26th Jun 2024 11:27
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: | 25 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: | 12,241,675 | 1.26% | 3,820,697 | 0.39% | |||
(2) Cash-settled derivatives: | 2,914,663 | 0.30% | 10,800,281 | 1.11% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 15,156,338 | 1.56% | 14,620,978 | 1.50% | |||
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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 | 715466 | 4.7500 GBP | 4.7030 GBP | |||
10p ordinary | Sale | 1211847 | 4.7500 GBP | 4.7030 GBP | |||
ADR | Purchase | 20 | 11.9300 USD | 11.9300 USD | |||
ADR | Sale | 20 | 11.9300 USD | 11.9300 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 | Decreasing Long | 261 | 4.7150 GBP | |||
10p ordinary | SWAP | Decreasing Short | 165 | 4.7140 GBP | |||
10p ordinary | SWAP | Decreasing Short | 447 | 4.7262 GBP | |||
10p ordinary | SWAP | Decreasing Short | 697 | 4.7276 GBP | |||
10p ordinary | SWAP | Decreasing Short | 896 | 4.7172 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,449 | 4.7410 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,530 | 4.7409 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,442 | 4.7299 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,598 | 4.7283 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,573 | 4.7263 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,271 | 4.7234 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,746 | 4.7290 GBP | |||
10p ordinary | CFD | Decreasing Short | 9,232 | 4.7165 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,553 | 4.7391 GBP | |||
10p ordinary | CFD | Decreasing Short | 12,097 | 4.7248 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,307 | 4.7227 GBP | |||
10p ordinary | CFD | Decreasing Short | 13,196 | 4.7402 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,102 | 4.7269 GBP | |||
10p ordinary | SWAP | Decreasing Short | 20,368 | 4.7380 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28,452 | 4.7459 GBP | |||
10p ordinary | SWAP | Decreasing Short | 31,324 | 4.7306 GBP | |||
10p ordinary | SWAP | Decreasing Short | 40,428 | 4.7323 GBP | |||
10p ordinary | CFD | Decreasing Short | 43,308 | 4.7456 GBP | |||
10p ordinary | SWAP | Decreasing Short | 77,543 | 4.7285 GBP | |||
10p ordinary | SWAP | Decreasing Short | 90,048 | 4.7334 GBP | |||
10p ordinary | SWAP | Decreasing Short | 184,362 | 4.7460 GBP | |||
10p ordinary | SWAP | Increasing Short | 7 | 4.7390 GBP | |||
10p ordinary | SWAP | Increasing Short | 21 | 4.7280 GBP | |||
10p ordinary | CFD | Increasing Short | 190 | 4.7503 GBP | |||
10p ordinary | SWAP | Increasing Short | 234 | 4.7173 GBP | |||
10p ordinary | SWAP | Increasing Short | 366 | 4.7170 GBP | |||
10p ordinary | SWAP | Increasing Short | 928 | 4.7288 GBP | |||
10p ordinary | CFD | Increasing Short | 1,438 | 4.7292 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,764 | 4.7313 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,948 | 4.7334 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,620 | 4.7357 GBP | |||
10p ordinary | CFD | Increasing Short | 7,379 | 4.7245 GBP | |||
10p ordinary | CFD | Increasing Short | 7,794 | 4.7459 GBP | |||
10p ordinary | CFD | Increasing Short | 10,864 | 4.7224 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,337 | 4.7293 GBP | |||
10p ordinary | SWAP | Increasing Short | 14,933 | 4.7319 GBP | |||
10p ordinary | SWAP | Increasing Short | 17,381 | 4.7266 GBP | |||
10p ordinary | SWAP | Increasing Short | 34,074 | 4.7245 GBP | |||
10p ordinary | SWAP | Opening Short | 2 | 4.7300 GBP | |||
10p ordinary | SWAP | Opening Short | 217 | 4.7249 GBP | |||
10p ordinary | SWAP | Opening Short | 7,455 | 4.7406 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: | 26 Jun 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments