Form 8.5 (EPT/NON-RI) - Barratt Develop plc Amend

FORM 8.5 (EPT/NON-RI) Amendment 2a and 3b

Replaces form released at 11/07/2024 12:57 RNS Number : 0928W

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:

10 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:

11,007,887

1.13%

6,486,968

0.67%

(2) Cash-settled derivatives:

5,510,516

0.57%

9,592,802

0.98%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

16,518,403

1.69%

16,079,770

1.65%

(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

1398493

5.0259 GBP

4.7640 GBP

10p ordinary

Sale

1564820

4.9120 GBP

4.7640 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

Opening Long

19,955

4.8354 GBP

10p ordinary

SWAP

Decreasing Short

23,551

4.7805 GBP

10p ordinary

CFD

Decreasing Short

10,099

4.7914 GBP

10p ordinary

CFD

Decreasing Short

120,552

4.8014 GBP

10p ordinary

CFD

Opening Long

12,742

4.8316 GBP

10p ordinary

CFD

Increasing Long

3,485

4.8506 GBP

10p ordinary

CFD

Opening Short

27,714

4.8347 GBP

10p ordinary

CFD

Increasing Short

3,485

4.8503 GBP

10p ordinary

CFD

Increasing Short

92,838

4.8510 GBP

10p ordinary

CFD

Increasing Short

3,302

4.8606 GBP

10p ordinary

SWAP

Increasing Short

449

4.7870 GBP

10p ordinary

SWAP

Opening Long

18,021

4.8510 GBP

10p ordinary

SWAP

Increasing Long

234

4.8606 GBP

10p ordinary

SWAP

Closing Long

18,251

4.8512 GBP

10p ordinary

SWAP

Decreasing Short

13,197

4.8368 GBP

10p ordinary

SWAP

Decreasing Short

44,603

4.8506 GBP

10p ordinary

SWAP

Increasing Short

373

4.8133 GBP

10p ordinary

SWAP

Decreasing Short

165,479

4.7825 GBP

10p ordinary

SWAP

Decreasing Short

60,000

4.8072 GBP

10p ordinary

SWAP

Decreasing Short

25,000

4.8491 GBP

10p ordinary

SWAP

Decreasing Short

20,747

4.8502 GBP

10p ordinary

SWAP

Decreasing Short

20,000

4.8557 GBP

10p ordinary

SWAP

Decreasing Short

35,000

4.8627 GBP

10p ordinary

SWAP

Increasing Long

20,260

4.8381 GBP

10p ordinary

SWAP

Decreasing Long

2

4.7921 GBP

10p ordinary

SWAP

Decreasing Long

176,229

4.8528 GBP

10p ordinary

SWAP

Decreasing Long

2,575

4.8230 GBP

10p ordinary

SWAP

Decreasing Short

1,711

4.7806 GBP

10p ordinary

SWAP

Decreasing Short

46,940

4.8500 GBP

10p ordinary

SWAP

Decreasing Short

24,843

4.8514 GBP

10p ordinary

SWAP

Increasing Short

2,923

4.7748 GBP

10p ordinary

SWAP

Increasing Short

158,028

4.8213 GBP

10p ordinary

SWAP

Increasing Short

63,344

4.8510 GBP

10p ordinary

SWAP

Increasing Short

160

4.8590 GBP

10p ordinary

SWAP

Decreasing Short

18,022

4.8052 GBP

10p ordinary

SWAP

Decreasing Short

4,783

4.8225 GBP

10p ordinary

SWAP

Decreasing Short

17,375

4.8350 GBP

10p ordinary

SWAP

Decreasing Short

59,511

4.8372 GBP

10p ordinary

SWAP

Decreasing Short

8,212

4.8378 GBP

10p ordinary

SWAP

Decreasing Short

54,809

4.8433 GBP

10p ordinary

SWAP

Decreasing Short

18,902

4.8464 GBP

10p ordinary

SWAP

Opening Long

13,769

4.8477 GBP

10p ordinary

SWAP

Increasing Long

2,759

4.8567 GBP

10p ordinary

SWAP

Increasing Long

4,418

4.8573 GBP

10p ordinary

SWAP

Decreasing Long

4,096

4.7834 GBP

10p ordinary

SWAP

Opening Short

12,361

4.7873 GBP

10p ordinary

SWAP

Increasing Short

6,565

4.7876 GBP

10p ordinary

SWAP

Increasing Short

7,163

4.7993 GBP

10p ordinary

SWAP

Increasing Short

2,932

4.8107 GBP

10p ordinary

SWAP

Increasing Short

7,513

4.8404 GBP

10p ordinary

SWAP

Increasing Short

748

4.7924 GBP

10p ordinary

SWAP

Opening Short

1,718

4.8575 GBP

10p ordinary

SWAP

Increasing Short

102,000

4.7704 GBP

10p ordinary

SWAP

Increasing Short

102,000

4.8455 GBP

10p ordinary

SWAP

Decreasing Short

17,473

4.8588 GBP

10p ordinary

SWAP

Opening Long

188,671

4.9120 GBP

10p ordinary

SWAP

Opening Short

43,998

4.8136 GBP

10p ordinary

SWAP

Increasing Short

46,000

4.8510 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