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

23 August 2024, 11:47

Source - LSE Regulatory

RNS Number : 6245B

Barclays PLC

23 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:			22 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:				21,204,727	2.18%	5,168,467	0.53%
(2) Cash-settled derivatives:				4,253,222	0.44%	19,449,748	2.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				25,457,949	2.61%	24,618,215	2.53%

(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	2573681	5.5020 GBP	5.4494 GBP
10p ordinary	Sale	6041674	5.5028 GBP	5.4520 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	Decreasing Short	15,045	5.4788 GBP
10p ordinary	CFD	Increasing Long	1,317	5.4455 GBP
10p ordinary	CFD	Increasing Long	9,821	5.4590 GBP
10p ordinary	CFD	Increasing Long	84,320	5.4743 GBP
10p ordinary	CFD	Increasing Long	22,554	5.4789 GBP
10p ordinary	CFD	Increasing Long	181,305	5.5015 GBP
10p ordinary	CFD	Decreasing Long	14,496	5.4624 GBP
10p ordinary	CFD	Decreasing Long	18,709	5.4683 GBP
10p ordinary	CFD	Decreasing Long	6,549	5.4899 GBP
10p ordinary	CFD	Decreasing Long	1,317	5.5024 GBP
10p ordinary	SWAP	Opening Short	5,336	5.4876 GBP
10p ordinary	SWAP	Increasing Long	13,100	5.4588 GBP
10p ordinary	SWAP	Opening Long	25,519	5.4757 GBP
10p ordinary	SWAP	Decreasing Long	6,475	5.4661 GBP
10p ordinary	SWAP	Decreasing Long	14,952	5.5020 GBP
10p ordinary	SWAP	Closing Short	2,259,826	5.5020 GBP
10p ordinary	SWAP	Decreasing Short	16,715	5.4681 GBP
10p ordinary	SWAP	Decreasing Short	38,708	5.5020 GBP
10p ordinary	SWAP	Increasing Short	127	5.4972 GBP
10p ordinary	SWAP	Increasing Short	11	5.4984 GBP
10p ordinary	SWAP	Increasing Short	3,159	5.4494 GBP
10p ordinary	SWAP	Increasing Short	12,780	5.4524 GBP
10p ordinary	SWAP	Decreasing Short	55,262	5.4741 GBP
10p ordinary	SWAP	Decreasing Short	1,360	5.4773 GBP
10p ordinary	SWAP	Decreasing Short	423	5.4800 GBP
10p ordinary	SWAP	Decreasing Short	113,105	5.4821 GBP
10p ordinary	SWAP	Decreasing Short	770	5.4834 GBP
10p ordinary	SWAP	Decreasing Short	49,989	5.4954 GBP
10p ordinary	SWAP	Decreasing Short	266,583	5.5012 GBP
10p ordinary	SWAP	Decreasing Short	113,051	5.5020 GBP
10p ordinary	SWAP	Increasing Short	2,528	5.4460 GBP
10p ordinary	SWAP	Increasing Short	216	5.4540 GBP
10p ordinary	SWAP	Increasing Short	13,262	5.4590 GBP
10p ordinary	SWAP	Increasing Short	859	5.4600 GBP
10p ordinary	SWAP	Increasing Short	442	5.4660 GBP
10p ordinary	SWAP	Increasing Short	7,747	5.4701 GBP
10p ordinary	SWAP	Increasing Short	449	5.4720 GBP
10p ordinary	SWAP	Increasing Short	20	5.5020 GBP
10p ordinary	SWAP	Decreasing Short	49	5.4608 GBP
10p ordinary	SWAP	Decreasing Short	211	5.4779 GBP
10p ordinary	SWAP	Decreasing Short	2,922	5.4839 GBP
10p ordinary	SWAP	Decreasing Short	591	5.4846 GBP
10p ordinary	SWAP	Decreasing Short	338	5.4857 GBP
10p ordinary	SWAP	Decreasing Short	486	5.4865 GBP
10p ordinary	SWAP	Decreasing Short	6,488	5.4871 GBP
10p ordinary	SWAP	Decreasing Short	1,602	5.4881 GBP
10p ordinary	SWAP	Decreasing Short	16,633	5.4883 GBP
10p ordinary	SWAP	Decreasing Short	151	5.4899 GBP
10p ordinary	SWAP	Decreasing Short	414,986	5.5019 GBP
10p ordinary	SWAP	Increasing Short	1,899	5.4596 GBP
10p ordinary	SWAP	Increasing Short	708	5.4604 GBP
10p ordinary	SWAP	Increasing Short	158	5.4700 GBP
10p ordinary	SWAP	Increasing Short	1,635	5.4759 GBP
10p ordinary	SWAP	Increasing Short	89	5.4840 GBP
10p ordinary	SWAP	Closing Long	66,607	5.4590 GBP
10p ordinary	SWAP	Decreasing Short	560	5.4689 GBP
10p ordinary	SWAP	Increasing Short	280	5.4689 GBP
10p ordinary	SWAP	Increasing Long	21,979	5.4857 GBP
10p ordinary	SWAP	Increasing Long	26,457	5.5014 GBP
10p ordinary	SWAP	Decreasing Short	1,106	5.4794 GBP
10p ordinary	SWAP	Decreasing Short	1,417	5.4849 GBP
10p ordinary	SWAP	Decreasing Short	235,119	5.4916 GBP
10p ordinary	SWAP	Decreasing Short	608	5.4960 GBP
10p ordinary	SWAP	Increasing Short	13,273	5.4674 GBP
10p ordinary	SWAP	Increasing Short	12,686	5.4768 GBP
10p ordinary	SWAP	Increasing Short	8,817	5.5020 GBP
10p ordinary	SWAP	Increasing Long	27,218	5.4300 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:				23 Aug 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

FEOPPUQCRUPCGUW

Related Charts

Barclays PLC (BARC)

Most Read

Market Overview

UK 350 Risers and Fallers

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

Related Charts

Barclays PLC (BARC)

Most Read

Receive our daily news email

Subscribe to the latest investing news by entering your email address below

For five days a week you will get

Plus more useful investment content and occasional promotional offers.

Market Overview

UK 350 Risers and Fallers

Receive our
daily news email