12 Apr 2024 07:00
FORM 8.5 (EPT/NON-RI) - Amendment to section 2a and 3b | Â | ||||||
Replaces form released on 10:08 22/03/2024 | Â | ||||||
RNS Number : 9731H | Â | ||||||
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 | REDROW PLC | |||||
 relevant securities this form relates: | |||||||
(c) | Name of the party to the offer with which exempt | REDROW PLC | |||||
 principal trader is connected | |||||||
(d) | Date position held/dealing undertaken: | 21-Mar-24 | |||||
(e) | In addition to the company in 1(b) above, is the exempt principal | YES: | |||||
 trader making disclosures in respect of any other party to the offer? |  BARRATT DEVELOPMENTS 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: | 10.5p ordinary | ||||||
Interests | Short Positions | ||||||
Number | (%) | Number | (%) | ||||
(1) Relevant securities owned and/or controlled: | 7,693,830 | 2.32% | 2,457,291 | 0.74% | |||
(2) Cash-settled derivatives: | 1,212,317 | 0.36% | 7,543,630 | 2.28% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:Â | 0 | 0.00% | 0 | 0.00% | |||
 | 8,906,147 | 2.68% | 10,000,921 | 3.02% | |||
 TOTAL: | |||||||
 | |||||||
 | |||||||
(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to | Â | ||||||
 which subscription right exists | |||||||
Details, including nature of the rights | Â | ||||||
 concerned and relevant percentages: | |||||||
3 | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchase and sales | Â | |||||
Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
 security |  securities |  paid/received |  paid/received | ||||
10.5p ordinary | Purchase | 43615 | 6.6750 GBP | 6.6100 GBP | |||
10.5p ordinary | Sale | 81334 | 6.6769 GBP | 6.6050 GBP | |||
 | |||||||
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
 relevant |  reference |  unit | |||||
 security |  securities | ||||||
10.5p ordinary | SWAP | Decreasing Short | 42 | 6.6691 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 63 | 6.6769 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 78 | 6.6050 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 79 | 6.6550 GBP | |||
10.5p ordinary | CFD | Decreasing Short | 95 | 6.6376 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 405 | 6.6482 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 405 | 6.6345 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 9,058 | 6.6700 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 19,524 | 6.6380 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 23,083 | 6.6524 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 81 | 6.5600 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 91 | 6.6150 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 354 | 6.6411 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 466 | 6.6482 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 1,112 | 6.6473 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 3,040 | 6.6370 GBP | |||
10.5p ordinary | CFD | Increasing Short | 6,544 | 6.6255 GBP | |||
10.5p ordinary | SWAP | Opening Long | 227 | 6.5950 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 974 | 6.6104 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 2,678 | 6.6105 GBP | |||
 | |||||||
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
 of |  description |  purchasing, |  of |  price |  date |  money | |
 relevant |  selling, |  securities |  per unit |  paid/ | |||
 security |  varying etc |  to which |  received | ||||
 option |  per unit | ||||||
 relates | |||||||
 |  |  |  |  |  |  |  |
 | |||||||
(ii) | Exercising | Â | |||||
Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
 security |  securities |  unit | |||||
 |  |  |  |  | |||
 | |||||||
(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
 security |  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: | 11-Apr-24 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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