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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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10 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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14,039,609
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1.44%
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5,431,921
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0.56%
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(2)
Cash-settled derivatives:
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4,631,441
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0.48%
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12,858,787
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1.32%
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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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18,671,050
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1.92%
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18,290,708
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1.88%
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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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2545675
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4.9850
GBP
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4.9240
GBP
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10p
ordinary
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Sale
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1283547
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4.9870
GBP
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4.9240
GBP
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ADR
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Purchase
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260
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12.3600
USD
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12.3600
USD
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ADR
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Sale
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260
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12.3600
USD
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12.3600
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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Decreasing
Long
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2
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4.9388
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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81
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4.9534
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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197
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4.9476
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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205
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4.9691
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
|
401
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4.9470
GBP
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|
10p
ordinary
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SWAP
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Decreasing
Long
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454
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4.9471
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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460
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4.9624
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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557
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4.9629
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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735
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4.9374
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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1,307
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4.9612
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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1,819
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4.9555
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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2,466
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4.9637
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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5,098
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4.9606
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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7,061
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4.9533
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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10,847
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4.9373
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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11,664
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4.9370
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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16,131
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4.9370
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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53,748
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4.9563
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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19
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4.9859
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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27
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4.9669
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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518
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4.9586
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,762
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4.9570
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,848
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4.9554
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,103
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4.9520
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,044
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4.9486
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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5,625
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4.9513
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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11,549
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4.9381
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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11,705
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4.9571
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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13,170
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4.9629
GBP
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10p
ordinary
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CFD
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Increasing
Long
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995
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4.9560
GBP
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10p
ordinary
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CFD
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Increasing
Long
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1,851
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4.9647
GBP
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10p
ordinary
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CFD
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Increasing
Long
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2,784
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4.9643
GBP
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10p
ordinary
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CFD
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Increasing
Long
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9,473
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4.9533
GBP
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10p
ordinary
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CFD
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Increasing
Long
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12,833
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4.9719
GBP
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10p
ordinary
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CFD
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Increasing
Long
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24,397
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4.9370
GBP
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10p
ordinary
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CFD
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Increasing
Long
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31,542
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4.9369
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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38
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4.9716
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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182
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4.9550
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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862
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4.9656
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,256
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4.9665
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,292
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4.9666
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,662
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4.9570
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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2,360
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4.9626
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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2,438
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4.9568
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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6,623
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4.9639
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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8,865
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4.9627
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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16,730
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4.9339
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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17,168
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4.9577
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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37,817
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4.9680
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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38,391
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4.9618
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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49,170
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4.9372
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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49,564
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4.9620
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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94,725
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4.9582
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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99,287
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4.9673
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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151,266
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4.9481
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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154,346
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4.9623
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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239,116
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4.9636
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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350,984
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4.9370
GBP
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10p
ordinary
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SWAP
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Opening
Short
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67
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4.9529
GBP
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10p
ordinary
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SWAP
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Opening
Short
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191
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4.9729
GBP
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10p
ordinary
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SWAP
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Opening
Short
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1,310
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4.9372
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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13 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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