|
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
|
|
BARRATT DEVELOPMENTS PLC
|
|
|
relevant securities this form relates:
|
|
|
(c)
|
Name of the party to the offer with which
exempt
|
REDROW PLC
|
|
|
principal trader is connected
|
|
|
|
(d)
|
Date position held/dealing undertaken:
|
|
12
Aug 2024
|
|
(e)
|
In
addition to the company in 1(b) above, is the exempt
principal
|
YES:
|
|
|
|
|
trader making disclosures in respect of any other party to the
offer?
|
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:
|
|
|
9,860,360
|
1.01%
|
2,981,483
|
0.31%
|
|
(2)
|
Cash-settled derivatives:
|
|
|
|
|
|
|
and/or controlled:
|
|
|
2,098,670
|
0.22%
|
8,597,946
|
0.88%
|
|
(3)
|
Stock-settled derivatives (including
options)
|
|
|
|
|
|
|
and
agreements to purchase/sell:
|
|
|
0
|
0.00%
|
0
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL:
|
|
|
11,959,030
|
1.23%
|
11,579,429
|
1.19%
|
|
(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)
|
Purchases and sales
|
|
|
|
|
|
|
Class of
relevant
|
Purchase/sale
|
Total number
of
|
Highest price per
unit
|
Lowest price per
unit
|
|
security
|
|
securities
|
paid/received
|
paid/received
|
|
10p
ordinary
|
Purchase
|
446,674
|
5.2662 GBP
|
5.2330 GBP
|
|
10p
ordinary
|
Sale
|
576,380
|
5.2640 GBP
|
5.2290 GBP
|
|
|
|
|
|
|
|
|
|
|
(b)
|
Cash-settled derivative transactions
|
|
|
Class of
|
Product
|
Nature of
dealing
|
Number of
|
Price per
|
|
relevant
|
description
|
|
reference
|
unit
|
|
security
|
|
|
securities
|
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
4,531
|
5.2460 GBP
|
|
10p
ordinary
|
CFD
|
Increasing Long
|
12,655
|
5.2526 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
3,481
|
5.2523 GBP
|
|
10p
ordinary
|
CFD
|
Decreasing Long
|
17,186
|
5.2662 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
10,719
|
5.2468 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Long
|
4
|
5.2525 GBP
|
|
10p
ordinary
|
SWAP
|
Opening
Short
|
147
|
5.2259 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
5,700
|
5.2500 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
460
|
5.2553 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Long
|
141,499
|
5.2397 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
59,327
|
5.2459 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,033
|
5.2397 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,598
|
5.2359 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
436
|
5.2375 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
156
|
5.2416 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
909
|
5.2449 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
27,325
|
5.2467 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
86,951
|
5.2466 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
25,224
|
5.2520 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
79,639
|
5.2380 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
654
|
5.2400 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
4,827
|
5.2401 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
3,760
|
5.2454 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2
|
5.2460 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
19,522
|
5.2519 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
911
|
5.2540 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
337
|
5.2760 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,066
|
5.2413 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
8,320
|
5.2448 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,480
|
5.2465 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,496
|
5.2477 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
2,360
|
5.2484 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
4,746
|
5.2519 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
18,917
|
5.2466 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,001
|
5.2408 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
6,388
|
5.2416 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
481
|
5.2420 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,751
|
5.2424 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,606
|
5.2442 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
60,550
|
5.2460 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
7,714
|
5.2501 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,207
|
5.2540 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
1,807
|
5.2602 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,032
|
5.2642 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
832
|
5.2543 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Long
|
3,211
|
5.2503 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
6
|
5.2460 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
1,797
|
5.2474 GBP
|
|
10p
ordinary
|
SWAP
|
Decreasing Short
|
2,113
|
5.2491 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
5,083
|
5.2460 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,690
|
5.2516 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
3,916
|
5.2539 GBP
|
|
10p
ordinary
|
SWAP
|
Increasing Short
|
18,081
|
5.2380 GBP
|
|
|
|
|
|
|
|
|
|
|
(c)
|
Stock-settled derivative transactions (including
options)
|
|
|
(i)
|
Writing, selling, purchasing or varying
|
|
|
Class
|
Product
|
Writing,
|
Number
|
Exercise
|
Type
|
Expiry
|
Option
|
|
of
|
description
|
purchasing,
|
of
|
price
|
|
date
|
money
|
|
relevant
|
|
selling,
|
securities
|
per unit
|
|
|
paid/
|
|
security
|
|
varying etc
|
to which
|
|
|
|
received
|
|
|
|
|
option
|
|
|
|
per unit
|
|
|
|
|
relates
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(ii)
|
Exercising
|
|
|
|
|
|
|
|
Class of
relevant
|
Product
description
|
Exercising/ exercised
against
|
Number of
|
Exercise price
per
|
|
security
|
|
|
securities
|
unit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(d)
|
Other dealings (including subscribing for new
securities)
|
|
|
Class of
relevant
|
Nature of
Dealings
|
Details
|
Price per unit
(if
|
|
security
|
|
|
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:
|
13 Aug 2024
|
|
Contact name:
|
Large Holdings Regulatory
Operations
|
|
Telephone number:
|
020 3134
7213
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|