4th Jun 2024 11:34
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: | 03 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: | 13,312,450 | 1.37% | 4,952,497 | 0.51% | |||
(2) Cash-settled derivatives: | 3,940,197 | 0.40% | 11,880,166 | 1.22% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 17,252,647 | 1.77% | 16,832,663 | 1.73% | |||
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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 | 992104 | 5.1014 GBP | 5.0400 GBP | |||
10p ordinary | Sale | 656924 | 5.1126 GBP | 5.0400 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 Long | 4 | 5.0405 GBP | |||
10p ordinary | SWAP | Decreasing Long | 388 | 5.0645 GBP | |||
10p ordinary | CFD | Decreasing Long | 605 | 5.0964 GBP | |||
10p ordinary | SWAP | Decreasing Long | 756 | 5.0438 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,161 | 5.0662 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,295 | 5.0525 GBP | |||
10p ordinary | CFD | Decreasing Long | 1,408 | 5.0955 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,422 | 5.0477 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,911 | 5.0464 GBP | |||
10p ordinary | SWAP | Decreasing Long | 4,191 | 5.0494 GBP | |||
10p ordinary | SWAP | Decreasing Long | 5,155 | 5.0820 GBP | |||
10p ordinary | SWAP | Decreasing Long | 7,497 | 5.0606 GBP | |||
10p ordinary | SWAP | Decreasing Long | 8,057 | 5.0460 GBP | |||
10p ordinary | SWAP | Decreasing Long | 12,703 | 5.0480 GBP | |||
10p ordinary | SWAP | Decreasing Long | 22,393 | 5.0630 GBP | |||
10p ordinary | CFD | Decreasing Long | 35,068 | 5.0538 GBP | |||
10p ordinary | SWAP | Decreasing Short | 132 | 5.0620 GBP | |||
10p ordinary | SWAP | Decreasing Short | 150 | 5.0599 GBP | |||
10p ordinary | SWAP | Decreasing Short | 413 | 5.0960 GBP | |||
10p ordinary | SWAP | Decreasing Short | 581 | 5.0980 GBP | |||
10p ordinary | SWAP | Decreasing Short | 660 | 5.0719 GBP | |||
10p ordinary | SWAP | Decreasing Short | 774 | 5.0538 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,210 | 5.0805 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,361 | 5.0759 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,592 | 5.0633 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,700 | 5.0513 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,747 | 5.0781 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,758 | 5.0566 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,419 | 5.0681 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,694 | 5.0778 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,405 | 5.0695 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,847 | 5.0517 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,200 | 5.0574 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,620 | 5.0665 GBP | |||
10p ordinary | SWAP | Decreasing Short | 8,316 | 5.0879 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,250 | 5.0522 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,010 | 5.0796 GBP | |||
10p ordinary | SWAP | Decreasing Short | 19,280 | 5.0538 GBP | |||
10p ordinary | SWAP | Decreasing Short | 34,410 | 5.0478 GBP | |||
10p ordinary | SWAP | Decreasing Short | 64,987 | 5.0593 GBP | |||
10p ordinary | SWAP | Increasing Long | 78 | 5.0784 GBP | |||
10p ordinary | SWAP | Increasing Long | 88 | 5.0619 GBP | |||
10p ordinary | SWAP | Increasing Long | 267 | 5.0614 GBP | |||
10p ordinary | SWAP | Increasing Long | 401 | 5.0807 GBP | |||
10p ordinary | SWAP | Increasing Long | 453 | 5.0806 GBP | |||
10p ordinary | CFD | Increasing Long | 605 | 5.0476 GBP | |||
10p ordinary | CFD | Increasing Long | 629 | 5.1126 GBP | |||
10p ordinary | SWAP | Increasing Long | 692 | 5.0600 GBP | |||
10p ordinary | SWAP | Increasing Long | 737 | 5.0632 GBP | |||
10p ordinary | CFD | Increasing Long | 779 | 5.0479 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,358 | 5.0574 GBP | |||
10p ordinary | CFD | Increasing Long | 1,614 | 5.0534 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,829 | 5.0645 GBP | |||
10p ordinary | SWAP | Increasing Long | 2,220 | 5.0582 GBP | |||
10p ordinary | SWAP | Increasing Long | 2,252 | 5.0604 GBP | |||
10p ordinary | SWAP | Increasing Long | 2,277 | 5.0575 GBP | |||
10p ordinary | CFD | Increasing Long | 2,816 | 5.0955 GBP | |||
10p ordinary | SWAP | Increasing Long | 5,105 | 5.0617 GBP | |||
10p ordinary | SWAP | Increasing Long | 5,155 | 5.0820 GBP | |||
10p ordinary | SWAP | Increasing Long | 5,764 | 5.0661 GBP | |||
10p ordinary | SWAP | Increasing Long | 6,244 | 5.0624 GBP | |||
10p ordinary | SWAP | Increasing Long | 10,447 | 5.0460 GBP | |||
10p ordinary | SWAP | Increasing Long | 13,140 | 5.0660 GBP | |||
10p ordinary | SWAP | Increasing Long | 17,806 | 5.0630 GBP | |||
10p ordinary | SWAP | Increasing Short | 7 | 5.0460 GBP | |||
10p ordinary | SWAP | Increasing Short | 8 | 5.0363 GBP | |||
10p ordinary | SWAP | Increasing Short | 30 | 5.0380 GBP | |||
10p ordinary | SWAP | Increasing Short | 100 | 5.0418 GBP | |||
10p ordinary | SWAP | Increasing Short | 186 | 5.0565 GBP | |||
10p ordinary | SWAP | Increasing Short | 448 | 5.0880 GBP | |||
10p ordinary | SWAP | Increasing Short | 462 | 5.0553 GBP | |||
10p ordinary | SWAP | Increasing Short | 619 | 5.0500 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,486 | 5.0530 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,135 | 5.0788 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,526 | 5.0798 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,039 | 5.0768 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,127 | 5.0595 GBP | |||
10p ordinary | SWAP | Increasing Short | 19,989 | 5.0598 GBP | |||
10p ordinary | SWAP | Increasing Short | 45,316 | 5.0625 GBP | |||
10p ordinary | SWAP | Increasing Short | 110,168 | 5.0636 GBP | |||
10p ordinary | SWAP | Increasing Short | 313,906 | 5.0480 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: | 04 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
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