Last checked at 1 May 2024 11:10
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: | 30 Apr 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: | 13,882,205 | 1.42% | 6,147,657 | 0.63% | |||
(2) Cash-settled derivatives: | 5,248,963 | 0.54% | 12,480,944 | 1.28% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 19,131,168 | 1.96% | 18,628,601 | 1.91% | |||
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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 | 862713 | 4.5985 GBP | 4.5430 GBP | |||
10p ordinary | Sale | 993690 | 4.5969 GBP | 4.5443 GBP | |||
ADR | Purchase | 660 | 11.4400 USD | 11.4400 USD | |||
ADR | Sale | 660 | 11.4400 USD | 11.4400 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 | 4 | 4.5584 GBP | |||
10p ordinary | SWAP | Decreasing Long | 6 | 4.5655 GBP | |||
10p ordinary | SWAP | Decreasing Long | 10 | 4.5653 GBP | |||
10p ordinary | SWAP | Decreasing Long | 27 | 4.5675 GBP | |||
10p ordinary | SWAP | Decreasing Long | 48 | 4.5446 GBP | |||
10p ordinary | SWAP | Decreasing Long | 103 | 4.5608 GBP | |||
10p ordinary | CFD | Decreasing Long | 124 | 4.5820 GBP | |||
10p ordinary | SWAP | Decreasing Long | 165 | 4.5889 GBP | |||
10p ordinary | SWAP | Decreasing Long | 168 | 4.5500 GBP | |||
10p ordinary | SWAP | Decreasing Long | 258 | 4.5674 GBP | |||
10p ordinary | SWAP | Decreasing Long | 438 | 4.5452 GBP | |||
10p ordinary | SWAP | Decreasing Long | 547 | 4.5877 GBP | |||
10p ordinary | SWAP | Decreasing Long | 634 | 4.5437 GBP | |||
10p ordinary | SWAP | Decreasing Long | 902 | 4.5662 GBP | |||
10p ordinary | SWAP | Decreasing Long | 976 | 4.5587 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,053 | 4.5764 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,114 | 4.5805 GBP | |||
10p ordinary | SWAP | Decreasing Long | 1,846 | 4.5445 GBP | |||
10p ordinary | CFD | Decreasing Long | 2,087 | 4.5546 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,688 | 4.5841 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,426 | 4.5580 GBP | |||
10p ordinary | SWAP | Decreasing Long | 3,757 | 4.5796 GBP | |||
10p ordinary | SWAP | Decreasing Long | 7,420 | 4.5706 GBP | |||
10p ordinary | SWAP | Decreasing Long | 8,430 | 4.5836 GBP | |||
10p ordinary | SWAP | Decreasing Long | 11,401 | 4.5470 GBP | |||
10p ordinary | CFD | Decreasing Long | 16,026 | 4.5469 GBP | |||
10p ordinary | SWAP | Decreasing Long | 25,804 | 4.5690 GBP | |||
10p ordinary | CFD | Decreasing Long | 32,142 | 4.5879 GBP | |||
10p ordinary | SWAP | Decreasing Short | 253 | 4.5688 GBP | |||
10p ordinary | SWAP | Decreasing Short | 427 | 4.5705 GBP | |||
10p ordinary | SWAP | Decreasing Short | 547 | 4.5689 GBP | |||
10p ordinary | SWAP | Decreasing Short | 913 | 4.5706 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,080 | 4.5891 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,491 | 4.5643 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,672 | 4.5622 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,689 | 4.5697 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,511 | 4.5759 GBP | |||
10p ordinary | SWAP | Decreasing Short | 4,342 | 4.5565 GBP | |||
10p ordinary | SWAP | Decreasing Short | 5,363 | 4.5604 GBP | |||
10p ordinary | SWAP | Decreasing Short | 6,456 | 4.5709 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,009 | 4.5655 GBP | |||
10p ordinary | SWAP | Decreasing Short | 7,584 | 4.5623 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,121 | 4.5443 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,227 | 4.5674 GBP | |||
10p ordinary | SWAP | Decreasing Short | 11,783 | 4.5593 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,037 | 4.5649 GBP | |||
10p ordinary | SWAP | Decreasing Short | 16,119 | 4.5728 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,702 | 4.5661 GBP | |||
10p ordinary | SWAP | Decreasing Short | 18,721 | 4.5667 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29,267 | 4.5607 GBP | |||
10p ordinary | SWAP | Decreasing Short | 30,040 | 4.5503 GBP | |||
10p ordinary | SWAP | Decreasing Short | 30,196 | 4.5473 GBP | |||
10p ordinary | SWAP | Decreasing Short | 38,798 | 4.5470 GBP | |||
10p ordinary | SWAP | Decreasing Short | 48,493 | 4.5645 GBP | |||
10p ordinary | CFD | Increasing Long | 115 | 4.5615 GBP | |||
10p ordinary | CFD | Increasing Long | 562 | 4.5470 GBP | |||
10p ordinary | CFD | Increasing Long | 839 | 4.5929 GBP | |||
10p ordinary | CFD | Increasing Long | 1,427 | 4.5866 GBP | |||
10p ordinary | CFD | Increasing Long | 9,597 | 4.5857 GBP | |||
10p ordinary | CFD | Increasing Long | 9,950 | 4.5645 GBP | |||
10p ordinary | CFD | Increasing Long | 13,447 | 4.5832 GBP | |||
10p ordinary | CFD | Increasing Long | 20,838 | 4.5752 GBP | |||
10p ordinary | CFD | Increasing Long | 33,320 | 4.5469 GBP | |||
10p ordinary | SWAP | Increasing Short | 34 | 4.5408 GBP | |||
10p ordinary | SWAP | Increasing Short | 84 | 4.5426 GBP | |||
10p ordinary | SWAP | Increasing Short | 165 | 4.5740 GBP | |||
10p ordinary | SWAP | Increasing Short | 246 | 4.5417 GBP | |||
10p ordinary | SWAP | Increasing Short | 907 | 4.5973 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,809 | 4.5773 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,959 | 4.5554 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,585 | 4.5739 GBP | |||
10p ordinary | SWAP | Increasing Short | 4,898 | 4.5454 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,065 | 4.5689 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,152 | 4.5459 GBP | |||
10p ordinary | SWAP | Increasing Short | 23,362 | 4.5916 GBP | |||
10p ordinary | SWAP | Increasing Short | 28,255 | 4.5520 GBP | |||
10p ordinary | SWAP | Increasing Short | 41,004 | 4.5470 GBP | |||
10p ordinary | SWAP | Opening Short | 1,759 | 4.5652 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: | 01 May 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||