115,594 | 4.7780 GBP | |||
10p ordinary | SWAP | Increasing Short | 78,121 | 4.7790 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,064 | 4.7844 GBP | |||
10p ordinary | SWAP | Increasing Short | 850 | 4.7934 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,114 | 4.7991 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,382 | 4.8061 GBP | |||
10p ordinary | SWAP | Increasing Short | 636 | 4.8372 GBP | |||
10p ordinary | SWAP | Decreasing Short | 660 | 4.7759 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8 | 4.7789 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,804 | 4.7929 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,113 | 4.7970 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,602 | 4.8003 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,529 | 4.8055 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,343 | 4.8085 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,970 | 4.8194 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,329 | 4.8198 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,296 | 4.8218 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,062 | 4.7790 GBP | |||
10p ordinary | SWAP | Increasing Short | 27 | 4.8040 GBP | |||
10p ordinary | SWAP | Increasing Short | 18 | 4.8080 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,584 | 4.8120 GBP | |||
10p ordinary | SWAP | Increasing Short | 344 | 4.8021 GBP | |||
10p ordinary | SWAP | Increasing Short | 35,280 | 4.7793 GBP | |||
10p ordinary | SWAP | Increasing Long | 13,924 | 4.8093 GBP | |||
10p ordinary | SWAP | Increasing Long | 21,830 | 4.8097 GBP | |||
10p ordinary | SWAP | Decreasing Long | 81,617 | 4.7780 GBP | |||
10p ordinary | SWAP | Opening Short | 59,693 | 4.7790 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: | 03 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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