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

RNS Number : 1785G

Barclays PLC

08 March 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:			07 Mar 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:				8,521,346	0.87%	7,699,833	0.79%
(2) Cash-settled derivatives:				6,815,587	0.70%	6,943,899	0.71%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,336,933	1.57%	14,643,732	1.50%

(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	520119	4.7870 GBP	4.7260 GBP
10p ordinary	Sale	1689433	4.7910 GBP	4.7273 GBP
ADR	Purchase	6654	12.1559 USD	12.1559 USD
ADR	Sale	6654	12.1559 USD	12.1559 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	Closing Short	121	4.7730 GBP
10p ordinary	SWAP	Closing Short	1,493	4.7806 GBP
10p ordinary	SWAP	Closing Short	2,290	4.7822 GBP
10p ordinary	SWAP	Closing Short	3,586	4.7802 GBP
10p ordinary	CFD	Decreasing Long	1,974	4.7703 GBP
10p ordinary	CFD	Decreasing Long	13,659	4.7684 GBP
10p ordinary	CFD	Decreasing Long	16,549	4.7700 GBP
10p ordinary	SWAP	Decreasing Long	106,600	4.7725 GBP
10p ordinary	SWAP	Decreasing Short	409	4.7740 GBP
10p ordinary	SWAP	Decreasing Short	722	4.7270 GBP
10p ordinary	SWAP	Decreasing Short	1,149	4.7256 GBP
10p ordinary	SWAP	Decreasing Short	2,064	4.7483 GBP
10p ordinary	SWAP	Decreasing Short	3,543	4.7470 GBP
10p ordinary	SWAP	Decreasing Short	59,104	4.7675 GBP
10p ordinary	SWAP	Increasing Long	166	4.7637 GBP
10p ordinary	SWAP	Increasing Long	175	4.7628 GBP
10p ordinary	CFD	Increasing Long	309	4.7602 GBP
10p ordinary	SWAP	Increasing Long	936	4.7572 GBP
10p ordinary	SWAP	Increasing Long	2,260	4.7630 GBP
10p ordinary	SWAP	Increasing Long	2,372	4.7729 GBP
10p ordinary	CFD	Increasing Long	2,628	4.7859 GBP
10p ordinary	SWAP	Increasing Long	3,018	4.7559 GBP
10p ordinary	CFD	Increasing Long	3,295	4.7700 GBP
10p ordinary	SWAP	Increasing Long	3,842	4.7555 GBP
10p ordinary	SWAP	Increasing Long	4,886	4.7568 GBP
10p ordinary	CFD	Increasing Long	6,000	4.7634 GBP
10p ordinary	SWAP	Increasing Long	6,956	4.7640 GBP
10p ordinary	CFD	Increasing Long	11,175	4.7583 GBP
10p ordinary	SWAP	Increasing Long	11,909	4.7549 GBP
10p ordinary	SWAP	Increasing Long	19,915	4.7556 GBP
10p ordinary	SWAP	Increasing Long	26,980	4.7633 GBP
10p ordinary	SWAP	Increasing Long	29,245	4.7632 GBP
10p ordinary	SWAP	Increasing Long	54,573	4.7699 GBP
10p ordinary	SWAP	Increasing Long	116,309	4.7624 GBP
10p ordinary	SWAP	Increasing Long	908,500	4.7290 GBP
10p ordinary	SWAP	Increasing Short	354	4.7370 GBP
10p ordinary	SWAP	Increasing Short	1,333	4.7702 GBP
10p ordinary	SWAP	Increasing Short	1,394	4.7521 GBP
10p ordinary	SWAP	Increasing Short	3,276	4.7528 GBP
10p ordinary	SWAP	Increasing Short	9,007	4.7645 GBP
10p ordinary	SWAP	Increasing Short	11,015	4.7475 GBP
10p ordinary	SWAP	Increasing Short	14,428	4.7451 GBP
10p ordinary	SWAP	Increasing Short	14,839	4.7663 GBP
10p ordinary	SWAP	Increasing Short	18,021	4.7666 GBP
10p ordinary	SWAP	Increasing Short	31,311	4.7476 GBP
10p ordinary	SWAP	Increasing Short	70,257	4.7700 GBP
10p ordinary	SWAP	Opening Long	33	4.7565 GBP
10p ordinary	SWAP	Opening Long	345	4.7314 GBP
10p ordinary	SWAP	Opening Long	380	4.7445 GBP
10p ordinary	SWAP	Opening Long	433	4.7359 GBP
10p ordinary	SWAP	Opening Long	1,869	4.7328 GBP
10p ordinary	SWAP	Opening Long	6,027	4.7484 GBP
10p ordinary	SWAP	Opening Long	6,387	4.7513 GBP
10p ordinary	SWAP	Opening Long	23,456	4.7270 GBP
10p ordinary	SWAP	Opening Long	30,426	4.7607 GBP
10p ordinary	SWAP	Opening Long	134,543	4.7699 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:				08 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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