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

25 July 2024, 11:49

Source - LSE Regulatory

RNS Number : 8704X

Barclays PLC

25 July 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:			24 Jul 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:				10,546,960	1.08%	4,939,396	0.51%
(2) Cash-settled derivatives:				3,926,764	0.40%	9,188,792	0.94%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				14,473,724	1.49%	14,128,188	1.45%

(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	955844	5.0700 GBP	4.9460 GBP
10p ordinary	Sale	1296835	5.0726 GBP	4.9482 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	Opening Long	1,100	4.9943 GBP
10p ordinary	SWAP	Decreasing Short	100	4.9940 GBP
10p ordinary	CFD	Decreasing Short	8,924	4.9633 GBP
10p ordinary	CFD	Decreasing Short	67	5.0091 GBP
10p ordinary	CFD	Decreasing Short	4,832	5.0171 GBP
10p ordinary	CFD	Decreasing Short	404	5.0237 GBP
10p ordinary	CFD	Decreasing Short	418	5.0336 GBP
10p ordinary	CFD	Decreasing Short	10,000	5.0655 GBP
10p ordinary	CFD	Opening Long	56,898	5.0660 GBP
10p ordinary	CFD	Decreasing Long	12,412	4.9842 GBP
10p ordinary	CFD	Decreasing Long	8,302	4.9885 GBP
10p ordinary	CFD	Decreasing Long	18,627	5.0273 GBP
10p ordinary	SWAP	Decreasing Short	2,696	4.9698 GBP
10p ordinary	SWAP	Decreasing Short	77	5.0040 GBP
10p ordinary	SWAP	Opening Long	47,442	5.0361 GBP
10p ordinary	SWAP	Increasing Long	5,869	5.0660 GBP
10p ordinary	SWAP	Decreasing Long	8	4.9500 GBP
10p ordinary	SWAP	Closing Long	10,397	5.0331 GBP
10p ordinary	SWAP	Increasing Long	1,490	5.0066 GBP
10p ordinary	SWAP	Increasing Long	1,190	5.0216 GBP
10p ordinary	SWAP	Increasing Long	680	5.0257 GBP
10p ordinary	SWAP	Increasing Long	508	5.0283 GBP
10p ordinary	SWAP	Increasing Long	900	5.0337 GBP
10p ordinary	SWAP	Increasing Long	736	5.0356 GBP
10p ordinary	SWAP	Increasing Long	704	5.0428 GBP
10p ordinary	SWAP	Increasing Long	616	5.0457 GBP
10p ordinary	SWAP	Increasing Long	44,538	5.0620 GBP
10p ordinary	SWAP	Decreasing Long	10	5.0662 GBP
10p ordinary	SWAP	Decreasing Short	31,250	4.9560 GBP
10p ordinary	SWAP	Decreasing Short	895	4.9702 GBP
10p ordinary	SWAP	Decreasing Short	2,121	4.9714 GBP
10p ordinary	SWAP	Decreasing Short	83,195	5.0089 GBP
10p ordinary	SWAP	Decreasing Short	40,569	5.0640 GBP
10p ordinary	SWAP	Increasing Short	452	4.9460 GBP
10p ordinary	SWAP	Increasing Short	3,768	4.9850 GBP
10p ordinary	SWAP	Increasing Short	17,175	5.0019 GBP
10p ordinary	SWAP	Increasing Short	32,042	5.0660 GBP
10p ordinary	SWAP	Decreasing Short	1,322	5.0039 GBP
10p ordinary	SWAP	Decreasing Short	569	5.0040 GBP
10p ordinary	SWAP	Decreasing Short	7,802	5.0056 GBP
10p ordinary	SWAP	Decreasing Short	1,000	5.0059 GBP
10p ordinary	SWAP	Decreasing Short	51,283	5.0236 GBP
10p ordinary	SWAP	Decreasing Short	20	5.0319 GBP
10p ordinary	SWAP	Decreasing Short	144	5.0361 GBP
10p ordinary	SWAP	Increasing Short	9,810	5.0193 GBP
10p ordinary	SWAP	Increasing Short	1,947	5.0253 GBP
10p ordinary	SWAP	Increasing Short	24,722	5.0264 GBP
10p ordinary	SWAP	Increasing Short	10,295	5.0271 GBP
10p ordinary	SWAP	Increasing Short	7,302	5.0316 GBP
10p ordinary	SWAP	Increasing Short	5,442	5.0344 GBP
10p ordinary	SWAP	Increasing Short	5,307	5.0360 GBP
10p ordinary	SWAP	Increasing Short	8,894	5.0441 GBP
10p ordinary	SWAP	Increasing Short	5,054	5.0448 GBP
10p ordinary	SWAP	Increasing Short	556	5.0660 GBP
10p ordinary	SWAP	Increasing Short	121	5.0680 GBP
10p ordinary	SWAP	Decreasing Short	330	4.9693 GBP
10p ordinary	SWAP	Decreasing Short	154	5.0380 GBP
10p ordinary	SWAP	Increasing Short	308	5.0380 GBP
10p ordinary	SWAP	Closing Short	3,545	5.0658 GBP
10p ordinary	SWAP	Decreasing Short	31,250	4.9560 GBP
10p ordinary	SWAP	Decreasing Short	47,845	5.0160 GBP
10p ordinary	SWAP	Decreasing Short	1	5.0660 GBP
10p ordinary	SWAP	Increasing Short	17,424	5.0660 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:				25 Jul 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOPPUACMUPCGUA

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