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Form 8.5 (EPT/NON-RI)BARRATT DEVELOPMENTS PLC

Related Companies

By LSE RNS

RNS Number : 3637L
Barclays PLC
19 April 2024
 

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:

18 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:

12,134,130

1.25%

6,852,557

0.70%

(2) Cash-settled derivatives:

5,923,795

0.61%

10,719,431

1.10%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

18,057,925

1.85%

17,571,988

1.80%

 








(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

732846

4.4792  GBP

4.4310  GBP

10p ordinary

Sale

368005

4.4940  GBP

4.4277  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 Long

1

4.4600  GBP

10p ordinary

CFD

Decreasing Long

523

4.4630  GBP

10p ordinary

SWAP

Decreasing Long

741

4.4755  GBP

10p ordinary

CFD

Decreasing Long

963

4.4644  GBP

10p ordinary

CFD

Decreasing Long

1,181

4.4792  GBP

10p ordinary

CFD

Decreasing Long

9,879

4.4639  GBP

10p ordinary

SWAP

Decreasing Short

214

4.4469  GBP

10p ordinary

SWAP

Decreasing Short

264

4.4659  GBP

10p ordinary

SWAP

Decreasing Short

380

4.4661  GBP

10p ordinary

SWAP

Decreasing Short

962

4.4603  GBP

10p ordinary

SWAP

Decreasing Short

1,063

4.4540  GBP

10p ordinary

SWAP

Decreasing Short

1,323

4.4624  GBP

10p ordinary

SWAP

Decreasing Short

1,561

4.4651  GBP

10p ordinary

SWAP

Decreasing Short

1,843

4.4622  GBP

10p ordinary

SWAP

Decreasing Short

2,141

4.4637  GBP

10p ordinary

SWAP

Decreasing Short

3,217

4.4628  GBP

10p ordinary

SWAP

Decreasing Short

5,057

4.4594  GBP

10p ordinary

SWAP

Decreasing Short

14,071

4.4680  GBP

10p ordinary

SWAP

Decreasing Short

16,779

4.4277  GBP

10p ordinary

SWAP

Decreasing Short

29,370

4.4596  GBP

10p ordinary

SWAP

Decreasing Short

69,441

4.4629  GBP

10p ordinary

CFD

Increasing Long

15

4.4633  GBP

10p ordinary

CFD

Increasing Long

1,839

4.4630  GBP

10p ordinary

CFD

Increasing Long

9,729

4.4678  GBP

10p ordinary

SWAP

Increasing Short

92

4.4600  GBP

10p ordinary

SWAP

Increasing Short

115

4.4635  GBP

10p ordinary

SWAP

Increasing Short

307

4.4640  GBP

10p ordinary

SWAP

Increasing Short

631

4.4270  GBP

10p ordinary

SWAP

Increasing Short

694

4.4675  GBP

10p ordinary

SWAP

Increasing Short

1,087

4.4652  GBP

10p ordinary

SWAP

Increasing Short

1,270

4.4659  GBP

10p ordinary

SWAP

Increasing Short

6,876

4.4630  GBP

10p ordinary

SWAP

Increasing Short

37,404

4.4626  GBP

10p ordinary

SWAP

Increasing Short

39,000

4.4621  GBP

10p ordinary

SWAP

Increasing Short

46,655

4.4659  GBP

10p ordinary

SWAP

Increasing Short

104,864

4.4664  GBP

10p ordinary

SWAP

Increasing Short

246,410

4.4630  GBP

10p ordinary

SWAP

Opening Short

494

4.4443  GBP

10p ordinary

SWAP

Opening Short

8,487

4.4632  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 Apr 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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END
 
 
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