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
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BARRATT DEVELOPMENTS PLC
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relevant securities this form relates:
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(c)
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Name of the party to the offer with which
exempt
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REDROW PLC
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principal trader is connected
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(d)
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Date position held/dealing undertaken:
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13
Aug 2024
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(e)
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In
addition to the company in 1(b) above, is the exempt
principal
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YES:
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trader making disclosures in respect of any other party to the
offer?
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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)
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Relevant securities owned
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and/or controlled:
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9,921,501
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1.02%
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2,984,573
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0.31%
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(2)
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Cash-settled derivatives:
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and/or controlled:
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2,079,159
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0.21%
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8,633,012
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0.89%
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(3)
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Stock-settled derivatives (including
options)
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|
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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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12,000,660
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1.23%
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11,617,585
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1.19%
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(b)
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Rights to subscribe for new securities (including directors
and other executive
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options)
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Class of relevant security in relation to
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which subscription right exists
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Details, including nature of the rights
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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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Purchases and sales
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Class of
relevant
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Purchase/sale
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Total number
of
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Highest price per
unit
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Lowest price per
unit
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security
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securities
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paid/received
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paid/received
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10p
ordinary
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Purchase
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565,581
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5.2920 GBP
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5.2520 GBP
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10p
ordinary
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Sale
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507,530
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5.2900 GBP
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5.2520 GBP
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(b)
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Cash-settled derivative transactions
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Class of
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Product
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Nature of
dealing
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Number of
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Price per
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relevant
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description
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reference
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unit
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security
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securities
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10p
ordinary
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CFD
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Increasing Long
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665
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5.2655 GBP
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10p
ordinary
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CFD
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Increasing Long
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14,836
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5.2695 GBP
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10p
ordinary
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CFD
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Increasing Long
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7,068
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5.2768 GBP
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10p
ordinary
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CFD
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Increasing Long
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10,435
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5.2900 GBP
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10p
ordinary
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CFD
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Decreasing Long
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40,011
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5.2783 GBP
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10p
ordinary
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CFD
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Opening
Short
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25,271
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5.2860 GBP
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10p
ordinary
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CFD
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Increasing Short
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665
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5.2904 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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12,564
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5.2710 GBP
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10p
ordinary
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SWAP
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Increasing Short
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12
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5.2625 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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486
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5.2764 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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148,115
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5.2822 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,620
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5.2573 GBP
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10p
ordinary
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SWAP
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Increasing Short
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11,348
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5.2604 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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5.2723 GBP
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10p
ordinary
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SWAP
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Increasing Short
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889
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5.2743 GBP
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10p
ordinary
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SWAP
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Increasing Short
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32,251
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5.2752 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,123
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5.2807 GBP
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10p
ordinary
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SWAP
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Increasing Short
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1,748
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5.2822 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,946
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5.2828 GBP
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10p
ordinary
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SWAP
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Increasing Short
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118,915
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5.2858 GBP
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10p
ordinary
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SWAP
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Increasing Short
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61,237
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5.2873 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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460
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5.2820 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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19,068
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5.2842 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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1,668
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5.2888 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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39,091
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5.2891 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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903
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5.2900 GBP
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10p
ordinary
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SWAP
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Increasing Short
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1,010
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5.2631 GBP
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10p
ordinary
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SWAP
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Increasing Short
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533
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5.2660 GBP
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10p
ordinary
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SWAP
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Increasing Short
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82,250
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5.2737 GBP
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10p
ordinary
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SWAP
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Increasing Short
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242
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5.2790 GBP
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10p
ordinary
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SWAP
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Increasing Short
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741
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5.2873 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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5,712
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5.2767 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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6,064
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5.2793 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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38,847
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5.2805 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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11,944
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5.2819 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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28,012
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5.2820 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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5,008
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5.2821 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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4,553
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5.2843 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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4,253
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5.2848 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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4,825
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5.2865 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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2,056
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5.2874 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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35,081
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5.2899 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,546
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5.2660 GBP
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10p
ordinary
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SWAP
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Increasing Short
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1,328
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5.2666 GBP
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10p
ordinary
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SWAP
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Increasing Short
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2,684
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5.2716 GBP
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10p
ordinary
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SWAP
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Increasing Short
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18,682
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5.2758 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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967
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5.2752 GBP
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10p
ordinary
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SWAP
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Decreasing Short
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5
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5.2900 GBP
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10p
ordinary
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SWAP
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Increasing Short
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33,242
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5.2801 GBP
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10p
ordinary
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SWAP
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Increasing Short
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13,894
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5.2900 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
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Product
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Writing,
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Number
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Exercise
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Type
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Expiry
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Option
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of
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description
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purchasing,
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of
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price
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date
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money
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relevant
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selling,
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securities
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per unit
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paid/
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security
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varying etc
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to which
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received
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option
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per unit
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relates
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(ii)
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Exercising
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Class of
relevant
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Product
description
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Exercising/ exercised
against
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Number of
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Exercise price
per
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security
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securities
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unit
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(d)
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Other dealings (including subscribing for new
securities)
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Class of
relevant
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Nature of
Dealings
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Details
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Price per unit
(if
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security
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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,
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formal or informal, relating to relevant securities which may
be an inducement to deal
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or
refrain from dealing entered into by the exempt principal trader
making the disclosure and any party
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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
|
|
Details of any agreement, arrangement or understanding, formal
or informal, between
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the
exempt principal trader making the disclosure and any other person
relating to:
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(i) the voting rights of any relevant securities
under any option; or
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(ii) the voting rights of future acquisition or
disposal of any relevant securities to which
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any
derivative is referenced:
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NONE
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(c)
|
Attachments
|
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Is
a Supplemental Form 8 (Open Positions) attached?
|
NO
|
Date of disclosure:
|
14 Aug 2024
|
Contact name:
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Large Holdings Regulatory
Operations
|
Telephone number:
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020 3134
7213
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