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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: | 22 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: | 10,769,389 | 1.11% | 5,197,401 | 0.53% | |||
(2) Cash-settled derivatives: | 4,179,335 | 0.43% | 9,368,501 | 0.96% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 14,948,724 | 1.53% | 14,565,902 | 1.49% | |||
| | | | | | | |
(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 | 1665213 | 4.9900 GBP | 4.9571 GBP | |||
10p ordinary | Sale | 847759 | 5.0057 GBP | 4.9590 GBP | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10p ordinary | SWAP | Opening Long | 20,169 | 4.9682 GBP | |||
10p ordinary | SWAP | Decreasing Long | 27,742 | 4.9620 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,025 | 4.9657 GBP | |||
10p ordinary | SWAP | Decreasing Long | 7,519 | 4.9677 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,686 | 4.9682 GBP | |||
10p ordinary | SWAP | Decreasing Long | 169 | 4.9699 GBP | |||
10p ordinary | SWAP | Decreasing Long | 246 | 4.9700 GBP | |||
10p ordinary | SWAP | Decreasing Long | 380 | 4.9728 GBP | |||
10p ordinary | SWAP | Decreasing Long | 279 | 4.9734 GBP | |||
10p ordinary | SWAP | Decreasing Long | 562,200 | 4.9870 GBP | |||
10p ordinary | SWAP | Decreasing Short | 100 | 4.9839 GBP | |||
10p ordinary | CFD | Decreasing Short | 17,799 | 4.9688 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,877 | 4.9707 GBP | |||
10p ordinary | CFD | Decreasing Short | 14,238 | 4.9991 GBP | |||
10p ordinary | CFD | Increasing Short | 14,086 | 4.9619 GBP | |||
10p ordinary | CFD | Increasing Short | 1,756 | 4.9782 GBP | |||
10p ordinary | CFD | Increasing Short | 152 | 4.9842 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,386 | 4.9775 GBP | |||
10p ordinary | SWAP | Decreasing Short | 302 | 5.0018 GBP | |||
10p ordinary | SWAP | Opening Long | 209 | 4.9710 GBP | |||
10p ordinary | SWAP | Opening Short | 3,489 | 4.9622 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,600 | 4.9688 GBP | |||
10p ordinary | SWAP | Increasing Long | 10 | 4.9620 GBP | |||
10p ordinary | SWAP | Decreasing Long | 545 | 4.9571 GBP | |||
10p ordinary | SWAP | Decreasing Long | 96 | 4.9620 GBP | |||
10p ordinary | SWAP | Decreasing Long | 23,611 | 4.9624 GBP | |||
10p ordinary | SWAP | Decreasing Long | 318 | 4.9663 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,859 | 4.9665 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,953 | 4.9770 GBP | |||
10p ordinary | SWAP | Decreasing Short | 491 | 4.9768 GBP | |||
10p ordinary | SWAP | Decreasing Short | 215 | 4.9810 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,737 | 4.9873 GBP | |||
10p ordinary | SWAP | Decreasing Short | 196 | 4.9920 GBP | |||
10p ordinary | SWAP | Increasing Short | 80,442 | 4.9620 GBP | |||
10p ordinary | SWAP | Increasing Short | 43,774 | 4.9621 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,669 | 4.9722 GBP | |||
10p ordinary | SWAP | Increasing Short | 22,582 | 4.9797 GBP | |||
10p ordinary | SWAP | Decreasing Short | 471 | 4.9640 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,756 | 4.9649 GBP | |||
10p ordinary | SWAP | Decreasing Short | 635 | 4.9659 GBP | |||
10p ordinary | SWAP | Decreasing Short | 867 | 4.9660 GBP | |||
10p ordinary | SWAP | Decreasing Short | 30 | 4.9662 GBP | |||
10p ordinary | SWAP | Decreasing Short | 507 | 4.9663 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1 | 4.9669 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,929 | 4.9709 GBP | |||
10p ordinary | SWAP | Increasing Short | 81,802 | 4.9620 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,689 | 4.9703 GBP | |||
10p ordinary | SWAP | Increasing Short | 47 | 4.9740 GBP | |||
10p ordinary | SWAP | Increasing Short | 358 | 4.9749 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,314 | 4.9799 GBP | |||
10p ordinary | SWAP | Increasing Short | 293 | 4.9810 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,459 | 4.9855 GBP | |||
10p ordinary | SWAP | Increasing Short | 189 | 5.0060 GBP | |||
10p ordinary | SWAP | Decreasing Short | 626 | 4.9786 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,160 | 4.9616 GBP | |||
10p ordinary | SWAP | Decreasing Short | 797 | 4.9620 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,620 | 4.9700 GBP | |||
10p ordinary | SWAP | Increasing Short | 40,291 | 4.9620 GBP | |||
10p ordinary | SWAP | Increasing Short | 970 | 4.9754 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: | 23 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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