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

RNS Number : 7932H

Barclays PLC

21 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:			20 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:				7,870,363	0.81%	8,074,645	0.83%
(2) Cash-settled derivatives:				7,133,514	0.73%	6,434,125	0.66%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				15,003,877	1.54%	14,508,770	1.49%

(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	371736	4.6930 GBP	4.6660 GBP
10p ordinary	Sale	531135	4.6930 GBP	4.6690 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	Closing Long	56	4.6901 GBP
10p ordinary	SWAP	Closing Long	188	4.6862 GBP
10p ordinary	SWAP	Closing Long	866	4.6850 GBP
10p ordinary	SWAP	Closing Short	7,613	4.6852 GBP
10p ordinary	SWAP	Closing Short	15,363	4.6850 GBP
10p ordinary	SWAP	Decreasing Long	29	4.6890 GBP
10p ordinary	SWAP	Decreasing Long	44	4.6900 GBP
10p ordinary	SWAP	Decreasing Long	179	4.6847 GBP
10p ordinary	SWAP	Decreasing Long	242	4.6660 GBP
10p ordinary	CFD	Decreasing Long	545	4.6903 GBP
10p ordinary	SWAP	Decreasing Long	555	4.6883 GBP
10p ordinary	SWAP	Decreasing Long	769	4.6901 GBP
10p ordinary	CFD	Decreasing Long	1,082	4.6853 GBP
10p ordinary	SWAP	Decreasing Long	1,609	4.6889 GBP
10p ordinary	SWAP	Decreasing Long	1,948	4.6860 GBP
10p ordinary	SWAP	Decreasing Long	2,746	4.6829 GBP
10p ordinary	SWAP	Decreasing Long	3,871	4.6722 GBP
10p ordinary	SWAP	Decreasing Long	4,083	4.6809 GBP
10p ordinary	SWAP	Decreasing Long	5,597	4.6747 GBP
10p ordinary	CFD	Decreasing Long	28,765	4.6847 GBP
10p ordinary	SWAP	Decreasing Long	65,256	4.6850 GBP
10p ordinary	SWAP	Decreasing Short	1,548	4.6738 GBP
10p ordinary	SWAP	Decreasing Short	2,966	4.6788 GBP
10p ordinary	SWAP	Decreasing Short	3,061	4.6791 GBP
10p ordinary	SWAP	Decreasing Short	3,129	4.6750 GBP
10p ordinary	SWAP	Decreasing Short	3,401	4.6828 GBP
10p ordinary	SWAP	Decreasing Short	3,418	4.6767 GBP
10p ordinary	SWAP	Decreasing Short	10,220	4.6764 GBP
10p ordinary	SWAP	Decreasing Short	49,703	4.6849 GBP
10p ordinary	SWAP	Increasing Long	96	4.6869 GBP
10p ordinary	SWAP	Increasing Long	325	4.6881 GBP
10p ordinary	SWAP	Increasing Long	762	4.6854 GBP
10p ordinary	SWAP	Increasing Long	823	4.6872 GBP
10p ordinary	CFD	Increasing Long	1,082	4.6586 GBP
10p ordinary	SWAP	Increasing Long	1,184	4.6867 GBP
10p ordinary	CFD	Increasing Long	5,000	4.6845 GBP
10p ordinary	SWAP	Increasing Long	12,684	4.6849 GBP
10p ordinary	CFD	Increasing Long	17,372	4.6830 GBP
10p ordinary	CFD	Increasing Long	17,684	4.6848 GBP
10p ordinary	CFD	Increasing Long	19,159	4.6826 GBP
10p ordinary	CFD	Increasing Long	23,279	4.6850 GBP
10p ordinary	SWAP	Increasing Long	68,211	4.6850 GBP
10p ordinary	SWAP	Increasing Short	87	4.6901 GBP
10p ordinary	SWAP	Increasing Short	125	4.6828 GBP
10p ordinary	SWAP	Increasing Short	477	4.6844 GBP
10p ordinary	SWAP	Increasing Short	621	4.6889 GBP
10p ordinary	SWAP	Increasing Short	1,171	4.6780 GBP
10p ordinary	SWAP	Increasing Short	1,354	4.6779 GBP
10p ordinary	SWAP	Increasing Short	1,534	4.6834 GBP
10p ordinary	SWAP	Increasing Short	7,877	4.6832 GBP
10p ordinary	SWAP	Increasing Short	9,189	4.6804 GBP
10p ordinary	SWAP	Increasing Short	11,156	4.6829 GBP
10p ordinary	SWAP	Increasing Short	11,442	4.6845 GBP
10p ordinary	SWAP	Increasing Short	20,324	4.6850 GBP
10p ordinary	SWAP	Increasing Short	22,233	4.6847 GBP
10p ordinary	SWAP	Increasing Short	53,435	4.6815 GBP
10p ordinary	SWAP	Opening Short	12,000	4.6789 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 Mar 2024
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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