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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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17 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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12,446,852
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1.28%
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5,307,557
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0.54%
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(2)
Cash-settled derivatives:
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4,363,278
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0.45%
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11,228,146
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1.15%
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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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16,810,130
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1.72%
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16,535,703
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1.70%
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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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552960
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5.2800
GBP
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5.1840
GBP
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ADR
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Purchase
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46972
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13.2691
USD
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12.8100
USD
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10p
ordinary
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Sale
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1816981
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5.2800
GBP
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5.1798
GBP
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ADR
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Sale
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1972
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13.2691
USD
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13.2691
USD
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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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Closing
Short
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147
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5.2433
GBP
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10p
ordinary
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SWAP
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Closing
Short
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207
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5.2019
GBP
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10p
ordinary
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SWAP
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Closing
Short
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291
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5.2440
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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1,522
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5.1604
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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30,000
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5.2028
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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38,637
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5.2363
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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41,808
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5.2444
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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55,423
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5.2311
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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67,283
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5.2312
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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76
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5.2419
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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266
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5.2300
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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547
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5.2262
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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789
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5.2325
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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900
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5.2402
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,143
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5.2464
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,058
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5.2154
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,027
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5.2294
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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6,338
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5.2344
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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7,185
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5.2391
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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9,292
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5.2439
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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11,065
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5.2446
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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14,102
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5.2423
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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14,583
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5.2415
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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17,750
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5.2222
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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20,663
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5.2373
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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55,985
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5.2440
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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76,944
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5.2374
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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80,724
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5.2406
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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130,680
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5.2430
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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150,845
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5.2409
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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186,670
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5.2413
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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246,142
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5.2393
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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283,926
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5.2602
GBP
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10p
ordinary
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CFD
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Increasing
Long
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2,085
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5.2028
GBP
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10p
ordinary
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CFD
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Increasing
Long
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3,494
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5.2457
GBP
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10p
ordinary
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CFD
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Increasing
Long
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4,105
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5.2411
GBP
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10p
ordinary
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CFD
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Increasing
Long
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4,791
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5.2492
GBP
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10p
ordinary
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CFD
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Increasing
Long
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7,418
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5.2292
GBP
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10p
ordinary
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CFD
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Increasing
Long
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10,938
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5.2800
GBP
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10p
ordinary
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CFD
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Increasing
Long
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20,741
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5.2453
GBP
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10p
ordinary
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CFD
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Increasing
Long
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48,927
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5.2440
GBP
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10p
ordinary
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CFD
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Increasing
Long
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168,481
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5.2795
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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10
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5.2500
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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75
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5.2369
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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650
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5.2452
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,257
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5.2420
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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4,036
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5.1985
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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4,807
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5.2308
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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13,435
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5.2440
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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125,842
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5.2521
GBP
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10p
ordinary
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CFD
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Opening
Long
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15,000
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13.1300
USD
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10p
ordinary
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CFD
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Opening
Long
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15,000
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12.8100
USD
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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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20 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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