Last checked at 17 Apr 2024 11:47
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 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: | 11,209,394 | 1.15% | 6,859,906 | 0.70% | |||
(2) Cash-settled derivatives: | 5,948,335 | 0.61% | 9,830,143 | 1.01% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
TOTAL: | 17,157,729 | 1.76% | 16,690,049 | 1.71% | |||
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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 | 2143225 | 4.5320 GBP | 4.4670 GBP | |||
10p ordinary | Sale | 1924084 | 4.5320 GBP | 4.4670 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 | Closing Long | 48,200 | 4.4934 GBP | |||
10p ordinary | SWAP | Closing Short | 409 | 4.4857 GBP | |||
10p ordinary | SWAP | Closing Short | 19,989 | 4.4762 GBP | |||
10p ordinary | SWAP | Closing Short | 20,498 | 4.4760 GBP | |||
10p ordinary | CFD | Decreasing Long | 4 | 4.4750 GBP | |||
10p ordinary | SWAP | Decreasing Long | 35 | 4.5045 GBP | |||
10p ordinary | SWAP | Decreasing Long | 46 | 4.5224 GBP | |||
10p ordinary | SWAP | Decreasing Long | 219 | 4.5026 GBP | |||
10p ordinary | SWAP | Decreasing Long | 264 | 4.5062 GBP | |||
10p ordinary | SWAP | Decreasing Long | 314 | 4.5050 GBP | |||
10p ordinary | SWAP | Decreasing Long | 439 | 4.5006 GBP | |||
10p ordinary | CFD | Decreasing Long | 1,573 | 4.4763 GBP | |||
10p ordinary | SWAP | Decreasing Long | 2,302 | 4.5065 GBP | |||
10p ordinary | CFD | Decreasing Long | 4,173 | 4.5113 GBP | |||
10p ordinary | CFD | Decreasing Long | 5,718 | 4.4836 GBP | |||
10p ordinary | CFD | Decreasing Long | 7,012 | 4.4922 GBP | |||
10p ordinary | SWAP | Decreasing Long | 15,762 | 4.4880 GBP | |||
10p ordinary | SWAP | Decreasing Long | 18,180 | 4.4940 GBP | |||
10p ordinary | CFD | Decreasing Long | 21,999 | 4.5105 GBP | |||
10p ordinary | SWAP | Decreasing Long | 44,929 | 4.5055 GBP | |||
10p ordinary | CFD | Decreasing Long | 86,279 | 4.4760 GBP | |||
10p ordinary | SWAP | Decreasing Short | 29 | 4.5110 GBP | |||
10p ordinary | SWAP | Decreasing Short | 36 | 4.4759 GBP | |||
10p ordinary | SWAP | Decreasing Short | 104 | 4.5249 GBP | |||
10p ordinary | SWAP | Decreasing Short | 200 | 4.5149 GBP | |||
10p ordinary | SWAP | Decreasing Short | 494 | 4.4950 GBP | |||
10p ordinary | SWAP | Decreasing Short | 730 | 4.4860 GBP | |||
10p ordinary | SWAP | Decreasing Short | 738 | 4.4765 GBP | |||
10p ordinary | SWAP | Decreasing Short | 794 | 4.5124 GBP | |||
10p ordinary | SWAP | Decreasing Short | 1,784 | 4.4934 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,027 | 4.4760 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,129 | 4.5106 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,459 | 4.5074 GBP | |||
10p ordinary | SWAP | Decreasing Short | 2,967 | 4.5085 GBP | |||
10p ordinary | SWAP | Decreasing Short | 12,597 | 4.5108 GBP | |||
10p ordinary | SWAP | Decreasing Short | 61,929 | 4.4766 GBP | |||
10p ordinary | SWAP | Increasing Long | 1,296 | 4.4828 GBP | |||
10p ordinary | CFD | Increasing Long | 1,573 | 4.5106 GBP | |||
10p ordinary | SWAP | Increasing Long | 2,302 | 4.5065 GBP | |||
10p ordinary | SWAP | Increasing Long | 3,362 | 4.5265 GBP | |||
10p ordinary | SWAP | Increasing Long | 4,394 | 4.4856 GBP | |||
10p ordinary | SWAP | Increasing Long | 5,000 | 4.4919 GBP | |||
10p ordinary | SWAP | Increasing Long | 6,176 | 4.4759 GBP | |||
10p ordinary | SWAP | Increasing Long | 6,221 | 4.4875 GBP | |||
10p ordinary | CFD | Increasing Long | 7,691 | 4.5133 GBP | |||
10p ordinary | SWAP | Increasing Long | 12,794 | 4.4921 GBP | |||
10p ordinary | SWAP | Increasing Long | 15,762 | 4.4880 GBP | |||
10p ordinary | SWAP | Increasing Long | 17,990 | 4.4940 GBP | |||
10p ordinary | SWAP | Increasing Long | 29,524 | 4.4852 GBP | |||
10p ordinary | SWAP | Increasing Long | 44,929 | 4.5055 GBP | |||
10p ordinary | SWAP | Increasing Long | 84,369 | 4.4977 GBP | |||
10p ordinary | CFD | Increasing Long | 100,587 | 4.4967 GBP | |||
10p ordinary | SWAP | Increasing Short | 207 | 4.5320 GBP | |||
10p ordinary | SWAP | Increasing Short | 300 | 4.4976 GBP | |||
10p ordinary | SWAP | Increasing Short | 671 | 4.5191 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,593 | 4.5055 GBP | |||
10p ordinary | SWAP | Increasing Short | 2,720 | 4.4907 GBP | |||
10p ordinary | SWAP | Increasing Short | 3,085 | 4.4894 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,066 | 4.4829 GBP | |||
10p ordinary | SWAP | Increasing Short | 5,174 | 4.4885 GBP | |||
10p ordinary | SWAP | Increasing Short | 7,410 | 4.4901 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,068 | 4.4904 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,595 | 4.4988 GBP | |||
10p ordinary | SWAP | Increasing Short | 8,735 | 4.4902 GBP | |||
10p ordinary | SWAP | Increasing Short | 12,088 | 4.4920 GBP | |||
10p ordinary | SWAP | Increasing Short | 13,887 | 4.4903 GBP | |||
10p ordinary | SWAP | Increasing Short | 16,713 | 4.4763 GBP | |||
10p ordinary | SWAP | Increasing Short | 45,382 | 4.4919 GBP | |||
10p ordinary | SWAP | Increasing Short | 64,931 | 4.4945 GBP | |||
10p ordinary | SWAP | Increasing Short | 83,481 | 4.4760 GBP | |||
10p ordinary | SWAP | Increasing Short | 114,105 | 4.4947 GBP | |||
10p ordinary | SWAP | Opening Long | 99 | 4.4827 GBP | |||
10p ordinary | SWAP | Opening Long | 302 | 4.4850 GBP | |||
10p ordinary | SWAP | Opening Long | 315 | 4.4914 GBP | |||
10p ordinary | SWAP | Opening Long | 424 | 4.4870 GBP | |||
10p ordinary | SWAP | Opening Long | 469 | 4.4759 GBP | |||
10p ordinary | SWAP | Opening Long | 863 | 4.4906 GBP | |||
10p ordinary | SWAP | Opening Long | 2,164 | 4.4848 GBP | |||
10p ordinary | SWAP | Opening Long | 5,147 | 4.4960 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: | 17 Apr 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 | ||||||