3rd Jul 2024 13:35
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: | 02 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: | 11,303,846 | 1.16% | 6,512,465 | 0.67% | |||
(2) Cash-settled derivatives: | 5,632,581 | 0.58% | 9,938,775 | 1.02% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 16,936,427 | 1.74% | 16,451,240 | 1.69% | |||
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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 | 906996 | 4.8483 GBP | 4.7580 GBP | |||
10p ordinary | Sale | 664976 | 4.8481 GBP | 4.7506 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 | CFD | Decreasing Short | 46,573 | 4.7977 GBP | |||
10p ordinary | CFD | Increasing Short | 38,504 | 4.7790 GBP | |||
10p ordinary | CFD | Increasing Short | 43,753 | 4.7793 GBP | |||
10p ordinary | CFD | Increasing Short | 7,819 | 4.7901 GBP | |||
10p ordinary | CFD | Increasing Short | 3,090 | 4.7944 GBP | |||
10p ordinary | CFD | Increasing Short | 2,615 | 4.7947 GBP | |||
10p ordinary | CFD | Increasing Short | 250 | 4.8121 GBP | |||
10p ordinary | SWAP | Opening Short | 1,124 | 4.7792 GBP | |||
10p ordinary | SWAP | Increasing Short | 446 | 4.8226 GBP | |||
10p ordinary | SWAP | Opening Long | 6,993 | 4.7790 GBP | |||
10p ordinary | SWAP | Closing Long | 2 | 4.8150 GBP | |||
10p ordinary | SWAP | Increasing Short | 289 | 4.8038 GBP | |||
10p ordinary | SWAP | Increasing Short | 114,980 | 4.7971 GBP | |||
10p ordinary | SWAP | Increasing Long | 149 | 4.7506 GBP | |||
10p ordinary | SWAP | Increasing Long | 26,518 | 4.7853 GBP | |||
10p ordinary | SWAP | Increasing Long | 2,002 | 4.8120 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,261 | 4.8168 GBP | |||
10p ordinary | SWAP | Decreasing Short | 58 | 4.7470 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,656 | 4.7889 GBP | |||
10p ordinary | SWAP | Decreasing Short | 38,144 | 4.7918 GBP | |||
10p ordinary | SWAP | Decreasing Short | 86,819 | 4.8055 GBP | |||
10p ordinary | SWAP | Decreasing Short | 925 | 4.8128 GBP | |||
10p ordinary | SWAP | Decreasing Short | 147 | 4.8140 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,014 | 4.8168 GBP | |||
10p ordinary | SWAP | Increasing Short | 115,594 | 4.7780 GBP | |||
10p ordinary | SWAP | Increasing Short | 78,121 | 4.7790 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,064 | 4.7844 GBP | |||
10p ordinary | SWAP | Increasing Short | 850 | 4.7934 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,114 | 4.7991 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,382 | 4.8061 GBP | |||
10p ordinary | SWAP | Increasing Short | 636 | 4.8372 GBP | |||
10p ordinary | SWAP | Decreasing Short | 660 | 4.7759 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8 | 4.7789 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,804 | 4.7929 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,113 | 4.7970 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,602 | 4.8003 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,529 | 4.8055 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,343 | 4.8085 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,970 | 4.8194 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,329 | 4.8198 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,296 | 4.8218 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,062 | 4.7790 GBP | |||
10p ordinary | SWAP | Increasing Short | 27 | 4.8040 GBP | |||
10p ordinary | SWAP | Increasing Short | 18 | 4.8080 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,584 | 4.8120 GBP | |||
10p ordinary | SWAP | Increasing Short | 344 | 4.8021 GBP | |||
10p ordinary | SWAP | Increasing Short | 35,280 | 4.7793 GBP | |||
10p ordinary | SWAP | Increasing Long | 13,924 | 4.8093 GBP | |||
10p ordinary | SWAP | Increasing Long | 21,830 | 4.8097 GBP | |||
10p ordinary | SWAP | Decreasing Long | 81,617 | 4.7780 GBP | |||
10p ordinary | SWAP | Opening Short | 59,693 | 4.7790 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: | 03 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments