11th Jun 2024 14:54
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: | 10 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: | 13,101,709 | 1.34% | 4,657,808 | 0.48% | |||
(2) Cash-settled derivatives: | 3,712,951 | 0.38% | 11,725,989 | 1.20% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 16,814,660 | 1.73% | 16,383,797 | 1.68% | |||
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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 | 694051 | 5.0240 GBP | 4.9611 GBP | |||
10p ordinary | Sale | 1086859 | 5.0240 GBP | 4.9620 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 | 169 | 5.0179 GBP | |||
10p ordinary | SWAP | Closing Short | 5,807 | 5.0101 GBP | |||
10p ordinary | SWAP | Closing Short | 23,575 | 5.0180 GBP | |||
10p ordinary | SWAP | Closing Short | 34,691 | 5.0133 GBP | |||
10p ordinary | SWAP | Decreasing Long | 85 | 5.0104 GBP | |||
10p ordinary | CFD | Decreasing Long | 556 | 4.9746 GBP | |||
10p ordinary | CFD | Decreasing Long | 1,639 | 5.0179 GBP | |||
10p ordinary | CFD | Decreasing Long | 2,035 | 5.0017 GBP | |||
10p ordinary | CFD | Decreasing Long | 2,430 | 5.0184 GBP | |||
10p ordinary | CFD | Decreasing Long | 17,330 | 4.9971 GBP | |||
10p ordinary | CFD | Decreasing Long | 38,541 | 5.0030 GBP | |||
10p ordinary | CFD | Decreasing Long | 171,588 | 5.0199 GBP | |||
10p ordinary | SWAP | Decreasing Long | 342,513 | 5.0100 GBP | |||
10p ordinary | SWAP | Decreasing Short | 32 | 4.9840 GBP | |||
10p ordinary | SWAP | Decreasing Short | 408 | 4.9791 GBP | |||
10p ordinary | SWAP | Decreasing Short | 665 | 5.0054 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,291 | 4.9958 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,423 | 5.0059 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,338 | 5.0058 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,881 | 5.0065 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,990 | 5.0004 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,158 | 5.0193 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,414 | 5.0046 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,876 | 5.0081 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,028 | 5.0030 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,099 | 5.0072 GBP | |||
10p ordinary | SWAP | Decreasing Short | 15,961 | 5.0159 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,196 | 5.0026 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,339 | 5.0116 GBP | |||
10p ordinary | SWAP | Decreasing Short | 25,059 | 5.0158 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28,105 | 5.0179 GBP | |||
10p ordinary | SWAP | Decreasing Short | 51,644 | 5.0025 GBP | |||
10p ordinary | SWAP | Decreasing Short | 54,557 | 5.0160 GBP | |||
10p ordinary | SWAP | Decreasing Short | 73,673 | 5.0180 GBP | |||
10p ordinary | SWAP | Decreasing Short | 75,600 | 5.0176 GBP | |||
10p ordinary | SWAP | Decreasing Short | 216,000 | 5.0107 GBP | |||
10p ordinary | CFD | Increasing Long | 183 | 4.9916 GBP | |||
10p ordinary | CFD | Increasing Long | 781 | 5.0099 GBP | |||
10p ordinary | CFD | Increasing Long | 1,203 | 4.9766 GBP | |||
10p ordinary | CFD | Increasing Long | 2,195 | 4.9691 GBP | |||
10p ordinary | CFD | Increasing Long | 2,430 | 4.9706 GBP | |||
10p ordinary | SWAP | Increasing Long | 342,513 | 5.0100 GBP | |||
10p ordinary | SWAP | Increasing Short | 35 | 4.9722 GBP | |||
10p ordinary | SWAP | Increasing Short | 64 | 4.9840 GBP | |||
10p ordinary | SWAP | Increasing Short | 111 | 4.9760 GBP | |||
10p ordinary | SWAP | Increasing Short | 169 | 4.9660 GBP | |||
10p ordinary | SWAP | Increasing Short | 521 | 5.0166 GBP | |||
10p ordinary | SWAP | Increasing Short | 533 | 4.9860 GBP | |||
10p ordinary | SWAP | Increasing Short | 665 | 5.0060 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,718 | 4.9768 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,960 | 4.9845 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,679 | 5.0183 GBP | |||
10p ordinary | SWAP | Increasing Short | 9,110 | 5.0090 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,021 | 5.0151 GBP | |||
10p ordinary | SWAP | Increasing Short | 22,281 | 5.0171 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: | 11 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments