Source - LSE Regulatory
RNS Number : 4473E
Barclays PLC
26 February 2024
 

FORM 38.5(b)

IRISH TAKEOVER PANEL

OPENING POSITION DISCLOSURE/DEALING DISCLOSURE

UNDER RULE 38.5(b) OF THE IRISH TAKEOVER

PANEL ACT, 1997, TAKEOVER RULES, 2022 BY A CONNECTED

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED

INTERMEDIARY STATUS, OR WITH RECOGNISED INTERMEDIARY

STATUS BUT NOT DEALING IN A CLIENT-SERVING CAPACITY

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:

IRISH RESIDENTIAL PROPERTIES REIT PLC

(c)

Name of the party to the offer with which exempt

 principal trader is connected (Note 1)

IRISH RESIDENTIAL PROPERTIES REIT PLC

(d)

Date position held/dealing undertaken:

23 Feb 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?

No

2.

INTERESTS AND SHORT POSITIONS

 

Interests and short positions in the relevant securities of the offeror

 

or offeree to which the disclosure relates following the dealing (if any) (Note 2)

Class of relevant security:

 


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

4,266,591

0.81%

336,313

0.06%

(2) Cash-settled derivatives:

291,496

0.06%

4,033,708

0.76%

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

0

0.00%

0

0.00%

 

 TOTAL:

 

4,558,087

0.86%

4,370,021

0.83%

 








3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER (Note 4)

(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

€0.10 ordinary shares

Purchase

2,532

                   0.9920 EUR

                   0.9920 EUR

€0.10 ordinary shares

Purchase

43,595

                   0.9913 EUR

                   0.9913 EUR

€0.10 ordinary shares

Purchase

46,088

                   0.9862 EUR

                   0.9862 EUR

€0.10 ordinary shares

Purchase

99,721

                   0.9961 EUR

                   0.9961 EUR

€0.10 ordinary shares

Purchase

166,148

                   1.0009 EUR

                   1.0009 EUR

€0.10 ordinary shares

Purchase

1,700

                   1.0024 EUR

                   1.0024 EUR

€0.10 ordinary shares

Purchase

6,833

                   1.0152 EUR

                   1.0152 EUR

€0.10 ordinary shares

Purchase

9,785

                   1.0058 EUR

                   1.0058 EUR

€0.10 ordinary shares

Purchase

10,758

                   1.0122 EUR

                   1.0122 EUR

€0.10 ordinary shares

Purchase

66,459

                   1.0075 EUR

                   1.0075 EUR

€0.10 ordinary shares

Purchase

71522

                   0.9808 EUR

                   0.9808 EUR

€0.10 ordinary shares

Purchase

96,441

                   1.0100 EUR

                   1.0100 EUR

€0.10 ordinary shares

Sale

23

                   1.0300 EUR

                   1.0300 EUR

€0.10 ordinary shares

Sale

2,532

                   0.9920 EUR

                   0.9920 EUR

€0.10 ordinary shares

Sale

16131

                   0.9974 EUR

                   0.9974 EUR

€0.10 ordinary shares

Sale

28,588

                   0.9917 EUR

                   0.9917 EUR

€0.10 ordinary shares

Sale

31,231

                   1.0126 EUR

                   1.0126 EUR

€0.10 ordinary shares

Sale

73,184

                   1.0112 EUR

                   1.0112 EUR

€0.10 ordinary shares

Sale

16,168

                   0.9920 EUR

                   0.9920 EUR

€0.10 ordinary shares

Sale

19,562

                   0.9837 EUR

                   0.9837 EUR

€0.10 ordinary shares

Sale

23240

                   0.9797 EUR

                   0.9797 EUR

€0.10 ordinary shares

Sale

24,268

                   0.9777 EUR

                   0.9777 EUR

€0.10 ordinary shares

Sale

28,186

                   0.9795 EUR

                   0.9795 EUR

€0.10 ordinary shares

Sale

64,912

                   1.0032 EUR

                   1.0032 EUR

€0.10 ordinary shares

Sale

80,171

                   1.0100 EUR

                   1.0100 EUR

 








(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

€0.10 ordinary shares

SWAP

Long

23

                   1.0300 EUR

€0.10 ordinary shares

SWAP

Long

24,268

                   0.9777 EUR

€0.10 ordinary shares

SWAP

Long

28,588

                   0.9918 EUR

€0.10 ordinary shares

SWAP

Long

31,231

                   1.0126 EUR

€0.10 ordinary shares

SWAP

Short

178

                   1.0140 EUR

€0.10 ordinary shares

SWAP

Short

1,700

                   1.0024 EUR

€0.10 ordinary shares

CFD

Short

7,052

                   0.9992 EUR

€0.10 ordinary shares

CFD

Short

16,092

                   1.0100 EUR

€0.10 ordinary shares

SWAP

Short

46,088

                   0.9863 EUR

€0.10 ordinary shares

SWAP

Short

99,721

                   0.9961 EUR

€0.10 ordinary shares

SWAP

Short

166,148

                   1.0009 EUR

 








(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:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

26 Feb 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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