Form 8.5 (EPT/NON-RI)REDROW PLC

RNS Number : 8345C

Barclays PLC

12 February 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:			REDROW PLC
(c)	Name of the party to the offer with which exempt principal trader is connected			REDROW PLC
(d)	Date position held/dealing undertaken:			09 Feb 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: BARRATT DEVELOPMENTS 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:				10.5p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				5,003,897	1.51%	2,795,565	0.85%
(2) Cash-settled derivatives:				1,532,237	0.46%	4,807,640	1.45%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				6,536,134	1.98%	7,603,205	2.30%

(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
10.5p ordinary	Purchase	836213	6.8836 GBP	6.7173 GBP
10.5p ordinary	Sale	227856	6.7950 GBP	6.7400 GBP

(b)	Cash-settled derivative transactions
Class of relevant security	Product description	Nature of dealing	Number of reference securities	Price per unit
10.5p ordinary	SWAP	Closing Short	98	6.7747 GBP
10.5p ordinary	SWAP	Closing Short	16,456	6.7616 GBP
10.5p ordinary	SWAP	Decreasing Long	184	6.7900 GBP
10.5p ordinary	SWAP	Decreasing Long	204	6.7730 GBP
10.5p ordinary	SWAP	Decreasing Long	2,401	6.7801 GBP
10.5p ordinary	SWAP	Decreasing Long	3,249	6.7596 GBP
10.5p ordinary	SWAP	Decreasing Long	4,392	6.7534 GBP
10.5p ordinary	SWAP	Decreasing Short	150	6.7800 GBP
10.5p ordinary	SWAP	Decreasing Short	310	6.7773 GBP
10.5p ordinary	SWAP	Decreasing Short	3,637	6.7674 GBP
10.5p ordinary	CFD	Decreasing Short	4,477	6.7690 GBP
10.5p ordinary	SWAP	Decreasing Short	6,300	6.7805 GBP
10.5p ordinary	SWAP	Decreasing Short	7,269	6.7794 GBP
10.5p ordinary	SWAP	Decreasing Short	8,202	6.7897 GBP
10.5p ordinary	SWAP	Decreasing Short	9,109	6.7744 GBP
10.5p ordinary	CFD	Decreasing Short	15,075	6.7400 GBP
10.5p ordinary	SWAP	Decreasing Short	17,784	6.7750 GBP
10.5p ordinary	SWAP	Decreasing Short	28,782	6.7744 GBP
10.5p ordinary	SWAP	Increasing Long	41	6.7349 GBP
10.5p ordinary	SWAP	Increasing Long	75	6.7545 GBP
10.5p ordinary	SWAP	Increasing Long	111	6.7324 GBP
10.5p ordinary	SWAP	Increasing Long	243	6.7473 GBP
10.5p ordinary	SWAP	Increasing Long	2,149	6.7299 GBP
10.5p ordinary	SWAP	Increasing Short	97	6.7700 GBP
10.5p ordinary	SWAP	Increasing Short	208	6.7662 GBP
10.5p ordinary	SWAP	Increasing Short	245	6.7660 GBP
10.5p ordinary	SWAP	Increasing Short	336	6.7644 GBP
10.5p ordinary	SWAP	Increasing Short	346	6.7575 GBP
10.5p ordinary	SWAP	Increasing Short	391	6.7550 GBP
10.5p ordinary	SWAP	Increasing Short	568	6.7560 GBP
10.5p ordinary	SWAP	Increasing Short	1,026	6.7384 GBP
10.5p ordinary	SWAP	Increasing Short	4,329	6.7522 GBP
10.5p ordinary	SWAP	Increasing Short	5,764	6.7633 GBP
10.5p ordinary	SWAP	Increasing Short	8,637	6.7714 GBP
10.5p ordinary	CFD	Increasing Short	9,572	6.7755 GBP
10.5p ordinary	SWAP	Increasing Short	14,306	6.7747 GBP
10.5p ordinary	SWAP	Increasing Short	31,738	6.7748 GBP
10.5p ordinary	SWAP	Increasing Short	33,138	6.7579 GBP
10.5p ordinary	SWAP	Increasing Short	42,000	6.7755 GBP
10.5p ordinary	CFD	Increasing Short	45,426	6.7692 GBP
10.5p ordinary	SWAP	Increasing Short	139,045	6.7620 GBP
10.5p ordinary	SWAP	Increasing Short	291,882	6.7623 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:				12 Feb 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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