7th Jun 2024 11:43
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: | 06 Jun 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: | 13,639,215 | 1.40% | 4,850,681 | 0.50% | |||
(2) Cash-settled derivatives: | 3,919,527 | 0.40% | 12,275,737 | 1.26% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 17,558,742 | 1.80% | 17,126,418 | 1.76% | |||
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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 | 584813 | 5.1180 GBP | 5.0740 GBP | |||
10p ordinary | Sale | 299653 | 5.1180 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 | Closing Short | 1 | 5.1000 GBP | |||
10p ordinary | SWAP | Closing Short | 441 | 5.1038 GBP | |||
10p ordinary | SWAP | Closing Short | 9,364 | 5.0957 GBP | |||
10p ordinary | SWAP | Closing Short | 9,797 | 5.0960 GBP | |||
10p ordinary | CFD | Decreasing Long | 998 | 5.1021 GBP | |||
10p ordinary | CFD | Decreasing Long | 5,022 | 5.0959 GBP | |||
10p ordinary | CFD | Decreasing Long | 6,027 | 5.0804 GBP | |||
10p ordinary | CFD | Decreasing Long | 115,351 | 5.1019 GBP | |||
10p ordinary | SWAP | Decreasing Short | 560 | 5.1001 GBP | |||
10p ordinary | SWAP | Decreasing Short | 678 | 5.0977 GBP | |||
10p ordinary | SWAP | Decreasing Short | 696 | 5.0940 GBP | |||
10p ordinary | SWAP | Decreasing Short | 894 | 5.0850 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,980 | 5.0918 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,082 | 5.0934 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,373 | 5.1016 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,723 | 5.0960 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,082 | 5.0959 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,832 | 5.0931 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,268 | 5.0948 GBP | |||
10p ordinary | SWAP | Decreasing Short | 71,621 | 5.0955 GBP | |||
10p ordinary | CFD | Increasing Long | 856 | 5.0955 GBP | |||
10p ordinary | CFD | Increasing Long | 6,020 | 5.0934 GBP | |||
10p ordinary | CFD | Increasing Long | 17,424 | 5.0974 GBP | |||
10p ordinary | CFD | Increasing Long | 22,886 | 5.0973 GBP | |||
10p ordinary | CFD | Increasing Long | 115,351 | 5.1019 GBP | |||
10p ordinary | SWAP | Increasing Short | 2 | 5.1100 GBP | |||
10p ordinary | SWAP | Increasing Short | 357 | 5.0820 GBP | |||
10p ordinary | SWAP | Increasing Short | 476 | 5.1020 GBP | |||
10p ordinary | SWAP | Increasing Short | 870 | 5.0854 GBP | |||
10p ordinary | SWAP | Increasing Short | 995 | 5.0982 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,930 | 5.0876 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,893 | 5.0883 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,030 | 5.0935 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,067 | 5.0944 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,032 | 5.0875 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,616 | 5.0934 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,103 | 5.0976 GBP | |||
10p ordinary | SWAP | Increasing Short | 10,511 | 5.0946 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,097 | 5.0913 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,926 | 5.0895 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,210 | 5.0940 GBP | |||
10p ordinary | SWAP | Increasing Short | 26,689 | 5.0792 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,403 | 5.0963 GBP | |||
10p ordinary | SWAP | Increasing Short | 44,307 | 5.0960 GBP | |||
10p ordinary | SWAP | Increasing Short | 72,703 | 5.0959 GBP | |||
10p ordinary | SWAP | Increasing Short | 93,083 | 5.0960 GBP | |||
10p ordinary | SWAP | Opening Short | 225 | 5.0860 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: | 07 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments