Barratt Developments Regulatory News (BDEV)

FORM 8.5 (EPT/NON-RI)- Amendment to section 3b

Replaces form released on 11:34 19/08/2024

RNS Number : 9562A

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%

(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

785012

5.3982 GBP

5.3452 GBP

10p ordinary

Sale

682015

5.4000 GBP

5.3400 GBP

(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

(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:

19 Aug 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213