17th Jul 2024 11:40
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: | 16 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: | 10,889,731 | 1.12% | 6,211,310 | 0.64% | |||
(2) Cash-settled derivatives: | 5,229,226 | 0.54% | 9,535,940 | 0.98% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 16,118,957 | 1.65% | 15,747,250 | 1.62% | |||
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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 | 718008 | 5.0000 GBP | 4.9630 GBP | |||
10p ordinary | Sale | 503776 | 5.0027 GBP | 4.9596 GBP | |||
ADR | Purchase | 3000 | 12.8450 USD | 12.8450 USD | |||
ADR | Sale | 3000 | 12.8450 USD | 12.8450 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 | Opening Long | 20,845 | 4.9875 GBP | |||
10p ordinary | CFD | Decreasing Short | 11,270 | 4.9785 GBP | |||
10p ordinary | CFD | Decreasing Short | 2,059 | 4.9786 GBP | |||
10p ordinary | CFD | Decreasing Short | 870 | 4.9787 GBP | |||
10p ordinary | CFD | Decreasing Short | 15,402 | 4.9903 GBP | |||
10p ordinary | CFD | Decreasing Short | 930 | 4.9925 GBP | |||
10p ordinary | CFD | Increasing Short | 18,195 | 4.9895 GBP | |||
10p ordinary | CFD | Increasing Short | 3,827 | 4.9929 GBP | |||
10p ordinary | CFD | Increasing Short | 10,000 | 5.0004 GBP | |||
10p ordinary | SWAP | Decreasing Short | 419 | 4.9687 GBP | |||
10p ordinary | SWAP | Increasing Short | 619 | 4.9768 GBP | |||
10p ordinary | SWAP | Decreasing Short | 22,400 | 4.9890 GBP | |||
10p ordinary | SWAP | Increasing Long | 342 | 4.9596 GBP | |||
10p ordinary | SWAP | Increasing Long | 3,178 | 4.9673 GBP | |||
10p ordinary | SWAP | Increasing Long | 100 | 4.9713 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,389 | 4.9809 GBP | |||
10p ordinary | SWAP | Increasing Long | 342 | 4.9926 GBP | |||
10p ordinary | SWAP | Increasing Long | 15,308 | 4.9929 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2 | 4.9930 GBP | |||
10p ordinary | SWAP | Decreasing Short | 27 | 4.9300 GBP | |||
10p ordinary | SWAP | Decreasing Short | 9,298 | 4.9733 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,341 | 4.9754 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,479 | 4.9888 GBP | |||
10p ordinary | SWAP | Decreasing Short | 31,339 | 4.9904 GBP | |||
10p ordinary | SWAP | Decreasing Short | 343 | 4.9940 GBP | |||
10p ordinary | SWAP | Increasing Short | 477 | 4.9471 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,237 | 4.9702 GBP | |||
10p ordinary | SWAP | Increasing Short | 507 | 4.9760 GBP | |||
10p ordinary | SWAP | Increasing Short | 17,732 | 4.9766 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,031 | 4.9881 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,070 | 4.9919 GBP | |||
10p ordinary | SWAP | Increasing Short | 42,619 | 4.9930 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18 | 4.9619 GBP | |||
10p ordinary | SWAP | Decreasing Short | 117 | 4.9689 GBP | |||
10p ordinary | SWAP | Decreasing Short | 241 | 4.9709 GBP | |||
10p ordinary | SWAP | Decreasing Short | 21,496 | 4.9929 GBP | |||
10p ordinary | SWAP | Decreasing Short | 94 | 4.9961 GBP | |||
10p ordinary | SWAP | Increasing Short | 31,572 | 4.9864 GBP | |||
10p ordinary | SWAP | Increasing Short | 40,728 | 4.9869 GBP | |||
10p ordinary | SWAP | Increasing Short | 30,531 | 4.9885 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,711 | 4.9890 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,165 | 4.9895 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,038 | 4.9904 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,952 | 4.9906 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,259 | 4.9923 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,574 | 4.9930 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,636 | 4.9961 GBP | |||
10p ordinary | SWAP | Increasing Short | 18,920 | 4.9805 GBP | |||
10p ordinary | SWAP | Increasing Short | 21,671 | 4.9820 GBP | |||
10p ordinary | SWAP | Increasing Short | 56,506 | 4.9930 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: | 17 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments