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FORM 8.5
(EPT/NON-RI)
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PUBLIC OPENING POSITION
DISCLOSURE/DEALING DISCLOSURE BY AN
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EXEMPT PRINCIPAL TRADER
WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
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(OR WHERE RI STATUS IS NOT
APPLICABLE)
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Rule 8.5 of the Takeover Code
(the "Code")
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1.
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KEY
INFORMATION
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(a)
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Name of exempt principal trader:
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BARCLAYS CAPITAL SECURITIES LTD
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(b)
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Name of offeror/offeree in relation to whose
relevant securities this form relates:
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BARRATT DEVELOPMENTS PLC
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(c)
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Name of the party to the offer with which exempt
principal trader is connected
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REDROW PLC
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(d)
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Date position held/dealing undertaken:
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02 May 2024
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(e)
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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?
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YES:
REDROW PLC
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2.
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POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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(a)
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Interests and short positions in the relevant securities of
the offeror or offeree
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to
which the disclosure relates following the dealing (if
any)
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Class of relevant security:
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10p
ordinary
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Interests
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Short
Positions
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Number
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(%)
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Number
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(%)
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(1)
Relevant securities owned and/or controlled:
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13,818,056
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1.42%
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6,102,166
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0.63%
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(2)
Cash-settled derivatives:
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5,197,524
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0.53%
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12,406,498
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1.27%
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(3)
Stock-settled derivatives (including options) and agreements to
purchase/sell:
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0
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0.00%
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0
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0.00%
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TOTAL:
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19,015,580
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1.95%
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18,508,664
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1.90%
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(b)
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Rights to subscribe for new securities (including directors
and other executive options)
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Class of relevant security in relation to
which subscription right exists
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Details, including nature of the rights
concerned and relevant percentages:
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3.
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DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL
TRADER
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(a)
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Purchase and sales
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Class of relevant
security
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Purchase/sale
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Total number of
securities
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Highest price per unit
paid/received
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Lowest price per unit
paid/received
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10p
ordinary
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Purchase
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528328
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4.6070
GBP
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4.5693
GBP
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10p
ordinary
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Sale
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594036
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4.6070
GBP
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4.5740
GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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10p
ordinary
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SWAP
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Decreasing
Long
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24
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4.5894
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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50
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4.5904
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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53
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4.6043
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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104
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4.5933
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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184
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4.5964
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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261
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4.6040
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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379
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4.5954
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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477
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4.5907
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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530
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4.5938
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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735
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4.5988
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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761
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4.5772
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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1,517
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4.5922
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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1,865
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4.5957
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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2,816
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4.5995
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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6,764
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4.5944
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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7,829
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4.5926
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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19,350
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4.6030
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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23,193
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4.5964
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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24,387
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4.6029
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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33
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4.5910
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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127
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4.5957
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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335
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4.5933
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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554
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4.5915
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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716
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4.5865
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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796
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4.5969
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,606
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4.5971
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,929
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4.5985
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,932
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4.5915
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,028
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4.5930
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,392
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4.6029
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,736
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4.5982
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,056
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4.5936
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,128
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4.5995
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,272
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4.5960
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,757
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4.5937
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,907
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4.5924
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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6,144
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4.5946
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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15,692
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4.6030
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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26,739
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4.6028
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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55,440
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4.6026
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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105,341
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4.5944
GBP
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10p
ordinary
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CFD
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Increasing
Long
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12
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4.6033
GBP
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10p
ordinary
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CFD
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Increasing
Long
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88
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4.5739
GBP
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10p
ordinary
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CFD
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Increasing
Long
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47,480
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4.5927
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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17
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4.5940
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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28
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4.5930
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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33
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4.6012
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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82
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4.5693
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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437
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4.5945
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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946
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4.5852
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,207
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4.5889
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,427
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4.5796
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,999
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4.5957
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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3,708
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4.5953
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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5,291
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4.5950
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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7,637
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4.5960
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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11,100
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4.6017
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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29,325
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4.5941
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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69,989
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4.6021
GBP
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(c)
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Stock-settled derivative transactions (including
options)
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(i)
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Writing, selling, purchasing or varying
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Class
of
relevant
security
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Product
description
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Writing,
purchasing,
selling,
varying etc
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Number
of
securities
to which
option
relates
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Exercise
price
per unit
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Type
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Expiry
date
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Option
money
paid/
received
per unit
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(ii)
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Exercising
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Class of relevant
security
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Product
description
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Exercising/ exercised
against
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Number of
securities
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Exercise price per
unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of relevant
security
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Nature of
Dealings
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Details
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Price per unit (if
applicable)
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4.
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OTHER INFORMATION
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(a)
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Indemnity and other dealings arrangements
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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:
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NONE
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(b)
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Agreements, arrangements or understandings relating to options
or derivatives
|
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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:
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NONE
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(c)
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Attachments
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Is
a Supplemental Form 8 (Open Positions) attached?
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NO
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Date of disclosure:
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03 May 2024
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Contact name:
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Large Holdings Regulatory
Operations
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Telephone number:
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020 3134
7213
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