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 | |||||
(c) | Name of the party to the offer with which exempt | REDROW PLC | |||||
(d) | Date position held/dealing undertaken: | 29 Feb 2024 | |||||
(e) | In addition to the company in 1(b) above, is the exempt principal | YES: | |||||
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: | 7,625,224 | 2.31% | 2,602,825 | 0.79% | |||
(2) Cash-settled derivatives: | 1,334,049 | 0.40% | 7,484,976 | 2.26% | |||
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||
| 8,959,273 | 2.71% | 10,087,801 | 3.05% | |||
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(b) | Rights to subscribe for new securities (including directors and other executive options) | ||||||
Class of relevant security in relation to |
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Details, including nature of the rights |
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3. | DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER | ||||||
(a) | Purchase and sales |
| | | | | |
Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||
10.5p ordinary | Purchase | 1102068 | 6.4796 GBP | 6.3674 GBP | |||
10.5p ordinary | Sale | 472290 | 6.4900 GBP | 6.3975 GBP | |||
| | | | | | | |
(b) | Cash-settled derivative transactions | ||||||
Class of | Product description | Nature of dealing | Number of | Price per | |||
10.5p ordinary | SWAP | Closing Long | 20 | 6.4050 GBP | |||
10.5p ordinary | SWAP | Closing Long | 577 | 6.3843 GBP | |||
10.5p ordinary | SWAP | Closing Long | 1,636 | 6.3674 GBP | |||
10.5p ordinary | SWAP | Closing Long | 2,649 | 6.4048 GBP | |||
10.5p ordinary | SWAP | Closing Long | 3,312 | 6.4096 GBP | |||
10.5p ordinary | SWAP | Decreasing Long | 105 | 6.4730 GBP | |||
10.5p ordinary | SWAP | Decreasing Long | 221 | 6.4717 GBP | |||
10.5p ordinary | SWAP | Decreasing Long | 270 | 6.4694 GBP | |||
10.5p ordinary | SWAP | Decreasing Long | 351 | 6.4696 GBP | |||
10.5p ordinary | CFD | Decreasing Short | 7 | 6.4057 GBP | |||
10.5p ordinary | CFD | Decreasing Short | 76 | 6.4050 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 125 | 6.4300 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 456 | 6.3998 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 2,922 | 6.4606 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 13,708 | 6.4615 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 18,357 | 6.4656 GBP | |||
10.5p ordinary | SWAP | Decreasing Short | 33,700 | 6.4075 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 230 | 6.4462 GBP | |||
10.5p ordinary | CFD | Increasing Short | 498 | 6.4292 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 585 | 6.4116 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 655 | 6.4326 GBP | |||
10.5p ordinary | CFD | Increasing Short | 1,280 | 6.4050 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 1,398 | 6.4429 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 1,662 | 6.4262 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 3,323 | 6.4255 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 5,660 | 6.4375 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 20,724 | 6.4247 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 46,121 | 6.4314 GBP | |||
10.5p ordinary | SWAP | Increasing Short | 604,683 | 6.4050 GBP | |||
| | | | | | | |
(c) | Stock-settled derivative transactions (including options) | ||||||
(i) | Writing, selling, purchasing or varying | ||||||
Class | Product | Writing, | Number | Exercise | Type | Expiry | Option |
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(ii) | Exercising |
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Class of relevant | Product description | Exercising/ exercised against | Number of | Exercise price per | |||
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(d) | Other dealings (including subscribing for new securities) | ||||||
Class of relevant | Nature of Dealings | Details | Price per unit (if | ||||
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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, | |||||||
NONE | |||||||
(b) | Agreements, arrangements or understandings relating to options or derivatives | ||||||
Details of any agreement, arrangement or understanding, formal or informal, between | |||||||
NONE | |||||||
(c) | Attachments | ||||||
Is a Supplemental Form 8 (Open Positions) attached? | NO | ||||||
Date of disclosure: | 01 Mar 2024 | ||||||
Contact name: | Large Holdings Regulatory Operations | ||||||
Telephone number: | 020 3134 7213 |
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