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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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13 Jun 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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11,940,886
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1.23%
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4,663,311
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0.48%
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(2)
Cash-settled derivatives:
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3,787,866
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0.39%
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10,616,719
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1.09%
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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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15,728,752
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1.61%
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15,280,030
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1.57%
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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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813775
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5.0694
GBP
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4.9774
GBP
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10p
ordinary
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Sale
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1178299
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5.0842
GBP
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4.9750
GBP
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(b)
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Cash-settled derivative transactions
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Class of
relevant
security
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Product
description
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Nature of
dealing
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Number of
reference
securities
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Price per
unit
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10p
ordinary
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SWAP
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Closing
Short
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401
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4.9916
GBP
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10p
ordinary
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CFD
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Closing
Short
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1,154
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5.0024
GBP
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10p
ordinary
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CFD
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Closing
Short
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3,335
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5.0566
GBP
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10p
ordinary
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CFD
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Closing
Short
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5,354
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5.0420
GBP
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10p
ordinary
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SWAP
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Closing
Short
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9,056
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5.0020
GBP
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10p
ordinary
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SWAP
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Closing
Short
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10,967
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5.0017
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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8,582
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5.0223
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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14,830
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5.0210
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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673
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5.0303
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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982
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5.0141
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,142
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4.9932
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,110
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5.0062
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,075
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5.0168
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,938
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4.9998
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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6,231
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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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7,101
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5.0096
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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7,298
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5.0200
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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7,738
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4.9940
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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10,745
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4.9907
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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15,509
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5.0035
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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16,422
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5.0019
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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17,468
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5.0032
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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21,068
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4.9978
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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26,904
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5.0070
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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40,320
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5.0016
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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43,056
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5.0024
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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115,171
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5.0020
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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1,772
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4.9907
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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4,925
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4.9909
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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83,313
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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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464
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5.0360
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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605
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5.0700
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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609
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5.0480
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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2,925
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5.0315
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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7,295
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5.0359
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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22,100
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4.9979
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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22,851
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5.0018
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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22,904
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5.0227
GBP
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10p
ordinary
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CFD
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Opening
Long
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282
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5.0842
GBP
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10p
ordinary
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CFD
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Opening
Long
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1,154
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5.0695
GBP
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10p
ordinary
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CFD
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Opening
Long
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8,361
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4.9966
GBP
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10p
ordinary
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SWAP
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Opening
Long
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20,619
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5.0372
GBP
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10p
ordinary
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SWAP
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Opening
Long
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43,119
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5.0315
GBP
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10p
ordinary
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CFD
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Opening
Long
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44,116
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5.0015
GBP
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10p
ordinary
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SWAP
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Opening
Short
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8,673
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5.0055
GBP
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10p
ordinary
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SWAP
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Opening
Short
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14,589
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5.0265
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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14 Jun 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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