15th Jul 2024 18:16
FORM 8.5 (EPT/NON-RI) Amendment to 2a and 3bReplaces form released at 12/07/2024 11:19 RNS Number : 2499W | |||||||
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN | |||||||
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS | |||||||
(OR WHERE RI STATUS IS NOT APPLICABLE) | |||||||
Rule 8.5 of the Takeover Code (the "Code") | |||||||
1. | KEY INFORMATION | ||||||
(a) | Name of exempt principal trader: | BARCLAYS CAPITAL SECURITIES LTD | |||||
(b) | Name of offeror/offeree in relation to whose relevant securities this form relates: | BARRATT DEVELOPMENTS PLC | |||||
(c) | Name of the party to the offer with which exempt principal trader is connected | REDROW PLC | |||||
(d) | Date position held/dealing undertaken: | 11 Jul 2024 | |||||
(e) | 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? | YES: REDROW PLC | |||||
2. | POSITIONS OF THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Interests and short positions in the relevant securities of the offeror or offeree | ||||||
| to which the disclosure relates following the dealing (if any) | ||||||
Class of relevant security: | 10p ordinary | ||||||
Interests | Short Positions | ||||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 11,225,505 | 1.15% | 6,555,137 | 0.67% | |||
(2) Cash-settled derivatives: | 5,578,501 | 0.57% | 9,847,356 | 1.01% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 16,804,006 | 1.72% | 16,402,493 | 1.68% | |||
| |||||||
(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to which subscription right exists |
| ||||||
Details, including nature of the rights concerned and relevant percentages: |
| ||||||
3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchase and sales |
| |||||
Class of relevant security | Purchase/sale | Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received | |||
10p ordinary | Purchase | 1096754 | 4.9510 GBP | 4.8190 GBP | |||
10p ordinary | Sale | 947505 | 4.9510 GBP | 4.8190 GBP | |||
| |||||||
(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | SWAP | Decreasing Short | 354 | 4.8335 GBP | |||
10p ordinary | CFD | Decreasing Short | 23,685 | 4.8332 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,503 | 4.9170 GBP | |||
10p ordinary | CFD | Decreasing Short | 1,163 | 4.9506 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,271 | 4.9509 GBP | |||
10p ordinary | CFD | Increasing Short | 7,944 | 4.8304 GBP | |||
10p ordinary | CFD | Increasing Short | 2,000 | 4.8442 GBP | |||
10p ordinary | CFD | Increasing Short | 1,163 | 4.8783 GBP | |||
10p ordinary | CFD | Increasing Short | 19,012 | 4.9509 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,745 | 4.9156 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,468 | 4.9239 GBP | |||
10p ordinary | SWAP | Decreasing Short | 85,432 | 4.9506 GBP | |||
10p ordinary | SWAP | Increasing Short | 385 | 4.8267 GBP | |||
10p ordinary | SWAP | Increasing Long | 3,841 | 4.8306 GBP | |||
10p ordinary | SWAP | Increasing Long | 7,369 | 4.8682 GBP | |||
10p ordinary | SWAP | Increasing Long | 9,442 | 4.9223 GBP | |||
10p ordinary | SWAP | Increasing Long | 508 | 4.9326 GBP | |||
10p ordinary | SWAP | Increasing Long | 47,131 | 4.9463 GBP | |||
10p ordinary | SWAP | Closing Long | 306 | 4.8220 GBP | |||
10p ordinary | SWAP | Decreasing Short | 474 | 4.8365 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,222 | 4.8421 GBP | |||
10p ordinary | SWAP | Decreasing Short | 40,793 | 4.8723 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,763 | 4.9461 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,865 | 4.8481 GBP | |||
10p ordinary | SWAP | Increasing Short | 877 | 4.8623 GBP | |||
10p ordinary | SWAP | Increasing Short | 33,868 | 4.8955 GBP | |||
10p ordinary | SWAP | Increasing Short | 140,776 | 4.9151 GBP | |||
10p ordinary | SWAP | Increasing Short | 206,146 | 4.9507 GBP | |||
10p ordinary | SWAP | Decreasing Short | 208 | 4.8300 GBP | |||
10p ordinary | SWAP | Decreasing Short | 60 | 4.8395 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13 | 4.8429 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,096 | 4.8830 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,253 | 4.8897 GBP | |||
10p ordinary | SWAP | Opening Long | 3,398 | 4.9304 GBP | |||
10p ordinary | SWAP | Increasing Long | 11,248 | 4.9372 GBP | |||
10p ordinary | SWAP | Increasing Long | 12,538 | 4.9509 GBP | |||
10p ordinary | SWAP | Decreasing Long | 12,181 | 4.8355 GBP | |||
10p ordinary | SWAP | Decreasing Long | 240 | 4.9140 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,101 | 4.9145 GBP | |||
10p ordinary | SWAP | Decreasing Long | 300 | 4.9170 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,978 | 4.9270 GBP | |||
10p ordinary | SWAP | Opening Short | 9,633 | 4.9287 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,084 | 4.9294 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,478 | 4.9295 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,250 | 4.9347 GBP | |||
10p ordinary | SWAP | Increasing Short | 616 | 4.8372 GBP | |||
10p ordinary | SWAP | Closing Short | 1,718 | 4.9458 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,021 | 4.8550 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13,883 | 4.8772 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,696 | 4.9247 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,138 | 4.9361 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,642 | 4.9510 GBP | |||
| |||||||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class of relevant security | Product description | Writing, purchasing, selling, varying etc | Number of securities to which option relates | Exercise price per unit | Type | Expiry date | Option money paid/ received per unit |
|
|
|
|
|
|
|
|
| |||||||
(ii) | Exercising |
| |||||
Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
|
|
|
|
| |||
| |||||||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if applicable) | ||||
|
|
|
| ||||
4. | OTHER INFORMATION | ||||||
(a) | Indemnity and other dealings arrangements | ||||||
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: | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
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: | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 15 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments