Form 8.5 (EPT/NON-RI) - Barratt Developments plc

21 August 2024, 11:42

Source - LSE Regulatory

RNS Number : 2927B

Barclays PLC

21 August 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:			20 Aug 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:				9,727,308	1.00%	3,796,770	0.39%
(2) Cash-settled derivatives:				2,862,271	0.29%	8,465,738	0.87%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				12,589,579	1.29%	12,262,508	1.26%

(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	2770330	5.5790 GBP	5.4897 GBP
10p ordinary	Sale	2529289	5.6120 GBP	5.4897 GBP
ADR	Purchase	6694	14.2700 USD	14.2700 USD
ADR	Sale	6694	14.2700 USD	14.2700 USD

(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 Short	8,950	5.4900 GBP
10p ordinary	CFD	Increasing Long	1,472	5.4979 GBP
10p ordinary	CFD	Increasing Long	5,268	5.5000 GBP
10p ordinary	CFD	Increasing Long	4,079	5.5203 GBP
10p ordinary	CFD	Increasing Long	12,008	5.5407 GBP
10p ordinary	CFD	Increasing Long	15,505	5.5633 GBP
10p ordinary	CFD	Increasing Long	1,177	5.5738 GBP
10p ordinary	CFD	Increasing Long	1,995	5.6110 GBP
10p ordinary	CFD	Decreasing Long	9,139	5.4900 GBP
10p ordinary	CFD	Decreasing Long	31,753	5.4904 GBP
10p ordinary	CFD	Decreasing Long	6,366	5.5609 GBP
10p ordinary	SWAP	Decreasing Short	13,368	5.5336 GBP
10p ordinary	SWAP	Increasing Short	100	5.6039 GBP
10p ordinary	SWAP	Closing Short	32	5.4900 GBP
10p ordinary	SWAP	Closing Short	16,200	5.5099 GBP
10p ordinary	SWAP	Decreasing Short	866	5.5365 GBP
10p ordinary	SWAP	Decreasing Short	250,000	5.5820 GBP
10p ordinary	SWAP	Decreasing Short	139,614	5.4897 GBP
10p ordinary	SWAP	Decreasing Short	81,362	5.5341 GBP
10p ordinary	SWAP	Increasing Short	818	5.4900 GBP
10p ordinary	SWAP	Increasing Short	79	5.5553 GBP
10p ordinary	SWAP	Decreasing Short	96,583	5.4975 GBP
10p ordinary	SWAP	Decreasing Short	1,457	5.5140 GBP
10p ordinary	SWAP	Decreasing Short	206,573	5.5210 GBP
10p ordinary	SWAP	Decreasing Short	500	5.5220 GBP
10p ordinary	SWAP	Decreasing Short	34,361	5.5560 GBP
10p ordinary	SWAP	Decreasing Short	1,321	5.5572 GBP
10p ordinary	SWAP	Opening Long	112,315	5.5607 GBP
10p ordinary	SWAP	Increasing Long	356	5.6120 GBP
10p ordinary	SWAP	Opening Short	128,133	5.4901 GBP
10p ordinary	SWAP	Increasing Short	46,477	5.4940 GBP
10p ordinary	SWAP	Increasing Short	127,083	5.5097 GBP
10p ordinary	SWAP	Increasing Short	1,700	5.5116 GBP
10p ordinary	SWAP	Increasing Short	519	5.5140 GBP
10p ordinary	SWAP	Increasing Short	64,175	5.5151 GBP
10p ordinary	SWAP	Increasing Short	209,299	5.5166 GBP
10p ordinary	SWAP	Increasing Short	905	5.5398 GBP
10p ordinary	SWAP	Increasing Short	219,543	5.5400 GBP
10p ordinary	SWAP	Increasing Short	1,877	5.5790 GBP
10p ordinary	SWAP	Decreasing Short	63,366	5.4899 GBP
10p ordinary	SWAP	Decreasing Short	84	5.5637 GBP
10p ordinary	SWAP	Decreasing Short	3,106	5.5709 GBP
10p ordinary	SWAP	Decreasing Short	2,400	5.5749 GBP
10p ordinary	SWAP	Decreasing Short	22,554	5.5868 GBP
10p ordinary	SWAP	Decreasing Short	9,815	5.5869 GBP
10p ordinary	SWAP	Decreasing Short	1,042	5.5954 GBP
10p ordinary	SWAP	Decreasing Short	8,946	5.5999 GBP
10p ordinary	SWAP	Decreasing Short	145	5.6018 GBP
10p ordinary	SWAP	Decreasing Short	715	5.6021 GBP
10p ordinary	SWAP	Decreasing Short	257	5.6031 GBP
10p ordinary	SWAP	Increasing Short	2,624	5.5095 GBP
10p ordinary	SWAP	Increasing Short	12,800	5.5134 GBP
10p ordinary	SWAP	Increasing Short	30,483	5.5166 GBP
10p ordinary	SWAP	Increasing Short	75,992	5.5172 GBP
10p ordinary	SWAP	Increasing Short	18,572	5.5187 GBP
10p ordinary	SWAP	Increasing Short	81,291	5.5190 GBP
10p ordinary	SWAP	Increasing Short	1,987	5.5204 GBP
10p ordinary	SWAP	Increasing Short	24,953	5.5239 GBP
10p ordinary	SWAP	Increasing Short	11,537	5.5247 GBP
10p ordinary	SWAP	Increasing Short	63	5.5680 GBP
10p ordinary	SWAP	Opening Short	15,480	5.4908 GBP
10p ordinary	SWAP	Increasing Short	39,265	5.4925 GBP
10p ordinary	SWAP	Decreasing Long	34,861	5.5130 GBP
10p ordinary	SWAP	Decreasing Short	1,583	5.5377 GBP
10p ordinary	SWAP	Increasing Long	96,864	5.5182 GBP
10p ordinary	SWAP	Increasing Long	35,568	5.5239 GBP
10p ordinary	SWAP	Increasing Long	1,627	5.5118 GBP
10p ordinary	SWAP	Increasing Long	428,781	5.5178 GBP
10p ordinary	SWAP	Increasing Long	928	5.5190 GBP
10p ordinary	SWAP	Increasing Long	22,939	5.5559 GBP
10p ordinary	SWAP	Increasing Long	45,196	5.5564 GBP
10p ordinary	SWAP	Decreasing Long	153,295	5.4900 GBP
10p ordinary	SWAP	Decreasing Long	247,657	5.5094 GBP
10p ordinary	SWAP	Decreasing Long	99,288	5.5159 GBP
10p ordinary	SWAP	Decreasing Long	45,654	5.5164 GBP
10p ordinary	SWAP	Decreasing Long	9,483	5.5173 GBP
10p ordinary	SWAP	Opening Short	217,753	5.5400 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:				21 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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END

FEOPBMMTMTITBTI

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