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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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14 Feb 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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3,906,600
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0.40%
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3,163,670
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0.32%
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(2)
Cash-settled derivatives:
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2,729,954
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0.28%
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2,909,119
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0.30%
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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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6,636,554
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0.68%
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6,072,789
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0.62%
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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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821176
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4.7990
GBP
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4.7139
GBP
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10p
ordinary
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Sale
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1036807
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4.7990
GBP
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4.7110
GBP
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ADR
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Purchase
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5200
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11.9440
USD
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11.9440
USD
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ADR
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Sale
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5200
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11.9440
USD
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11.9440
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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Closing
Short
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51,302
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4.7360
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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28
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4.7290
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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623
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4.7267
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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732
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4.7139
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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1,210
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4.7301
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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3,943
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4.7197
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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4,530
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4.7845
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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11,490
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4.7544
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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12,005
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4.7803
GBP
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10p
ordinary
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SWAP
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Decreasing
Long
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14,500
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4.7924
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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34,169
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4.7363
GBP
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10p
ordinary
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CFD
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Decreasing
Long
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97,576
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4.7556
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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137
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4.7760
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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383
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4.7711
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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636
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4.7490
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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690
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4.7530
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,451
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4.7589
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,516
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4.7302
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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1,871
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4.7551
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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2,780
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4.7543
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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3,363
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4.7539
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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7,330
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4.7545
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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12,260
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4.7358
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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13,945
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4.7662
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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19,038
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4.7778
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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54,745
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4.7584
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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71,623
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4.7597
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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163,268
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4.7359
GBP
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10p
ordinary
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SWAP
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Decreasing
Short
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172,094
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4.7592
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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251
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4.7678
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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826
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4.7721
GBP
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10p
ordinary
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CFD
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Increasing
Long
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1,700
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4.7753
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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2,496
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4.7670
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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2,509
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4.7650
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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2,802
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4.7675
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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3,667
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4.7573
GBP
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10p
ordinary
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CFD
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Increasing
Long
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3,669
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4.7558
GBP
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10p
ordinary
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CFD
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Increasing
Long
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3,695
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4.6816
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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11,665
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4.7758
GBP
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10p
ordinary
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CFD
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Increasing
Long
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11,707
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4.7595
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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14,500
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4.7452
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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16,647
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4.7715
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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16,816
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4.7359
GBP
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10p
ordinary
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CFD
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Increasing
Long
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25,979
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4.7359
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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32,469
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4.7575
GBP
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10p
ordinary
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SWAP
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Increasing
Long
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50,500
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4.7578
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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586
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4.7526
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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821
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4.7220
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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977
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4.7367
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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995
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4.7481
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,116
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4.7615
GBP
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10p
ordinary
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CFD
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Increasing
Short
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1,282
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4.7235
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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1,515
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4.7760
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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2,323
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4.7613
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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2,609
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4.7605
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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7,039
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4.7507
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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8,416
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4.7685
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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23,338
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4.7351
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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156,666
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4.7360
GBP
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10p
ordinary
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SWAP
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Increasing
Short
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178,174
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4.7360
GBP
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10p
ordinary
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SWAP
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Opening
Short
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605
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4.7494
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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15 Feb 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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