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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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30 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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12,912,415
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1.32%
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5,006,795
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0.51%
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(2)
Cash-settled derivatives:
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4,079,472
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0.42%
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11,516,883
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1.18%
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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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16,991,887
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1.74%
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16,523,678
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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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1765832
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5.0380
GBP
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4.9472
GBP
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10p
ordinary
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Sale
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1743556
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5.0320
GBP
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4.9680
GBP
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ADR
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Purchase
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598
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12.7400
USD
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12.7400
USD
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ADR
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Sale
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598
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12.7400
USD
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12.7400
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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1,026
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4.9494
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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1,771
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5.0285
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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9,959
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4.9471
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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15,144
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5.0031
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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16,811
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5.0300
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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36,902
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5.0104
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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514
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4.9981
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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574
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4.9250
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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605
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5.0320
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,214
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5.0020
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,000
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5.0291
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,430
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5.0289
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,466
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5.0138
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,338
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5.0211
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,595
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5.0224
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,612
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4.9877
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,949
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5.0267
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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4,599
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5.0248
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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4,750
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5.0271
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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4,846
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5.0188
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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5,814
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5.0169
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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6,921
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4.9814
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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7,900
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5.0283
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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8,107
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5.0118
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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8,557
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5.0149
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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9,647
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5.0142
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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18,672
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5.0135
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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20,252
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5.0146
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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25,479
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5.0178
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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39,945
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5.0125
GBP
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10p
ordinary
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CFD
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Increasing
Long
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120
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4.9356
GBP
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10p
ordinary
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CFD
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Increasing
Long
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158
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5.0198
GBP
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10p
ordinary
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CFD
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Increasing
Long
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638
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5.0130
GBP
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10p
ordinary
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CFD
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Increasing
Long
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1,173
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4.9246
GBP
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10p
ordinary
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CFD
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Increasing
Long
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14,148
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5.0215
GBP
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10p
ordinary
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CFD
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Increasing
Long
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26,770
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5.0228
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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18
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5.0060
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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35
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5.0040
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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156
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4.9239
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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501
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5.0011
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,242
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5.0201
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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2,083
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5.0020
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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3,180
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5.0146
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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7,521
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5.0215
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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23,005
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5.0185
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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30,215
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5.0300
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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43,752
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5.0218
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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61,330
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5.0300
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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71,568
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5.0289
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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31 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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