29th Jul 2024 11:34
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: | 26 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: | 10,749,216 | 1.10% | 4,841,833 | 0.50% | |||
(2) Cash-settled derivatives: | 3,828,540 | 0.39% | 9,336,112 | 0.96% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 14,577,756 | 1.50% | 14,177,945 | 1.45% | |||
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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 | 910127 | 5.1980 GBP | 5.0735 GBP | |||
10p ordinary | Sale | 432743 | 5.1980 GBP | 5.0740 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 | Decreasing Long | 12,720 | 5.0910 GBP | |||
10p ordinary | SWAP | Opening Long | 7,356 | 5.1980 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,806 | 5.1980 GBP | |||
10p ordinary | CFD | Increasing Long | 874 | 5.1309 GBP | |||
10p ordinary | CFD | Increasing Long | 96,028 | 5.1975 GBP | |||
10p ordinary | CFD | Increasing Long | 11,775 | 5.1980 GBP | |||
10p ordinary | CFD | Decreasing Long | 1,858 | 5.0785 GBP | |||
10p ordinary | CFD | Decreasing Long | 544 | 5.0804 GBP | |||
10p ordinary | CFD | Decreasing Long | 12,649 | 5.1056 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,666 | 5.1130 GBP | |||
10p ordinary | SWAP | Opening Long | 4 | 5.1550 GBP | |||
10p ordinary | SWAP | Opening Short | 27 | 5.1551 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,427 | 5.1982 GBP | |||
10p ordinary | SWAP | Increasing Long | 600 | 5.1550 GBP | |||
10p ordinary | SWAP | Increasing Long | 3,062 | 5.1785 GBP | |||
10p ordinary | SWAP | Increasing Long | 2 | 5.1977 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,794 | 5.0979 GBP | |||
10p ordinary | SWAP | Decreasing Short | 279 | 5.1158 GBP | |||
10p ordinary | SWAP | Decreasing Short | 10,607 | 5.1234 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,530 | 5.1859 GBP | |||
10p ordinary | SWAP | Decreasing Short | 30,226 | 5.1980 GBP | |||
10p ordinary | SWAP | Increasing Short | 251 | 5.0800 GBP | |||
10p ordinary | SWAP | Increasing Short | 136 | 5.0880 GBP | |||
10p ordinary | SWAP | Increasing Short | 117,054 | 5.0920 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,536 | 5.1129 GBP | |||
10p ordinary | SWAP | Increasing Short | 176,770 | 5.1309 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,373 | 5.1426 GBP | |||
10p ordinary | SWAP | Increasing Short | 54,287 | 5.1823 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,186 | 5.1275 GBP | |||
10p ordinary | SWAP | Decreasing Short | 237 | 5.1339 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,181 | 5.1377 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,484 | 5.1380 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,544 | 5.1396 GBP | |||
10p ordinary | SWAP | Decreasing Short | 63 | 5.1465 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,536 | 5.1474 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,818 | 5.1496 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,900 | 5.1513 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,938 | 5.1522 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,845 | 5.0932 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,173 | 5.1286 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,620 | 5.1576 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,861 | 5.1580 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,929 | 5.1587 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,369 | 5.1599 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,907 | 5.1602 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,149 | 5.1604 GBP | |||
10p ordinary | SWAP | Increasing Short | 339 | 5.1617 GBP | |||
10p ordinary | SWAP | Increasing Short | 127,858 | 5.1980 GBP | |||
10p ordinary | SWAP | Increasing Long | 10,044 | 5.1979 GBP | |||
10p ordinary | SWAP | Decreasing Short | 656 | 5.1120 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,927 | 5.1561 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,174 | 5.1980 GBP | |||
10p ordinary | SWAP | Increasing Short | 61,438 | 5.1349 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: | 29 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments