5th Jul 2024 11:45
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: | 04 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: | 11,424,606 | 1.17% | 6,668,176 | 0.68% | |||
(2) Cash-settled derivatives: | 5,608,970 | 0.58% | 10,048,770 | 1.03% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 17,033,576 | 1.75% | 16,716,946 | 1.72% | |||
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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 | 1040804 | 4.9460 GBP | 4.9045 GBP | |||
10p ordinary | Sale | 957141 | 4.9460 GBP | 4.9070 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 Short | 66 | 4.8999 GBP | |||
10p ordinary | CFD | Decreasing Short | 24,387 | 4.9169 GBP | |||
10p ordinary | CFD | Increasing Short | 8,432 | 4.9108 GBP | |||
10p ordinary | CFD | Increasing Short | 15,955 | 4.9200 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,466 | 4.9278 GBP | |||
10p ordinary | SWAP | Opening Short | 45 | 4.9280 GBP | |||
10p ordinary | SWAP | Closing Short | 93 | 4.9200 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2 | 4.9043 GBP | |||
10p ordinary | SWAP | Decreasing Long | 479 | 4.9119 GBP | |||
10p ordinary | SWAP | Decreasing Long | 729 | 4.9204 GBP | |||
10p ordinary | SWAP | Decreasing Long | 8,401 | 4.9207 GBP | |||
10p ordinary | SWAP | Decreasing Long | 13,985 | 4.9226 GBP | |||
10p ordinary | SWAP | Decreasing Long | 327 | 4.9233 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,395 | 4.9163 GBP | |||
10p ordinary | SWAP | Decreasing Short | 13,699 | 4.9197 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,024 | 4.9211 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,240 | 4.9280 GBP | |||
10p ordinary | SWAP | Decreasing Short | 385 | 4.9320 GBP | |||
10p ordinary | SWAP | Increasing Short | 98,378 | 4.9199 GBP | |||
10p ordinary | SWAP | Increasing Short | 228 | 4.9200 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,093 | 4.9218 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,917 | 4.9233 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,328 | 4.9235 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,714 | 4.9301 GBP | |||
10p ordinary | SWAP | Decreasing Short | 14 | 4.9132 GBP | |||
10p ordinary | SWAP | Decreasing Short | 822 | 4.9199 GBP | |||
10p ordinary | SWAP | Decreasing Short | 739 | 4.9200 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,701 | 4.9245 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,247 | 4.9253 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,645 | 4.9268 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,071 | 4.9282 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,150 | 4.9296 GBP | |||
10p ordinary | SWAP | Decreasing Short | 908 | 4.9307 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,707 | 4.9351 GBP | |||
10p ordinary | SWAP | Increasing Short | 315 | 4.9262 GBP | |||
10p ordinary | SWAP | Increasing Long | 143 | 4.9105 GBP | |||
10p ordinary | SWAP | Increasing Long | 10 | 4.9175 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,107 | 4.9198 GBP | |||
10p ordinary | SWAP | Increasing Long | 7,262 | 4.9199 GBP | |||
10p ordinary | SWAP | Increasing Long | 4,409 | 4.9220 GBP | |||
10p ordinary | SWAP | Increasing Long | 305 | 4.9224 GBP | |||
10p ordinary | SWAP | Increasing Long | 356 | 4.9247 GBP | |||
10p ordinary | SWAP | Increasing Long | 249 | 4.9284 GBP | |||
10p ordinary | SWAP | Increasing Long | 170 | 4.9308 GBP | |||
10p ordinary | SWAP | Increasing Short | 70,128 | 4.9200 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: | 05 Jul 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments