8th Apr 2024 11:32
FORM 8.5 (EPT/NON-RI) | |||||||
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: | 05 Apr 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: | 9,627,336 | 0.99% | 5,633,360 | 0.58% | |||
(2) Cash-settled derivatives: | 4,766,862 | 0.49% | 8,251,749 | 0.85% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 14,394,198 | 1.48% | 13,885,109 | 1.42% | |||
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(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
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. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchase and sales |
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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 | 490468 | 4.6770 GBP | 4.6470 GBP | |||
10p ordinary | Sale | 588711 | 4.6810 GBP | 4.6459 GBP | |||
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(b) | Cash-settled derivative transactions | ||||||
Class of relevant security | Product description | Nature of dealing | Number of reference securities | Price per unit | |||
10p ordinary | SWAP | Closing Long | 1 | 4.6464 GBP | |||
10p ordinary | SWAP | Closing Long | 36 | 4.6459 GBP | |||
10p ordinary | SWAP | Closing Long | 161 | 4.6592 GBP | |||
10p ordinary | SWAP | Closing Long | 7,103 | 4.6549 GBP | |||
10p ordinary | SWAP | Decreasing Long | 451 | 4.6733 GBP | |||
10p ordinary | CFD | Decreasing Long | 752 | 4.6553 GBP | |||
10p ordinary | CFD | Decreasing Long | 2,000 | 4.6523 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,140 | 4.6724 GBP | |||
10p ordinary | CFD | Decreasing Long | 2,230 | 4.6583 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,984 | 4.6734 GBP | |||
10p ordinary | CFD | Decreasing Long | 8,413 | 4.6550 GBP | |||
10p ordinary | CFD | Decreasing Long | 17,895 | 4.6626 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,925 | 4.6806 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,255 | 4.6668 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14,664 | 4.6642 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,556 | 4.6556 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27,636 | 4.6639 GBP | |||
10p ordinary | SWAP | Decreasing Short | 53,688 | 4.6651 GBP | |||
10p ordinary | SWAP | Decreasing Short | 53,729 | 4.6550 GBP | |||
10p ordinary | SWAP | Decreasing Short | 104,654 | 4.6554 GBP | |||
10p ordinary | CFD | Increasing Long | 1 | 4.6600 GBP | |||
10p ordinary | CFD | Increasing Long | 752 | 4.6576 GBP | |||
10p ordinary | CFD | Increasing Long | 843 | 4.6550 GBP | |||
10p ordinary | CFD | Increasing Long | 6,826 | 4.6674 GBP | |||
10p ordinary | SWAP | Increasing Long | 11,155 | 4.6691 GBP | |||
10p ordinary | CFD | Increasing Long | 13,653 | 4.6583 GBP | |||
10p ordinary | CFD | Increasing Long | 15,113 | 4.6754 GBP | |||
10p ordinary | CFD | Increasing Long | 39,390 | 4.6683 GBP | |||
10p ordinary | SWAP | Increasing Short | 51 | 4.6519 GBP | |||
10p ordinary | SWAP | Increasing Short | 218 | 4.6770 GBP | |||
10p ordinary | SWAP | Increasing Short | 620 | 4.6662 GBP | |||
10p ordinary | SWAP | Increasing Short | 925 | 4.6667 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,040 | 4.6734 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,467 | 4.6765 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,771 | 4.6552 GBP | |||
10p ordinary | SWAP | Increasing Short | 20,296 | 4.6546 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,500 | 4.6756 GBP | |||
10p ordinary | SWAP | Increasing Short | 29,011 | 4.6576 GBP | |||
10p ordinary | SWAP | Increasing Short | 40,560 | 4.6683 GBP | |||
10p ordinary | SWAP | Increasing Short | 70,560 | 4.6553 GBP | |||
10p ordinary | SWAP | Opening Short | 263 | 4.6582 GBP | |||
10p ordinary | SWAP | Opening Short | 341 | 4.6530 GBP | |||
10p ordinary | SWAP | Opening Short | 1,136 | 4.6600 GBP | |||
10p ordinary | SWAP | Opening Short | 1,189 | 4.6722 GBP | |||
10p ordinary | SWAP | Opening Short | 1,519 | 4.6614 GBP | |||
10p ordinary | SWAP | Opening Short | 1,774 | 4.6550 GBP | |||
10p ordinary | SWAP | Opening Short | 1,788 | 4.6698 GBP | |||
10p ordinary | SWAP | Opening Short | 3,989 | 4.6608 GBP | |||
10p ordinary | SWAP | Opening Short | 4,304 | 4.6632 GBP | |||
10p ordinary | SWAP | Opening Short | 9,825 | 4.6563 GBP | |||
10p ordinary | SWAP | Opening Short | 12,347 | 4.6650 GBP | |||
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(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 |
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(ii) | Exercising |
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Class of relevant security | Product description | Exercising/ exercised against | Number of securities | Exercise price per unit | |||
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(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant security | Nature of Dealings | Details | Price per unit (if applicable) | ||||
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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: | 08 Apr 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments