Barratt Developments Regulatory News (BDEV)

FORM 8.5 (EPT/NON-RI) - Amendment to 2a and 3b

Replaces form released at 12/07/2024 07:00 RNS Number : 1951W

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:

09 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:

11,297,498

1.16%

6,610,252

0.68%

(2) Cash-settled derivatives:

5,649,107

0.58%

9,939,749

1.02%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

TOTAL: 

16,946,605

1.74%

16,550,001

1.70%

(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to which subscription right exists

Details, including nature of the rights concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

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

1434407

5.0560 GBP

4.9070 GBP

10p ordinary

Sale

1140117

5.0529 GBP

4.9070 GBP

(b)

Cash-settled derivative transactions

Class of relevant security

Product description

Nature of dealing

Number of reference securities

Price per unit

10p ordinary

SWAP

Increasing Short

22,579

4.9595 GBP

10p ordinary

CFD

Decreasing Short

42,683

5.0110 GBP

10p ordinary

CFD

Decreasing Short

3,088

5.0935 GBP

10p ordinary

CFD

Increasing Short

35,220

4.9120 GBP

10p ordinary

CFD

Increasing Short

589

4.9123 GBP

10p ordinary

CFD

Increasing Short

5,947

5.0043 GBP

10p ordinary

CFD

Increasing Short

7,463

5.0428 GBP

10p ordinary

SWAP

Opening Short

4

4.9325 GBP

10p ordinary

SWAP

Opening Short

1

4.9900 GBP

10p ordinary

SWAP

Decreasing Short

3,400

4.9535 GBP

10p ordinary

SWAP

Opening Long

19,900

4.9120 GBP

10p ordinary

SWAP

Increasing Long

2,550

5.0208 GBP

10p ordinary

SWAP

Increasing Long

261

5.0437 GBP

10p ordinary

SWAP

Closing Long

22,047

4.9846 GBP

10p ordinary

SWAP

Increasing Long

11,844

4.9711 GBP

10p ordinary

SWAP

Increasing Long

599

5.0239 GBP

10p ordinary

SWAP

Increasing Long

482

5.0277 GBP

10p ordinary

SWAP

Increasing Long

1,000

5.0297 GBP

10p ordinary

SWAP

Increasing Long

184

5.0304 GBP

10p ordinary

SWAP

Increasing Long

782

5.0376 GBP

10p ordinary

SWAP

Increasing Long

539

5.0407 GBP

10p ordinary

SWAP

Increasing Long

2,365

5.0435 GBP

10p ordinary

SWAP

Increasing Long

113

5.0436 GBP

10p ordinary

SWAP

Increasing Long

2,365

5.0456 GBP

10p ordinary

SWAP

Increasing Long

751

5.0457 GBP

10p ordinary

SWAP

Increasing Long

211

5.0471 GBP

10p ordinary

SWAP

Increasing Long

449

5.0475 GBP

10p ordinary

SWAP

Increasing Long

434

5.0476 GBP

10p ordinary

SWAP

Increasing Long

732

5.0496 GBP

10p ordinary

SWAP

Increasing Long

1,643

5.0497 GBP

10p ordinary

SWAP

Increasing Long

490

5.0528 GBP

10p ordinary

SWAP

Increasing Long

696

5.0529 GBP

10p ordinary

SWAP

Decreasing Long

32,100

4.9146 GBP

10p ordinary

SWAP

Decreasing Long

6,948

4.9170 GBP

10p ordinary

SWAP

Decreasing Long

2,731

4.9356 GBP

10p ordinary

SWAP

Decreasing Long

665

4.9388 GBP

10p ordinary

SWAP

Decreasing Long

215

4.9483 GBP

10p ordinary

SWAP

Decreasing Long

1,770

4.9501 GBP

10p ordinary

SWAP

Decreasing Long

1,782

4.9537 GBP

10p ordinary

SWAP

Decreasing Short

18,744

4.9343 GBP

10p ordinary

SWAP

Decreasing Short

2,167

4.9912 GBP

10p ordinary

SWAP

Decreasing Short

19,092

5.0092 GBP

10p ordinary

SWAP

Decreasing Short

12,199

5.0196 GBP

10p ordinary

SWAP

Decreasing Short

3,084

5.0213 GBP

10p ordinary

SWAP

Decreasing Short

686

5.0400 GBP

10p ordinary

SWAP

Decreasing Short

197

5.0940 GBP

10p ordinary

SWAP

Increasing Short

17,875

4.9120 GBP

10p ordinary

SWAP

Increasing Short

22,857

4.9397 GBP

10p ordinary

SWAP

Increasing Short

39,997

4.9767 GBP

10p ordinary

SWAP

Increasing Short

3,194

5.0040 GBP

10p ordinary

SWAP

Increasing Short

1,918

5.0316 GBP

10p ordinary

SWAP

Increasing Short

345

5.0520 GBP

10p ordinary

SWAP

Decreasing Short

17,060

4.9119 GBP

10p ordinary

SWAP

Decreasing Short

1,708

4.9425 GBP

10p ordinary

SWAP

Decreasing Short

6,748

4.9699 GBP

10p ordinary

SWAP

Decreasing Short

83

4.9729 GBP

10p ordinary

SWAP

Decreasing Short

4,873

4.9830 GBP

10p ordinary

SWAP

Decreasing Short

19,950

4.9879 GBP

10p ordinary

SWAP

Decreasing Short

2,987

5.0382 GBP

10p ordinary

SWAP

Decreasing Short

1,097

5.0405 GBP

10p ordinary

SWAP

Decreasing Short

3,530

5.0408 GBP

10p ordinary

SWAP

Decreasing Short

1,764

5.0419 GBP

10p ordinary

SWAP

Increasing Short

5,059

4.9247 GBP

10p ordinary

SWAP

Increasing Short

735

4.9273 GBP

10p ordinary

SWAP

Increasing Short

2,741

4.9284 GBP

10p ordinary

SWAP

Increasing Short

1,472

4.9296 GBP

10p ordinary

SWAP

Increasing Short

1,083

4.9464 GBP

10p ordinary

SWAP

Decreasing Short

360

5.0380 GBP

10p ordinary

SWAP

Decreasing Short

196

5.0420 GBP

10p ordinary

SWAP

Increasing Short

13,899

4.9120 GBP

10p ordinary

SWAP

Increasing Short

20,751

4.9485 GBP

10p ordinary

SWAP

Increasing Short

20,394

4.9501 GBP

(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

(ii)

Exercising

Class of relevant security

Product description

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of Dealings

Details

Price per unit (if applicable)

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:

15 Jul 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213