4th Mar 2024 10:36
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: | 01 Mar 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: | 7,396,164 | 0.76% | 4,396,316 | 0.45% | |||
(2) Cash-settled derivatives: | 3,561,893 | 0.37% | 5,905,542 | 0.61% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 10,958,057 | 1.12% | 10,301,858 | 1.06% | |||
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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 | 1411600 | 4.7900 GBP | 4.6990 GBP | |||
10p ordinary | Sale | 2152139 | 4.7900 GBP | 4.6650 GBP | |||
ADR | Purchase | 10200 | 11.9729 USD | 11.9729 USD | |||
ADR | Sale | 10200 | 11.9729 USD | 11.9729 USD | |||
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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 | 1,047,550 | 4.7335 GBP | |||
10p ordinary | SWAP | Closing Short | 14,240 | 4.7337 GBP | |||
10p ordinary | CFD | Decreasing Long | 8 | 4.6987 GBP | |||
10p ordinary | CFD | Decreasing Long | 1,720 | 4.7903 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,134 | 4.6968 GBP | |||
10p ordinary | CFD | Decreasing Long | 4,668 | 4.7122 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,000 | 4.7615 GBP | |||
10p ordinary | CFD | Decreasing Long | 10,000 | 4.7784 GBP | |||
10p ordinary | CFD | Decreasing Long | 10,000 | 4.7426 GBP | |||
10p ordinary | CFD | Decreasing Long | 20,400 | 4.7900 GBP | |||
10p ordinary | SWAP | Decreasing Short | 75 | 4.7152 GBP | |||
10p ordinary | SWAP | Decreasing Short | 158 | 4.6970 GBP | |||
10p ordinary | SWAP | Decreasing Short | 423 | 4.7099 GBP | |||
10p ordinary | SWAP | Decreasing Short | 669 | 4.7103 GBP | |||
10p ordinary | SWAP | Decreasing Short | 712 | 4.7070 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,068 | 4.7411 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,132 | 4.7112 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,149 | 4.6840 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,216 | 4.7659 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,457 | 4.7136 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,656 | 4.7402 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,821 | 4.7111 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,275 | 4.6951 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,440 | 4.7430 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,241 | 4.7640 GBP | |||
10p ordinary | SWAP | Decreasing Short | 49,670 | 4.7900 GBP | |||
10p ordinary | SWAP | Decreasing Short | 59,334 | 4.6776 GBP | |||
10p ordinary | SWAP | Decreasing Short | 176,536 | 4.7669 GBP | |||
10p ordinary | CFD | Increasing Long | 701 | 4.7496 GBP | |||
10p ordinary | CFD | Increasing Long | 1,033 | 4.7601 GBP | |||
10p ordinary | CFD | Increasing Long | 1,116 | 4.7852 GBP | |||
10p ordinary | CFD | Increasing Long | 3,337 | 4.7900 GBP | |||
10p ordinary | CFD | Increasing Long | 4,693 | 4.7182 GBP | |||
10p ordinary | CFD | Increasing Long | 10,887 | 4.7554 GBP | |||
10p ordinary | SWAP | Increasing Long | 28,491 | 4.7898 GBP | |||
10p ordinary | SWAP | Increasing Short | 662 | 4.7200 GBP | |||
10p ordinary | SWAP | Increasing Short | 853 | 4.7268 GBP | |||
10p ordinary | SWAP | Increasing Short | 997 | 4.7680 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,169 | 4.7372 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,412 | 4.7325 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,460 | 4.7506 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,638 | 4.7900 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,398 | 4.7712 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,796 | 4.7516 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,490 | 4.7356 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,087 | 4.7030 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,467 | 4.7827 GBP | |||
10p ordinary | SWAP | Increasing Short | 34,336 | 4.7087 GBP | |||
10p ordinary | SWAP | Opening Long | 30,322 | 4.7363 GBP | |||
10p ordinary | SWAP | Opening Long | 49,061 | 4.7900 GBP | |||
10p ordinary | SWAP | Opening Long | 49,186 | 4.7692 GBP | |||
10p ordinary | SWAP | Opening Long | 118,714 | 4.6776 GBP | |||
10p ordinary | SWAP | Opening Long | 1,295,262 | 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: | 04 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments