FORM 8.5 (EPT/NON-RI) - Amendment to section 2a, 3a
and 3b
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Replaces form released on 11:48 21/02/2024
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RNS
Number : 9614D
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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
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REDROW 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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20-Feb-24
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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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BARRATT DEVELOPMENTS 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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10.5p 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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7,289,855
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2.20%
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2,681,566
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0.81%
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(2)
Cash-settled derivatives:
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1,353,648
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0.40%
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7,085,041
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2.14%
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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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8,643,503
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2.60%
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9,766,607
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2.95%
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TOTAL:
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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
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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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Purchase 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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10.5p
ordinary
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Purchase
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393527
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6.7550
GBP
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6.6800
GBP
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10.5p
ordinary
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Sale
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189260
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6.7599
GBP
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6.6700
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
description
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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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reference
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unit
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security
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securities
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10.5p
ordinary
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SWAP
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Decreasing
Long
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114
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6.7200
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Long
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170
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6.7140
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Long
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360
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6.7083
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Long
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2,367
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6.7081
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Short
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100
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6.7049
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Short
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394
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6.6700
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Short
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1,473
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6.7200
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Short
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2,448
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6.7075
GBP
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10.5p
ordinary
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CFD
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Decreasing
Short
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8,679
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6.6800
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Short
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10,532
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6.7321
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Short
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14,052
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6.7205
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Short
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19,554
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6.7278
GBP
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10.5p
ordinary
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SWAP
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Decreasing
Short
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25,810
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6.7285
GBP
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10.5p
ordinary
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SWAP
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Increasing
Long
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16
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6.7599
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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1
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6.7200
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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131
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6.7000
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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205
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6.7150
GBP
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10.5p
ordinary
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CFD
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Increasing
Short
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310
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6.6800
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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350
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6.7366
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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644
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6.7250
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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689
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6.7259
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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913
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6.7080
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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920
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6.7117
GBP
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10.5p
ordinary
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CFD
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Increasing
Short
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1,060
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6.6809
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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2,246
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6.7311
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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3,974
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6.7119
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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5,003
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6.7301
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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62,435
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6.7285
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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88,625
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6.7291
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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100,000
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6.7154
GBP
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10.5p
ordinary
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SWAP
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Increasing
Short
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20,000
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6.7210
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, 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
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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)
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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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11-Apr-24
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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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