20th Aug 2024 07:00
FORM 8.5 (EPT/NON-RI)- Amendment to section 3b |
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Replaces form released on 11:34 19/08/2024 |
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RNS Number : 9562A |
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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 Aug 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: | 10,492,390 | 1.08% | 3,540,584 | 0.36% | |||
(2) Cash-settled derivatives: | 2,625,895 | 0.27% | 9,212,612 | 0.95% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 13,118,285 | 1.35% | 12,753,196 | 1.31% | |||
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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 | 785012 | 5.3982 GBP | 5.3452 GBP | |||
10p ordinary | Sale | 682015 | 5.4000 GBP | 5.3400 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 | CFD | Decreasing Short | 256 | 5.3566 GBP | |||
10p ordinary | CFD | Decreasing Short | 3,527 | 5.3898 GBP | |||
10p ordinary | CFD | Decreasing Short | 932 | 5.3995 GBP | |||
10p ordinary | CFD | Increasing Short | 2,270 | 5.3465 GBP | |||
10p ordinary | CFD | Increasing Short | 1,041 | 5.3580 GBP | |||
10p ordinary | CFD | Increasing Short | 932 | 5.3584 GBP | |||
10p ordinary | CFD | Increasing Short | 2,445 | 5.3860 GBP | |||
10p ordinary | CFD | Increasing Short | 20,613 | 5.3864 GBP | |||
10p ordinary | CFD | Increasing Short | 2,021 | 5.3948 GBP | |||
10p ordinary | CFD | Increasing Short | 41 | 5.3982 GBP | |||
10p ordinary | SWAP | Decreasing Short | 17,700 | 5.3670 GBP | |||
10p ordinary | SWAP | Decreasing Short | 467 | 5.3753 GBP | |||
10p ordinary | SWAP | Decreasing Short | 855 | 5.3821 GBP | |||
10p ordinary | SWAP | Increasing Short | 1,605 | 5.3452 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,373 | 5.3570 GBP | |||
10p ordinary | SWAP | Increasing Long | 3,937 | 5.3714 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2 | 5.3580 GBP | |||
10p ordinary | SWAP | Decreasing Short | 28,397 | 5.3643 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,860 | 5.3707 GBP | |||
10p ordinary | SWAP | Decreasing Short | 104,765 | 5.3723 GBP | |||
10p ordinary | SWAP | Decreasing Short | 3,426 | 5.3743 GBP | |||
10p ordinary | SWAP | Decreasing Short | 431 | 5.3800 GBP | |||
10p ordinary | SWAP | Increasing Short | 584 | 5.3596 GBP | |||
10p ordinary | SWAP | Increasing Short | 108,310 | 5.3606 GBP | |||
10p ordinary | SWAP | Increasing Short | 41,390 | 5.3659 GBP | |||
10p ordinary | SWAP | Increasing Short | 49,749 | 5.3721 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,053 | 5.3744 GBP | |||
10p ordinary | SWAP | Increasing Short | 71,427 | 5.3774 GBP | |||
10p ordinary | SWAP | Increasing Short | 807 | 5.3960 GBP | |||
10p ordinary | SWAP | Decreasing Short | 522 | 5.3737 GBP | |||
10p ordinary | SWAP | Increasing Short | 47,331 | 5.3580 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,374 | 5.3594 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,631 | 5.3607 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,012 | 5.3609 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,173 | 5.3622 GBP | |||
10p ordinary | SWAP | Increasing Short | 39,690 | 5.3637 GBP | |||
10p ordinary | SWAP | Increasing Short | 894 | 5.3730 GBP | |||
10p ordinary | SWAP | Increasing Short | 9,274 | 5.3870 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,410 | 5.3876 GBP | |||
10p ordinary | SWAP | Increasing Short | 6,154 | 5.3887 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,631 | 5.3893 GBP | |||
10p ordinary | SWAP | Decreasing Short | 856 | 5.3782 GBP | |||
10p ordinary | SWAP | Increasing Long | 48,432 | 5.3740 GBP | |||
10p ordinary | SWAP | Increasing Long | 48,432 | 5.3847 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,859 | 5.3901 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5 | 5.3580 GBP | |||
10p ordinary | SWAP | Opening Long | 244,452 | 5.3723 GBP | |||
10p ordinary | SWAP | Decreasing Long | 68,922 | 5.3580 GBP | |||
10p ordinary | SWAP | Opening Short | 31,575 | 5.3739 GBP | |||
10p ordinary | SWAP | Increasing Short | 11,302 | 5.3837 GBP | |||
10p ordinary | SWAP | Increasing Short | 17526 | 5.4140 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: | 19 Aug 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||
Related Shares:
BarclaysBarratt Developments